Naivas - About the company
Naivas is a late stage company based in Nairobi (Kenya), founded in 1992. It operates as an Online platform offering multi-category grocery supplies. Naivas has raised $55.2M in funding from Amethis and IFC. The company has 11 active competitors, including 2 funded and 1 that has exited. Its top competitors include companies like Glovo, GroceryPik and Kibanda Topup.
Company Details
Online platform offering multi-category grocery supplies. It offers fruits & vegetables, bakery products, dairy products, meat & seafood, drinks & beverages, and more.
- Website
- naivas.co.ke
Key Metrics
Founded Year
1992
Location
Nairobi, Kenya
Stage
Late Stage
Total Funding
$55.2M in 2 rounds
Latest Funding Round
Ranked
2nd among 11 active competitors
Employee Count
5,163 as on Apr 30, 2026
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Naivas's funding and investors
Naivas has raised a total funding of $55.2M over 2 rounds. Its first funding round was on Mar 02, 2020. Its latest funding round was a PE round on Aug 03, 2020 for $*****. 2 investors participated in its latest round. Naivas has 5 institutional investors.
Here is the list of recent funding rounds of Naivas:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 03, 2020 | 8859303 | PE | 2494388 | 5909504 | 9687533 | 8532203 |
Mar 02, 2020 | 5031284 | PE | 5056660 | 2497791 | 5527196 |
View details of Naivas's funding rounds and investors
Naivas' founders and board of directors
Founder? Claim ProfileNaivas' employee count trend
Naivas has 5,163 employees as of Apr 26. Here is Naivas's employee count trend over the years:
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Naivas's Competitors and alternates
Top competitors of Naivas include Glovo, GroceryPik and Kibanda Topup. Here is the list of Top 10 competitors of Naivas, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Operator of an online platform for on-demand delivery services | $1.16B | 86/100 | ||
2nd | Online platform offering multi-category grocery supplies | $55.2M | 50/100 | ||
3rd | GroceryPik 2017, Nairobi (Kenya), Unfunded | Online marketplace to buy grocery products | - | - | 33/100 |
4th | Kibanda Topup 2021, Nairobi (Kenya), Seed | Online platform offering multi-category grocery supplies | $460K | 31/100 | |
5th | Online platform offering grocery | - | - | 28/100 | |
6th | Emart Kenya 2016, Kenya, Unfunded | Online retailer of grocery products | - | - | 25/100 |
7th | Kalimoni Greens 2007, Nairobi (Kenya), Unfunded | Farm to home delivery service for organic products | - | - | 24/100 |
8th | Online platform offering food products | - | - | 23/100 | |
9th | Kitchen Soko 2014, Nairobi (Kenya), Unfunded | Farm to home service for grocery products | - | - | 22/100 |
10th | ChapChapGO 2014, Nairobi (Kenya), Seed | Online marketplace of grocery items | - | 20/100 |
Looking for more details on Naivas's competitors? Click here to see the top ones
Naivas's Investments and acquisitions
Naivas has made no investments or acquisitions yet.
Reports related to Naivas
Here is the latest report on Naivas's sector:
News related to Naivas
•
France’s Proparco Invests $31.5 Million in Naivas SupermarketKenyan Wall Street•Jun 27, 2022•Proparco, IBL, DEG, Naivas
•
Amethis and partners to sell stake in Kenyan retailer NaivasRetail Insight Network•Jun 27, 2022•Amethis, DEG, Mcbcapitalmarkets, IFC and 2 others
•
IFC and French Private Fund Sell 30% Naivas StakeKenyan Wall Street•Jun 24, 2022•Naivas, IFC, Amethis
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Naivas & IFC Partner to Improve Food Safety Standards in its 71 StoresKenyan Wall Street•Jun 14, 2021•Naivas
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Naivas Supermarket Becomes the Anchor Tenant at WaterFront MallKenyan Wall Street•Sep 21, 2020•Naivas, Thewaterfrontkaren
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Equity Partners With Merchants To Offer Discounts On Cashless PurchasesSoko Directory•Aug 13, 2020•Equity Bank, Dignity, Naivas
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Naivas Receives KSh 6 Billion From Sale of 30% StakeKenyan Wall Street•Aug 03, 2020•Naivas, Amethis, IFC, Mcbcapitalmarkets
•
Competition Authority Okays Naivas Sale of 30% Stake to French PE FirmKenyan Wall Street•Jun 28, 2020•Amethis, Naivas
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