SELECT INVESTMENTS THESIS

Leading resale luxury marketplace

unlocking regional luxury closets to serve global consumers

#1 horizontal classifieds

operating across 5 countries in sub-Saharan Africa

Knuru believes that TLC is well-positioned to capture value from a rapidly growing personal luxury goods market, specifically at the intersection of etailing and resale luxury, which themselves are propelled by wider trends in the industry namely: the accelerated adoption of a circular Luxury industry, a return to iconic product purchases and a growing number of value-conscious consumers.

Knuru believes that Sub-saharan Africa is the last untapped sizeable market in the classifieds industry. Jiji is the leading platform in Nigeria using its know-how to democratize access to online trade. Jiji unequivocally established its lead  following the acquisition of Olx in 5 sub-Saharan countries in early 2019.