Backed by a new investor, delivery company QuickCart has expanded operations to Trinidad & Tobago, its first venture outside its home market of Jamaica.
Monique Powell, who previously worked in marketing in the banking sector before launching QuickCart six years ago, said she has been planning her entry into the T&T market for two years.
“At the beginning of this year, we thought it was time to do it. We began market research and hired the first person on the ground to begin business development,” Powell said in an interview with Financial Gleaner.
The money to fuel the expansion, according to Powell, came from Kevin Donaldson’s Roots Financial Group. The private equity firm bought out the shares of several investors, taking a 40 percent stake in the company
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