About Mdundo
Mdundo is a company based in Nairobi (Kenya) founded in 2012.. Mdundo has raised $125 thousand across 1 funding round from investors including 88mph. Mdundo offers products and services including Music Streaming Service, Music Download Service, and Artist Tracking Tool. Mdundo operates in a competitive market with competitors including Simfy Africa, Masuul, Deedo, Bozza and WAW MUZIK, among others.
- Headquarter Nairobi, Kenya
-
Sectors
Media & Entertainment
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Mdundo.Com A/S
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Total Equity Funding
$125 K (USD)
in 1 rounds
-
Latest Funding Round
$125 K (USD), Angel Round
Aug 27, 2013
- Investors
-
Employee Count
Employee Count
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Mdundo
Mdundo offers a comprehensive portfolio of products and services, including Music Streaming Service, Music Download Service, and Artist Tracking Tool. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for streaming African music and playlists
Service for legal MP3 downloads of African tracks
Tool to monitor fan engagement and royalties
Unlock access to complete
Sales and Marketing
6 people
Head Team
2 people
Software Development Team
1 people
Leadership Team
1 people
Unlock access to complete
Funding Insights of Mdundo
Mdundo has successfully raised a total of $125K through 1 strategic funding round. The most recent funding activity was a Angel Round round of $125 thousand completed in August 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Angel Round — $125,000
-
First Round
First Round
(27 Aug 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2013 | Amount | Angel Round - Mdundo | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mdundo
Mdundo has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include 88mph. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Tech focused accelerator & VC firm investing in early stage companies in Africa
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Mdundo
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
Financial Statements - Mdundo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mdundo Comparisons
Competitors of Mdundo
Mdundo operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Simfy Africa, Masuul, Deedo, Bozza and WAW MUZIK, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
African music and radio are streamed through Simfy Africa platform.
|
|
| domain | founded_year | HQ Location |
Platform for Somali music content including lyrics and top artists online.
|
|
| domain | founded_year | HQ Location |
Pan-African music is streamed on demand via the Deedo application.
|
|
| domain | founded_year | HQ Location |
Operates an online platform for streaming and purchasing African music.
|
|
| domain | founded_year | HQ Location |
Online platform for streaming music
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Mdundo
Frequently Asked Questions about Mdundo
When was Mdundo founded?
Mdundo was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Mdundo located?
Mdundo is headquartered in Nairobi, Kenya.
Is Mdundo a funded company?
Mdundo is a funded company, having raised a total of $125K across 1 funding round to date. The company's 1st funding round was a Angel Round of $125K, raised on Aug 27, 2013.
What does Mdundo do?
Mdundo was founded in 2012 in Nairobi, Kenya, as a music streaming service focused on African content. Songs are streamed and downloaded by users based on genres and artists, with options for creating personalized playlists. The platform operates via an Android mobile app. Revenue is generated through advertisements, in-app purchases, and subscription models, serving users across the region.
Who are the top competitors of Mdundo?
Mdundo's top competitors include Simfy Africa, Deedo and NicheStreem.
What products or services does Mdundo offer?
Mdundo offers Music Streaming Service, Music Download Service, and Artist Tracking Tool.
Who are Mdundo's investors?
Mdundo has 1 investor. Key investors include 88mph.