Recharger

Durban, South Africa Founded: 2011 • Age: 15 yrs Acquired By Lesaka
Prepaid metering solutions are provided for energy consumption tracking.
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About Recharger

Recharger was established in 2011 in Durban, South Africa, within the energy metering sector. Prepaid meters are supplied and managed for corporate and residential users, with installation and oversight handled efficiently. Services encompass meter registration, real-time consumption monitoring, and top-up facilitation through online platforms, WhatsApp, and telephone channels. Operations focus on utility management across South Africa, supporting basic tracking and payment processes.

  • Headquarter Durban, South Africa
  • Sectors
    Energy & Utilities
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Recharger Prepaid Meters
Operational Areas
Energy & Utilities → Power Generation & Infrastructure
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Lesaka

    (Nov 19, 2024)

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Funding Insights of Recharger

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 Recharger

Recharger has secured backing from 1 investor. Prominent investors backing the company include Lesaka. 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.

All
Investor Description Founded Year Domain Location
Bill payments, POS solution and card acceptance solution for consumers and businesses
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 Recharger

Investments
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 - Recharger

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
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

Recharger Comparisons

Employees
+
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Competitors of Recharger

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 Recharger

Frequently Asked Questions about Recharger

When was Recharger founded?

Recharger was founded in 2011.

Where is Recharger located?

Recharger is headquartered in Durban, South Africa. It is registered at Durban, Kwazulu-natal, South Africa.

What does Recharger do?

Recharger was established in 2011 in Durban, South Africa, within the energy metering sector. Prepaid meters are supplied and managed for corporate and residential users, with installation and oversight handled efficiently. Services encompass meter registration, real-time consumption monitoring, and top-up facilitation through online platforms, WhatsApp, and telephone channels. Operations focus on utility management across South Africa, supporting basic tracking and payment processes.

Who are Recharger's investors?

Recharger has 1 investor. Key investors include Lesaka.

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