About NicheStreem
NicheStreem is a company based in Cape Town (South Africa) founded in 2014.. NicheStreem operates in a competitive market with competitors including Mdundo, Simfy Africa, WAW MUZIK, AfroCharts and Masuul, among others.
- Headquarter Cape Town, South Africa
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Sectors
Media & Entertainment
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Funding Insights of NicheStreem
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Series A - NicheStreem | 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 NicheStreem
NicheStreem has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Media24. 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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African publishing, distribution, and digital media are handled by Media24.
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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 NicheStreem
| 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 - NicheStreem
| 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 |
Nichestreem Comparisons
Competitors of NicheStreem
NicheStreem 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 Mdundo, Simfy Africa, WAW MUZIK, AfroCharts and Masuul, 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 is streamed and downloaded on Mdundo's platform.
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| domain | founded_year | HQ Location |
African music and radio are streamed through Simfy Africa platform.
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| domain | founded_year | HQ Location |
Online platform for streaming music
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| domain | founded_year | HQ Location |
Discover, stream, and download African music, charts, and artists online.
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| domain | founded_year | HQ Location |
Platform for Somali music content including lyrics and top artists online.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 NicheStreem
When was NicheStreem founded?
NicheStreem was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is NicheStreem located?
NicheStreem is headquartered in Cape Town, South Africa. It is registered at Cape Town, Western Cape, South Africa.
What does NicheStreem do?
NicheStreem was founded in 2014 in Cape Town, South Africa, within the music streaming sector. On-demand platforms are operated, with a focus on emerging markets including Africa, where the Liedjie service is provided. As of April 2017, 40,000 music tracks and 1,000 curated playlists were available to 11,000 registered users. In March 2017, 10 equity was acquired by Media24.
Who are the top competitors of NicheStreem?
NicheStreem's top competitors include Mdundo, Simfy Africa and Deedo.
Who are NicheStreem's investors?
NicheStreem has 1 investor. Key investors include Media24.
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