How Lynk raised $1.3m and evolved from "TaskRabbit for Kenya" to micro-franchising and construction

The East Africa Business Podcast: African Start ups | Investing | Entrepreneurship | Interviews

In this episode, I catch up with Johannes, co-founder of Lynk.
We initially spoke back in late 2016 along with his co-founder Adam. You can listen to the interview by searching for the episode on 'How Lynk is building a "TaskRabbit for Kenya"'.
The company has continued to grow over the years, and this time we meet in the new Lynk house/ office. With a new round of funding secured their employee numbers are up to 45 and, well, they need a new place to house people.
Johannes and I dig into how the business has grown and evolved over the past few years.
The company began by offering services to individuals, and whilst this is still part of their platform, a much bigger side of the business that has grown is B2B.
One of the things Lynk now it is effectively a construction company.
They use their roster of workers to effectively and efficiently build factories, as well as do the interior design and facilities management.
Regarding the individual services that are offered, such as beauticians, the model has also evolved into more of a micro-franchise. Practically this means that Lynk defines the services and how they should be delivered, and then give new workers on the platform a start-up loan to purchase the necessary materials and build their business on Lynk.
READ MORE AT:
https://theeastafricabusinesspodcast.com/2019/11/14/how-lynk-raised-1-3m-and-evolved-from-taskrabbit-for-kenya-to-micro-franchising-and-construction