Ardent Capital

Feather Africa specializes in financial technology that facilitates seamless money transactions for its users. The company enables individuals to send and receive money directly through its application, eliminating the need for traditional banking visits. One of its key features allows users to withdraw cash without the use of ATM cards by sending funds to nearby cash vendors. This innovative approach aims to simplify the movement of money, making financial services more accessible and convenient for users.

Trade Lenda is a digital financial service provider focused on facilitating access to credit for micro, small, and medium enterprises (MSMEs) in Nigeria. Recognizing that access to finance is a significant barrier for MSMEs, the company utilizes alternative data sources to assess the creditworthiness of borrowers, evaluating their character and capacity without relying on traditional collateral requirements. This innovative approach aims to address the substantial financing gap faced by MSMEs, which contribute significantly to job creation and economic growth in the region. In addition to providing short-term loans to support working capital needs, Trade Lenda plans to expand its services to include micro-savings, insurance, investment, and pension solutions, further enhancing the financial ecosystem for MSMEs.

Landlord Heaven provides property technology services. Their solutions are designed to help customers maximize their rental real estate investments and protect their legacies. They help landlords guarantee and increase their rental income.

Kunda Kids is a children's publishing and media company dedicated to promoting diversity and inclusion in children's literature. The company focuses on inspiring young readers to learn about and celebrate African history and culture through its stories and characters. Kunda Kids offers a range of products, including children's books, animations, and a digital learning platform that features stories, audiobooks, and language learning animations. Their content is designed to instill essential life skills such as self-confidence, teamwork, and kindness, contributing to children's overall development and well-being.

MedkitNetwork is a supply chain and health IT solution company. They offer medkit connect, medkit stocks, medkit float, medkit credit, and medkit consult. They transform businesses through access and the supply chain.

Logistics Hub is a technology-driven freight and logistics company that specializes in last-mile delivery solutions. It offers a digital platform enabling businesses to schedule deliveries, connect with riders, and monitor progress in real-time. The company's services cater to various needs, including on-demand e-commerce deliveries, inter-state transportation, and import services, all aimed at streamlining workflows and enhancing customer satisfaction.

Beacon Power Services, founded in 2013 and based in Lagos, Nigeria, specializes in energy management solutions for commercial and industrial facilities. The company employs a data-driven approach, utilizing its AI-enabled grid management platform, Adora, to provide real-time visibility into network performance for power distribution companies. This software connects to utility assets and customer nodes, enabling energy providers to anticipate outages, identify network losses, and enhance electricity distribution efficiency. Beacon Power Services develops comprehensive power generation and management plans tailored to clients' specific needs, incorporating generator resizing, peak shaving, automation, appliance upgrades, and renewable generation installations. The company's mission is to improve the quality and reliability of electricity supply in African cities by building smart grids and addressing inefficiencies in electricity distribution systems, ultimately reducing energy costs for its clients.

Zeraki is an educational technology company focused on improving access to quality education and facilitating smoother transitions between educational levels and into employment. The company operates a platform designed to enhance instructional quality while streamlining administrative tasks for educators. By providing valuable insights, Zeraki empowers educational stakeholders to make informed decisions, ultimately aiming to elevate the overall educational experience for students.

Releaf is a Nigerian company founded in 2017 that operates as an online marketplace connecting agribusiness buyers and sellers. It focuses on sourcing ingredients for African food factories, including cassava, palm oil, ginger, and maize, among others. Releaf aims to create climate-adaptive supply chains in response to the continent's growing population. The firm provides extension services to smallholder farmers, acting as a buyer and streamlining the conversion of raw materials into factory-grade inputs for vegetable oil production. By leveraging digital technologies such as USSD and open banking, along with proprietary machinery, Releaf collaborates with over 2,000 smallholder farmers, facilitating the supply of high-quality palm kernel nuts to food factories. This approach not only enhances operational efficiency for food manufacturers but also supports the economic development of small agricultural startups.

Notto operates a licensed platform that tracks rent and assesses the creditworthiness of tenants, particularly those from low-income backgrounds and emerging markets. By utilizing bill payment data, Notto calculates credit scores, providing a reliable alternative for individuals who may not have traditional credit histories. The platform offers tenants tools to monitor their past rental payments and a score designed to enhance their financial security. This system not only helps tenants feel safe and dependable while managing transactions but also assists them in obtaining mortgages at favorable interest rates, supporting their financial growth in the informal economy and small business sectors.

