Kenyan HR startup WorkPay raises USD 2.1M from Kepple Africa Ventures 

WorkPay

Kenya based human resources (HR) and payroll start-up, WorkPay has announced on 13th August, 2020, that it has raised USD 2.1M in a seed funding round. The start-up claims to utilize the finance to fuel its growth. Kepple Africa Ventures drove the round, which also invested USD 100,000 in WorkPay in the year 2019. Other participants include P1 Ventures, Musha...

Kenyan fintech startup myNGOVO launches salary advance app 

Kenya based fintech startup myNGOVO has recently launched a personal finance app that offers salary advances to employees and employee benefits without any interest charges.  The app in a way empowers the employers. Through myNGOVO platform, employees can request for upto 50% of their salaries in advance, after which the payment will be made to their mobile money account. But...

Nigerian merchant rewards startup ThankUCash secures fresh funding 

ThankUCash Founders

Nigeria based multi-merchant rewards startup ThankUcash has secured a funding from 500 Startups mentor Brandon Drew. He has joined the startup as an investor and advisor. ThankUCash is looking forward to expand internationally. It had also taken part in the 26th edition of Silicon Valley 500 Startups accelerator earlier this year, earning access to funding, mentorship and training. Brandon Drew...

Caper raises €300K in seed funding 

Caper raises €300K in seed funding

London-based startup Caper has raised €300K in a seed funding round held in August 2020, led by LEGO Ventures with participation from Founders Factory.  Founded in 2020 by Ben Geliher, Graham Denney and Sara Perkins, Caper has developed a mobile gaming app that offers parents original and innovative games called “missions” created to be played by the family together. These...

Bolt Bikes becomes Zoomo, secures US$ 11M in fresh funding 

Bolt Bikes becomes Zoomo, secures US$ 11M in fresh funding

Sydney, Australia-based electric bike platform Bolt Bikes has rebranded to Zoomo in August 2020 along with obtaining US$ 11M in capital from a Series A funding round, led by Australian Clean Energy Finance Corporation and participation from Hana Ventures and existing investors Maniv Mobility and Contrarian Ventures, also with venture debt from OneVentures and Viola Credit. Capital raised will be...

Top 10 EdTech Startups in India

Top 10 EdTech Startups in India

Educational technology, better known as EdTech refers to the combined use of computer hardware, software, and educational theory to enable learning. In the past 4-5 months, the coronavirus pandemic has left millions of students locked inside their homes and it is EdTech that has been very vocal in imparting education to them. Even before the pandemic, many students had switched...

Employees social networking platform Mesh secured seed funding from Y Combinator 

Mesh

San Jose based employees social networking start-up, Mesh announced on 20th August, 2020, that it has raised an undisclosed amount of funding from Silicon Valley’s most influential startup incubators, Y Combinator. The founders of  CleverTap, Cure match and Meesho also took the participation in the funding round in addition to US seed-stage fund Liquid 2 Ventures. Angel investors like Xiaomi...

FPL Technologies secures US$ 10M in Series A funding

FPL Technologies secures US$ 10M in Series A funding

Pune-based FinTech startup FPL Technologies has raised US$ 10M in a Series A funding round held in August 2020 from Sequoia India, Matrix Partners India, Hummingbird Ventures, along with various angel investors. The latest round brings the startup’s total funding to US$ 15M since its launch. Proceeds from the round will be used to hire employees for its engineering and...

Odyssey Interactive launches with $7.9M CAD 

Odyssey Interactive launches with $7.9M CAD

Video gaming startup Odyssey Interactive has officially launched in the month of August 2020 in the Kitchener, Canada. Along with its launch, it has also announced a $7.9M CAD seed funding from investors like Andreessen Horowitz, Golden Ventures, A16Z Cultural Leadership Fund, as well as angel investors, including Eros Resmini of Discord, Kevin Lin of Twitch, Steve Chen of...

India based agritech startup WayCool Foods receives a US$ 114K grant

WayCool agritech

India based agritech startup WayCool Foods receives a US$ 114K grant