Posted on

Kenyan Startup Sukhiba Connect Raises $1.55 Million to Expand WhatsApp-Based Commerce

New Investments

Kenyan Startup Sukhiba Connect Raises $1.55 Million to Expand WhatsApp-Based Commerce

Kenyan social commerce startup, Sukhiba Connect, has secured a $1.55 million seed extension round, bolstering its efforts to expand its WhatsApp-based commerce platform across Africa and emerging markets.
 

Led by EQ2 Ventures, the funding round also saw participation from Accion Venture Lab, Musha Ventures, Quona Capital, and existing investor CRE Ventures.

This latest investment follows a $1.5 million seed round raised in 2023.

Founded in 2021 by Ananth Raj Gudipati and Abhinav Reddy, Sukhiba Connect leverages WhatsApp as a primary operating system to provide a conversational commerce and CRM platform for medium and large enterprises.

The platform enables businesses to connect with customers, manage orders, accept payments, and provide customer service all within the popular messaging app.

The new funding will be used to accelerate Sukhiba Connect’s expansion into new markets and enhance its platform’s capabilities.

The startup aims to become the leading CRM and sales force automation tool in emerging markets, competing with other social commerce players like Kapu and MarketForce’s Chpter.

Sukhiba Connect has already experienced significant growth since its initial seed round, with operations in eight markets across Africa and India.

It has partnered with leading manufacturers, distributors, retail chains, and direct-to-consumer brands, serving over 35,000 small and medium-sized enterprises (SMEs).

“This seed extension marks a significant milestone for us,” said Gudipati. “It will enable us to scale our operations and enhance our SaaS platform to better serve our growing customer base.”

Related Articles

Register Now

Empower Africa Times Newsletter

Share :

“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.

You may also like...

Posted on

Tonee Ndungu: Kenyan Innovator Transforming Education Through Technology in Africa

Tonee Ndungu: Kenyan Innovator Transforming Education Through Technology in Africa

Tonee Ndungu is a Kenyan entrepreneur known for his pioneering work in educational technology.

He is the founder of Kytabu, an app designed to make educational content more accessible and affordable for students across Africa.

Kytabu allows students to lease digital textbooks by page, chapter, or book, reducing the cost of education for many.

With a background in media and communication, Tonee has dedicated his career to addressing educational disparities in Africa.

He is a recognized TED Fellow, a title given to individuals with the potential to make significant contributions to the world.

His TED talks have highlighted the importance of using technology to improve access to education.

Tonee’s work with Kytabu has had a measurable social impact, helping to bridge the gap in educational resources in underserved communities.

He has received numerous awards for his contributions to education and technology and is widely respected as a leader in the African tech ecosystem.

In addition to his entrepreneurial ventures, Tonee is an active public speaker and mentor.

He regularly shares his insights at international conferences and is committed to guiding young entrepreneurs in Africa.

His achievements reflect a deep commitment to using technology for social good, particularly in the field of education.

With 10 years in Edtech, he is now fascinated by the convergence of EdTech and FinTech and the power both of those bring to individuals, families and communities in Africa.

Share :

You may also like...

Lelemba Phiri

Lelemba Phiri is an award-winning Zambian-born educator, author, keynote speaker, and gender-lens angel investor.

Read More »

Polo Leteka

Polo is a highly accomplished and experienced entrepreneur and private equity investor on a mission to bridge the gender financing gap in Africa.

Read More »