Samwer’s rules the internet world
US-based private equity firm Summit Partners gave a multi-million euro figure into multiple Rocket Internet companies.
Summit has already invested in the company builder’s Zalando clones, including €20million in South African Zando and South-East Asian Zalora, along with online furniture site Westwing. The new revelations suggest they have invested a three-figure million sum in Rocket Internet ventures in the past few months.
Summit Partners now reportedly holds stakes in a number of other “Zalandos” worldwide, including Dafiti (Brazil), The Iconic (Australia), Lamoda (Russia) and Jabong (India). The recent funding rounds also included South-East Asian Amazon replica Lazada and South American online department store Linio.
Summit Partners announced a $520 million credit fund for middle-market companies that are expected to have large growth – which could explain the latest investments in Rocket Internet companies.
Oliver Samwer told berlinstartup that he raised this year so far half a billion euros, by the end of this year, three quarters of a billion.
Hmm, keep goin Oliver.
Other major investors in Rocket Internet companies include JP Morgan and AB Kinnevik invested €40 million in Lazada.
stay tuned…
hi That’s a nice post.