This line-up of stories will help you discover the latest happenings around the tech world, today.
Raya Customer Experience (RCX) has launched its corporate accelerator programme in Cairo.
The company, which is a subsidiary of Raya Holding, aims to invest in and work with early-stage startups that offer tech-enabled solutions to address challenges facing the customer care field across all sectors.
The Raya FutureTECH programme will run in partnership with venture builder and accelerator Openner.
According to the startup, the programme will see 10 startups receive funding of up to EGP1 million (US$64,000) as well as access to mentorship and network connections.
The accelerator’s mission relies on Raya CX’s strategic vision to drive innovation and digital transformation of its services and solutions to keep up with the evolving customer expectations in digital-oriented industries via implementing CX best practices.
Tech Trivia: Which of these is the odd one out of these companies
B. GIG Logistics
D. Yusen Logistics
Answer: See end of post
Jeel, a popular Egypt and Saudi Arabia-based edutainment platform has announced closing a US$1.2 million in seed funding to accelerate its growth.
The fund is expected to help the startup launch more features and expand its team.
Jeel was founded in 2019 by Ahmed Sobaih to provide children with educational content including songs, games and videos under parental supervision.
The Jeel App serves children aged between three and nine years old by creating educational and psychological content that highlights values and ethics.
According to the startup, the new US$1.2 million seed funding round was led by Kuwaiti and Jordanian angel investors.
Speaking on the startup’s expansion strategy, the founder noted that the company looks forward to its next milestone.
He said: “Jeel Platform is stepping forward steadily with clear vision and strategy and this step pushes it towards our next milestone. We plan to launch more products and services soon, as a part of our expansion strategy.”
BlackBuck, an Indian logistics startup, has attained the status of a Unicorn with new $1 billion valuation.
The new milestone followed the company’s $67 million raiser.
The raiser, which was led by Tribe Capital, IFC Emerging Asia Fund and VEF, marks off the company’s Series E financing round.
The six-year-old startup is now valued at $1.02 billion (up from about $850 million in 2019 Series D round).
In India, BlackBuck is the 16th startup to become a unicorn this year.
BlackBuck connects businesses with truck owners and freight operators, developing a simplified app for truck drivers in India, who are typically not very literate, to help them accept work and easily navigate to their destination using Google Maps.
Tech Trivia Answer: GIG Logistics (GIGL)
GIG Logistics company is the only Nigeria-based company in the pack. Others are logistics companies based in Canada.
GIG Logistics (GIGL) is a courier and logistics services company headquartered in Lagos, Nigeria.
The company was incorporated in 2012, as a subsidiary of the GIG Group, an intelligence and technology management company based in Nigeria. The company has service centres in Nigeria, Ghana and the United States of America
Join the conversation
Support Ripples Nigeria, hold up solutions journalism
Balanced, fearless journalism driven by data comes at huge financial costs.
As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.
If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.
Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.
FEATURES: Rise in Monkeypox infection troubling Nigeria’s rural population
In this features, KELECHUKWU IRUOMA goes into the rural communities of Bayelsa State, south-south Nigeria to uncover the plight of...
SPECIAL REPORT: Kwara communities groan as erosion washes away roads, property
For a number of years communities in Ilorin South LGA of Kwara State have had to live with the menace...
SPECIAL REPORT: Lack of legal provisions, cultural sentiments fueling marital r*pe in Nigeria
By Arinze Chijioke In the early days of Sandra Izuckukwu’s marriage in 2019, her husband, Sunday Izuchukwu, did everything she...
INVESTIGATION… LIVES ON THE LINE (IV): Surviving in a dangerous media environment
This investigation is on the unresolved killing of three Nigerian journalists while on assignments between 2019 and 2020. For six...
INVESTIGATION… LIVES ON THE LINE (III): Precious Owolabi was killed covering a protest
This investigation is on the unresolved killing of three Nigerian journalists while on assignments between 2019-2020. For six months, Nigerian...