Founded in 2016, Zuri has carved a niche for itself by offering high-end, African-designed beauty products alongside a seamless omnichannel experience.
Zuri’s unique strength lies in its ability to bridge the gap between physical and digital worlds.
The company operates a network of hair salons across three East African nations – the Democratic Republic of Congo, Uganda, and Rwanda.
These salons serve as a touchpoint for customers, offering professional services and the opportunity to experience Zuri products firsthand.
Additionally, Zuri boasts a robust e-commerce platform, allowing customers to conveniently purchase products online and enjoy home delivery.
To further enhance the customer journey, Zuri leverages the power of social media, fostering a community around beauty trends and offering personalized recommendations.
“Zuri’s core mission is to empower women across the globe to embrace their confidence and inner beauty,” shared Gisela Van Houcke, Zuri’s founder and CEO.
“By creating a network of touchpoints – physical salons, a user-friendly e-commerce platform, and engaging social media channels – we’ve ensured our customers have effortless access to high-quality beauty products and services.”
Van Houcke expressed her enthusiasm about partnering with Renew Capital, highlighting their shared vision for Zuri’s continued expansion.
With Renew Capital’s backing, Zuri is poised to solidify its position as a leader in the African beauty market, offering exceptional products and services to a wider customer base.
The investment also reinforces Renew Capital’s commitment to fostering Africa’s entrepreneurial ecosystem and empowering businesses that create positive social impact.
“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.
Khula, a South African agritech startup dedicated to empowering farmers through a digital platform, has secured an undisclosed investment from a PepsiCo fund.
Lapaire, a fast-growing African eyewear startup, has secured significant financial backing from AfricInvest and Proparco to expand its optical care services across the continent.
Sanari Capital, a leading women-led and majority black- and women-owned private equity firm in South Africa, has closed the second round of its growth fund at R1.25 billion (approximately $65 million).
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