Kitopi Valuation, Funding & Investors

Rohlik operates automated dark stores to deliver groceries including fresh produce, dairy, and household items within 90 minutes across Central Europe. Prague-headquartered in the Karlín district, the company runs platforms as Rohlík.cz in the Czech Republic, Košík.cz in Slovakia, Rohlik.hu in Hungary, Rohlik.at in Austria, and Rohlik.pl in Poland. Launched in 2014, it maintains fulfillment centers in cities such as Prague, Bratislava, Budapest, Vienna, and Warsaw, partnering with regional suppliers for daily restocking.

ezCater is a Boston-headquartered online marketplace connecting users with local caterers for food orders. Founded in 2007, the platform facilitates group meals and events through ezcater.com, partnering with thousands of vendors nationwide.

Choco is a Berlin-headquartered B2B platform connecting 50,000 European restaurants with 10,000 suppliers for ingredient orders. Founded in 2018, its app mimics consumer interfaces with chat and ordering lists, processing €4 billion in orders annually. Available in Germany, France, and the UK, Choco raised $150 million in funding and partners with Metro AG and Sysco for digital procurement.

Talabat Holding PLC is engaged in the on-demand online food ordering, delivery, takeaway and groceries and convenience retail marketplace in the MENA region, with operations in the UAE, Kuwait, Qatar, Bahrain, Egypt, Oman, Jordan, and Iraq.

Maplebear (Instacart) is a grocery-focused delivery marketplace that connects national and regional grocers with consumers and couriers, and consumers with their favorite stores. Its app provides on-demand convenience for consumers, allows couriers to earn income, and helps grocers to scale their business through digital channels. The marketplace gathers valuable consumer behavior data, attracting consumer-packaged-goods advertisers that seek to reach consumers at the point of purchase. With approximately 600,000 shoppers and 1,800 retail partners, Instacart delivers to about 98% of households in the United States and Canada.

Ninja is an Abu Dhabi-based quick commerce operator delivering groceries and daily essentials within 10 minutes. Launched in UAE, it operates dark stores in major cities and expands through hyperlocal fulfillment networks.

OPay is a Lagos-headquartered mobile money platform operating in Nigeria and Egypt. The app facilitates peer-to-peer transfers, bill payments, ride-hailing, and grocery delivery backed by Opera Software. OPay issues virtual debit cards and offers microloans through its wallet, integrated with POS terminals nationwide. The service powers merchant QR payments and airtime top-ups for underserved populations.

GoTo is an Indonesian ecosystem that combines ride-hailing, delivery, and financial services under one app. The company operates primarily in Indonesia and is the product of a merger between Gojek and Tokopedia in May 2021, but recently divested the e-commerce business into a combined entity with TikTok Indonesia in 2024. Looking ahead, we expect the on-demand service to account for the majority of revenue while its financial services begin to ramp. Prior to the deconsolidation, 82% of nonfinancial services gross transactional value came from e-commerce, and the firm will begin to expand into financial services such as providing loans and buy now, pay later programs. The company competes with Grab in the ride-hailing and delivery business.

Swiggy Ltd is a consumer-first technology company offering users an easy to use convenience platform, accessible through a unified app to browse, select, order and pay for food (Food Delivery), grocery and household items (Instamart), and have their orders delivered to their doorstep through on-demand delivery partner network. Its platform can be used to make restaurant reservations (Dineout) and for events bookings (SteppinOut). It has five business segments: Food Delivery, Out of home consumption, Quick commerce. Supply chain and distribution and Platform Innovations. Key revenue is generated from Food delivery business that offer on demand Food Delivery services through a network of restaurant partners and delivery partners, which is available through mobile application and or website.

Match Group Inc is a provider of online dating products. The company's portfolio of brands includes Tinder, Hinge, Match, Meetic, OkCupid, Pairs, Plenty Of Fish, Azar, BLK, and more, each built to increase its user's likelihood of connecting with others. The company has four operating segments: Tinder, Hinge, Evergreen and Emerging, and Match Group Asia. The company generates the majority of its revenue from the Tinder segment.

Flipdish is a Dublin-headquartered platform delivering online ordering, point-of-sale systems, and marketing tools tailored for independent restaurants across Ireland, the UK, and Europe. Launched in 2015, the company equips eateries with direct customer engagement features, kitchen management software, and delivery integrations to boost revenue and operational efficiency. Flipdish supports thousands of venues with its end-to-end ecosystem amid digital transformation in the food sector.

Founded in 2000, Ocado provides automation and logistics solutions to grocers. Ocado operates in two segments: logistics and solutions. Logistics provides fulfillment and delivery services in the United Kingdom. Solutions is based on the Ocado Smart Platform, a modular, automated online retail fulfillment and delivery solution that provides software, fulfillment hardware, and support services to corporate customers in return for upfront and recurring fees. Partners include leading grocers around the world, like Sobeys, Morrisons, ICA, Groupe Casino, Bon Preu, Kroger, and Coles. Ocado also has a 50% stake in Ocado Retail, a pure-play e-grocery business. The other 50% is owned by Marks & Spencer.

Dingdong (Cayman) Ltd is the fastest growing on-demand e-commerce company in China. The company directly provides users and households with fresh produce, meat and seafood, and other daily necessities through a convenient shopping experience supported by an extensive self-operated frontline fulfillment grid. It recognizes revenues from product sales of fresh groceries and other daily necessities through Dingdong Fresh APP and mini-programs and membership services.

IReader Technology Co Ltd operates as a mobile software development company. It develops, and markets mobile phone reading application known as iReader e-book reader, a software for mobile reading APP. The app is developed for both android and iPhone platform. Geographically the activities are carried out through China.

E-Finance For Digital And Financial Investments SAE is developing integrated platforms in Egypt's digital revolution. It is a fintech platform and developer of digital payments infrastructures. The company invests in platforms and solutions that serve everyone from government agencies to ordinary consumers. The business has seven operating segments; Services and operation of cards, Integrated solutions, installation, and technical support services, card center services, hosting services, maintenance and network contracts, and others. It derives a majority of its revenue from the Services and operation of the cards segment.

Andela is a global talent network, founded in 2014 in Lagos, Nigeria, that connects companies with vetted remote software engineers, initially sourced from Africa and now spanning more than 80 countries. Clients including GitHub, Cloudflare, and ViacomCBS use the platform to build remote engineering teams, with engineers placed for an average of 18 months per engagement. The company operates fully remotely and has grown from an African developer-training program into a global remote-engineering marketplace.

Chunyu Yisheng is a Beijing-based mobile platform connecting physicians and patients for consultations and medical record access. Launched in 2011, the app supports appointment scheduling, online communication, and remote treatment reservations, serving users throughout China.

impact.com is a Santa Barbara-headquartered partnership automation platform founded in 2008 for managing affiliates, influencers, B2B, and commerce partnerships. It powers revenue growth for Walmart, Uber, Shopify, Lenovo, L'Oreal, Fanatics, Levi's, and 1-800-Flowers by tracking consumer journeys, optimizing commissions, and providing marketplace discovery tools.