Welcome, Guest: Join Nairaland / LOGIN! / Trending / Recent / New
Stats: 2,776,800 members, 6,615,721 topics. Date: Saturday, 04 December 2021 at 03:01 AM

17 Most Valuable Startup Companies In Nigeria 2015 - Business - Nairaland

Nairaland Forum / Nairaland / General / Business / 17 Most Valuable Startup Companies In Nigeria 2015 (1195 Views)

Lagos Is Africa's Most Valuable Startup Ecosystem / Panama Papers: Wale Tinubu Operated 12 Shell Companies In Tax Havens / Panama Papers: Dangote And Sayyu Dantata Linked To Shell Companies In Tax Havens (2) (3) (4)

(1) (Reply) (Go Down)

17 Most Valuable Startup Companies In Nigeria 2015 by mrinfo(m): 11:10am On Feb 09, 2015
While there remain numerous small fishes, barely making revenue and unsure of being in operation month to month, a few startups are already showing the way and getting valued at encouraging prices.

So we took a long, deep look at the very best of Nigeria’s most valuable startups taking into consideration estimated valuations as at their last fundraise, rough estimate of revenue and market value and social media/web influence. This list is by no means ordered by biggest or smallest


Jumia is one of the two biggest, generalist ecommerce startups operating in Nigeria. Originally the brain-child of the famed Rocket Internet operation Jumia which now appears to be part of Africa Internet Group a leading global startup incubator with special focus on ecommerce.


Konga is the other big ecommerce company in the country. Founded by Sim Shagaya a tested entrepreneur in 2012 Konga has grown to become the major competitor with Jumia in the ecommerce space. Both have raised tens of millions of dollars to help their various push to capture the ecommerce market.

Iroko Partners (IrokoTV)

IrokoTV, founded by Jason Njoku and Bastian Gotter is the poster boy of Nigeria’s tech startup ecosystem. Iroko Partners the parent company owns IrokoTV, a platform for video on demand (VOD) content from Nigeria’s Nollywood industry and more recently even from Bollywood, Hollywood and other movie/film production environment. IrokoTV is currently valued at around $50 million after having raised millions of dollars from Tiger Global Investment and a few other investors.


Kuluya is a game development company funded by SPark, the local seed investment firm founded by Jason Njoku, Bastian Gotter and Jason’s wife Remmy. As at its last funding Kuluya was valued at $2 million. Kuluya gas developed over 100 game titles with titles like ‘Oga at the Top’ tapping into social and online memes at the time.


Jobberman, one of the top jobs websites in Nigeria was started by the trio; Opeyemi Awoyemi, Ayodeji Adewunmi and Olalekan Olude in 2009 during the famed ASUU strike. After getting funds from a local angel investor Jobberman got a $1 million series A investment led by Tiger Global Management. It has since become part of the One Africa Media group which also comprise of Cheki (car listing site) and Brighter Monday (a job site in Kenya). Jobberman is worth at least a few million dollars.


Dealdey is an online shopping and daily deals site that connects users to various ongoing deals from sellers. The Deal site was Sim Shagaya’s previous startup before he moved on to find Konga. Dealdey is understood to have raised substantial amounts of money but it is not clear how much and on what valuation.


Privateproperty is a property listing website that boasts of listing over 20,000 properties for sale and rent.


Paga is a payment solution provider that primarily enables people make payments and transfer money via their mobile phones. It also recently introduced its own merchant online payment processor to enable people make payments and receive money online.


Tolet is another of the major players in the online property rental and sale listing sector. It is backed by Spark.


Easytaxi is a cab/taxi booking app that is backed by Rocket Internet. It’s taxi hailing service is also available in about 27 other countries.


Ngcareers is one of Nigeria’s top jobs sites. It prides itself as a job and career platform and provides aside job opportunity information, insights and career information to enable users make better career choices. Ngcareers has attained its position in Nigeria’s job and recruitment industry via bootstrapping and self funding by the co-founders.


Drinks is Nigeria’s number one drink store helping people book and get drinks of all types delivered to their location of choice. Drinks.ng is one of the several startups backed by Spark.

full list - http://nairabrains.com/2015/02/nigerias-17-most-valuable-internet-companiesstartups-valuation-websocial-media-influence/
Re: 17 Most Valuable Startup Companies In Nigeria 2015 by LajaLaba: 2:32pm On Feb 09, 2015
Nice one!watch out for mine too grin
Re: 17 Most Valuable Startup Companies In Nigeria 2015 by mrinfo(m): 3:21pm On Feb 09, 2015
Good! Work on it and it could be on the next list
Re: 17 Most Valuable Startup Companies In Nigeria 2015 by zainab007(f): 4:50pm On Feb 10, 2015
Nice Jumia untop!

(1) (Reply)

25 Richest People Ever Lived / Customers Lament As Banks Begin Stamp Duty Implementation / 15 And 30 Tons Box BodyTrucks Needed To Haul Edibles

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2021 Oluwaseun Osewa. All rights reserved. See How To Advertise. 45
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.