Smartphone re-commerce startup Badili raises $2.1M pre-seed funding

Badili, a Kenya-based smartphone re-commerce startup, has raised $2.1 million pre-seed funding to scale its operations within Africa; one of the fastest-growing mobile phone market in the world.
The Venture Catalysts, V&R Africa, Grenfell holdings, and SOSV, participated in the round, as did family offices and angel investors from Kenya, Nigeria, South Africa and India.
Buoyed by the new funding, Badili plans to explore new growth opportunities in West Africa, where it hopes to tap an increasing demand for affordable second-hand smartphones, even as it scales its operations in Kenya, Ugand

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