Mdundo is a music streaming service similar to Spotify but with a sole focus on the African market south of Sahara (Sub-Saharan Africa). Mdundo is under Danish management with operational headquarters in Kenya.
Mdundo’s streaming product consists of a music service accessible online via the website www.mdundo.com and via an Android app. Mdundo has more than 10 mill. active users on both the website and on the app.
The music streaming service is available for users all over the world, but Mdundo is both active and has its business focus in 15 countries in Sub-Saharan Africa including Kenya, where Mdundo started in 2013.
Kapital Partner performs or has within the last 12 months performed corporate finance, market relations, investor relations, Certified Adviser or other advisory activities for the following listed companies: NORD.investments, Biosergen, InterMail, Pila Pharma, Hypefactors, Curasight, Evaxion, Re-Match, Audientes, Mdundo.com, Nexcom.