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India’s GlobalBees Raises $150 Million to Build Thrasio-like House of Brands
GlobalBees acquires and partners with digitally native brands across categories such as beauty, personal care, home and kitchen, food and nutrition, with a revenue rate of $1 million to $20 million.
- Categories
- Entrepreneurship, Technology
- Region
- Asia Pacific
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Emerging Markets: Infrastructure in a Post-COVID World
Despite the contraction of the global economy due to COVID-19, the “global logistics market has reached $5.2 trillion in 2020.
- Categories
- Coronavirus, Health Care, Technology
- Region
- Global
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Flipkart Valued at $37.6 Billion in New $3.6 Billion Fundraise
Flipkart said it has raised $3.6 billion at a post-money valuation of $37.6 billion in what is widely believed to be the pre-IPO round for the Indian e-commerce conglomerate.
- Categories
- Investing, Technology
- Region
- Asia Pacific
- Tags
- e-commerce, impact investing, SMEs, startups, technology
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Mastercard and Zamtel Partner to Transform Payments in Zambia
Mastercard and Zamtel has announced entering into a strategic partnership that will enable Zamtel Mobile Money customers to make safe and seamless digital payments on the Mastercard network including international e-commerce transactions.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Kenyan E-commerce Startup Sky.Garden Raises $4 Million Series A Funding Round
Sky.Garden, a software-as-a-service (SaaS) platform for mobile commerce that is built specifically for African businesses, has closed a US $4 million round of Series A funding to accelerate its growth.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Nigeria’s Gokada Launches Super App, Passes $100 Million in Annualised Transaction Value
Gokada has evolved to become a leading food delivery, parcel delivery, and last-mile e-commerce fulfillment solution.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Press Release: Architect Capital Launches with $100 Million to Provide Asset-Based Financing to Technology Companies in the U.S. And Latin America
Architect Capital, an asset-based lender to early-stage technology businesses, announced that it has launched with over $100 million to provide non-dilutive or less-dilutive financing solutions to high-growth and technology-enabled businesses.
- Categories
- Finance, Technology
- Region
- Latin America
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Analysis: Women Can Add $14.57 Billion to E-Commerce in Africa, According to IFC Research
The e-commerce market in Africa could grow by more than $14.5 billion between 2025-2030 according to an IFC report published yesterday.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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