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Grovest, South Africa’s first 12J Venture Capital Company

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An overview of Grovest, the first venture capital company incorporated under Section12J of South Africa’s Income Tax Act. Headquartered in Johannesburg, the fund, which hopes to have raised R100 million by February 2016, is looking to make R5 million to R10 million investments in high impact tech startups, with a particular focus on companies working on mobility and ecommerce, Internet of Things and Smart Sensor Enablement Technologies, Fintech and Cloud and SaaS solutions.

Read more at Ventureburn…

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