About Mount Meru Group
Mount Meru Group is a company based in Arusha (Tanzania) founded in 1978.. The company has 47 employees as of February 29, 2024. Mount Meru Group offers products and services including Edible Oils and Fuels.
- Headquarter Arusha, Tanzania
- Employees 47 as on 29 Feb, 2024
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Sectors
Energy & Utilities
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Mount Meru Group
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Annual Revenue
$4.86 M (USD)3as on Mar 31, 2021
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Net Profit
$120.04 K (USD)-7as on Mar 31, 2021
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EBITDA
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Latest Funding Round
$5 M (USD), Debt – Conventional
Apr 09, 2019
- Investors
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Employee Count
47
as on Feb 29, 2024
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Products & Services of Mount Meru Group
Mount Meru Group offers a comprehensive portfolio of products and services, including Edible Oils and Fuels. 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.
Production and supply of edible oils are managed for sustainable farming and food security purposes.
Distribution of fuels and lubricants is handled to power industries and communities across African nations.
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Funding Insights of Mount Meru Group
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $5.0M
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First Round
First Round
(09 Apr 2019)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2019 | Amount | Debt – Conventional - Mount Meru Group | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Mount Meru Group
Mount Meru Group has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include AATIF. 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 |
|---|---|---|---|---|
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Investment fund focused on agricultural development in Africa.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Mount Meru Group
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Mount Meru Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Mount Meru Group Comparisons
Competitors of Mount Meru Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Mount Meru Group
When was Mount Meru Group founded?
Mount Meru Group was founded in 1978 and raised its 1st funding round 41 years after it was founded.
Where is Mount Meru Group located?
Mount Meru Group is headquartered in Arusha, Tanzania.
Who is the current CEO of Mount Meru Group?
Himanshu Shah is the current CEO of Mount Meru Group.
How many employees does Mount Meru Group have?
As of Feb 29, 2024, the latest employee count at Mount Meru Group is 47.
What is the annual revenue of Mount Meru Group?
Annual revenue of Mount Meru Group is $4.86M as on Mar 31, 2021.
What does Mount Meru Group do?
Provider of energy, agricultural, logistics, and construction services. It offers petroleum products, lubricants, and LPG; produces and supplies edible oils and grains; provides supply chain and logistics solutions; and delivers turnkey infrastructure projects. The companys business model integrates operations across these sectors, ensuring efficiency and control throughout the value chain. It focuses on sustainable practices and local solutions.
What products or services does Mount Meru Group offer?
Mount Meru Group offers Edible Oils and Fuels.
Who are Mount Meru Group's investors?
Mount Meru Group has 1 investor. Key investors include AATIF.