HealthDart is a digital health platform designed to improve access to healthcare services for middle-income communities. It connects users with local, independent pharmacies and healthcare providers through its application. The platform facilitates in-person consultations with verified healthcare professionals, including nurses and doctors, and offers instant health advice. Users can manage their healthcare needs efficiently by networking with these providers, allowing for easy ordering of medications and health products with doorstep delivery. HealthDart's services aim to make healthcare more accessible and affordable, addressing the needs of underserved populations.

Decagon is a Lagos-based company specializing in transforming high-potential individuals into skilled technology professionals through its rigorous merit-based training programs. Founded in 2018, Decagon recruits the top 0.5% of tech talent in Africa and focuses on developing world-class software engineers proficient in various programming languages and methodologies, including Node, Java, iOS, Android, C#, and Python. The company operates a software engineering academy that equips its graduates with deploy-ready skills, serving leading companies globally, including those in Austin, New York City, Berlin, London, and Rome. In addition to training, Decagon offers recruiting services, ongoing HR management, and custom onboarding, providing businesses with vetted remote software engineering talent tailored to their specific needs.

Deliver a world of advantages where employee happiness and corporate values meet. Provide companies and employees access to a wide range of curated, exclusive discounted products and services. Improve employees engagement and retention by helping companies create benefits programs. Connect suppliers and merchants with companies through exclusive offers and benefits.

Deliveree Logistics is a technology platform based in Bangkok, Thailand, that offers a mobile and web application for booking and managing road cargo transport across Southeast Asia, specifically in Indonesia, the Philippines, and Thailand. Founded in 2015, the platform connects clients with a network of approximately 100,000 active commercial trucks and vehicles, facilitating both full truckload (FTL) and less than truckload (LTL) deliveries. Deliveree aims to optimize logistics by reducing costs and minimizing cargo capacity waste by efficiently matching excess cargo capacity with customer demand on a real-time basis. The company positions itself as a leader in the on-demand logistics market, striving to enhance the efficiency and effectiveness of cargo transport services in the region.

Sulapac is a company focused on addressing the global plastic waste crisis through innovative biodegradable packaging solutions. Their products are made from a biodegradable and microplastic-free material derived from wood, offering a sustainable alternative to traditional plastics without compromising performance. Sulapac's packaging can be produced using established manufacturing techniques such as injection molding, extrusion, and blow molding, allowing for design versatility and seamless integration into existing production processes. The materials exhibit properties comparable to plastics, and with the application of Sulapac barrier coatings, their resistance to water, oil, and oxygen can be further enhanced. This combination of luxury, sustainability, and functionality positions Sulapac as a leader in the development of eco-friendly packaging solutions.

Goxip is a fashion trend discovery platform that simplifies the search and purchase of fashion and beauty products. With partnerships with over 500 international online retailers, it boasts a comprehensive database of more than 36,000 luxury brands and 5 million items. Users can easily find desired products by searching through text, categories, or images. Goxip connects content with ecommerce, allowing users to discover trends, find inspiration, and share their own styles within a community of fashion enthusiasts. The platform also utilizes product and brand recognition technology, enabling users to shop for similar apparel worn by celebrities and influencers, making the process of finding and purchasing fashion items seamless and engaging.

Orami Group is an online e-commerce platform based in Bangkok, Thailand, specializing in a diverse range of products for families, particularly focusing on parenting needs. The company offers an extensive selection of items, including apparel, cosmetics, home appliances, baby care products, and home décor. Orami serves customers primarily in Thailand and Indonesia, positioning itself as the first parenting platform in Indonesia that integrates commerce, content, and community within a single ecosystem. Established as MoxyBilna before rebranding in February 2016, Orami aims to provide a comprehensive shopping experience for parents and families, catering to their various needs through a user-friendly online interface.

Deliveree Logistics is a technology platform based in Bangkok, Thailand, that offers a mobile and web application for booking and managing road cargo transport across Southeast Asia, specifically in Indonesia, the Philippines, and Thailand. Founded in 2015, the platform connects clients with a network of approximately 100,000 active commercial trucks and vehicles, facilitating both full truckload (FTL) and less than truckload (LTL) deliveries. Deliveree aims to optimize logistics by reducing costs and minimizing cargo capacity waste by efficiently matching excess cargo capacity with customer demand on a real-time basis. The company positions itself as a leader in the on-demand logistics market, striving to enhance the efficiency and effectiveness of cargo transport services in the region.

Snapcart is a cashback application based in Indonesia that allows consumers to earn rewards by taking photos of their receipts. The app provides brands and retailers with real-time insights into consumer behavior, offering a more accurate measurement than traditional research methods. By incentivizing users to engage with their receipts, Snapcart helps businesses connect with shoppers on a personal level, enhancing brand engagement through crowd-sourced data. This innovative approach enables clients to build stronger relationships with consumers, ultimately driving loyalty and improving marketing strategies. Backed by Ardent Capital, Snapcart aims to transform the way brands understand and interact with their customers.

