Ridelink, a Ugandan e-Logistics startup has raised US$150,000 in pre-see funding to scale its operations. The US$150,000 was raised in partnership from Ortus Africa Capital, Omidyar Network and African Leadership Academy’s Young Entrepreneurs Fund (Anzisha). This brings the total investment into Ridelink to US$250,000 with the start-up having attracted private investments in 2020 from seedstars. “We plan on using the capital raised to build globally competitive and robust technology and accelerate our marketing campaigns,” says the company Chief Executive Officer Daniel Mukisa. “The Young Entrepreneurs Fund is designed to incentivise co-investments into graduates of our programs like Daniel who have chosen to become…
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