#Africa Kenya’s Cloud9 raises $73k on Lions’ Den


Kenyan experiences e-commerce startup Cloud9 has raised KES7.5 million (US$73,000) on the live pitching TV show Lions’ Den, which it will use to accelerate its growth and complete development of its mobile application.

Launched in 2013 by Emmanuel Miriti and Tesh Mbaabu, Cloud9 is an online retailer of experiences and merchandise, selling a range of outdoor activities and branded apparel.

The startup’s mantra is “High On Life”, as it looks to assist positive, adventure-seeking free spirits in looking for merchandise and experiences.

The startup recently took part in the Lions’ Den television show, the Kenyan version of the popular US pitching show Shark Tank, and walked away with US$73,000 in funding from investor Darshan Chandaria, who previously invested in data collection startup Bamba Group.

“Cloud9xp has already managed to cover the majority of Kenya’s leisure options, and is now looking to expand to East and Southern Africa within the next year. Darshan and his team at Chandaria Capital are currently discovering ways for us to optimise our current business model,” said Mbaabu.

The post Kenya’s Cloud9 raises $73k on Lions’ Den appeared first on Disrupt Africa.

from Disrupt Africa http://ift.tt/2fJO7wB

Ce contenu a été publié dans #Africa par Startup365. Mettez-le en favori avec son permalien.

A propos Startup365

Chaque jour nous vous présenterons une nouvelle Startup française ! Notre pays regorge de talents et d'entrepreneurs brillants ! Alors partons à la découverte des meilleures startup françaises ! Certaines d'entre elles sont dans une étape essentielle dans la vie d'une startup : la recherche de financement, notamment par le financement participatif (ou crowdfunding en anglais). Alors participez à cette grande aventure en leur faisant une petite donation ! Les startups françaises ont besoin de vous !