Kelkoo is an intermediary between web shoppers and online merchants with a European presence. KVC originally invested in the Norwegian company ASA in 1999, which then merged with the European company Kelkoo in the autumn 2000.

KVC was a central player both in Zoomit’s strategic development in advance of the merger, during the merger process and in Kelkoo’s later operational and strategic development.

In April 2004, Kelkoo was sold to Yahoo Inc. for EUR 475 million. The sale of Kelkoo to Yahoo received the award for “Venture Capital Deal of the Year” at the European Private Equity Awards in Paris in November 2004.