Ardent Capital

Ardent Capital is a team of experienced entrepreneurs with a history of successful exits throughout Southeast Asia and globally. We bring together all the key elements required to create great companies: Team, Strategy, Operations, Marketing, Technology, Capital, and Passion. We are thrilled and privileged to be participating in a technology revolution sweeping the region.

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Feather Africa

Pre Seed Round in 2022
Feather Africa provides money transaction services, such as enabling users to send and receive money from anyone using the application. It offers withdrawals of cash without ATM cards by sending money to the nearest cash vendors.

Trade Lenda

Pre Seed Round in 2022
Trade Lenda is digital financial service solution enabling access to credit for MSMEs leveraging alternative data sources to qualify character and capacity in Nigeria. It’s a known fact access to finance is a major challenge for MSMEs with a $5trillion opportunity market across developing economies. According to reports from PWC and IFC, MSMEs account for about 84% of the jobs created in this region and about 50% of the GDP of the African economies. However without needed finance, most of them are likely to shut down within first 2-5 years. Today with our smart data algorithm, we leverage on data to evaluate character and capacity of every request thus removing focus on upfront collateral and cutting bottle necks associated to getting credits by MSMEs. We are not stopping there but also going a step further to provide micro savings, insurance, investment and pension soon for MSMEs.

Kunda Kids

Venture Round in 2022
Kunda Kids is a children's publishing and media company. They promote diversity and inclusion in children's literature, and stories and characters reflect this. Their stories promote all-important life skills such as self-confidence, teamwork, and kindness, which are essential for children's development and well-being.

MedkitNetwork

Seed Round in 2022
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

Pre Seed Round in 2022
Logistics Hub provides delivery solutions for businesses. They offer a platform for businesses to schedule deliveries, access riders, and enjoy real-time monitoring. Their services include delivery solution, on-demand for e-commerce, inter-state deliveries, and imports.

Landlord Heaven

Venture Round in 2022
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.

Beacon Power Services

Seed Round in 2022
Beacon Power Services is a provider of data solutions and grid management software for the power sector. Adora, its AI-enabled grid management platform, solves one of two fundamental problems that African power distribution companies face. The software provides electric utilities with real-time visibility into network performance and connects to every utility asset and customer node on the grid, allowing energy providers to anticipate outages and identify network losses, respond to them quickly, and distribute electricity more efficiently. In addition, it gives consumers complete control over their energy infrastructure, allowing them to handle not only invoicing but also installations and logistics. BPS's goal is to improve the quality and duration of electricity supplied to African cities by building smart grids across the continent and using data to reduce significant inefficiencies in electricity distribution systems.

Zeraki

Seed Round in 2022
Zeraki is to use technology to address some of the obstacles learners encounter in accessing quality education. We use technology to enhance the quality of education students get at each level of education and use technology to help students transition from one level of education to the next, and ultimately from education into employment.

Releaf

Seed Round in 2022
Releaf is a supply chain technology firm that sources ingredients for African food factories. It aims to create climate-adaptive supply chains as Africa's population grows by 3 billion people. Releaf also provides extension services to smallholders, acts as a buyer of their products, and converts the raw material into factory-grade inputs for vegetable oil factories. Releaf uses digital technologies such as USSD and open banking, in addition to hardware, to work seamlessly with its network of over 2,000 smallholder farmers, who have supplied over 15 million kilograms of quality palm kernel nuts to food factories.

Notto

Pre Seed Round in 2022
Notto is the operator of a platform for tracking rent that is aimed at serving tenants. The platform provided by their business allows tenants to feel safe, dependable, and secure by providing past rental payments, save notto score, and application. They employ a trustworthy bill payment tracking system that analyses tenants' payment histories to assist them in obtaining a mortgage at a reasonable interest rate.

Decagon

Seed Round in 2022
Decagon is transforming high-potential individuals into the exceptional tech talent that companies need to scale. Its merit-based training program, which only recruits the top 0.5% of tech talent in Africa, produces world-class software engineers for companies globally. The company operates a software engineering academy out of Lagos-Nigeria, producing developers with deploy-ready skills in Node, Java, iOS, Android, C#, Python, and agile methodology. Recruiting and training tech talents, and managing general work infrastructure, Decagon currently serves leading companies in Austin, NYC, Berlin, London and Rome.

Deliveree Logistics

Series A in 2017
SMART LOGISTICS | ZERO WASTE Indonesia, Philippines, Thailand Deliveree is a publicly available technology platform for businesses and individuals to book and manage road cargo transport in Southeast Asia. We operate in Indonesia, Philippines, and Thailand. With approximately 100,000 active commercial trucks and vehicles in the region, our scale and market positioning makes us the market's gold standard for on-demand and spot booking FTL and LTL cargo transport. Our mission is simple: To drastically reduce costs by bringing together excess cargo capacity with customers who need it on a high volume, real time, proximity basis. Put simply, we are making logistics smarter with the unrelenting goal of bringing cargo capacity waste to zero.

