Saltside Technologies AB

Bangladesh Communications and IT Services

Saltside Technologies AB is a Swedish technology firm that specialises in online classifieds in emerging markets and has been operating in Bangladesh, Ghana and Sri Lanka since 2013. It launched its online classified business in Nigeria in 2015.

We are invested in Saltside Technologies AB through Frontier PE (Cayman) L.P., which is managed by Frontier GP. For further information on the fund, the fund manager, and the expected impact of the fund’s investment, click here.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
South Asia
Countries:
Bangladesh
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people.

:
Communications and IT Services
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund:
Frontier PE (Cayman) L.P.
Fund Manager:
Frontier GP
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
January 2015