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Asset management company, Futuregrowth, has invested an undisclosed amount of venture capital funds into South Africa's SweepSouth.
The on-demand economy has in some quarters been punted as a possible solution to South Africa's unemployment problem. We had a chat with Aisha Pandor, CEO and Co-founder of South Africa's SweepSouth, on her journey building an on-demand startup in South Africa.
Naspers, through its Naspers Foundry startup investments division, has invested R30 million in South Africa's SweepSouth, an online platform which connects clients to domestic cleaners. This marks the funds first ever investment in a South African startup since being announced in 2018.