Because of the unpredictable nature of the fashion industry, fashion brands often have to ‘guestimate’ demand for their products, and if they get that demand wrong, they have to deal with the wasted inventory. All too often clothes end up being incinerated unnecessarily, adding to their environmental impact. UK startup Purple Dot has an ecommerce […]
E-commerce marketplace The List checks off new funding, new app
The new app is an extension of The List’s e-commerce marketplace, merging content, social networking and live commerce.
Anakin’s pricing tool gives e-commerce companies jump on competitors
The company launched its tool in March that help e-commerce stores and brands increase their revenue using pricing, products and trends data from other companies.
TradeDepot raises $110M from IFC, Novastar to extend BNPL service to merchants across Africa
Startups digitizing B2B e-commerce and retail in Africa continue to grab the headlines after the pandemic paved the way for widespread offline retail and commerce disruption. TradeDepot, a Nigeria- and U.S.-based company that connects consumer goods brands to thousands of retailers and help out with distribution, has raised $110 million in new equity and debt […]
ShipBlu bags $2.4M for its e-commerce and fulfilment service in Egypt
African e-commerce fulfilment startups backed by Y Combinator seem to be piquing investors’ interest this year for their niche e-commerce play. Summer batch graduate ShipBlu is the latest on that list and confirmed to TechCrunch that it has raised $2.4 million in seed funding. The company, founded by Ali Nasser, Ahmed ElKawass, Abdelrahman Hosny in […]
B2B marketplace ZAX targets Latin America’s wholesale sector with $6M in fresh capital
ZAX’s platform unites freight, delivery and payments tools to connect sellers and buyers in Brazil.
To The Market takes on funding to create ethical, sustainable work environments for women
The company’s proprietary platform vets ethical and sustainable businesses along the supply chain and uses technology to connect brands with that network of suppliers.
Index leads $12.2M seed in Sourceful, a data play to make supply chains greener
Supply chains can be a complex logistical challenge. But they pose an even greater environmental challenge. And it’s that latter problem — global supply-chain sustainability — where UK startup Sourceful is fully focused, although it argues its approach can boost efficiency as well as shrink environmental impact. So it’s a win-win, per the pitch. Early […]
MarginEdge, a restaurant management software company, raises $18M
MarginEdge’s tool is a restaurant management app that works with a business’ point of sale to streamline inventory, cost-tracking, ordering and recipes to eliminate the paperwork.
6 tips for establishing your startup’s global supply chain
A global supply chain is, well, global. Each region, supplier and subcontractor in your chain needs to work in harmony with each other, because a single snag can ruin the whole process.