Tag: Rocket Internet

Frontier Digital Ventures raises US$22.9 million to invest into emerging & frontier markets

Frontier Digital Ventures, which invests in online classifieds businesses in frontier markets with a particular focus on property and automotive verticals and general classifieds has raised US$22.9 million from an an oversubscribed IPO on the Australian Stock Exchange (ASX). Founded in May 2014 and headquartered in Kuala Lumpur, Frontier Digital Ventures, owned by Malaysia-based ...

Villagers can now hail Little

After Uber was launched, many people in rural Kenya were left in a dilemma since the smart society is concentrated in urban areas. A few months later, Safaricom powered hailing app; Little, was unveiled and Nirobians thought it will have a slow pickup. Anyway, it’s still trying to get people’s ...

Tanzania’s Kupatana.com Raises Undisclosed Funding From Frontier Digital Ventures to Expand Across East Africa

Tanzania's general classifieds site Kupatana.com has raised an undsiclosed funding from Malaysia's Frontier Digital Ventures (FDV) to consolidate its number one position in Tanzania, and bolster its operations in Uganda, Rwanda and Burundi. Kupatana is Swahili for meeting and the firm connects buyers and sellers just like Naspers-Backed OLX and ...

Jovago Begins Operations in Ethiopia

Online hotel search and booking engine Jovago has began operations in Addis Ababa, Ethiopia to bring services close to the people, the firm announced. Jovago.com says the new proximity to both its customers and partner-hotels is a key driver in both business development and effective customer service. Estelle Verdier, the ...

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