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Exclusive: Logistics startup Sendy enters into administration after failing to find a buyer

Exclusive: Logistics startup Sendy enters into administration after failing to find a buyer

Sendy has been facing a financial crisis with up to $1 million in monthly burn rate, and going into administration is the only way it can protect itself from total collapse. Sendy, a logistics startup based in Kenya, has entered into administration, TechCabal reliably learned. Going into administration means that the company is facing financial…

The post Exclusive: Logistics startup Sendy enters into administration after failing to find a buyer appeared first on Content Krush.

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