Deal Street

African Startup Funding Tracker

$1,129,592,550+

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Rwandan E-Commerce Platform Kasha Raises USD 21 M Series B Round
Rwandan E-Commerce Platform Kasha Raises USD 21 M Series B Round

Kasha, a Rwandan female-focused e-commerce platform, has raised a USD 21 M Series B round led by Knife Capital with participation from Finnfund, DFC, Tim Koogle (ex-Yahoo CEO), Beyond Capital Ventures, Altree Capital, Bamboo Capital’s BLOC Smart Africa Fund and Five35 Ventures.  In addition to its operations in Kenya and Rwanda, Kasha, which has recently registered in South Africa, will use the investment to push its platform in the country and also West Africa later this year.

The startup provides a digital retail and last-mile distribution platform for pharmaceuticals and fast-moving consumer goods (FMCGs) with a specific product focus on women’s healthcare needs and household items. Its customers include individual consumers, small resellers, hospitals, pharmacies, and clinics. They can order products ranging from sanitary pads and contraceptives to diapers and cleaning supplies via its website or USSD.