Over the last 10 years startups in Africa’s off-grid solar sector have attracted over $2.3 billion funding. However, the largest share of the financing has gone to just seven pay-as-you-go (PayGo) Africa-based scaleups, leaving hundreds others in the early-stage struggling to fundraise, according to the biennial Gogla-World Bank report. The seven most funded solar startups…
Shares of Delhivery have dropped by over 32% since Thursday, tumbling below its issue price from May, after the Indian logistics firm posted muted quarterly business growth this week. Delhivery said this week that its supply chain service and truckload business volumes had shrunk in the quarter ending September. Shares of Delhivery plunged on the…
A new startup is setting out to help companies build and harness communities around their products, enabling them to side-step multiple disparate tools and manage everything in a single platform. Founded out of the Czech Republic in 2021, Talkbase launched out of stealth just a couple of weeks back, backed by $2 million in pre-seed funding…
The final day of Disrupt kicked off in style with a conversation featuring four-time NBA All Star Draymond Green. It was a spirited chat, covering the power forward’s push into media, including his podcast “The Draymond Green Show” and deals with channels like TNT. Green also spoke at length about investing, managing mental health as a…
Tapping into your credit card rewards isn’t easy. You might have to read the fine print for what purchases are eligible or sign up for notifications on what purchases qualify when. Kudos wants you to make the most of your wallet and pick the best card every time you are ready to make a purchase.…
The construction materials market is fragmented, according to GlobalFair CEO Shaily Garg, because it involves layers of both supply chain and logistics complexities. In a 2021 survey for the National Association of Home Builders and Wells Fargo, the vast majority of builders said that the time it takes to obtain materials — and the cost…
During the last two days, 20 startups pitched their companies as part of TechCrunch’s Startup Battlefield at Disrupt 2022. These 20 companies were selected as the best of the brand-new Startup Battlefield 200 and competed for a chance to take home Battlefield Cup and $100,000. TechCrunch editors and expert judges winnowed them down to the…
Beating expectations is worth something again I don’t know if anyone’s really noticed, but Netflix had a pretty great third quarter, thank you very much. The streaming platform added 2.41 million subscribers when it only expected 1 million. It also beat analysts’ financial expectations, with $7.93 billion in revenue rather than $7.85 billion. Plenty has…
Last May, the Nigerian Presidency launched the Nigeria Startup Bill in collaboration with a group of Nigerian tech leaders and several government bodies to govern how startups and regulatory bodies operate and collaborate in the multi-billion-dollar tech ecosystem. Today, that bill has been signed into law by President Muhammadu Buhari. This news was made known…
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 tranches; the latter accompanied its acquisition of the Morocco-based and YC-backed WaysToCap. The moves signaled MaxAB’s ambition to dominate Egypt’s and North Africa’s B2B retail…
