News

Takealot gets $100-million from Tiger Global but no expansion plans… yet

Takealot Things are looking good for one of South Africa's biggest ecommerce players -- Takealot. According to a TechCrunch report, the site has just secured a staggering US$100-million from Tiger Global Management. The site was founded in the 2002 as Take2, but was later relaunched as Takealot in 2010 by Tiger Global Management and CEO Kim Reid. Takealot offers an extensive range of locally supplied and imported books, DVDs, music, games, electronics and toys with delivery to your doorstep. This investment is a ...

Startups

Listen to the early adopters: 3 tried and tested Lean Startup principles to follow

Lean-Startup-Eric-Reis The day I picked up Eric Reis' The Lean Startup I couldn’t put it down. If you’re a startup or just looking to move into the startup world and you haven’t read it, do yourself a favour and grab a copy of The Lean Startup today. I've gained a fair mount of knowledge over the years from starting, building, failing and succeeding in a number of businesses. However, if I had read this book when I started my first venture over ...

Africa, News

Africa grabs prestigious awards at Ericsson’s 2014 app competition

WorkMode-App Two computer science students from Stellenbosch University, South Africa, have won €25 000 (about R355 000) for the WorkMode app they developed for the Student category for Ericsson’s applications 2014 competition. Rijnard van Tonder and Jacques Marais, both MSc students in Computer Science at SU, competed against 158 entries from 142 teams in the Student category. They developed an app that helps workers collaborate by allowing them to see the real-time work context and tasks of colleagues. The idea behind WorkMode ...

Startup news

Yachtsie makes booking yachts easier than a flight, car or hotel

yachtsie Booking a car, flight or hotel has become pretty darn easy in the 21st century thanks to smartphones, Google and specific online services. However, for fans of sailing, booking a yacht has always been a time consuming, and difficult endeavour -- at least that's how Steve Raw, an Oxford-educated engineer and RYA Yachtmaster, felt about the process. That's why he founded Yachtsie, a web-based yacht booking service that hopes to make securing a yacht for hire as easy as booking that car, ...

Africa, Startup news

Lean Startup Machine launches Cape Town event: ‘Fail fast. Succeed faster’

Lean-Startup-Machine-Cape-Town-logo Lean Startup Machine (LSM) is a tried and tested, world-renowned methodology that's based on the principle for startups to "fail fast and succeed faster." Brought to us by ROI Media, from 30 May to 1 June, LSM Cape Town will host a three-day event consisting of fifty-second pitches, essential workshops and training, judges and ultimately winners. Participants' ideas will be refined and put to the test under the guidance of well-acclaimed mentors such as Snapscan co-founder Kobus Ehlers, Andrew Smith from ...

Africa, Startups

Washr collects your dirty clothes, brings you clean ones

Washr If you’re not keen to slouch through the rain with a few kilograms of dirty socks, shirts, shorts and underwear once a week, maybe you’ll enjoy what Washr has to offer. Washr was started by a group of guys with a lot of experience in the world of startups and doing business. Both CTO Flavio Bezzeccheri and CMO Alvaro Burgos worked at the massive German incubator Rocket Internet, while David Shleifman has a background in marketing and now works as ...

Africa, News

Kenya’s health management software ZiDi bags ICT innovation award

ZiDi Kenya's ICT Authority has named health management software ZiDi as a 2014 Innovation Award Winner in the Health Care Delivery sector. ZiDi is a monitor service that automates a range of things like stocktaking, personnel administration, financial management and service delivery in health centers. The application is developed by MicroClinic Technologies with support from Microsoft's 4Afrika initiative. The software has been implemented and is being trailed in six health centers across Kenya which together sees over 3 000 patients daily. ...

Entrepreneurship

Notes from inside: lessons from Rob Stokes on building Quirk [Net Prophet]

Rob Stokes_02 Hot on the heels of the sale of his company Quirk to global mega-corp WPP, Rob Stokes took the stage at technology and trends conference Net Prophet to divulge some lessons he's learnt as an entrepreneur. A few weeks ago, WPP announced it was in talks with Quirk to purchase a majority stake in the company. Quirk's unaudited consolidated revenues for the year ended 28 February 2014 were approximately R140-million, with gross assets at the same date of approximately R68-million. ...

Entrepreneurship

Business rescue: a chance for your venture to reinvent itself

medic There are many signs of why businesses are in distress; cash flow problems, bad relationships with creditors and declining profits. Business owners cannot put their heads in the sand when faced with the prospect of liquidation and the threat of going under, with early intervention and the appropriate advice the business can be turned around. South African companies are slowly leaning on business rescue practitioners or turnaround specialist for assistance. According to Stats South Africa, there has been a decline ...

Africa, News

Jovago extends hotel booking services to Zanzibar, Djibouti and Malawi

Jovago Online hotel booking service Jovago is continuing its expansion across Africa as it heads to Zanzibar, Djibouti and Malawi. Founded by Africa Internet Holding (AIH), Jovago wants to become the leading online to offer easy and transparent hotel booking. The company kicked off the launch at the luxury Sheraton Djibouti. Sagal Mohamed, commercial director of the Sheraton Djibouti hotel commented, "We are very happy to be working with Jovago; it is a superb initiative that will open the doors of Djibouti ...

MORE HEADLINES

startups

entrepreneurship

startup-news

ecommerce