# MIH: portfolio, investments and team

> MIH is a growth equity. 6 investments on record, latest Jun 2011. Portfolio, stages, co-investors and team.

Source: https://millionrounds.com/fund/mih (Millionrounds; every figure on the page links to its filing or article)

[Investor](https://millionrounds.com/investors)

# MIH

Last cheque observed Jun 2011. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Quiet Growth equity

Growth Series B Series C

Cheques on record

**0%** of best year **0** **cheques in 12 months**, 6 on record

Since the last cheque **5607** days **00** hrs **00** min **00** sec

Rounds led **0 of 6** Sole investor **4 rounds** Exits **2 from the portfolio** Mostly in **Brazil, 40%**

Pitch MIH

## MIH highlights

- 01 6 rounds on record
- 02 Mostly Growth and Series B: 60% of its rounds
- 03 Sole investor in 4 rounds, median undisclosed
- 04 2 exits from the portfolio

## What they do

- **Type:** Growth equity (from a list, unverified)
- **Cheque size:** Not stated
- **Cold pitches:** Not stated

## The record

Every round we can evidence, newest first **6 appearances**

- **2011** 2 rounds
- **Jun** **[Dubizzle](https://millionrounds.com/company/dubizzle)** AE **Undisclosed** Sole investor
- **Apr** **[Iceni Technology](https://millionrounds.com/company/iceni-technology)** Venture **Undisclosed** Sole investor
- **2010** 1 round
- **Mar** **[Movile](https://millionrounds.com/company/movile)** Series C · BR · naspers.com **Undisclosed** With 1 other
- **2009** 2 rounds
- **Nov** **[Korbitec](https://millionrounds.com/company/korbitec)** Growth · ZA **Undisclosed** Sole investor
- **Jan** **[Lelong](https://millionrounds.com/company/lelong)** Growth · MY **Undisclosed** Sole investor
- **2008** 1 round
- **Apr** **[Movile](https://millionrounds.com/company/movile)** Series B · BR · naspers.com **Undisclosed** With 1 other

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## Exits from the portfolio

Companies it backed that were later bought or listed **2 in all**

**[Dubizzle](https://millionrounds.com/company/dubizzle)** Bought by OLX **Undisclosed** Sept 2015

**[Dubizzle](https://millionrounds.com/company/dubizzle)** Bought by [Naspers](https://millionrounds.com/fund/naspers) **Undisclosed** Aug 2013

An exit counts when it came after the firm's first round in the company. From historical deal records.

## Companies it bought

Acquisitions by the firm itself

**[GECAD ePayment](https://millionrounds.com/company/gecad-epayment)** **Undisclosed** Oct 2010

**PriceCheck** **Undisclosed** Aug 2010

**Sulit.com.ph** **Undisclosed** Aug 2009

## The cheque

Growth Series B Series C

Median round joined **-** the round, not its cheque Alone, median **-**

Led 0 of 6 rounds **0%**

- **Sole investor:** 4 rounds
- **Last cheque:** Jun 2011
- **Exits:** 2 from the portfolio

Rounds by stage said on their site

- Growth *2*
- Series B *1*
- Series C *1*
- Venture *1*

Cheques by year Led Joined

2008 2011

Often in the room with

- [Naspers](https://millionrounds.com/fund/naspers) 2

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## Who they invest alongside

The investors most often in the same rounds as MIH. A count of rooms they were both in, not a relationship either has claimed.

[**Naspers** VC firm **2** rounds together](https://millionrounds.com/fund/naspers)

## Quick answers about MIH

### What does MIH invest in?

MIH invests most often at Growth and Series B (60% of the rounds on record).

### How active is MIH?

6 investments on record, 0 of them in the last 12 months. The most recent was in Jun 2011.

### Does MIH lead rounds?

Rarely, if at all: none of its 6 investments on record names it as the lead.

### Where does MIH invest?

Most of the companies it backs are in Brazil (40%), the United Arab Emirates (20%) and South Africa (20%).

### Is MIH investing now?

No investments in the last 12 months; the latest was in Jun 2011.

### Who does MIH invest alongside?

Most often Naspers (2 rounds together).

### What kind of investor is MIH?

MIH is a growth equity firm.

### Where does this information on MIH come from?

From 2 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=mih) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=mih)
