×
App Icon
The Standard e-Paper
Fearless, Trusted News
★★★★ - on Play Store
Download App

Ride hailing Little plans to raise Sh5b for expansion

Kenyan ride-hailing company Little is expanding to Tanzania and Ghana by May and plans to raise about $50 million (Sh5 billion) more from investors, its chief executive officer said on Friday.

Little, which competes with global players Uber and Taxify in Kenya, is valued at about $70 million (Sh7 billion) to $75 million (Sh7.5 billion), Chief Executive Kamal Budhabhatti said, a minnow compared to rivals but it has aims to expand across Africa.

Premium Article

Get Full Access for Ksh299/Week.

Uncover the stories others won't tell. Subscribe now for exclusive access.
Continue Reading  →
What you get
  • Unlimited access to all premium content
  • Ad-free browsing experience
  • Mobile-optimised reading
  • Weekly newsletters & digests
Pay via
M - PESA
VISA
Airtel Money
Secure Payments Kenya's most trusted newsroom since 1902