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Sokowatch Raises $14 million to Revamp Supply-chain Markets for Retailers

Sokowatch, a Kenya-based e-commerce startup, has raised $14 million Series A funding, to revamp its supply-chain market for informal retailers in Africa. Quona Capital led the financing round joined by Amplo, Breyer Capital, Vertex Ventures, Timon Capital, and 4DX Ventures.

The B2B company directly connects merchants to local and multinational suppliers, as well as digitizes orders, payments, and logistics. Above the demand and supply chain, Sokowatch also leverages historical purchasing data of retailers to provide credit and other financial services.

Read more from source article: https://www.techgistafrica.com/news/sokowatch-raises-14-million-to-revamp-supply-chain-markets-for-retailers-2/

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Nichole Manhire

Is the media and brand manager at GFA News. She works very closely with editors and podcasters that contribute to telling the African business success story. For marketing and advertising send Nichole an email: nichole@getfundedafrica.com

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