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More Funding For WhereIsMyTransport, Adds More $14.5m

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TechInAfrica – The leading mobility technology company WhereIsMyTransport has received more injection of $14.5 million for its expansion during a series A extension round by the Naspers Foundry led- investment.

Previously it has received R42 million from Nasper.

Devin de Vries, CEO, and co-founder of WhereIsMyTransport commented on the funding, “WhereIsMyTransport started in South Africa, focused on becoming a central source of accurate and reliable public transport data for high-growth markets. We’re thrilled to welcome Naspers as an investor as our journey continues in megacities across the Majority World,”

“Mobility remains an obstacle for billions of people in high-growth markets across the world,” Phuthi Mahanyele-Dabengwa, South Africa CEO of Naspers said.

“Our investment in WhereIsMyTransport is a testimony of our belief that great innovation and tech talent is found in South Africa, and with the right backing and support these businesses can provide solutions to local challenges that can improve the lives of ordinary people in South Africa and abroad,” they conclude.

Source: Itnewsafrica.com

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