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Investments Flood into Africa’s B2B E-Commerce Startups
A new crop of business-to-business e-commerce startups are trying to connect informal retailers to manufacturers and large wholesalers.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Led by Kenya-Based Entrepreneurs Tesh Mbaabu and Mesongo Sibuti, Marketforce Closes the Largest Series A Round of Its Kind in East and Central Africa
MarketForce, the Nairobi-headquartered B2B platform for retail distribution of consumer goods and digital financial services in Africa, has announced the closing of a $40 million Series A round.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Press Release: VALOREO Announces $80 Million Series B Investment Led by L Catterton
The Company will use the capital to accelerate its acquisitions of outstanding LATAM e-commerce brands, enhance its unique technology platform, drive geographic expansion, and accelerate organic growth of its existing brand portfolio.
- Categories
- Investing, Technology
- Region
- Latin America
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South Africa Fintech Clickatell Wins $91 Million in its Latest Round of Funding
Clickatell, a Cape Town-founded and California-based fintech firm, CPaaS innovator and creator of the Chat Commerce platform announced it has secured $91-million in its latest Series C round of funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
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Indonesia-Based Agritech Startup Semaai Raises $1.25 Million in Pre-Seed Round Led by Sequoia Surge, Beenext
While Semaai primarily operates in Central Java, Indonesia, a large part of the funding will be channelled into expanding the startup’s engineering and product teams in India.
- Categories
- Agriculture, Technology
- Region
- Asia Pacific
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Colombian E-Commerce Enablement Startup Melonn Raises $20 Million to Help Small Businesses Scale in Latin America
Melonn, a Colombian startup that provides fulfillment and software services to small and medium-sized e-commerce companies in Latin America, has raised $20 million in a Series A round led by QED Investors.
- Categories
- Technology
- Region
- Latin America
- Tags
- e-commerce, startups
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Grab Acquires Jaya Grocer to Expand Its On-Demand Grocery Delivery in Malaysia
The deal enables Grab to bring more Jaya Grocer retail stores onto its marketplace and leverage Jaya Grocer's large supplier network further to expand its GrabSupermarket
- Categories
- Investing, Technology
- Region
- South Asia
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Indonesia’s Largest Private Bank To Pour $27.8 Million Into VC Arm
Indonesia’s Bank Central Asia (BCA) has allocated 400 billion rupiah to its VC arm, Central Capital Ventura, reported local news agency Antara, citing a statement from Jahja Setiaatmadja, the bank’s president director.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- e-commerce, startups