Grapevine

By Standard Media
Aug 25, 2024

Maser surpasses Sh645 billion valuation, emerges seventh unicorn of Africa

Prateek Suri, CEO and founder of Maser. [Courtesy]

Maser, the consumer electronics company founded by Prateek Suri, has officially joined the prestigious ranks of Africa’s unicorns.

With its valuation now exceeding $5 billion (Sh645 billion), Maser becomes the seventh company on the continent to achieve this status, marking a significant milestone in Africa's burgeoning tech ecosystem.

The other six unicorns are Flutterwave, Interswitch, Chipper Cash, MNT-Halan, OPay and Wave.

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Maser surpasses Sh645 billion valuation, emerges seventh unicorn of Africa

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