New Investments
South African BPO Provider Procera Secures $18.8 Million in Funding From Vantaga Capital for Global Expansion
Founded in 1990, Procera has grown from a debt recovery solutions provider into a diversified BPO services company, serving over 50 blue-chip clients across various industries like retail, finance, energy, and telecommunications.
“We are excited to partner with Procera’s experienced management team and committed long-term investors,” said Roshal Ramdenee, Associate Partner at Vantage Capital.
South Africa’s BPO sector is projected for strong growth, with an estimated 13% Compound Annual Growth Rate (CAGR) by 2029, exceeding the global average of 8.5%.
“Finding high-growth South African companies with the potential to compete in developed markets is a challenge, especially in the current economic climate,” said Warren van der Merwe, Managing Partner at Vantage Capital.
Related Articles
Register Now
Empower Africa Times Newsletter
Share :
“We are delighted to partner with ISA to support the development of solar energy in Africa,” said Alain Ebobissé, CEO of Africa50. “This partnership will help to accelerate the deployment of solar energy in Africa and improve the lives of millions of Africans,” he added.
You may also like...
SA’s Omnisient Raises $7.5 Million to Expand Privacy-Preserving Data Platform
South African startup Omnisient has secured $7.5 million in Series A funding to accelerate its growth and expand its privacy-preserving data collaboration platform across Africa and beyond.
Nigerian Fintech Waza Secures $8 Million to Expand B2B Payments Across Africa
Waza, a Nigerian fintech startup specializing in B2B payments and liquidity solutions for emerging markets, has raised $8 million in a combination of equity and debt financing.
Maisha Meds Receives $5 Million in Funding From USAID to Expand Access to Affordable Malaria Care in Africa
Maisha Meds, a leading digital health organization in Africa, has received US$5.25 million in scale-up stage 3 funding from the United States Agency for International Development (USAID) Development Innovation Ventures (DIV).