Selpal

Johannesburg, South Africa Founded: 2014 • Age: 12 yrs Acquired By FNB
Grocery products are purchased via an online marketplace platform.
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About Selpal

Selpal is a company based in Johannesburg (South Africa) founded in 2014 was acquired by FNB in March 2021.. Selpal offers products and services including Casino Reviews, Slot Machine Guides, and Betting Apps Reviews. Selpal operates in a competitive market with competitors including Tridge, Consentio, Nile, HelloChoice and Ablife, among others.

  • Headquarter Johannesburg, South Africa
  • Sectors
    Retail
    Agriculture
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Agriculture → Agricultural Technology & Innovation
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
    FirstRand

    & 2 more

  • Employee Count
    Employee Count
  • Acquired by
    FNB

    (Mar 24, 2021)

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Products & Services of Selpal

Selpal offers a comprehensive portfolio of products and services, including Casino Reviews, Slot Machine Guides, and Betting Apps Reviews. 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.

Primary

In-depth reviews of online casinos for informed gambling choices

Guides for playing and understanding slot machines online

Reviews of mobile apps for real-money gambling experiences

People of Selpal
Headcount 10-50
Employee Profiles 14
Employee Profiles
People
Kgotso Moatlhodi
Cashless Representative
People
Nomthandazo Ntuli
Sales Executive
People
Bheki Mahlangu
Area Sales Manager
People
Awelani Mamaema
Sales Representative

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Funding Insights of Selpal

  • Total Funding
  • Total Rounds 2
  • Last Round
  • First Round
  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Nov, 2018 Amount Series A - Selpal Valuation FirstRand
Jun, 2015 Amount Seed - Selpal 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 Selpal

Selpal has secured backing from 3 investors, including institutional and venture fund investors. Prominent investors backing the company include FirstRand, FNB and Vumela. 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
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Vumela is focused on supporting SMEs with access to finance.
Founded Year Domain Location
Provider of financial management services
Founded Year Domain Location
Commercial banking services are provided by FNB in South 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 Selpal

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 - Selpal

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

Selpal Comparisons

Employees
+
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Competitors of Selpal

Selpal 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 Tridge, Consentio, Nile, HelloChoice and Ablife, 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
Farm products are traded via an online B2B marketplace.
domain founded_year HQ Location
App-based B2B marketplace for fruits and vegetables is operated.
domain founded_year HQ Location
Nile is recognized as a digital marketplace for agricultural trade.
domain founded_year HQ Location
Fruits and vegetables are traded via an online B2B marketplace.
domain founded_year HQ Location
Delivers comprehensive retail store aggregation solutions for businesses.
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 Selpal

Frequently Asked Questions about Selpal

When was Selpal founded?

Selpal was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is Selpal located?

Selpal is headquartered in Johannesburg, South Africa. It is registered at Johannesburg, Gauteng, South Africa.

Who is the current CEO of Selpal?

Stephen Goldberg is the current CEO of Selpal.

What does Selpal do?

Selpal was founded in 2014 in Johannesburg, South Africa, as an e-commerce platform focused on groceries. Manufacturers are connected with retailers, and retailers with consumers, through the marketplace. Dollas currency is earned by users and redeemed for purchases. Services include talk time recharges, internet data top-ups, electricity bill payments, and lotto ticket sales. The platform operates on Android devices.

Who are the top competitors of Selpal?

Selpal's top competitors include Tridge, Nile and Consentio.

What products or services does Selpal offer?

Selpal offers Casino Reviews, Slot Machine Guides, and Betting Apps Reviews.

Who are Selpal's investors?

Selpal has 3 investors. Key investors include FirstRand, FNB, and Vumela.

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