Hey guys,
It’s time for the TGIF edition of the Big 5 Daily.
Relax and read.
Apple has partnered with Singapore to encourage its residents to install the government-owned LumiHealth app using the Apple Watch. The app encourages users to complete certain activities during exercises like swimming, walking, and yoga. It also reminds them of their check-ups and medical appointments.
https://techgistafrica.com/news/world-news/apple-partners-singapore-rewards-residents-using-its-smartwatch-to-exercise/
Valenture Institute, a South Africa-based edtech startup has raised $7 million from GSV Ventures. Last year, Rob Paddock and co-founder, Sam founded Valenture, two years after they sold GetSmarter to 2U for $103 million.
https://ventureburn.com/2020/09/sa-edtech-startup-receives-7-million-investment/
If you vibe on DSTV, you will know Trace. It has acquired Okuhle Media, a South Africa based audiovisual content producer. It also plans to launch “Trace Academia,” an online edutainment platform in November.
https://trace.tv/people/news-people/trace-acquires-okuhle-media-leading-african-audiovisual-production-company/
See Also: The Big 5 Daily: 17th September 2020
Next, on the Big 5, Careem co-founders have invested $134 million in Endeavor Catalyst III, to support startups that are part of Endeavor’s Network. They made big fortunes after selling Careem to Uber for $3.1 billion.
https://medium.com/@endeavor_global/announcing-the-closing-of-endeavor-catalyst-iii-dd17a0e1cd18
Finally, Interswitch wants to recover its Venture arm after years of dormancy. Mitchell Elegbe, the fintech unicorn was positive about breaking the news to Techcrunch.
https://techcrunch.com/2020/09/16/interswitch-to-revive-its-africa-venture-fund-ceo-confirms/
It’s time to say goodbye. Have a restful weekend.