Naspers to invest R30m in online cleaning platform SweepSouth | Fin24
  • New CEO

    After months of speculation and delays, Andre de Ruyter has been named Eskom's new head.

  • Flag Carrier

    The escalating strike at SAA is set to test President Cyril Ramaphosa’s will.

  • The Namibian Link

    Evidence is mounting that VBS Mutual Bank aided another elaborate bank heist.


Naspers to invest R30m in online cleaning platform SweepSouth

Jun 20 2019 16:13

A Naspers [JSE:NPN] start-up fund has announced its first investment of R30m in online cleaning services platform SweepSouth.

The investment was announced by Naspers Foundry, a R1.4bn start-up fund aimed at boosting the South African technology sector, on Thursday.

SweepSouth, founded in 2014, connects clients with domestic cleaners.

"We see ourselves as an emerging market-focused platform that aims to serve the many professionals who don't have the time to source the services we provide, whilst also creating meaningful employment opportunities,” said SweepSouth co-founder Aisha Pandor in a statement.

Bob van Dijk, Naspers Chief Executive said the group knows what it takes to scale tech businesses and the team is "looking forward to working together with SweepSouth to help them do that."

“Naspers Foundry is off to a good start and we aim to announce more backing for South African start ups in the coming months."

Fin24 is part of, a division of Media24, which is a subsidiary of Naspers.

naspers foundry  |  naspers  |  sweepsouth


Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

What do you think about private healthcare in SA?

Previous results · Suggest a vote