Acasia Ventures invests in Kenya's tappi
Egypt-based venture capital firm (VC) Acasia Ventures has joined a $1.5 million pre-Seed funding round for Kenyan e-commerce enabler...
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Egypt-based venture capital firm (VC) Acasia Ventures has joined a $1.5 million pre-Seed funding round for Kenyan e-commerce enabler...
Kenyan startup tappi, which helps SMEs build their online identity through a chat tool that automatically creates a webpage, has raised US$1.5 million through an oversubscribed pre-seed round of funding to help it digitise and build online trust for African SMEs.
The conflict emerged as Kenyan e-commerce giant Twiga transitioned from high growth to profitability, leading to payment delays on a three-year $3 million cloud services contract.
The Mastercard Foundation Africa Growth Fund (the Fund) is pleased to announce that three Investment Vehicles (IVs) received investment approvals: Chui Ventures, VestedWorld, and SME Impact Fund.
Tappi allows small business owners to place ads using airtime; it has raised $1.5 million pre-seed to pursue its next growth phase in Nigeria and Kenya.