Ensure to expand your business internationally with Kenyan Technology Startups Kenya has made great achievements toward developing creative entrepreneurs and has become one of the world's fastest-growing hubs for tech startups. The startup economy has gained momentum as a result of the implementation of initiatives like GST and Make in India.
The number and size of Kenyan Technology Startups, which currently dominate the top line, are anticipated to rise in the upcoming year. According to estimates, there are 4,500 new businesses in the nation, which has led to the creation of more than 85,000 jobs. The number of startups in India is expected to increase to over 11,500 by 2022
with an investment of over $5 billion and three to four startups every day, generating 250–300k responses through these entrepreneurs. The number of investors has multiplied over the past several years as well.
Limitations of Kenyan Technology Startups Even while the numbers are encouraging, just 9% of startups have female founders or cofounders. The emphasis has been on ITenabled goods and services, such as online payments, aggregators, analytics, and health technology. Software-enabled businesses like Flipkart and Ola are the primary drivers of India's economic expansion. Organizations that produce hardware are rarely successful in every way. Lack of resources can be cited as the cause of this. There is obviously no lack of funding in Kenya's startup ecosystem for technology. Only a tiny portion of this funding does, however, get to these startups. In addition, compared to US firms, Indian entrepreneurs spend five times as much time raising money. Source: https://fundamentalculture.com/kenyan-technologystartups-make-sure-to-take-your-business-globally/