Saltside prepares for a fight in Bangladesh with new funding

26 Jan 2015

Saltside Technology raised $40 million U.S. from Hillhouse Capital, Brummer & Partners and Kinnevik for funding growth. This time around Kinnevik only contributed $5 million.

The fresh money will fill Saltside Technology’s war chest. It will come in handy to fight the recently-formed joint venture between Naspers and SnT Classified in Bangladesh, where Saltside has a strong position with Bi

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Lars Herlin

Lars Herlin is an AIM Group senior analyst for Europe, and our expert on Schibsted. He had a long career in journalism at Expressen, Svenska Dagbladet and VeckansAffärer, and served as managing editor and later managing director of Gotlands Allehanda.