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B2B marketplaces will be the next billion-dollar e-commerce startups

TechCrunch

Startups involved in B2B e-commerce such as Faire and Mirakl have burst out of the gates in 2020. The B2B e-commerce industry has broad reach, encompassing everything from commerce infrastructure and payments technology to procurement and supply-chain solutions. Even before the pandemic, B2B marketplaces were expected to generate $3.6

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Coho AI, which uses AI to help B2B SaaS companies boost revenue, raises $8.5M

TechCrunch

.” Coho AI’s target audience is sales, customer success and product teams within business-to-business (B2B) SaaS companies. “By doing so, we are creating a network effect that each of our customers gets the benefits of a larger data set, which results in a more accurate model,” he added.

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Kontempo lands fresh capital amid the boom for B2B BNPL

TechCrunch

Kontempo , a startup offering buy now, pay later (BNPL) and interest-free installment plans to business-to-business (B2B) customers, today announced that it raised a $30 million seed round in a mix of equity ($6.5 While most B2B purchases and procurements are spread out over time (e.g, million) and debt ($25 million).

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Rensource-spinoff Sabi closes $6M bridge round, expands B2B retail platform outside Nigeria

TechCrunch

This means that Sabi tries to complement the middlemen ( mainly distributors) in the B2B e-commerce retail chain rather than replace them, a model familiar with other prominent B2B e-commerce retail startups such as Sokowatch, MaxAB TradeDepot and Twiga. And more than 10,000 agents serve these merchants on Sabi’s network.

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Pakistan’s Zaraye, a B2B supplies platform, raises $2.1M from Tiger Global and Zayn

TechCrunch

For suppliers, this means they can see consolidated demand from Zaraye’s network of buyers. How to calculate your startup’s TAM, SAM and SOM.

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YC W22 batch nets 24 African startups, including 18 from Nigeria

TechCrunch

Founders : Before beU delivery, Hao Zheng, who leads the team as chief executive, was the founder and CEO of Yooul, a social networking app in China. What it says it does : Venmo for B2B in Africa. pre-seed to build financial OS for B2B companies in Nigeria. Location : Lagos, Nigeria. YC-backed Duplo raises $1.3M Team size : 8.

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Sequoia Capital Southeast Asia backs cross-border payments startup Tazapay

TechCrunch

He began as a product manager for the e-commerce vertical at Indian bank ICICI, before moving onto position at NETS, PayPal and Stripe. Shinghal said the service supports a wide range of customers, including B2B operations, e-commerce platforms selling directly to consumers and B2B2C.

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