CDC Group

CDC Group, established in 1948, is the UK’s Development Finance Institution wholly owned by the government. Its primary mission is to foster business development in Africa and South Asia, aiming to create jobs and improve living conditions in some of the world’s most impoverished regions. CDC invests strategically in sectors where job creation is most needed, including manufacturing, agribusiness, infrastructure, financial institutions, construction, health, and education. By supporting businesses in these areas, CDC seeks to stimulate economic growth and enhance the private sector in regions where it is often underdeveloped. Through its portfolio, which includes numerous investee businesses, CDC has demonstrated a significant impact on job creation and local economies, contributing to tax revenues and ultimately improving the lives of individuals in the communities it serves.

Andrew Brown

Managing Director and Deputy Chief Investment Officer

121 past transactions

Jingsil Intelligent

Series A in 2022
Jingsil Intelligent is a company that specializes in digital power distribution switches and intelligent power distribution management software. It intends to adapt to additional new energy and infrastructure application scenarios.

Paymob

Series B in 2022
Paymob Solutions S.A.E. is a digital payments enabler based in Cairo, Egypt, founded in 2015. The company operates a payment acceptance platform that allows users to convert cash payments into electronic transactions, thereby enhancing access to financial services for underserved populations in the Middle East and Africa. Paymob's offerings include integrated fraud detection, interactive dashboards, and compliance with PCI security standards, which help businesses of all sizes leverage digital payment solutions. By providing value-added integrated payment services, Paymob aims to bridge the financial inclusion gap and empower customers with various electronic payment and money transfer options, reducing risks associated with fraud and inefficiencies in cash handling.

Medikabazaar

Series D in 2022
medikabazaar is a India’s pioneering and largest B2B online marketplace helping healthcare and other medical establishments in the procurement of medical supplies. We disrupted the medical supply market and leveled the playing field by launching a large-scale digital platform in 2015. With a catalog of more than 100,000 products, Medikabazaar is a single contact for purchase of medical supplies. Medikabazaar’s online platform cuts across geographical distances and enables the medical institutions in tier 2, 3 cities and remote locations in India to get quality medical supplies at competitive prices with the doorstep delivery. With its vast distribution setup, Medikabazaar aims to make last mile delivery of medical supplies available to every pin-code across India. We are presently serving 15,000+ Medical Centers; 80,000+ independent doctors and clinics across India for their regular medical supplies. We started from a one-room office in Mumbai, now we have 6 state-of-the-art regional offices and fulfillment centers spread across India. Our recent achievement includes National Icon Award 2018 for being India’s largest marketplace of medical equipment & devices.

Apollo Agriculture

Series B in 2022
Apollo Agriculture is a company based in Nairobi, Kenya, that provides essential financial and technical support to smallholder farmers in emerging markets. Founded in 2015, it offers customized farming loans that enable farmers to purchase vital inputs such as seeds, fertilizers, and crop insurance. Utilizing agronomic machine learning, remote sensing, and mobile technology, Apollo assesses credit risk and tailors its services to each farmer's specific circumstances, enhancing their productivity and profitability. By leveraging satellite and soil data, along with insights into farmer behavior, Apollo aims to double farm yields and promote sustainable agricultural practices. The company's innovative approach combines technology with expert advice, positioning it as a key player in the agricultural sector.

Aavas Financiers

Post in 2022
Aavas Financiers Limited is a housing finance company that specializes in providing loans primarily to low and middle-income customers in semi-urban and rural areas of India. The company offers a range of financial products, including home loans for purchasing or constructing residential properties, land purchase and construction loans, home improvement loans, and home equity loans. Additionally, Aavas provides micro, small, and medium enterprise loans aimed at supporting business expansion and working capital needs. Operating through a network of branches across various states, including Rajasthan, Maharashtra, and Gujarat, Aavas Financiers focuses on serving the underserved segments of the housing market. Established in 2011 and headquartered in Jaipur, the company was initially known as AU Housing Finance Limited before rebranding in 2017. As of mid-2020, Aavas Financiers Limited was taken private.

