Safaricom

Safaricom is a mobile network operator that offers internet connectivity solutions, information management solutions, voice solutions, and communication solutions. It serves small businesses, medium businesses, and large corporates. The company’s services and offerings include international calls and roaming; data storage, recovery, and backup; online information storage and archiving; mobile banking services; wide area networks, managed Wi-Fi solutions, point-to-point connectivity, 4G connection, and Fiber to Buildings; IT consultancy; virtual collaboration, voice conferencing, and video conferencing; messaging services and voice services; music services; and more. Safaricom was founded in 1997 and is based in Nairobi, Kenya.

George Njuguna

Director and CIO

Wim Vanhelleputte

CEO

Past deals in Kenya

Circle Gas

Corporate Round in 2020
Circle Gas is revolutionising energy access for clean cooking in Africa. It provides a reliable and low-cost supply of LPG fuel for clean cooking to low-income households by using innovative smart metering and advanced distribution logistics. This fuel displaces the use of harmful and dirty charcoal and kerosene in the home. Circle Gas investors include both corporates and individuals and includes the leading Kenyan telecom Safaricom. Circle Gas is committed to building a commercially sustainable business that also contributes to achieving the UN’s Sustainable Development Goals.

iProcure

Venture Round in 2017
iProcure Ltd operates a supply chain platform focused on optimizing the agricultural input supply chain in rural Africa, particularly in Kenya. Founded in 2012 and based in Nairobi, the company provides a comprehensive solution that combines business intelligence, data-driven stock management, and an efficient procurement and distribution system. Its web and mobile technology enables agriculture retailers to manage ordering, inventory, and point-of-sale operations while analyzing client profiles and purchasing patterns. This platform enhances retailers' ability to predict demand and improve inventory management, ultimately streamlining distribution and enhancing customer service. Additionally, iProcure offers warehousing and storage facilities, ensuring that products reach the end consumer effectively.

Lynk Jobs

Seed Round in 2017
Lynk Jobs Limited operates a digital platform that connects informal workers with customers seeking various services, including cleaning, plumbing, electrical work, and carpentry. Founded in 2015 and headquartered in Nairobi, Kenya, Lynk facilitates the recruitment of professionals by allowing users to describe their project or service needs. The platform queries relevant professionals, provides quotes from verified workers, and manages logistics for the services rendered. Additionally, Lynk offers training courses aimed at personal and professional development, helping workers enhance their skills and improve their employability. By addressing the challenges faced by informal workers and the households and businesses that require their services, Lynk creates a more efficient marketplace for both parties.

Sendy

Venture Round in 2015
Sendy Ltd. is a logistics platform based in Nairobi, Kenya, founded in 2014. The company specializes in providing door-to-door delivery services for e-commerce, facilitating logistics optimization for manufacturers and distributors, and connecting businesses with various transporters. Sendy's platform simplifies the delivery process by allowing businesses to schedule, track, and pay for deliveries in one place, while also offering cashless payment options through mobile technology. With thousands of companies utilizing its services, Sendy aims to empower businesses and individuals by making trade more accessible and efficient.

YuMobile

Acquisition in 2014
Essar Telecom Kenya is Kenya’s fourth mobile cellular network under the brand “yuMobile”, launched in December, 2008. yuMobile achieved the fastest network rollout speed in the region, by achieving countrywide coverage in approximately 10 months from launch and currently, the network has a base of over 3 million subscribers and offers best in class rates. yuMobile offers several innovative product and service offerings all targeted at making the subscribers life easier and more convenient.
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