Sulapac

Seed Round in 2017
Sulapac brings solutions to the global plastic waste problem with biodegradable packaging innovation. Sulapac combines luxury, sustainability, and unlimited design possibilities. Sulapac packages can be manufactured using injection molding, extrusion, and blow molding techniques. Sulapac has comparable properties to plastics and by using Sulapac barrier coatings water, oil, and oxygen barrier properties can be further improved.

Goxip Inc

Seed Round in 2016
Goxip is ultimate destination for searching, discovering and purchasing any fashion and beauty products. By partnering with over 500 international online retailers, Goxip’s database covers more than 36,000 luxury brands and 5 million items. Being the biggest fashion and beauty ecommerce platform, can simply search with text, categories or even images to find ideal items. They are super connector between content and ecommerce sites. Whatever see and inspires , Goxip is here to help bring home that piece of fashion cannot live without. Discover trends, find inspiration and share own styles with the Goxip community of fashionistas. Snap. Shop. Wear.

Orami

Series A in 2016
Orami is the first parenting platform in Indonesia that combines Commerce, Content, and Community within one ecosystem.

Deliveree Logistics

Seed Round in 2016
SMART LOGISTICS | ZERO WASTE Indonesia, Philippines, Thailand Deliveree is a publicly available technology platform for businesses and individuals to book and manage road cargo transport in Southeast Asia. We operate in Indonesia, Philippines, and Thailand. With approximately 100,000 active commercial trucks and vehicles in the region, our scale and market positioning makes us the market's gold standard for on-demand and spot booking FTL and LTL cargo transport. Our mission is simple: To drastically reduce costs by bringing together excess cargo capacity with customers who need it on a high volume, real time, proximity basis. Put simply, we are making logistics smarter with the unrelenting goal of bringing cargo capacity waste to zero.

Snapcart

Seed Round in 2016
Snapcart is a cashback app that incentivizes consumers to take photos of their receipts in exchange for rewards. The insight it compiled and offered to brands and retailers, providing a more accurate measurement of consumer behavior than many existing research methods. The company is based in Indonesia and backed by Ardent Capital.

HUBBA

Seed Round in 2015
HUBBA is the hub for global creators. We create stunning workspaces, a vibrant community, and business services to thousands of members worldwide. HUBBA turns any real estate into stunning coworking spaces and active communities through our infrastructure, services, events and tech so our members can focus on starting their life's work. Our community spans across 8 locations in Bangkok, Chiang Mai, Vientiane and growing across Southeast Asia with many more opening soon. Founded in 2012 by Amarit Charoenphan and Charle Charoenphan in Bangkok, we will be home to more than 12,000 members in 14 locations by the end of 2016.

HappyFresh

Series A in 2015
Southeast Asia's #1 Online Grocery Company & Asia's Best Company to Work For in 2019. Headquartered in Jakarta, Indonesia, we have expanded to Malaysia and Thailand and currently operate in many cities in the three countries since 2015. Grocery shopping can be difficult. Looking for a space to park your car, having to go through the isles to find your needs while pushing the trolley, waiting in line at the cashiers, and carrying the heavy bags—these are some activities that take a lot of time when you can spend it doing other things. Build to deliver a simplified life, our mission is to provide an easy grocery shopping experience with a high-quality service. With our trained personal shoppers, customers can shop from anywhere without having to worry about the freshness of their groceries. Every day, our team delivers the #FreshlyHandpicked groceries to thousands of doors to liberate lives!

Floship

Seed Round in 2015
Floship's smart logistics solutions covers all aspects of the global supply chain, ensuring minimal operation effort for e-commerce businesses while exceeding their expectations, allowing business owners to concentrate on driving growth and investment flexibility while gaining peace of mind. A key component of Floship's global logistics solutions is advanced logistics technology that streamlines and automates ecommerce brands' supply chains in order to expedite growth and expansion. Floship's plug-and-play integrations, intelligent automation rules, and a comprehensive operational and management tool suite, act as the building blocks of supply chain optimization, tailored to address growth factors such as cost, efficiency, complexity, visibility, accuracy, and more.

Bizzy

Seed Round in 2015
Bizzy is a B2B marketplace and e-procurement platform. On April 6, 2019, Bizzy.co.id expanded its business in collaboration with Bizzy Logistics and Bizzy Distribution, to offer full supply chain services to all businesses in Indonesia under the auspices of the Bizzy Group. We are building an integrated digital platform for Logistics and Distribution, providing full supply chain services in Indonesia, to increase efficiency in logistics and distribution, and increase growth in all businesses in Indonesia.

coworking spaces

Series A in 2015
Coworking spaces are starting up everywhere in Southeast Asia.

aCommerce

Venture Round in 2015
aCommerce is an e-Commerce enabler that provides end-to-end technologies and solutions such as performance marketing, channel management, web store design and operations, order fulfillment and warehousing, delivery, and content production for brands, manufacturers, retailers, and startups in Southeast Asia. aCommerce was founded in 2013 and is headquartered in Bangkok, Thailand.

