Tigo
About Tigo
Tigo is a company founded in 1994 was acquired by Axian in April 2021.. Tigo offers products and services including Mobile Plans, Wakishua Internet, Mixx by Yas, Yas Fiber, and Device Financing.
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Honora Tanzania
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Products & Services of Tigo
Tigo offers a comprehensive portfolio of products and services, including Mobile Plans, Wakishua Internet, Mixx by Yas, Yas Fiber, and Device Financing. 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.
Provides data, voice, and SMS packages for consumers in Tanzania
Offers combo internet packages with voice and SMS options
Enables mobile payments, transfers, and wallet management services
Delivers high-speed internet in specific Tanzanian locations
Facilitates purchase of devices through daily subscription payments
Funding Insights of Tigo
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 Tigo
Tigo has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include AXIAN. 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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AXIAN Group is engaged in telecom, energy, and financial services across 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 Tigo
| 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 - Tigo
| 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 |
Tigo Comparisons
Competitors of Tigo
| 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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Latest news on Tigo
Frequently Asked Questions about Tigo
When was Tigo founded?
Tigo was founded in 1994.
What does Tigo do?
Founded in 1994, Tigo operates as an online platform in the consumer lending sector, primarily serving Tanzania based on its domain. Multiple loan products are offered, featuring varied terms, amounts, and repayment schedules. Applications are processed by users submitting personal details and documents digitally. Approved loans result in funds being disbursed directly to registered bank accounts, supporting straightforward access to financing.
What products or services does Tigo offer?
Tigo offers Mobile Plans, Wakishua Internet, Mixx by Yas, Yas Fiber, and Device Financing.
Who are Tigo's investors?
Tigo has 1 investor. Key investors include AXIAN.