About Safaricom
Safaricom is a company based in Nairobi (Kenya) founded in 1997 was acquired by Vodacom in December 2025.. Safaricom operates in a competitive market with competitors including Jio, MTN, Airtel, Proximus Group and Optus, among others.
- Headquarter Nairobi, Kenya
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Sectors
Telecommunications
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Phone
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Website
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Social
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Software Development Team
157 people
Leadership Team
60 people
Sales and Marketing
31 people
Senior Team
25 people
Finance and Accounting
22 people
Data Analysis and Operations Team
20 people
Product Management Team
19 people
Operations Team
15 people
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Funding Insights of Safaricom
| 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 Safaricom
Safaricom has secured backing from 1 investor. Prominent investors backing the company include Vodacom. 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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Mobile telecommunication services are provided by Vodacom in South 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 Safaricom
| 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 - Safaricom
| 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 |
Safaricom Comparisons
Competitors of Safaricom
Safaricom 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 Jio, MTN, Airtel, Proximus Group and Optus, 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 |
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| domain | founded_year | HQ Location |
Provider of telecommunication services
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| domain | founded_year | HQ Location |
MTN Group is recognized as a leading telecommunications provider in Africa.
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| domain | founded_year | HQ Location |
Airtel is recognized as a provider of telecommunications and internet services.
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| domain | founded_year | HQ Location |
Telephony, internet, television, and network-based ICT services are provided.
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| domain | founded_year | HQ Location |
Mobile internet services are provided for homes and offices.
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| domain | founded_year | HQ Location |
Mobile internet, TV, and telecommunication services are provided.
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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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Latest news on Safaricom
Frequently Asked Questions about Safaricom
When was Safaricom founded?
Safaricom was founded in 1997.
Where is Safaricom located?
Safaricom is headquartered in Nairobi, Kenya.
Who is the current CEO of Safaricom?
Peter Ndegwa is the current CEO of Safaricom.
What does Safaricom do?
Safaricom was founded in 1997 and operates as a telecommunications provider based in Nairobi, Kenya. A large-scale network is maintained across the country to deliver voice and data communications, along with mobile money transfers and internet solutions. Services are extended to individual customers and enterprises, supporting connectivity and business needs in the region.
Who are the top competitors of Safaricom?
Safaricom's top competitors include MTN, Proximus Group and AT&T.
Who are Safaricom's investors?
Safaricom has 1 investor. Key investors include Vodacom.
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