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Kenya to create a local cryptocurrency?

According to reports, Kenya’s blockchain & artificial intelligence taskforce has proposed a digital asset registry and a digital currency for the country citing that they can create trust. The taskforce’s chairman Bitange Ndemo asserts that the creation of a digital asset registry should come first followed by the digital currency. The digital asset registry will… Read More »

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Indian Realty startup Foyr raises $2 million in series A

Hyderabad-based realty startup Foyr.com has announced $2 million in funding from SRI Capital in a series A funding round. This round of funding brings to $6.5 million the amount of money raised by the startup since its inception in 2015. Besides SRI Capital, property consultant JLL, Astarc Ventures and Brick Eagle are major investors in the… Read More »

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Open Banking API provider TrueLayer raises $7.5M

London-based startup TrueLayer has raised  $7.5 million in funding in a round led by  venture capital fund Northzone. This follows a$3 million series A round in June 2017. TrueLayer has built a developer platform to make it easy for fintech and other adjacent companies, such as retailers, to access bank APIs. TrueLayer offers a single platform/API to connect… Read More »

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Sweden’s HealthTech startup Engaging Care raises $800,000

  Sweden-based heath tech startup Engaging Care has raised $800,000 in “pre-seed” funding. The round saw participation from Hampus Jakobsson (venture partner at BlueYard Capital , Sophia Bendz (EIR at Atomico), Erik Byrenius (founder of OnlinePizza) and Neil Murray’s The Nordic Web Ventures. The fresh injection of cash will be used to further develop Engaging Care’s SAAS platform. Co-founded… Read More »

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India’s online ticketing startup BookMyShow raises $100 million

India’s online ticketing service for cinemas, theatres and sports in India BookMyShow has raised $100 million in series D funding. The  round was led by private investment firm TPG Growth with participation  from undisclosed existing investors. to date, the Mumbai-based startup has raised a total of $225 million from a range of backers that include Accel,… Read More »

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Greycroft raises $250M for its fifth early-stage fund

Founded in 2006 by Alan Patricof, Ian Sigalow and Dana Settle, Greycroft, the venture capital firm that’s backed companies like the Huffington Post has announced that it has raised $250 million for its latest fund apart from seed and Series A funding rounds, the venture capital firm also invests in growth-stage startups from a seperate fund focused… Read More »

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TaxiTV Raises Seed Fund From Beta.Ventures

Lagos-based advertising-technology startup TaxiTV  has raised an undisclosed amount of seed funding in a round led by Beta.Ventures. Other backers in the round include Collins Onuegbu of SASWARE, Sam Senbanjo of Neon Ventures and several prominent individual investors. Founded in October 2017 by Akinbola Asalu and Dami Osiyale,  TaxiTV provides advertising channels for corporate brands… Read More »

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New Voices Fund -a $100 million fund for women of color

On Thursday, Richelieu Dennis, founder of SheaMoisture products and current owner of Essence Magazine, announced a $100 million fund for women entrepreneurs of color at the 2018 Essence Festival. “About six months ago, we announced that we were launching the new voices fund,” Dennis told the audience at the press conference during the Essence Festival…. Read More »

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SaffronStays Raises $2 million in Pre-series A fund round

Micro-hospitality startup has raised about $2 million from venture capital firm Sixth Sense Ventures. The pre-series A investment will help SaffronStays expand the number of holiday properties under its platform. Founded in 2015 by Devendra and Tejas Parulekar, SaffronStays curates and manages hospitality operations, reservations, branding and marketing for private vacation homes owned by high… Read More »

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