Yellow Digital Retailers

Yellow Digital Retailers

Digital platform empowering rural African households with life-changing products through a network of sales agents. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
€51—76m (Dealroom.co estimates Jun 2023.)
Lilongwe Lilongwe (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD2020202120222023
Revenues2.8m8.1m12.3m21.6m
% growth-189 %52 %76 %
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DateInvestorsAmountRound
-

N/A

-

€2.0m

Debt
N/A

€2.0m

Debt

$1.0m

Grant
N/A

$730k

Early VC

$3.3m

Series A
N/A

$4.0m

Debt
*

$23.0m

Debt
*

$5.0m

Debt
*

N/A

Series B
*

$14.0m

Series B
Total Funding€17.3m

Recent News about Yellow Digital Retailers

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More about Yellow Digital Retailersinfo icon
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Yellow is a tech startup that leverages digital technology to improve the lives of rural African households. The company operates a digital platform called Ofeefee, which enables a distributed network of sales agents to deliver essential products and services to underserved communities. Yellow primarily serves rural households that lack access to basic utilities like electricity. By offering solar systems and other life-changing products on a pay-as-you-go basis, Yellow makes these essential services affordable and accessible. The business model revolves around partnering with top-tier manufacturers to ensure quality and reliability, while sales agents facilitate the distribution and payment collection. Yellow generates revenue through the sale of these products and the installment payments made by customers. The company is focused on driving growth through digital technology and innovative business models that prioritize people.

Keywords: digital platform, rural households, sales agents, solar systems, pay-as-you-go, underserved communities, essential services, quality products, revenue generation, Africa.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.