Kalon Venture Partners wants to sell its stake in Ozow


Who's the Boss?
Staff member
May 24, 2010
Original Ozow investor wants to cash out

MyBroadband has learned that Kalon Venture Partners, one of Ozow's original investors, is seeking a buyer for its stake in the South African fintech business.

Kalon operates as a Section 12J venture capital company, which affords it certain tax benefits for holding on to investments for at least five years. It invested in Ozow twice: once in a 2017 seed round, and five years ago as Series A funding in 2019.
How did S12J investors do in the Kalon portfolio? Not a good sign if the offices are empty?