How much did Kapu raise?

Kapu raised $8 Million in a Funding Round round on December 5, 2022.

Who invested in Kapu?

Base Capital, Firstminute Capital and Giant Ventures are named as investors in this round.

Social Commerce Startup Kapu, By Ex-Jumia Executive, Comes Out Of Stealth With $8M Funding

PRIVATEDec 05, 2022

Amount Raised

$8 Million

Round Type

Funding Round

IndiaE CommerceGroceryRetail

Investors

Base CapitalFirstminute CapitalGiant Ventures

Description

Kapu, a social commerce startup, coming out of stealth today having raised $8 million seed funding, is hoping to help lessen the burden of buying food for Kenyan consumers, many of whom are grappling with the sky-rocketing food prices.

Quick answer

Kapu raised $8 Million in a Funding Round round, dated December 5, 2022. Investors: Base Capital, Firstminute Capital and Giant Ventures. Kapu is based in India.

How much did Kapu raise?: Kapu raised $8 Million in a Funding Round round on December 5, 2022.
Who invested in Kapu?: Base Capital, Firstminute Capital and Giant Ventures are named as investors in this round.
What does Kapu do?: Consumers in Africa spend a staggering 46% of their income on their grocery basket.
Where is Kapu based and how big is it?: Kapu is based in India.

Source: Fundz verified event record.

Who else raised in E Commerce and Grocery around the same time

Companies in the same sectors as Kapu that raised within 45 days of this round, from Fundz verified event records.

Oda raised $151M (Funding Round) on December 6, 2022.
Syky raised an undisclosed amount (Series A) on January 17, 2023.
The Edit LDN raised an undisclosed amount (Seed) on January 17, 2023.
Wakefit raised $40M (Funding Round) on January 13, 2023.
Neptune Wellness Solutions raised an undisclosed amount (Debt Financing) on January 13, 2023.
Thirstie raised an undisclosed amount (Funding Round) on December 15, 2022.

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Company Information

Company

Kapu

Location

India

About

Consumers in Africa spend a staggering 46% of their income on their grocery basket. When such a large proportion of their income is spent on food, there is very little disposable income left to spend on education, savings or investments. This is a huge blocker to social mobility in Africa. Kapu is on a mission to reduce the cost of living and save consumers in Africa $1 billion over the next 10 years. To achieve this goal, Kapu is building the most relevant B2C e-commerce model for the majority of urban consumers in Africa. Kapu launched in 2022 and was founded by an experienced team and is backed by leading African families & top global investors.

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Kapu raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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