b2b e-commerce retail
African B2B e-commerce giant Wasoko marked down to $260M after VC halves stake
VNV Global, a Swedish investment firm that backs startups in mobility, health and marketplaces, slashed the value of its holding in Wasoko, an African B2B e-commerce startup, by 48%, according…
MaxAB, an Egyptian B2B e-commerce platform for food and grocery supplies, nabs $40M
Last year, MaxAB, the food and grocery B2B e-commerce and distribution platform serving a network of traditional retailers across Egypt and Morocco, raised its $55 million Series A in two…
Egyptian B2B e-commerce platform Cartona raises $12M to scale and explore new verticals
Startups that solve the supply-chain and operational challenges of players in the fast-moving consumer goods (FMCG) industry — by helping buyers access products from sellers on a single platform —…
Betastore gets $2.5M to solve stockouts, financing challenges for informal retailers in West and Central Africa
About 80% of household retail in sub-Saharan Africa is delivered through informal channels, which perennially face several challenges like stockouts, leading to an instability in earnings and a lack of…
Over the past two years, Asia’s retailers were forced to do virtual meetings instead of visiting in-person trade shows or conferences to source new brands and products due to the…
Chari, a Moroccan startup digitizing mom and pop stores, raises $5M at $70M valuation
If there’s a sector that has seen the biggest uptick in the number of startups and venture capital in emerging markets since the start of last year, it has to…
Cartona gets $4.5M pre-Series A to connect retailers with suppliers in Egypt
Today, Cartona is announcing that it has raised a $4.5 million pre-Series A funding round to connect retailers and manufacturers via an application. It’s looking to take a large piece…
Egyptian startup Capiter raises $33M to expand B2B e-commerce platform across MENA
Funding startups that help manufacturers and sellers distribute products and merchants access them on a single platform keeps increasing across Africa. Today, Cairo-based B2B e-commerce startup Capiter continues that trend…
