ENVIABLE GROUP LIMITED

What ENVIABLE GROUP LIMITED does

Enviable Group Limited is a Nigerian diversified enterprise operating five wholly-owned subsidiaries across transport services, tricycle and auto parts, oil and gas lubricants, logistics, and asset management. Founded in 2016 and formalised in its current diversified structure in 2020 under Founder and CEO Ituma Chukwuemeka Enviable, with Chief Dr. Obinna Iyiegbu (Obi Cubana) serving as Chairman, the group serves both individual consumers and corporate clients across Nigeria through a physical branch network of 26 offices in 13 states spanning the South West, South East, South South, FCT, and Northern regions.

The group's service portfolio spans ride-sharing, intercity and airport transfers, and executive mobility (Enviable Transport); TVS-partnered tricycle sales with genuine spare parts, repairs, and hire purchase financing (Enviable Tricycle & Auto Parts); proprietary lubricant brands including Enviable Power SAE 15W40 and Extra Keke Lube distributed via dealer networks (Enviable Oil & Gas); freight, delivery, and end-to-end supply chain coordination (Enviable Logistics); and a managed investment programme offering structured returns through tricycle asset ownership (Asset Management). The technology layer comprises the Enviable mobile app for ride bookings and dispatch, the Flow App for hire purchase payment tracking and investor returns, and the Eatables food delivery and grocery platform. No API, SDK, or integration ecosystem is disclosed.

Revenue is generated through five streams: transport transaction fees, hardware sales (tricycles and parts), lubricant sales via dealers and bulk supply, logistics freight fees, and managed services tied to the hire purchase investment programme. Distribution is predominantly direct through the branch network and phone/WhatsApp dispatch, supplemented by dealer networks for lubricants and the mobile app for self-serve booking. Pricing is not publicly disclosed and is quote-based or determined at branch enquiry. The group's GTM motion combines direct-to-consumer engagement at physical branches with sales-led phone/WhatsApp acquisition, and the group actively solicits business partnerships, distributor arrangements, and investment enquiries.

Name

ENVIABLE GROUP LIMITED

Legal name

Enviable Group Limited

Website

https://enviable.group

Company type

Private

Founded year

2016

Operating status

Operating

Short description

Enviable Group Limited is a Nigerian diversified enterprise operating five subsidiaries across transport, tricycles and auto parts, oil and gas lubricants, logistics, and asset management, serving consumers and businesses through 26 offices in 13 Nigerian states.

Ownership category

akta.pro rank

Product category

Transport & Logistics Services

NAICS

Motorcycle, ATV, and All Other Motor Vehicle Dealers (441227), Motor Vehicle Supplies and New Parts Merchant Wholesalers (42312)

SIC

Motorcycles, Bicycles & Parts (3751), Wholesale-Motor Vehicle Supplies & New Parts (5013), Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)

akta.pro primary industry

Corporate Vehicle Subscription & Flexible Access Programs (TLABALAH)

akta.pro secondary industry

Corporate Free-Floating Car Sharing (TLABALAB)

Keywords

• Transport services
• Logistics solutions
• Oil and gas
• Asset management
• Automotive parts

Headquarters

HQ city

Lagos

HQ country

Nigeria

HQ region

Africa

Offices25 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Revenue model

1. Transport Services: Revenue from ride-sharing, intercity travel, airport transfers, car hire, and executive/corporate mobility services. Includes 24/7 dispatch operations through mobile app and branch contact lines.
2. Tricycle & Auto Parts Sales: New tricycle sales (TVS partnership), genuine spare parts supply, and flexible hire purchase solutions for vehicles. Company manages operations and driver remittance for hire purchase investors.
3. Oil & Gas Products: Sale of lubricants including Enviable Power SAE 15W40, Enviable Super Lube 20W50, and Extra Keke Lube through branch network and dealer distribution.
4. Logistics & Freight Services: Freight and delivery services (short and long distance), end-to-end supply chain solutions, and bulk logistics for businesses and organisations.
5. Asset Management & Investment Solutions: Tailored investment solutions and structured asset portfolio management through hire purchase programmes for tricycles. Investors select assets and plans, make payments tracked via Flow App, and receive weekly or monthly returns. Company manages all driver remittance operations.

Go-to-market motion2 records

Distribution channels5 records

Marketing channels4 records

Core offering

ENVIABLE GROUP LIMITED is a diversified Nigerian conglomerate operating across five divisions: Transport, Tricycle & Auto Parts, Oil & Gas, Logistics, and Asset Management. The group delivers passenger transport, corporate mobility, tricycle hire-purchase with branded auto parts, lubricants and fuel, haulage/logistics, and investment/asset management services through 26 branches across 13 Nigerian states. It also runs Eatables, a food delivery sub-brand, and proprietary mobile apps for booking rides and on-demand services.