HappyFresh

Seed Round in 2015
Southeast Asia's #1 Online Grocery Company & Asia's Best Company to Work For in 2019. Headquartered in Jakarta, Indonesia, we have expanded to Malaysia and Thailand and currently operate in many cities in the three countries since 2015. Grocery shopping can be difficult. Looking for a space to park your car, having to go through the isles to find your needs while pushing the trolley, waiting in line at the cashiers, and carrying the heavy bags—these are some activities that take a lot of time when you can spend it doing other things. Build to deliver a simplified life, our mission is to provide an easy grocery shopping experience with a high-quality service. With our trained personal shoppers, customers can shop from anywhere without having to worry about the freshness of their groceries. Every day, our team delivers the #FreshlyHandpicked groceries to thousands of doors to liberate lives!

Snapcart

Seed Round in 2015
Snapcart is a cashback app that incentivizes consumers to take photos of their receipts in exchange for rewards. The insight it compiled and offered to brands and retailers, providing a more accurate measurement of consumer behavior than many existing research methods. The company is based in Indonesia and backed by Ardent Capital.

Shopline

Seed Round in 2015
Shopline is a DIY e-commerce platform for creating online shops in Asia. Their differentiation lies in their simplistic setup process, native language support, regional payment methods and the fact that the entire experience is optimised for mobile. All shops are completely responsive and adapts to all screen sizes so the customer experience is consistent on every device. Their mission is to empower small businesses in Asia with simple-to-use tools that complements the way they do business and allowing them to succeed in e-commerce. Beginning with the Chinese-speaking countries of Asia, their company is positioned to disrupt a huge market in an ever growing e-commerce space in Asia.

Lolalo.la

Seed Round in 2014
Lolalo.la is lingerie Online shopping so easy and fun.

aCommerce

Series A in 2014
aCommerce is an e-Commerce enabler that provides end-to-end technologies and solutions such as performance marketing, channel management, web store design and operations, order fulfillment and warehousing, delivery, and content production for brands, manufacturers, retailers, and startups in Southeast Asia. aCommerce was founded in 2013 and is headquartered in Bangkok, Thailand.

PicoCandy

Seed Round in 2014
PicoCandy began with a simple idea: everyone should be able to communicate and express themselves better than just boring text and emoticons. We have been rethinking communication ever since. PicoCandy wants to be the largest digital sticker distribution platform in the world. With currently over 1 million digital stickers, we're getting closer to this reality every single day.

Playbasis

Seed Round in 2014
Playbasis provides a cloud-based technology platform which makes it easy for businesses to launch modern applications that are fun, engaging, and rewarding for millennial audiences. Playbasis generates revenue through a B2B, software-as-a-service subscription business model where customers only pay for the services that they use.

Playbasis

Seed Round in 2013
Playbasis provides a cloud-based technology platform which makes it easy for businesses to launch modern applications that are fun, engaging, and rewarding for millennial audiences. Playbasis generates revenue through a B2B, software-as-a-service subscription business model where customers only pay for the services that they use.

Syndacast

Seed Round in 2013
Syndacast is a data, technology and results driven online media agency serving global brands in Asia Pacific. We operate by global standards and deliver top-tier solutions for clients, from generating awareness to driving conversions. We are headquartered in Bangkok, Thailand, and have office locations in Singapore, Melbourne (2017) and Delhi. Syndacast has gained considerable recognition in delivering performance beyond clients’ expectations, especially in the Hotel, Airline, Banking, Insurance, and Real Estate Development industries. Our clients include global hospitality brands such as AccorHotels and the InterContinental Hotels Group across the region, Apollo Hospitals in India, several large Real Estate developers in Bangkok such as Ananda Development and Major Development, top 5 banking and insurance providers in Thailand, and several Singapore government agencies, to name a few. We are an official Google Premier Partner, and have forged data partnership with Sojern and Wego, travel intent data providers. Our core services are built with performance in mind: Search Engine Marketing, Programmatic Display, Premium Display, Content Marketing and Social Media Marketing. At Syndacast we ensure our services are at the forefront of Digital Marketing trends, with a particular focus on audience data, conversion and attribution.

e27

Venture Round in 2013
e27 is a media company focused on Asia’s technology startup ecosystem. The company provides reports on the latest news that impacts the technology startup ecosystem and technology industry, highlights web and mobile applications that emerge from Asia, profiles the founders behind these startups, and provides its readers with thoughts and insights from industry professionals and mentors. It also organizes the Echelon Conference, a technology startup event for entrepreneurs, innovators, investors, government organizations, and technology companies to impart their knowledge and passion to delegates. e27 was founded in 2006 and is based in Singapore.

WhatsNew Asia

Seed Round in 2013
Whatsnew is a background parent company for the various properties under its umbrella. The current properties are Venbi.com, Petloft.com, Sanoga.com, and Lafema.com. They each have their individual mission and branding, fulfilling the needs of the women’s audience for the specific niche identified within that market. Whatsnew’s ultimate goal is to identify all the demand of each of the niche markets within the region, responding to that demand by providing a boutique shopping experience to our customers. Whatsnew’s multi-vertical approach allows us to acquire customers at a low cost and then cross-pollinate to our higher margin websites. Whatsnew changed its operating to Moxy after an acquisition of Moxy St. in 2014. In 2015 Moxy merged with Bilna (Indonesian based e-commerce company) and are operating under the merged entity known as Orami.
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