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FoodMap Raises US $3 Million to Connect Farmers, Food Producers Directly to B2C, B2B Customers in Vietnam
FoodMap aims to solve the gap between demand and supply across the invisible supply chain with a back-end management system for farmers and suppliers.
- Categories
- Agriculture, Technology
- Region
- South Asia
- Tags
- e-commerce, food security
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From People to Packages: How a Nigerian Ride-Hailing Business Weathered the Pandemic by Shifting to Last-Mile Delivery
The effects of COVID-19 have impacted business around the world, and consumer-focused sectors in Africa have faced particular challenges. As Nikhil Goel at Gokada explains, the crisis has exposed the urgent need for digital-first approaches to work, shopping and other aspects of daily life – and opened new opportunities for nimble enterprises that can tap into this growing demand. He explores how Gokada has successfully navigated the pandemic by shifting its business model from ride-sharing to last-mile delivery.
- Categories
- Coronavirus, Technology, Transportation
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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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Swiggy To Invest $700 Million in Instant Grocery Delivery Service in India
Swiggy, India’s top food-delivery startup, will invest $700 million in its express grocery delivery service Instamart, significantly intensifying the competition for quick commerce in the world’s second largest market.
- Categories
- Investing
- Region
- Asia Pacific
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Sendbox Raises $1.8 Million Seed to Digitise Deliveries for African SMEs
Sendbox, the Nigerian startup digitising deliveries for e-commerce and social commerce sellers in Africa, has closed a $1.8 million seed round to expand into more African markets, scale its product offerings and hire more talents.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce, scale, startups
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Made in Africa, Sold Around the World: An African E-Commerce Innovator Connects Women Creators with Global Customers
Sub-Saharan Africa is currently one of the world’s smallest e-commerce regions, but as Moulaye Taboure at Afrikrea points out, it has seen 42% year-on-year growth from 2019-2020, and its leading markets are starting to mature, providing a foundation for continued growth. He explores how several factors are aligning to support the e-commerce industry’s continued momentum in Africa, and discusses Afrikrea's efforts to build a platform that enables local sellers – particularly women – to grow their businesses and sell their products worldwide.
- Categories
- Technology
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Amazon Launches Its Global Computer Science Education Initiative in India
Amazon will partner with multiple education-focused non-profit organisations to take quality computer education to students of government schools across Karnataka, Delhi, Haryana, Maharashtra, Tamil Nadu, Odisha, and Telangana.
- Categories
- Education, Technology
- Region
- Asia Pacific
- Tags
- e-commerce, edtech, nonprofits
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Commerce Platform ShopUp Raises $75 Million in Largest Funding Round in the South Asian Market
ShopUp, a startup that is digitizing neighborhood stores in Bangladesh, has raised $75 million in a new financing round that is also the largest in the South Asian market.
- Categories
- Investing
- Region
- Asia Pacific
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