Thank you for signing up for our free newsletter. By entering your email id you agree to receive our free newsletter and other promotional communication.
$3,561,929,000+
*Data updated daily at 18:00 EAT

Kenya-based smartphone re-commerce startup, Badili, has secured USD 2.1 Mn in pre-seed funding from VCs and angel investors. The Venture Catalysts, V&R Africa, Grenfell holdings, SOSV, family offices, and angel investors from Kenya, Nigeria, South Africa, and India took part in the round.
Launched in March 2022 by serial entrepreneurs Rishabh Lawania and Keshu Dubey, Badili has expanded to over 37 cities & towns in Kenya with about USD 2 Mn in annual revenue. Badili buys pre-owned phones and sells refurbished smartphones that are tagged “as good as new, for half the price” and comes with a 12 months warranty. Badili plans to pursue new growth opportunities in West Africa, where it wants to capitalize on rising demand for low-cost used smartphones.
A weekly roundup on VC, PE and M&A deals in the African continent
A weekly newsletter that puts the African context, first. Business, Economy, Startups, State of Industries. All in one!
A snippet of all stories by our team
To keep reading for free, please enter your email!
You will not be able to recover this imaginary file!

source