Omnibiz Company Overview
OmniBiz is a pioneering B2B e-commerce platform that revolutionizes end-to-end retail operations, enabling manufacturers, distributors, logistic partners, and retailers to achieve their business objectives through a seamless supply chain framework. Launched in 2019, OmniBiz leverages technology to transform traditional retail in Africa, offering an asset-light retail distribution model. With its embedded finance technology, OmniPay, and Mplify, the Distribution Management Solution, OmniBiz has created a decentralized approach to digitized retail. The platform provides retailers with access to over 600 different FMCG products from various manufacturers, delivered to their doorstep free of cost, ensuring better ROI for retailers and helping distributors/manufacturers grow volume and reach more retailers. Headquartered in Lagos, Nigeria, OmniBiz has raised a total of $19M in funding and serves over 90,000 retailers, making a significant impact by digitalizing the largely unorganized retail sector
Omnibiz Valuation History
Omnibiz Stock Price
The stock price of Omnibiz can be calculated by taking the valuation of the company divided by the number of shares outstanding. Because a private company can issue new shares at any time, we do not know the current number of shares outstanding.
For illustrative purposes, however, assuming Omnibiz has issued 250 million shares, at the estimated UpMarket valuation of $50.73 million, each share of Omnibiz stock would be worth $0.20.
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UpMarket has offered many similar companies as Pre-IPO investments, including Airbnb, SpaceX, ByteDance, Plaid, Kraken, Databricks, and others. UpMarket also often has funds available that invest in a portfolio of companies potentially including, Omnibiz as well.
Omnibiz Management
| Name | Position |
|---|---|
| Deepankar Rustagi | CEO |
| Manu M R | CTO |
| Adewale Adisa | COO |
