Wednesday, July 2, 2025
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home Funding

Ramani, a retail-tech startup in Tanzania, receives $32 million in Series A funding. 

Tech Gist Africa by Tech Gist Africa
11/28/2022
in Funding, News - East Africa, Startups
0 0
0
Ramani Tanzania

Ramani Tanzania

0
SHARES
Share on FacebookShare on Twitter

Ramani, based in Tanzania, has just announced the completion of its US$32 million Series A funding round.

Ramani is creating a cloud network of micro-distribution centers to support the supply chain for consumer-packaged goods in Africa. 

Flexcap Ventures and Jared Schreiber led the funding round. 

Iain Usiri, Calvin Usiri, and Kibet Martin founded Ramani in 2019, with the goal of resolving fragmented consumer goods supply chains that are typically hampered by a lack of data visibility and restricted access to financial services. 

To expand its customer base, the company last year obtained a lending license from Tanzania’s Central Bank. 

“Our ultimate goal is to facilitate the success of businesses in Africa, and this new capital is a further pillar in that construction. We have worked with internationally famous investors, many of which are successful founders themselves, by utilizing our connections in Silicon Valley. Usiri stated, “We are dedicated to returning their faith in us and in Africa. 

It has been enjoyable to observe Ramani’s success and traction thus far, and Flexcap Ventures co-founder and general partner Andrew Vigneault is certain the firm will continue to grow at a market-leading rate, supported by a strong leadership team with great technical know-how. 

With this additional fund, Ramani will expand its network of MDCs and introduce a new microcredit program for a selection of MDCs.

 

Read more on Tech Gist Africa:

NALA, a Tanzanian fintech startup, has raised $10 million in capital to expand

Grinta, an Egyptian startup has secured a $8 million in a seed round of funding

Leta, a B2B logistics and supply chain SaaS company based in Kenya, has raised $3 million in pre-SEED funding

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Kera Senegal
Funding

KERA, a Senegalese E-Health Startup Secures $10 Million Funding

by Tech Gist Africa
06/15/2025
0

Senegalese e-health startup KERA Health Platforms has raised US$10 million in funding from the International Finance Corporation (IFC), a member...

Read more
Nile South Africa

Nile, a South African Agri-Tech Startup Secures $11.3 Million in a funding round

06/15/2025
Salpha Energy Nigeria

Salpha Energy, a Nigerian Clean Energy Startup Secures $1.3 Million Investment

06/15/2025
COREangels

COREangels MEA Launches $10 Million Fund to Support Early-Stage Startups in the Middle East and Africa

06/15/2025
Neuralink Elon Musk

Neuralink Secures $650 Million in Series E Funding to Advance Brain Implant Technology

06/15/2025
Next Post
Africa Business Heroes

Africa's Business Heroes (ABH) competition has selected winners from Tanzania, Kenya, and Egypt

LoftyInc Capital

LoftyInc Capital raises $14.3 million for its third fund

Djamo Ivory coast tech news africa

Djamo, an African fintech business, has raised $14 million in a funding round

No Result
View All Result

The Big 5

Blockchain

The Role of Blockchain in Enhancing Africa’s Financial Systems and Security

by Tech Gist Africa
06/30/2025
0

...

Artificial Intelligence

How Artificial Intelligence is Transforming Industries Across Africa

by Tech Gist Africa
06/23/2025
0

...

Africa startups

Kenyan Startups Invited to Apply for €100,000 develoPPP Ventures Grant

by Tech Gist Africa
06/15/2025
0

...

Neuralink Elon Musk

Neuralink Secures $650 Million in Series E Funding to Advance Brain Implant Technology

by Tech Gist Africa
06/15/2025
0

...

Telegram Grok

Telegram Scores $300 Million xAI Deal to Integrate Grok Across One Billion Users

by Tech Gist Africa
06/15/2025
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.