Safaricom PLC is Kenya's largest telecommunications and mobile money provider, publicly listed on the Nairobi Securities Exchange. Beyond its core telecom/M-Pesa business, Safaricom is an active corporate venture investor in Kenya's tech startup ecosystem: it launched the Safaricom Spark Venture Fund in 2014 (East Africa's first corporate venture fund), which invested in mobile-tech startups including Sendy, Lynk, Ajua, Eneza, iProcure, and Farmdrive. In 2023 Safaricom launched two additional investment subsidiaries targeting seed- and growth-stage startups, alongside the ongoing Spark Accelerator program.

1+ investments · 1 portfolio companies

Seed
Growth
Agtech
Fintech
Portfolio Company
1
Total Investment
1
Last Investment
Aug 2016
Geographic Focus
Kenya, Sub-Saharan Africa

Indexed holds 1 portfolio company and 1 funding round for this investor. The full record is or through the API.

Investment Thesis

Corporate venture investing to grow Kenya's mobile-tech and fintech startup ecosystem, leveraging Safaricom's network, M-Pesa platform, and market position.

Safaricom is a Venture Capital firm. It has made 1 investment, including Ajua. Focus areas include Agtech and Fintech.

Portfolio1

Co-investors6

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6 co-investors across 6 shared portfolio companies — who they back alongside, and how often they lead.

Venture Capital ×6 · 1 shared rounds

Investment History

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