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Nairobi-based Wasoko runs a distribution platform that lets retailers across Africa order essential goods through a mobile app.
Founded in 2013 and headquartered in Nairobi, Kenya, Wasoko supplies goods to retailers in Kenya, Uganda, Rwanda and Tanzania. Shop owners order through the app and can receive goods the same day, and a credit facility helps retailers with cash flow. The Series B round raised USD 113.00 mn, valuing the company at USD 625.00 mn, and Wasoko agreed to merge with MaxAB in December 2023. Co-founders are Daniel Yu and Josh Raine.
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