Badili
Badili is a technology company.
Financial History
Badili has raised $2.0M across 1 funding round.
Frequently Asked Questions
How much funding has Badili raised?
Badili has raised $2.0M in total across 1 funding round.
Badili is a technology company.
Badili has raised $2.0M across 1 funding round.
Badili has raised $2.0M in total across 1 funding round.
Badili has raised $2.0M in total across 1 funding round.
Badili's investors include GSF Accelerator, Pras Hanuma.
Badili is a Kenya-based technology company operating an online marketplace for buying and selling used and refurbished smartphones across East Africa.[1][2][3] It serves consumers seeking affordable, reliable pre-owned devices—often at less than half the original price—while solving the problem of risky grey markets dominated by stolen or unverified phones, providing rigorously tested devices with a 12-month warranty.[1][2][4][5] Badili sources phones via its platform, shops, and agents, uses a pricing algorithm based on factors like age and model, refurbishes them in centers in Kenya, Uganda, and Tanzania, and has raised over $2.1M in pre-seed funding (with total funding exceeding $3M), fueling expansion into West Africa amid a global refurbished phone market projected to reach $146B by 2030 at 11% CAGR.[1][3][4]
The company demonstrates strong growth momentum through partnerships with e-commerce giants like Jumia, Kilimall, Jamboshoppe, and Carrefour in Kenya; telecom leader Airtel Uganda; and payment providers Absa and LipaLater, plus recognition as one of Africa's top 100 innovative startups in 2023.[2]
Badili was co-founded in 2022 by Rishabh Lawania (CEO) and Keshu Dubey (CTO), both experienced tech entrepreneurs from Kenya.[1][2][3] The idea emerged when Lawania, also founder of Wee Media (parent of WeeTracker and Gadgets Africa), witnessed an ex-employee arrested for buying a stolen phone in Kenya's unregulated grey market, highlighting the lack of trustworthy pre-owned electronics options despite high demand.[1][2]
Early traction came swiftly: post a $2.1M pre-seed raise in late 2022, Badili launched in Kenya, quickly expanded to Uganda and Tanzania with refurbishing centers, secured OEM partnerships, and additional $400K funding, establishing itself as Africa's first organized re-commerce platform for smartphones.[1][2][6]
Badili rides the re-commerce wave in Africa, capitalizing on surging smartphone penetration in emerging economies amid a $146B global refurbished market by 2030.[1] Timing is ideal: rising internet access, youth demographics, and sustainability pressures favor trusted second-hand options over expensive new devices or risky grey markets.[1][2] Favorable forces include OEM partnerships and e-commerce growth in East Africa, positioning Badili to accelerate digital inclusion—e.g., via Airtel Uganda for broader internet reach—while influencing the ecosystem by organizing a fragmented industry, inspiring similar platforms, and cutting e-waste.[2][6]
Badili is poised to dominate African smartphone re-commerce, with West Africa expansion next to tap major markets, leveraging its funding, traction, and founder expertise.[1][2] Trends like AI-driven refurb tech, BNPL integrations, and green consumer shifts will propel growth, potentially evolving Badili into a pan-African leader influencing device affordability and sustainability. As Africa's re-commerce pioneer, it transforms risky grey markets into organized opportunity, delivering scalable impact from Nairobi's base.[1][6]
Badili has raised $2.0M across 1 funding round. Most recently, it raised $2.0M Seed in May 2022.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2022 | $2.0M Seed | GSF Accelerator, Pras Hanuma |