Shekel Mobility, a B2B auto dealers marketplace, has secured over US $7 million in funding, with US$3.2 million in equity and over US$4 million in debt. The YC-backed startup focuses on offering affordable financing and business solutions tailored for car dealers in Africa, aiming to help small dealers with daily transactions and keep costs down.
South African insurtech startup Pineapple has raised ZAR400 million (US$21.3 million) in Series B funding to boost its growth. The round was led by new investors Futuregrowth, Talent10, and MIC. Existing investors, including Old Mutual ESD, Lireas Holdings, ASISA ESD Fund, and E4E Africa, also participated. Pineapple’s innovative approach and robust growth, coupled with sustainable claims ratios surpassing industry standards, attracted investor support.
Salesforce has partnered with the Information and Communication Technology (ICT) Academy and the All India Council for Technical Education (AICTE) to launch the Educator’s Empowerment Program (EEP) focused on Salesforce Technologies. The primary objective of this collaboration is to equip educators with the necessary knowledge and skills.
With CDP vendors increasing their workforces by 3.4% in six months, compared with an average of 0.2% each six months over the prior two years, the sector seems to be growing again, according to our own semi-annual industry update. There is much talk of composable CDPs but they still employ no more than 5% of the sector workforce. What is a clear trend is the acquisition of independent CDPs by vendors interested in adding a CDP to a larger system (usually an activation system).