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This particular edition of TC Battlefield was exclusively open to startups with Nigeria as their primary market. Meanwhile, Jamit, a platform described as a “social audio network,” focusing on assisting African podcasters in creating and disseminating their content while connecting them with a wider audience, was named the first runner-up and received ₦1.5 million in funding. Also, TruQ and Jamit clinched these positions after presenting their pitches alongside eight other startups during the Moonshot Conference hosted by TechCabal. The panel of judges included four distinguished individuals: Nela Ekpenyong, the Head of Portfolio at Ingressive; Hope Ditlhakanyane, Investment Principal at Founders Factory Africa; Uwem Uwemakpan, Head of Investments at Launch Africa VC Fund II; and Gloria Okorie, a Venture Partner at Republic. TruQ, a Nigerian logistics startup in operations for three years, has already been part of three accelerators, namely V8 Growth Labs, Techstars, and Google Black Founders Fund. According to Williams Fatayo, the co-founder and CEO of TruQ, their journey has been characterized by a deep understanding of the markets, especially since the inception of TruQ. They have strived to address various issues within the logistics sector by initially aiming to connect businesses with logistics solutions. To date, TruQ has powered over 300,000 deliveries across 25,000 trips.
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Furthermore, the startup’s initial investment came from V8 Growth Lab in its early days. Fatayo clarified that while it might not be labelled as a pre-seed investment, it was received shortly after their launch, merely a week or two after the company was introduced to the market. In contrast, Jamit, founded in 2018 by Stan Agbadugo and Ike Orizu, positions itself as the African podcaster’s platform, crafted with love from Africa for both African podcast creators and listeners. Their journey commenced in 2019 with the release of their first podcast, and they subsequently delved into podcast production and distribution. By 2020, Jamit had evolved into a comprehensive podcast platform.
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Jamit boasts an impressive track record, with over 185 podcasts created on their platform and more than 40,000 episodes available to the audience. They have also diversified their content offering, featuring podcasts that have achieved international acclaim and formed partnerships. The startup delves into audio dramas and is set to release audiobooks, focusing on sharing diverse stories through immersive audio experiences, as explained by Agbadugo. Featured Image Source: Benjamin Dada
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