The Venture Codex Logo

The Venture Codex

Zando

1st Floor, 97 Durham Avenue, Salt River, NA - South Africa, 7925, South Africa

Overview

Zando.co.za is a fashion e-commerce retailer launched on 23 January 2012 by Manuel Koser and Peter Allerstorfer in Cape Town, South Africa. Its online store lists about 10,000 products across clothing, beauty and accessories from more than 400 brands. The site supports multiple payment methods including cash on delivery, electronic funds transfer, credit card, debit card and eBucks. Zando employs more than 200 people in Cape Town. Originally supported by Rocket Internet, the company has since received investment from J.P. Morgan Asset Management and most recently a €20m equity investment from Summit Partners, made through Summit's German holding company. Zando is a Cape Town, South Africa–based fashion e-commerce retailer offering hundreds of brands and thousands of styles from South African and international fashion houses. Launched in January 2012 with a staff of four, the company today employs more than 200 people and continues hiring. Rocket Internet provided initial support during its early stages. Its core product is an online marketplace and retail platform for apparel and accessories across domestic and international brands. The company plans to increase its portfolio of products and expand its e-commerce presence in South Africa with new investment. No revenue or other financial figures were disclosed in the article.

Total raised
$26M
Funding rounds
2
Latest round
Equity
Latest activity
Nov 2012

Industries

  • E-Commerce
  • Fashion
  • Wearables
Visit website

Recent funding

  1. Equity

    Nov 2012

    $26M

Team

No current team members are available.