Kenyan startup Badili, a reverse commerce, or “re-commerce”, platform for refurbished phones, has secured an undisclosed amount of seed funding from E3 Capital to help it expand into more markets across East Africa. It has now followed that up with seed capital from E3 Capital, which invests in early-stage businesses enabling digitised, decentralised, and decarbonised business models across Africa. “We are proud to welcome E3 Capital, a seasoned African VC, as the lead investor in our latest seed round. Paras Patel, managing partner at E3 Capital, said supporting Badili aligned with E3’s ethos of fostering digital innovation while advocating for environmental sustainability. “It’s noteworthy that refurbished phones reduce associated CO2eq emissions by 87 per cent compared to new models, underscoring the positive climate impact of Badili’s business.
