Funding roundMinority Stake
BuyRentKenya Minority Stake
BuyRentKenya raised a Minority Stake round from One Africa Media. It was announced on 11 May 2014.
- Announced
- 12 years ago
- Investors
- 1
Investors in BuyRentKenya's Minority Stake1
- One Africa MediaParticipatingProfile of One Africa Media →
Corporate
About this round
Liners batch 0123 verify_and_reconcile. Undisclosed amount (kept null, not zero). Round/instrument: minority shareholding sold to One Africa Media for undisclosed consideration; CEO Jamie Pujara described it as capital injection (Business Daily). Announcement date 2014-05-11 = earliest located press report (Business Daily); Standard dated 13 May 2014; TechMoran says the transaction was in March 2014 (month precision only, not recorded as date_closed). Investor is non-lead because lead status is not evidenced. Ringier/ROAM 100% acquisition in July 2017 is M&A and excluded from this funding row.
Sources for this round3
- businessdailyafrica.comBusiness Daily, 11 May 2014: South African firm buys stake in Kenyan property website (One Africa Media minority stake; amount not disclosed)
- standardmedia.co.keThe Standard, 13 May 2014: BuyRentKenya.com now part of One Africa Media (investment; amount not stated)
- techmoran.comTechMoran, 31 Jul 2017: Ringier acquires 100% of BuyRentKenya (states March 2014 undisclosed raise from One Africa Media for minority shareholding)
Frequently asked about BuyRentKenya's Minority Stake
- Who invested in BuyRentKenya's Minority Stake?
- 1 investor is named for this round: One Africa Media.
