The Meridian

Kgodiso Development Fund’s investment in Khula’s operations in South Africa

Lead party: Kgodiso Development Fund (lead investor/buyer)Target: Khula App Pty (Ltd) (private company) · Sector: Consumer Staples, Consumer Discretionary, E-Commerce, Agricultural Products · Countries of operation: South Africa Transaction type: Investment · Asset class: Venture Capital · Strategy: Venture Equity · Instrument: Equity · Fund: Kgodiso Development Fund Lead investor/buyer: Kgodiso Development Fund · Investors/buyers:…

Lead party: Kgodiso Development Fund (lead investor/buyer)

Target: Khula App Pty (Ltd) (private company) · Sector: Consumer Staples, Consumer Discretionary, E-Commerce, Agricultural Products · Countries of operation: South Africa

Transaction type: Investment · Asset class: Venture Capital · Strategy: Venture Equity · Instrument: Equity · Fund: Kgodiso Development Fund

Lead investor/buyer: Kgodiso Development Fund · Investors/buyers: Kgodiso Development Fund

Legal advisers: not identified in the source record.

Source: announced 21 November 2023. Original announcement: techcentral.co.za.

The Meridian Editorial Team

Andrew U. — Editorial Director | Damilare A. — Intelligence Director | Amaka Nwoye — Senior Legal Research Analyst | Salome Mensah — Market Intelligence Analyst | May Ndlovu — Editorial Researcher | K.K. Lawal — Senior Correspondent | The Meridian’s editorial team brings experience across West African legal markets, commercial law, market intelligence and structured research. Our standard is simple: evidence first, independent judgement, and analysis grounded in how legal work happens in practice.

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