HUBBA is a provider of community workspaces designed to connect businesses of all sizes, particularly startup entrepreneurs, innovators, and professionals. Founded in 2012 in Bangkok by Amarit Charoenphan and Charle Charoenphan, HUBBA transforms real estate into collaborative coworking environments that foster vibrant communities. The company offers various services, including business consultancy, user experience consultancy, and venture capital networking, enabling members to focus on their entrepreneurial endeavors. With locations in Bangkok, Chiang Mai, and Vientiane, HUBBA aims to expand its presence across Southeast Asia, supporting a growing membership base that fosters innovation and collaboration.

HappyFresh is a leading online grocery company based in Jakarta, Indonesia, with operations extending to Malaysia and Thailand since its founding in 2015. The company aims to simplify the grocery shopping experience by offering a convenient platform where customers can order fresh products from local grocery stores and have them delivered directly to their homes. HappyFresh employs trained personal shoppers to ensure the quality and freshness of the groceries, alleviating common challenges associated with traditional shopping, such as parking, navigating store aisles, and carrying heavy bags. By focusing on customer convenience and high-quality service, HappyFresh has established itself as a prominent player in the Southeast Asian online grocery market.

Floship Limited, founded in 2015 and based in Kwai Fong, Hong Kong, specializes in international eCommerce fulfillment and shipping services. The company offers a range of solutions that encompass the entire global supply chain, including storage, order fulfillment, returns management, and last-mile delivery. Floship's advanced logistics technology aims to streamline and automate the supply chains of eCommerce businesses, enabling them to focus on growth and investment flexibility. Its services cater to both cross-border eCommerce enterprises and crowdfunding campaigns, providing efficient and cost-effective shipping solutions. By utilizing plug-and-play integrations and intelligent automation, Floship seeks to enhance visibility, accuracy, and operational efficiency, addressing the complexities faced by online retailers in the global market.

Bizzy is an online marketplace designed to assist merchants in transitioning to e-commerce by managing their procurement activities efficiently. The platform streamlines the purchasing process by offering wholesale prices that vary based on the volume of purchases, thereby facilitating cost-effective access to office supplies. Bizzy integrates multiple shipments from various vendors through a crossdocking model, leveraging the fulfillment capabilities of its partner, aCommerce. This approach enables businesses to meet the logistical demands of B2B customers while providing them with convenient options to choose from multiple suppliers. Through these services, Bizzy supports companies in optimizing their procurement processes and reducing operational costs.

Coworking spaces are starting up everywhere in Southeast Asia.

aCommerce Co., Ltd., established in 2013, is a Bangkok-based company that specializes in providing comprehensive e-commerce solutions for brands and retailers across Southeast Asia, including Thailand, Indonesia, the Philippines, and Singapore. The company offers a wide range of services, from performance marketing and channel management to platform design, payment gateways, order fulfillment, delivery, and customer service. aCommerce caters to various sectors such as health and beauty, fashion, electronics, and technology, and has a strategic partnership with DKSH Group.

HappyFresh is a leading online grocery company based in Jakarta, Indonesia, with operations extending to Malaysia and Thailand since its founding in 2015. The company aims to simplify the grocery shopping experience by offering a convenient platform where customers can order fresh products from local grocery stores and have them delivered directly to their homes. HappyFresh employs trained personal shoppers to ensure the quality and freshness of the groceries, alleviating common challenges associated with traditional shopping, such as parking, navigating store aisles, and carrying heavy bags. By focusing on customer convenience and high-quality service, HappyFresh has established itself as a prominent player in the Southeast Asian online grocery market.

Snapcart is a cashback application based in Indonesia that allows consumers to earn rewards by taking photos of their receipts. The app provides brands and retailers with real-time insights into consumer behavior, offering a more accurate measurement than traditional research methods. By incentivizing users to engage with their receipts, Snapcart helps businesses connect with shoppers on a personal level, enhancing brand engagement through crowd-sourced data. This innovative approach enables clients to build stronger relationships with consumers, ultimately driving loyalty and improving marketing strategies. Backed by Ardent Capital, Snapcart aims to transform the way brands understand and interact with their customers.