Product overview

Enviable Group of Companies operates as a diversified enterprise with five distinct business divisions serving transportation, logistics, energy, and industrial supply sectors across Nigeria. The portfolio consists of Enviable Transport Services (ride-sharing and mobility), Enviable Tricycle & Auto Parts (TVS-partnered sales and maintenance), Enviable Oil & Gas (lubricant products), Enviable Logistics (freight and supply chain), and Enviable Asset Management (investment solutions). The group also operates the Eatables food delivery and grocery app as a technology-driven consumer platform. Services are accessible through a mobile application and a network of 15+ branches across Nigeria, with operations coordinated through the parent holding company established in 2016 and formalised in 2020.

Differentiator

Problem solved

Functional benefit

Brands

• Eatables: Food delivery and grocery shopping app operated by Enviable Group as part of its technology-driven services.

Products and services

• Enviable Transport Services Passenger transport services including ride bookings via mobile app, car hire, and corporate executive mobility for individual commuters and corporate clients across Nigeria.
• Enviable Tricycle & Auto Parts Sales of TVS-branded tricycles, spare parts, and a hire-purchase program that enables operators and transport entrepreneurs to acquire commercial tricycles on installment terms.
• Enviable Oil & Gas Supply of lubricants, petroleum products, and related oil-and-gas consumables to individual motorists, transport operators, and commercial buyers.
• Enviable Logistics Haulage and logistics services including goods movement, supply chain delivery, and corporate distribution for businesses requiring nationwide transportation of cargo.
• Enviable Asset Management Investment and asset management services enabling individual investors and partners to participate in the group's tricycle hire-purchase and business operations as a structured investment scheme.
• Eatables Food delivery sub-brand of ENVIABLE GROUP that connects customers to prepared meals and food vendors via a dedicated platform, targeting individual consumers in Nigerian cities.

Segments5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• TVS (Partner for Tricycle Sales)coreStrategic or Co-development PartnerEnviable Tricycle & Auto Parts Limited operates as a partner with TVS for new tricycle sales. The partnership enables the distribution of TVS tricycles in Nigeria through the group's branch network and hire purchase programme. Tricycles are sold alongside genuine spare parts, flexible hire purchase solutions, and certified onsite technical support.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• InDrive: Negotiation-based ride-hailing app that has rapidly scaled across Nigeria, offering passengers a non-surge pricing model that directly pressures Enviable Transport's pricing and dispatch volumes.
• Oando Plc: Major Nigerian downstream oil and gas company with lubricant and petroleum distribution operations, directly comparable to Enviable Oil & Gas on product range and dealer/distribution structure within Nigeria.
• Red Star Express: Established Nigerian logistics and courier company with nationwide distribution capability, directly comparable to Enviable Logistics on freight, last-mile, and supply chain services for business customers.
• ABC Transport Plc: Listed Nigerian passenger transport company focused on intercity and interstate travel, a directly comparable peer for Enviable Transport's intercity travel and airport transfer services.
• TVS Motor Company: India-headquartered global two- and three-wheeler manufacturer that supplies Enviable's tricycles; comparable as the upstream brand and product peer in the tricycle/motorcycle category Enviable serves.
• Bolt: Global ride-hailing platform with deep Nigerian city penetration, competing for the same drivers and passengers as Enviable Transport and defining the price/incentive structure of the local ride-hailing market.
• GIG Mobility: Nigerian ride-hailing, car-sharing, and intra-city mobility operator with a sister logistics arm (GIG Logistics), the closest direct competitor to Enviable's combined transport and logistics stack across Nigerian cities.

Broad incumbents

• Dangote Group: Nigeria's largest diversified conglomerate spanning cement, sugar, refining, and logistics; comparable to Enviable as a multi-sector Nigerian holding structure, though significantly larger and broader in vertical reach.

Emerging players

• Innoson Vehicle Manufacturing (IVM): Nigerian automotive manufacturer of vehicles including tricycles and buses; competes with Enviable Tricycle on local content and is a potential upstream supplier alternative to TVS in the domestic mobility ecosystem.
• Jumia Nigeria: Pan-African e-commerce platform operating Jumia Food in Nigeria; competes with Enviable's Eatables platform on food delivery and grocery logistics within the same Nigerian consumer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/61577039142831
• LinkedInlinkedin.com/company/enviabletransport

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ENVIABLE GROUP LIMITED