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Walmart-owned Flipkart Invests $145 Million in Agritech Startup Ninjacart
As e-grocery picks up momentum in India, Walmart-owned Flipkart on Monday announced to invest $145 million in agritech startup Ninjacart, which has helped over 1,00,000 farmers across 150 villages to generate better revenues.
- Categories
- Agriculture, Investing, Technology
- Region
- Asia Pacific
- Tags
- impact investing
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African Edtech Startup Ulesson Raises $15m, Backed by Nielsen Ventures and Tencent
Founded by Nigerian serial founder Sim Shagaya in 2019, uLesson came into the market when the pandemic hit last year.
- Categories
- Education, Technology
- Region
- Sub-Saharan Africa
- Tags
- edtech, impact investing, startups
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4DX Ventures and Flutterwave Co-invest in Payments Processor CinetPay in Africa
CinetPay, a digital finance platform that enables merchants in Francophone Africa to seamlessly accept and make payments, has announced a $2.4 million seed fundraising round from 4DX Ventures and Flutterwave.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Cybersecurity Startup CloudSEK Bags $7 Million in Funding Led by MassMutual Ventures
The startup will use the fresh capital to scale its team of 100 engineers to evolve and refine its machine-learning capabilities as well as in increasing the marketing muscle outside of the country.
- Categories
- Technology
- Region
- Asia Pacific
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Press Release: Datavault® Contracts With Agri-fintech Company Tingo To Deliver Data Revenue to Its 10 Million International Members
Partnership will focus on the continent of Africa and data monetization strategies within the farming, agriculture, and finance sectors.
- Categories
- Agriculture, Finance, Technology
- Region
- Sub-Saharan Africa
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uYilo To Scale E-Mobility Projects Across Africa After EU Funding Deal
The uYilo eMobility Programme has received multimillion-rand funding from the European Union, which it says will be used to enable and mobilise electric mobility across Africa.
- Categories
- Energy, Technology, Transportation
- Region
- Sub-Saharan Africa
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Silicon Valley Law Firm Sees Surge in Africa Startup Fundraising
The Palo Alto, California-based firm helped Chipper Cash, an African cross-border payments company backed by Jeff Bezos, raise an additional $150 million in a Series C this month.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Global Investment Money Is Flooding Into Africa’s Fintechs
Fintech startups drew more than 60 percent of all venture funding that flowed into Africa last quarter.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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