Thursday, September 21, 2023
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact
No Result
View All Result
Techgist Africa | Africa Leading Tech News, Reviews and Tips
No Result
View All Result
Home News

Kenyan Cab App “Little” Sells Stake Of Around 10 Percent For $3million

Tech Gist Africa by Tech Gist Africa
06/06/2018
in News
0 0
0
Kenyan Cab App “Little” Sells Stake Of Around 10 Percent For $3million
0
SHARES
Share on FacebookShare on Twitter

Kenyan cab hailing mobile phone app service, Little, has sold just under 10 percent of its shares to an unnamed Indian investor for $3 million.

Kamal Budhabhatti, the CEO of the firm which was founded in 2016 and offers 12,000 rides a day in peak times, told Reuters the investment was unplanned and that Little would still raise another $100 million for pan-African expansion.

He said Little had started operations in Uganda and Rwanda would follow later in June, followed by Zambia, Ghana and Tanzania.
Little competes with Uber and Taxify. Little’ s parent company, Nairobi-based software developer Craft Silicon, has invested $6 million in the app.

Budhabhatti had told Reuters in September last year that the company, which has about 5,000 active drivers and 345,000 active users, would look towards Silicon Valley in the United States to raise its target of $100 million.

ShareTweet
Plugin Install : Subscribe Push Notification need OneSignal plugin to be installed.
Tech Gist Africa

Tech Gist Africa

Tech Gist Africa is a new media and technology news platform that focuses on the untold stories of innovative ideas closely connected to technology news from Africa.

Related Posts

Apple iPhone15
Gadgets

Apple launched the iPhone 15 and iPhone 15 Plus

by Tech Gist Africa
09/19/2023
1

Apple launched the iPhone 15 and iPhone 15 Plus, which include a new curved edge on the aluminum enclosure and...

Read more
Lupiya Zambia

Lupiya, a neobank in Zambia, has raised $8.25 million in a Series A round of funding

09/19/2023
Emata Uganda

Emata, a Ugandan agritech startup, has raised $2.4 million in funding

09/19/2023
Mecho Autotech Nigeria

Mecho Autotech, based in Nigeria, has raised $2.4 million in pre-Series A funding

09/19/2023
Sehatech Egypt

Sehatech, an Egyptian health insurance startup, has raised $850k

09/19/2023
Next Post
The Big 5 Daily: Evergreen Innovations By Africans, Piggybank Gets $1.1m Seed, Google And Uber Eats in Kenya

The Big 5 Daily: Google and Facebook face court charges, Zambia About to Drop Bombshell as Regarding WhatsApp Usage and Nokia 8110 4G

First Bank Partners With WorldRemit For Digital Money Transfers

First Bank Partners With WorldRemit For Digital Money Transfers

Washington Drags Facebook and Google To Court Over Failure To Disclose Political Ad Spending

Washington Drags Facebook and Google To Court Over Failure To Disclose Political Ad Spending

No Result
View All Result

The Big 5

africa business heroes 2023

Africa’s Business Heroes has announced the top 10 finalists for the year 2023

by Tech Gist Africa
09/19/2023
0

...

MEST Africa

The MEST Africa Challenge 2023 is now accepting applications

by Tech Gist Africa
09/04/2023
0

...

IFC She Wins Africa

IFC’s “She Wins Africa” program is currently accepting applications from African women Entrepreneurs

by Tech Gist Africa
09/07/2023
1

...

Google for Startups Accelerator Africa

Google has opened applications for its AI-focused accelerator program in Africa

by Tech Gist Africa
09/04/2023
1

...

Diversity and inclusion

The Importance of Diversity and Inclusion in the African Tech Industry

by Tech Gist Africa
09/04/2023
0

...

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

TGA

  • About us
  • Terms and Conditions
  • Privacy Policy
  • Contact

AFRICA

  • Made In Africa
  • People
    • Tech Leaders
    • Innovator of the Week
  • Start-Up Spotlight

NEWS

  • Africa News
  • World News

THE BIG 5

  • Big 5 Daily
  • Weekly News Roundup

SPECIALS

  • Guest Articles
  • How Tos
  • Op-Eds
  • Reviews
  • Tech Leaders
  • Tips

VIDEOS

  • Interviews
  • Tech Videos

Copyright © 2020 Techgistafrica. All Rights Reserved

No Result
View All Result
  • News
    • World News
    • World Regional News
    • News – East Africa
    • News – West Africa
    • News – South Africa
    • News – Middle East And North Africa
  • The Big 5
  • Specials
  • Opportunities
  • Innovators
  • Events
  • Videos
  • Contact

Copyright © 2019 TECHGISTAFRICA. All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.