Kenya-Based Startup Kune Food Shuts Down Due To Insufficient Funding
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Descripción
Kune, a Kenyan food-tech startup that delivered ready-to-eat meals at affordable prices, is closing down, CEO Robin Reecht cited a stifled economy and inflated food prices as circumstances that contributed...
mostra másCEO Robin Reecht cited a stifled economy and inflated food prices as circumstances that contributed to Kune’s closure.
The announcement comes just 4 months after the startup began its commercial operations at established meal centres around Nairobi.
Kenyans were aggrieved by his comments and did not hesitate to voice their critiques. They argued that Reecht’s ability to secure funding so quickly was due more to his white privilege than his business plan, which some believed aimed to solve a nonexistent problem.
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Autor | Africa Business Radio |
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