Chowdeck acquires Mira to expand into operational support for food, hospitality businesses

Chowdeck, a food delivery company, has acquired Mira, a point-of-sale (POS) solutions provider for food and hospitality businesses in Africa.

In a statement on Monday, Chowdeck said the deal would allow the company to offer business tools beyond logistics, including inventory management, kitchen operations and customer engagement.

However, the value of the deal was not disclosed.

Femi Aluko, chief executive officer (CEO) of Chowdeck, said the acquisition aligns with the company’s goal of becoming a technology partner for food businesses on the continent.

“We are thrilled to welcome Mira to the Chowdeck family. I’ve admired their work for a long time, and I’m excited about what we can build together,” Aluko said.

“Their expertise will be instrumental as we continue to evolve our platform and empower our partners to succeed.”

As part of the deal, Ted Oladele, CEO of Mira, will join Chowdeck as head of product.

Some Mira team members are expected to also transition into Chowdeck to build out new business tools.

Chowdeck said the acquisition would help address operational challenges in Africa’s hospitality sector, such as supply chain disruptions and inventory waste, which are often cited as barriers to profitability.

The company, which is backed by US-based venture capital firm Y Combinator, added that it hopes to help more businesses meet growing consumer demand for speed, convenience, and service quality.