×
The Standard e-Paper
Smart Minds Choose Us
The Standard Group Plc is a
multi-media organization with investments in media platforms spanning newspaper
print operations, television, radio broadcasting, digital and online services. The
Standard Group is recognized as a leading multi-media house in Kenya with a key
influence in matters of national and international interest.
Kenyan taxi-hailing firm, Little, which has a partnership with telecoms operator Safaricom , has sold just under 10 percent of its shares to an unnamed Indian investor for $3 million (Sh300m), it said on Monday.
Kamal Budhabhatti, the CEO of the firm which was founded in 2016 and offers 12,000 rides a day in peak times, told Reuters the investment was unplanned and that Little would still raise another $100 million (Sh10b) for pan-African expansion.
Subscribe to our newsletter and stay updated on the latest developments and special offers!
join