Rentoza, South African Rentals Marketplace Secures $1.3m Funding From Mineworkers Investment Company
Rentoza, a South African subscription-based online electronics and appliance retailer, has raised ZAR20 million (US$1.3 million) in capital from Khulisani Ventures, the Mineworkers Investment Company’s early-stage investment firm (MIC). Last July, Johannesburg-based MIC announced the creation of MIC Khulisani Ventures, a ZAR150 million (US$10 million) early-stage investment entity aimed at black-owned, high-growth enterprises in South…