Masokotz
JF-Expert Member
- Nov 26, 2018
- 3,713
- 6,121
An Expression interest to invest in a Tech start up the amount of between TZS 4 Mils to TZS 400 Mil for a stake of between 10% to 99%.T
Nature of business:Tech startup
Sector-E commerce
Funding rounds and uses of funds:
Kindly note that only limited data will be provided
Nature of business:Tech startup
Sector-E commerce
Funding rounds and uses of funds:
- Round one funding for creating test product targeting about 500 customers with revenue potential of TZS 17 Milion for the Period of 4 Months and Investment of TZS 4 Mil.
- Round 2 funding for scaling up and formalising reaching about 5000 customers with revenue potential of between 25 Mil and 175 Mil for period of 6 months requiring 14 Mil.
- Round 3 and 4 funding will be determined upon completion and success of round one funding
Kindly note that only limited data will be provided