GreenTec invests in Ghanaian online platform Sumundi

GreenTec Capital has invested in Ghanaian startup Sumundi, which has developed an online management platform designed to help retailers manage, grow, and sustain their businesses.

The investor, which made the announcement on its website last week, did not disclose how much it had invested in the startup, which was founded in 2018 by Awura Abena Amponsah and Gilbert Blankson-Afful.

It said Sumundi provides an easy-to-use point-of-sale (POS) software and inventory management software which makes it easy for small shops and retailers to adopt technology into their businesses that facilitate inventory management and accounting.

Ghana’s Sumundi was founded in 2018 by Awura Abena Amponsah and Gilbert Blankson-Afful

Retailers can also benefit from a range of additional services through Sumundi’s platform including e-commerce, fulfilment, and logistics.

Amponsah and Blankson-Afful said in GreenTec Capital’s announcement that beyond GreenTec’s bespoke support, the startup is looking forward to working with GreenTec’s “incredible” team and “learning from their years of expertise”.

“We are certain that this partnership will help Sumundi create immense value for Africa, beyond what we can imagine or put a price tag on!” the founders said.

Featured image: Sumundi via Facebook