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Press Release: GoTo Completes Landmark Listing on the Indonesia Stock Exchange
GoTo Group plans to use the proceeds from the IPO, after deducting issuance costs, for working capital to support the Company’s growth strategy, comprising four pillars.
- Categories
- Technology
- Region
- South Asia
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UPS Partners With Jumia to Expand Delivery Network in Africa
Global logistics and package delivery company UPS will leverage Jumia’s network across Africa to grow its reach in the continent.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Kenya’s Sokowatch Secures $125 Million Series B, Rebrands to Wasoko
Kenyan startup Sokowatch, an e-commerce company leveraging technology to transform the informal retail supply chain, has closed a US$125 million Series B equity round.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce
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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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