Kenya-Based Smartphone Re-Commerce Startup Badili Secures USD 2.1 Mn Pre-Seed

Kenya-based smartphone re-commerce startup, Badili, has secured USD 2.1 Mn in pre-seed funding from VCs and angel investors. The Venture Catalysts, V&R Africa, Grenfell holdings, SOSV, family offices, and angel investors from Kenya, Nigeria, South Africa, and India took part in the round.

Launched in March 2022 by serial entrepreneurs Rishabh Lawania and Keshu Dubey, Badili has expanded to over 37 cities & towns in Kenya with about USD 2 Mn in annual revenue. Badili buys pre-owned phones and sells refurbished smartphones that are tagged “as good as new, for half the price” and comes with a 12 months warranty. Badili plans to pursue new growth opportunities in West Africa, where it wants to capitalize on rising demand for low-cost used smartphones.