online marketplaces in underserved and upcoming markets
Our mission is to build leading online marketplaces in underserved markets, creating sustainable value for the community
Saltside Technologies develops and operates websites in emerging markets, with focus set on online classified sites. Currently Saltside operates the top classified sites in Sri Lanka (ikman.lk), Bangladesh(Bikroy.com) and Ghana(Tonaton.com) and Nigeria(Efritin.com)
At Saltside, we believe there is a great opportunity to build valuable online products and businesses for emerging markets. In these countries, the vast majority of people have yet to go online for the first time. Affordable cell phones and Internet access will enable them to have their first Internet experience in the coming years ? and we think they should be greeted by high quality services and a great end-user experience when they do.
Our mission is to build leading online marketplaces in underserved markets, creating sustainable value for the community
Saltside Technologies develops and operates websites in emerging markets, with focus set on online classified sites. Currently Saltside operates the top classified sites in Sri Lanka (ikman.lk), Bangladesh(Bikroy.com) and Ghana(Tonaton.com) and Nigeria(Efritin.com)
At Saltside, we believe there is a great opportunity to build valuable online products and businesses for emerging markets. In these countries, the vast majority of people have yet to go online for the first time. Affordable cell phones and Internet access will enable them to have their first Internet experience in the coming years ? and we think they should be greeted by high quality services and a great end-user experience when they do.
Employees: 501-1000
Total raised: $65M
Founded date: 2011
Investors 2
| Date | Name | Website |
| - | NFX | nfx.com |
| - | Kinnevik | kinnevik.c... |
Funding Rounds 1
| Date | Series | Amount | Investors |
| 23.01.2015 | - | $40M | - |
Mentions in press and media 4
| Date | Title | Description |
| 24.01.2015 | $40m Series C Investment Secured by Saltside Technologies | In a press release by Saltside Technologies, the company revealed that they have just secured an investment worth $40m courtesy of the trio: Hillhouse Capital, Brummer & Partners and AB Kinnevik. The new funds, according to the release,... |
| 23.01.2015 | Classified Startup Saltside Technologies Raises Another $40M Led By Hillhouse | Last year we covered how emerging markets like Africa were exploding with classified ad sites as the population comes online and begins the process of getting into marketplaces. Saltside Technologies is deep into this game, and last year ra... |
| 23.01.2015 | Saltside Technologies Raises $40M in Funding | Saltside Technologies, a Gothenburg, Sweden-based company that runs online classifieds platforms in Bangladesh, Sri Lanka and Ghana, raised $40m in funding. The round was led by Hillhouse Capital with participation from Brummer & Partne... |
| 19.06.2014 | With $25M Backing, Saltside Wants To Be The Craigslist For Emerging Markets | The long road to making markets work starts with marketplaces. It’s no surprise therefore that simple classified advertising sites have been hits in emerging markets like Africa. From Howzit, to N-Soko, to even Craigslist Kenya, classified ... |