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Fashinza, a B2B supply chain marketplace for fashion brands, raises $100M

TechCrunch

. “Even though brands were marking up their retail price at 75% to 80% margins, they were still making only around 8% to 10% profits and losing money due to high inventory wastage or going out of stock. They] struggled with … opacity due to multiple middlemen and their manufacturers being thousands of miles away.”

Fashion 192
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Which software consultants do startups love to work with?

TechCrunch

Outsourcing engineering has become more common in recent years, so we’re starting a new initiative to profile the software consultants who startups love to work with the most. ” The software development agency has worked on more than 350 digital products since its founding in 2009, for startups of all sizes.

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How the pandemic drove the IPO wave we see today

TechCrunch

Wish falls into the same bucket , though it did hit some supply-chain and delivery issues due to the pandemic, so you could argue it either way. Keep in mind, however, that while we have seen some recent stability in the underlying environment, headwinds due to COVID remains particularly to net new bookings. Next up: Growth metric.

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The State Of Saas: After A Positive Start To 2024, Founders Can Find Success In A Reset Market

Crunchbase News

At the same time, revenue growth was down and churn rates were at an all-time high, reflecting a period of “normalization” post-pandemic due to rising interest rates and enterprises cutting down on their software expenditures. There’s been a resurgence in B2C software growth in particular, with CAGR at 6.3%

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From bootstrapped to a $2.1B valuation, ReCharge raises $227M for subscription management platform

TechCrunch

ReCharge , a provider of subscription management software for e-commerce, announced today that it has raised $227 million in a Series B growth round at a $2.1 Specifically, ReCharge’s cloud-based software is designed to give e-commerce merchants a way to offer and manage subscriptions for physical products. billion valuation. .

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Nigeria’s Kippa gets $3.2M pre-seed for its small business finance management app

TechCrunch

Due to that, most of them still rely on scribbles using pen and paper or ledgers for bookkeeping and storing important information. For most of them, Kippa is the first B2B SaaS app that they’re using,” said the CEO, who started the company with Duke Ekezie and Jephthah Uche. Ekezie and his co-founders started Kippa in February 2021.

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Pitch Deck Teardown: Vori’s $10M Series A deck

TechCrunch

They typically don’t have the benefit of the specialized software and tech to help make everything run smoother, but that’s where Vori saw an opportunity. “We removed some in-the-weeds data about growth loop conversion metrics,” the team told me, “along with sales cycle/revenue traction.”