Home Startups Uganda’s Tourism Startup Tripesa Secures  Funding To Digitize MSMES And Aid Recovery  Post Covid

Uganda’s Tourism Startup Tripesa Secures  Funding To Digitize MSMES And Aid Recovery  Post Covid

by Milcah Lukhanyu
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B2B travel tech startup Tripesa has closed a pre seed aimed at  digitizing touring MSMES and aid recovery of Post Covid. The investment was led by  Eric Osiakwan, Future Africa, Consonance Investment Managers and LTNT Investments .

David Gonahasa, co-founder and CEO of Tripesa, said “Micro, small and medium-sized enterprises (MSMEs) in tourism took a heavy blow due to Covid 19 related disruptions in the past two years but Tripesa is leveraging technology to empower them with tools to help them recover much faster. The new normal for us is enabling small players run their businesses from anywhere and serve customers round the clock with our localized travel and financial technology platform

Tripesa was cofounded in Uganda by David Gonahasa, Thomas Karugaba and Raymond Byaruhanga in 2020 .It enables small business owners in tourism and hospitality sell online and manage their entire business operations on a simple no-code platform.

The platform allows a micro and small to medium sized enterprise (MSME) in tourism with no tech background to build and manage a website, accept bookings and payments and access a customer relationship management dashboard.

Tripesa currently has over 260 tourism businesses in Uganda and Kenya on the platform. These companies are spearheading the new normal for Africa’s US$35 billion annual market that employs over 24 million people across multiple sub-sectors like tour operators, travel agencies, tour guides, car hire companies, curio shops, museums, events, small hotels and restaurants.

Eric Osiakwan, founder of Chanzo Capital, one of the angel investors in Tripesa says “MSMEs are truly the engine of economic growth in Africa where in some countries like Ghana 85% of enterprises are MSMEs contributing about 70% of the country’s GDP. Our investment in Tripesa supports the development of the continent by unlocking the potential of MSMEs who often struggle with the complexity and cost of managing their business online and accessing source markets.

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