Page 51 - TURKRptFeb21

Major Tech Deals in Turkey
Date
Jan-21 Jan-21 Jan-21 Jan-21 Jan-21 Dec-20 Dec-20 Dec-20 Dec-20 Dec-20 Nov-20 Nov-20 Nov-20 Oct-20 Oct-20 Sep-20 Sep-20 Sep-20 Sep-20 Aug-20 Aug-20 Aug-20
Jul-20
Sold
BluTV
BluTV 35% - Inofab - $1mn Getir minority $128mn Innovera - - StartupMarket - TRY1.5mn
51
TURKEY Country Report February 2021
www.intellinews.com
Online bus ticketing service oBilet was ranked 39th with revenues of TRY5- 20mn.
Another software developer, Kuasoft, was ranked 17th on the TOBB list with revenues in the range of TRY1-5mn in 2018.
Online payments service Odeal was ranked 20th with TRY5-20mn of revenues.
Turkcell’s (TCELL) 100%-owned electronic money unit Turkcell Odeme, the legal entity that has operated the Paycell brand since 2015, is to apply to the Capital Markets Board of Turkey (SPK) to sell up to Turkish lira (TRY) 200mn ($26.8mn) of management agreement-based sukuks with maturities of up to 12 months.
Online groceries delivery company Getir launched operations in London.
Figopara
Sigorta Cini
Telesis
Onnect (Bigger Games)
Bulutistan 25% - Wizsight - - Fujitsu Turkey full - Hemenal 100% $8.9mn PayCore majority - BulutKlinik - $0.1mn Barty 20% $0.1mn Axell Studio - $0.4mn Bakiyem - - Mobilexpress - $2mn Rollic 80% $168mn Nicat - - AtarLabs - -
Stake Price
Buyer
Twozero
Discovery/US
Re-Pie/Teknoloji/Fark Moritz/Base/Tiger/Goodwater/Esas/Fiba/Revo Eczacibasi-Taxim-Cyberwise
Fundraising
Finberg/Eczacibasi/Lima
Buba Ventures
Karel
Rollic (Zynga/US)
Ak Portfoy/Akbank
UK YouGov
Hitay Holding
Oyak Portfoy
Mediterra
Teknogirisim
Geometri, Bati
Destex, Rasyonel
Alesta, Sertac Ozinal
Collective Spark
Zynga
Alesta
Micro Focus/UK
Seller
-
-
Fundraising
Fundraising
-
Fundraising
Fundraising NN/Netherlands
-
CHEF/Turkey Fundraising
-
Fujitsu
-
-
-
-
-
Fundraising
Series A financing round Founders
Fundraising
-
2.77% -
- $4.6mn full -
100% $0.5mn full $6mn+$1mn