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IT is one of the key investment areas for the fund. We recognise the importance of this industry as its development underpins a country's technological, economic and social progress. Therefore, Fribourg Capital is a keen investor in ideas and teams that have the potential to generate good returns.
Elefant.ro
Location:
Bucharest, Romania
Founded:
2009
Shareholding:
majority stake

Elefant.ro started as a venture that aimed to capitalise on the growing e-commerce activity in the region. From an on-line retailer of books originally, the company has expanded into other categories such as toys and fashion while even more verticals are to follow. In a relatively short period of time, Elefant.ro managed to build one of the most trusted and recognisable brands in its area of operations by offering good customer service at a competitive prices. The business showed constant monthly and y-on-y growth in terms of the number of customers and revenue.

Growth Milestones
2010 Founded. Fribourg (GreenLight at the time) takes a majority stake.
2011 The launch of mass-market distribution.
2012 The platform gained a new design and the toys category has been launched. The BoA has been formed with the participation of notorious industry minds.
2013 A new management has been selected to supplement the team in order to achieve the new strategic growth targets.
Further reading:
Project's News

    Elefant.ro vinde eBooks si pe Amazon.

    16.09.2013 IN

    BUCURESTI, 16 Septembrie 2013 – Peste 1100 de carti digitalizate de elefant.ro sunt disponibile acum pe platforma Amazon Kindle pentru cititorii de limba romana. Cartile acopera toate categoriile editoriale: fictiune, biogra... more

    Elefant.ro: Versace, Dolce & Gabbana, Tom Ford, Guess, ...

    02.09.2013 IN

    BUCURESTI, 2 septembrie 2013 – elefant.ro intra oficial pe piata online de fashion din 2 septembrie a.c., urmand sa adauge in oferta sa pana la 31 decembrie 2013, peste 16.000 mii de produse de imbracaminte, incaltaminte si acce... more

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