Kelo Africa

Kelo Africa is positioning itself as Africa's First Interactive Digital Bookstore & e-Library. The startup offers a 5 in 1 Digital Interactive Digital (e-book) Bookstore and book aggregator, selling books or access directly to users like students, bursary funds, academic institutions & libraries. The platform focuses on all book distribution across all genres including bibles on a license or subscription bases. Notably, it is Africa’s first interactive digital bookstore & library using a Netflix/Spotify model for local & international titles. Kelo provides a five-in-one application and analytics portal accessible on Android, IOS and soon to be released on windows. Moreover, it has an in-house digital library to ensure users never lose or damage their books, journals, worksheets, notes, etc. by storing all content on the app catch memory to be accessible on and offline across devices, similar to Netflix and Spotify. The platform also offers budgeting and transacting capabilities through an in-house 1 to 1 currency, allowing users to load and share credits and vouchers with their loved ones while also being able to receive credits from bursary funds, parents, academic institutions, and employers. The unique features of #SmartReaders include the ability to highlight, draw, add notes, bookmarks, and audio recordings on their books. Additionally, they can join book clubs and create smaller study/more intimate private groups to chat, share notes, and resources with like-minded individuals. Kelo Africa was founded in 2021 and is headquartered in South Africa. The latest funding round of ZAR23.50M was secured on 17 May 2022, with Khulisani Ventures as the investor. This latest investment showcases the confidence of venture capitalists in the potential of the startup, especially in the ever-growing digital space. Kelo Africa's unique approach and focus on a comprehensive and interactive digital reading experience could drive significant growth and success in the future, making it an intriguing investment opportunity in the digital book industry.