MARA

Mara, founded by Ashish J. Thakkar in 1996, has grown into a prominent international multi-sector business with operations across 22 African countries. Initially launched as an IT company in Uganda, Mara has diversified its portfolio by identifying and capitalizing on opportunities in under-served markets. The company has established itself in various sectors, including packaging, IT services, and business process outsourcing. Notable achievements include creating Uganda's leading corrugated cardboard packaging company, founding a Pan-African IT services firm, and launching a business process outsourcing operation that spans multiple African nations. Through strategic partnerships with international firms, Mara continues to expand its influence and develop innovative solutions tailored to the African market.

Frederick G. Thiel

CEO and Chairman of the Board of Directors

1 past transactions

Nimbuzz

Acquisition in 2017
Nimbuzz is a mobile communication and entertainment platform that offers users free and low-cost mobile phone calls, video calling, instant messaging, and social networking features. With over 150 million users across more than 200 countries, Nimbuzz is experiencing rapid growth, adding approximately 210,000 new registrations daily. The platform allows seamless communication between various internet-enabled devices, such as mobile phones and computers. Users can connect through popular social networks like Facebook, Google Talk, and Twitter. Nimbuzz is headquartered in Gurgaon, with regional offices in Dubai and the Netherlands, employing a team of nearly 100 individuals. Chief Executive Officer Vikas Saxena oversees the brand's global strategy and operations. The platform, which is accessible through a simple download and installation process, empowers users to fully leverage the capabilities of mobile internet for enhanced communication experiences.
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