Shopline is an e-commerce company that offers a do-it-yourself platform tailored for merchants in Asia to create and manage online shops. The platform is distinguished by its user-friendly setup process, support for multiple languages, and integration of regional payment methods, ensuring a seamless experience optimized for mobile devices. All online stores created through Shopline are responsive, adapting to various screen sizes for consistent customer engagement. The company aims to empower small businesses in Asia by providing intuitive tools that align with their operational needs, facilitating their success in the growing e-commerce market. Initially focusing on Chinese-speaking countries, Shopline is well-positioned to capture a significant share of this expanding sector.

Lolalo.la operates an online platform specializing in women's lingerie and inner-wear. The company aims to provide a convenient and enjoyable shopping experience for customers seeking a variety of lingerie options. By focusing on ease of access and user-friendly navigation, Lolalo.la seeks to cater to the diverse needs and preferences of women looking for quality intimate apparel.

aCommerce Co., Ltd., established in 2013, is a Bangkok-based company that specializes in providing comprehensive e-commerce solutions for brands and retailers across Southeast Asia, including Thailand, Indonesia, the Philippines, and Singapore. The company offers a wide range of services, from performance marketing and channel management to platform design, payment gateways, order fulfillment, delivery, and customer service. aCommerce caters to various sectors such as health and beauty, fashion, electronics, and technology, and has a strategic partnership with DKSH Group.

PicoCandy is a digital sticker distribution platform aimed at enhancing virtual communication beyond traditional text and emoticons. The company offers a wide array of over 1 million digital stickers, positioning itself as a significant player in the digital stickers market. Its platform provides stickers-as-a-service to brands, allowing them to monetize their products through the integration of digital stickers into various messaging applications. Additionally, PicoCandy simplifies the design, development, management, and deployment of chatbots, thereby facilitating better communication for users while enabling brands to engage with customers more effectively and streamline business processes.

Playbasis operates a cloud-based gamification marketing platform that facilitates the development of engaging applications aimed at millennial audiences. The platform enables businesses to easily integrate custom-branded casual games and reward programs into their existing mobile applications and e-wallets, enhancing user engagement through gamification technology. Additionally, it provides real-time tracking of user activity, allowing enterprises to gather actionable data that offers insights into customer behavior. Playbasis generates revenue through a software-as-a-service subscription model, where clients only incur costs based on the services they utilize.

Playbasis operates a cloud-based gamification marketing platform that facilitates the development of engaging applications aimed at millennial audiences. The platform enables businesses to easily integrate custom-branded casual games and reward programs into their existing mobile applications and e-wallets, enhancing user engagement through gamification technology. Additionally, it provides real-time tracking of user activity, allowing enterprises to gather actionable data that offers insights into customer behavior. Playbasis generates revenue through a software-as-a-service subscription model, where clients only incur costs based on the services they utilize.

Syndacast is a data-driven online media agency based in Bangkok, Thailand, with additional offices in Singapore, Melbourne, and Delhi. The agency specializes in delivering comprehensive digital marketing solutions for global brands across various industries, including hospitality, healthcare, banking, insurance, and real estate development. Syndacast has established a reputation for exceeding client expectations by focusing on performance-oriented services such as search engine marketing, programmatic display advertising, content marketing, and social media marketing. The agency collaborates with prominent clients, including major hotel chains and top banking and insurance providers, and is recognized as an official Google Premier Partner. Additionally, Syndacast has formed strategic data partnerships with travel intent data providers, enhancing its ability to offer targeted marketing strategies. By prioritizing audience data, conversion, and attribution, Syndacast aims to provide clients with effective online marketing initiatives that deliver measurable returns on investment.

e27 is a media company based in Singapore, focused on Asia's technology startup ecosystem. Founded in 2006, it provides comprehensive coverage of news affecting the technology industry and startup landscape, along with highlighting emerging web and mobile applications from the region. The company profiles startup founders and offers insights from industry professionals and mentors, supporting entrepreneurs in their ventures. Additionally, e27 organizes the Echelon Conference, an event that brings together entrepreneurs, innovators, investors, and technology organizations to share knowledge and foster connections. Through its online and offline platforms, e27 equips startups with valuable resources, including news updates, thought leadership content, and networking opportunities, facilitating their growth and engagement with potential investors.

WhatsNew Asia is a parent company overseeing several e-commerce platforms, including Venbi.com, Petloft.com, Sanoga.com, and Lafema.com, each tailored to meet the specific needs of women in various niche markets. The company aims to recognize and respond to the demands of these niches by delivering a boutique shopping experience. This multi-vertical strategy enables WhatsNew Asia to acquire customers efficiently and promote cross-selling among its higher-margin websites. Originally operating as Moxy following its acquisition of Moxy St. in 2014, the company further expanded in 2015 through a merger with Bilna, an Indonesian e-commerce firm, and now operates under the consolidated identity of Orami.