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ICT4D Week 2018

Thursday, March 21, 2019

Viable start-ups: Konga in top league rating - ITREALMS

The E-commerce giant Konga has emerged among an exclusive list of globally viable start-ups and corporate organizations after achieving top scores in a rating by Early Metrics, an independent rating agency for start-ups and innovative SMEs, reports ITREALMS.

The rating places Konga in a rarefied club of the top 14 per cent of the 2,100 startups rated globally as at March 2019, further justifying the elevated standing of the company as one of the most promising ventures in the Nigerian and African business space.

A European-based global rating agency, Early Metrics assesses the growth potential of innovative and early-stage ventures. Their ratings support decision makers such as investors and corporates to identify innovative start-ups worthy of their time and money. Their ratings also help the organizations themselves, as it allows them to critically examine their strengths and weaknesses, gain credibility and give their investors added confidence by being audited by a third party.

Konga, acquired by the Zinox Group about 12 months ago, has been undergoing strategic restructuring and expansion to position it as the first and largest Omni – channel e-Commerce group on the African continent.

Nenye Dom/Editor

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