Nigerian business Hotels.ng raises $1.2m from international investors | Welcome to Linda Ikeji's Blog

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Wednesday, 27 May 2015

Nigerian business Hotels.ng raises $1.2m from international investors

Hotels.ng - a Nigerian startup business that books hotels for people online - is in the news because it has raised an investment of $1.2m from eBay founder - Pierre Omidyar - and EchoVC - a Venture Capital Company based in Nigeria that does early stage investments for Nigerian technology companies...

Two or three years ago, there was no way of finding hotels online in Nigeria. A Nigerian - Mark Essien - came up with the concept of Hotels.ng, which is a way to find hotels in towns across Nigeria and do bookings for those hotels. He was able to raise investment of $225,000 from Jason Njoku of IrokoTV (about N36 million naira) back in 2013, and after two years, the Hotels.ng company has now brought in international investors to invest $1.2m in the company (N240million).

The company is said to be one of the fastest growing technology businesses in Nigeria - this trend of foreign investment being put in the country must continue!

29 comments:

Unknown said...

Wow!

Davido's driver said...

Cool

Unknown said...

Dis is great, and nice. Thumbs up to them, and more power to their elbows.

Unknown said...

a.k.a EDWIN CHINEDU AZUBUKO said..
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Thats is really nice no doubt....
.
.
***CURRENTLY IN JUPITER***

Anonymous said...

Really, and this is news. Do you know how much money over SME's have raised without noise making. Please educate yourself Linda, and try to sit through what should be posted and what shouldn't

Unknown said...

NICE

Unknown said...

WOW! That's a good one for Mark Essien, but i'm still waiting for when Nigerian billionaires will start investing in technology related industry like their foreign counterpart. They should stop taking the money out but invest it within.

Subomi said...

what a coincidence, just today, earlier this morning, I went to that site while looking for hotels. good job

Unknown said...

seen

Unknown said...

They have done well

Blog It With Olivia said...

That's cool







HBD to me

KK said...

Congratulations!!
You see now!! the young man has been able to do something meaningful with his life.
Yet you find some useless youth are busy insulting GEJ and always complaining about hoe terrible the Nigerian Government. I pity all of una..you people should continue... even Buhari, your messiah won't be able to help you out. Jobless and brainless youth everywhere!

Unknown said...

Good business for them. Linda take note!

Unknown said...

Good business for them. Linda take note!

Anonymous said...

Very solid website! You won't know how good it is until YOU NEED IT!!!

Unknown said...

am going to be there soon

NaijaDeltaBabe said...

Seen

Anonymous said...

Big lies

John said...

Just trying to making headline with fake news

Unknown said...

Congrats to Technology Entrepeneurs. We should see more of this.

Anonymous said...

Kudos!!

Unknown said...

This is commendable. I remember sending a stinker email to booking.com and asking them why I couldn't book hotels in Nigeria even though I had booked hotels all over the world for years with them. They replied that they had been scammed by Nigerian hotels. I hope hotels.ng has found a way around this

Anonymous said...

proud of u mark....NM lawrence

Anonymous said...

All lies

Anonymous said...

Go to hell please.

Anonymous said...

Nigga what fake news? Please fuck off

Anonymous said...

So proud of Mark Essien, while akwaIbom guys r busy smashing girls all over the place. Mark is uusin his brain, to. Creaate jobs for people and earn a decent living.
He mentors people too and Linda can't deny she has a crush on him.

Dreezy the quidnunc said...

Dope .. I remember a guy brought in the idea to the lions den programme the

Julia Evans said...

Bravo! Good going. Guess online hotel booking would be a great option for the travelers who plan their trip to Nigeria.

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