Kora Management

Kora Management is a privately owned hedge fund manager based in Brooklyn, New York, with additional offices in Sao Paulo, Brazil; Mumbai, India; Shanghai, China; and Moscow, Russia. Established in December 2013, Kora specializes in investing in public equity and fixed income markets, focusing on emerging markets. The firm employs a long/short equity investment strategy and provides services primarily to pooled investment vehicles, including mutual funds. Kora Management is dedicated to investing in exceptional teams that are building enduring businesses, particularly in the emerging internet and niche financial sectors. The firm utilizes fundamental analysis to guide its investment decisions and is registered as an investment adviser.

Daniel Jacobs

Co-Founder, Partner and Senior Analyst

12 past transactions

Paymob

Series B in 2022
Paymob Solutions S.A.E. is a digital payments enabler based in Cairo, Egypt, founded in 2015. The company operates a payment acceptance platform that allows users to convert cash payments into electronic transactions, thereby enhancing access to financial services for underserved populations in the Middle East and Africa. Paymob's offerings include integrated fraud detection, interactive dashboards, and compliance with PCI security standards, which help businesses of all sizes leverage digital payment solutions. By providing value-added integrated payment services, Paymob aims to bridge the financial inclusion gap and empower customers with various electronic payment and money transfer options, reducing risks associated with fraud and inefficiencies in cash handling.

Aleo

Series B in 2022
Aleo is building the world's leading developer platform for enabling absolute privacy on blockchains. With their vocal advocacy for privacy tech in the blockchain ecosystem, they are playing a major part in mainstream awareness and industry adoption of privacy-preserving technologies. they are proud to offer a platform of services that exemplify privacy.

DealShare

Series E in 2022
DealShare is a social commerce startup that caters to the middle and lower-income populations in mid-tier cities. It operates an online buying platform designed to facilitate the purchase of a wide range of consumer products. The platform features a diverse product catalog, including fruits, vegetables, grocery items, fashion accessories, and home decor. Users can buy and share deals with friends, allowing them to access products at prices lower than wholesale. By simplifying the buying process, DealShare enables customers to make purchases with just a few clicks, enhancing convenience and affordability in their shopping experience.

Dream Games

Series C in 2022
Dream Games is a mobile gaming company based in Istanbul. Their objective is to combine technology and creativity to develop high-quality mobile games that will be played for years.

Momo

Series E in 2021
Momo is a FinTech startup that provides a mobile electronic wallet and payment application for iOS and Android users in Vietnam. The platform enables customers to conduct nationwide cash transfers and pay for over 100 types of bills, including mobile phone recharges, personal loans, and various services such as software licenses, online game cards, and tickets for airlines and movies. Momo partners with 24 domestic banks and international payment networks, facilitating secure and efficient financial transactions for its users. The application is designed to enhance payment services, allowing for easy money transfers and commodity purchases, all within a user-friendly interface.

Forte

Series B in 2021
Forte is building economic technology for games. Its platform enables the emergence of community economics, a system where the interests of game developers and players are aligned, leading to healthier, sustainable game communities. The team is composed of longtime industry members (Unity, ngmoco, Riot Games, Electronic Arts, Sony, and Rockstar Games, among others), and is currently working with over 20 acclaimed game developers from across the industry to reimagine the economics of games. www.forte.io

ClearTax

Series C in 2021
ClearTax is Built on top of India’s Massive Digitization of its Tax Systems. We are a Bangalore based Financial-Technology platform providing solutions for Income Tax filing, GST and Mutual Fund Investments. Founded by 3 friends, Archit Gupta, Srivatsan Chari, and Ankit Solanki, ClearTax became the first Y-Combinator funded company of India in 2014. As ClearTax took this journey, we have added mentors and Investors like Max Levchin, founder of Paypal, Vijay Shekhar Sharma of Paytm, Neeraj Arora of Whatsapp, Peter Thiel’s Founders Fund, Sequoia, Ryan Peterson of Flexport. SAIF Partners had invested $12Mn in ClearTax. Composite Capital has invested $50Mn in ClearTax.

Dream Games

Series B in 2021
Dream Games is a mobile gaming company based in Istanbul. Their objective is to combine technology and creativity to develop high-quality mobile games that will be played for years.

Zomato

Venture Round in 2021
Zomato Private Limited is a food aggregator based in New Delhi, India, connecting users to restaurants in India and internationally. Founded in 2008, the company offers a platform for discovering restaurants, ordering food for delivery, and making table reservations. Users can search for restaurants, read and write reviews, and share recommendations within their personal network of food enthusiasts. Zomato also operates Zomato Base, a cloud-based point-of-sale system for restaurants that includes features such as inventory management and real-time analytics. As of now, Zomato serves over 55 million users across 24 countries and generates revenue primarily from food ordering and delivery services, as well as through advertising for restaurant partners. The company has attracted significant investment from various firms, reinforcing its growth and expansion in the food service sector.

Momo

Series D in 2021
Momo is a FinTech startup that provides a mobile electronic wallet and payment application for iOS and Android users in Vietnam. The platform enables customers to conduct nationwide cash transfers and pay for over 100 types of bills, including mobile phone recharges, personal loans, and various services such as software licenses, online game cards, and tickets for airlines and movies. Momo partners with 24 domestic banks and international payment networks, facilitating secure and efficient financial transactions for its users. The application is designed to enhance payment services, allowing for easy money transfers and commodity purchases, all within a user-friendly interface.

Zomato

Series J in 2020
Zomato Private Limited is a food aggregator based in New Delhi, India, connecting users to restaurants in India and internationally. Founded in 2008, the company offers a platform for discovering restaurants, ordering food for delivery, and making table reservations. Users can search for restaurants, read and write reviews, and share recommendations within their personal network of food enthusiasts. Zomato also operates Zomato Base, a cloud-based point-of-sale system for restaurants that includes features such as inventory management and real-time analytics. As of now, Zomato serves over 55 million users across 24 countries and generates revenue primarily from food ordering and delivery services, as well as through advertising for restaurant partners. The company has attracted significant investment from various firms, reinforcing its growth and expansion in the food service sector.

Zomato

Series J in 2020
Zomato Private Limited is a food aggregator based in New Delhi, India, connecting users to restaurants in India and internationally. Founded in 2008, the company offers a platform for discovering restaurants, ordering food for delivery, and making table reservations. Users can search for restaurants, read and write reviews, and share recommendations within their personal network of food enthusiasts. Zomato also operates Zomato Base, a cloud-based point-of-sale system for restaurants that includes features such as inventory management and real-time analytics. As of now, Zomato serves over 55 million users across 24 countries and generates revenue primarily from food ordering and delivery services, as well as through advertising for restaurant partners. The company has attracted significant investment from various firms, reinforcing its growth and expansion in the food service sector.
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