Kenyan startup Badili, known for its “re-commerce” platform focusing on refurbished phones, has received an undisclosed amount of seed funding from E3 Capital to expand across East Africa.
Founded in 2021, Badili operates in Kenya, Tanzania, and Uganda, refurbishing and reintroducing used phones to the market through e-commerce platforms and local partners.
By utilising local refurbishment, the platform offers top-tier smartphone brands at a fraction of the cost of new models, maintaining quality.
Following a pre-seed round and participation in the SOSV MOX accelerator, Badili’s recent seed capital from E3 Capital aims to propel its expansion beyond East Africa, contributing to affordable access to consumer devices in Africa’s digital infrastructure.
E3 Capital, through its Low Carbon Economy Fund, recognizes the positive environmental impact of Badili’s business, reducing CO2eq emissions by 87% compared to new models.
Rishabh Lawania, Badili’s CEO, expresses excitement about the partnership, emphasising the impact on both the business and consumers seeking affordable and eco-friendly electronics.
Paras Patel, managing partner at E3 Capital, notes the alignment with their focus on digital innovation and environmental sustainability.
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