Tech firm SkyGarden dodges closure after investor buyout

A person holding bank notes.FILE PHOTO | NMG

Kenya-based e-commerce startup SkyGarden will not exit the local market as earlier announced after it was acquired by an unnamed investor, chief executive Martin Majlund has announced.

Last month, the firm filed for insolvency after it failed to raise extra capital in September, putting the jobs of its 46-member staff on the line.

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