Digital printing startup Printivo has been voted the most investable in Nigeria after the Nigerian Startup Matchup competition run by business support platform Starta.
Disrupt Africa reported last month Starta had launched the competition, asking people to assume they are VCs or angels and choose which startups they would invest in.
The championship-style competition pitted 32 of the Nigerian startups that have raised institutional investment against each other, with pairs of startups competing for a place in the next stage of the five-round competition.
After six rounds of voting and over 2,000 votes, Printivo beat Hotels.ng, gaining 57 per cent of the vote, having disposed of Podozi, Cheki, iROKOtv and Andela in the previous rounds.
Launched in 2014, Printivo aims to help Nigerian startups and SMEs print business and marketing materials with ease, and hopes to grow Nigeria’s US$200 million print market, which has until now had no credible online presence.
It is working with blue chip firms such as Google, Samsung, Stanbic IBTC, Honda and Uber, allowing users to select their product and template, upload images and input their information, pay online, and have the final product delivered straight to their doorstep.
The startup’s victory in the Starta competition will be welcome news for early-stage technology venture capital firm EchoVC Partners, which made a real-life six-figure investment in Printivo late last year.