M-Kopa

Venture Round in 2022
M-Kopa Kenya Limited is a leading provider of solar home systems, specializing in pay-as-you-go energy services for off-grid customers. Founded in 2011 and based in Nairobi, Kenya, M-Kopa began commercial operations in 2012 and has since expanded its reach to Uganda and Tanzania. The company offers a range of solar products, including systems that provide lighting, phone charging, and solar-powered radios, which are sold through over 1,000 retail agents and shops. M-Kopa utilizes a proprietary technology platform that integrates mobile payments and IoT connectivity, allowing customers without credit histories to access essential products and services. With a dedicated team of over 500 staff, the company is committed to delivering innovative solutions that meet the needs of underserved communities, continually improving its offerings through data-driven insights and customer relationship management.

AgDevCo

Venture Round in 2022
AgDevCo is a social impact investor and agribusiness project developer, incorporated as a non-for-profit distribution, limited companyin.

Loadshare Networks

Series C in 2022
Loadshare Networks Private Limited is a logistics service provider based in Bengaluru, India, with additional offices in Kolkata, New Delhi, and Guwahati. Founded in 2017, the company offers a comprehensive range of services, including first mile, line-haul, last mile deliveries, e-commerce forward deliveries, and reverse pickups, catering to various sectors such as e-commerce, financial services, and B2B logistics. The company operates primarily across North East, East India, South India, Rajasthan, Uttar Pradesh, and metropolitan areas. Loadshare Networks also provides a technology platform and modular logistics software solutions, supporting small and medium businesses in optimizing their logistics operations through regional expertise and efficient decision-making.

Tyme

Series B in 2021
TymeBank is a fully black-owned and controlled investment company based in South Africa. It is an exclusively digital retail bank that aims to provide every South African accessible and affordable banking so that they can take part in, grow and benefit from the country’s economy.

TradeDepot

Series B in 2021
TradeDepot Inc. develops a SaaS platform for FMCG distribution in Africa. It enables predictive trade intelligence to leapfrog the competition, real-time access to distributors' stock levels, receive bulk orders online, and auto-generate sales promotions to boost sales. It helps to connects with distributors, wholesalers and retailers online, on one platform. The company was founded in 2016 and is based in Lagos, Nigeria with additional office in Wilmington, Delaware.

Bizongo

Series D in 2021
Bizongo is an online B2B marketplace focused on the packaging and material handling industries, offering solutions for packaging sourcing, distribution, inventory management, and design. Established in 2015 and headquartered in Mumbai, India, the company operates an automated supply chain platform that facilitates efficient inventory management while minimizing issues such as stockouts and excess inventory. Bizongo's vendor digitization platform enhances supply chain operations for made-to-order products, providing services such as digital vendor management, supply chain automation, and financing. By streamlining these processes, Bizongo helps businesses optimize their operations and reduce costs.

Indifi

Series D in 2021
Indifi Technologies Pvt. Ltd. operates a digital lending platform that connects small businesses in India with lenders, facilitating access to loans for those with potential but limited access to traditional financing options. Founded in 2015 and based in Gurugram, the company utilizes technology to gather and analyze data from various sources, assessing the creditworthiness of businesses based on their performance and industry context. This approach allows Indifi to identify low-risk, high-potential borrowers, thereby increasing their chances of securing funding. The platform supports a variety of sectors, including e-commerce, travel, hospitality, retail, and trading. Additionally, Indifi offers lifecycle support services for lenders, encompassing marketing, customer relationship management, data aggregation, loan monitoring, and payment management, ultimately creating a streamlined process for both borrowers and lenders.

Leap India (Logistics)

Debt Financing in 2021
Leap India Food and Logistics Limited is an agricultural warehousing and logistics company based in Coimbatore, India, founded in 2016. The company specializes in the manufacture and operation of agricultural silos and grain storage facilities. Leap India addresses grain storage challenges in India by developing and managing modern food storage and logistics platforms. These services are designed to assist both government and commercial organizations by facilitating dedicated corridors for the efficient mass handling of grains, addressing the needs of both procurement and deficit zones.

Pula

Grant in 2021
Pula GmbH is an insurance intermediary based in Mollis, Switzerland, specializing in agricultural insurance broking services. The company focuses on providing data-driven insurance solutions for small-scale farmers across six countries in Africa. By leveraging machine learning and analyzing weather patterns and farm losses, Pula helps farmers navigate climate risks and enhance their agricultural practices. Through the use of mobile technology, Pula empowers hundreds of thousands of smallholders to protect their crops and make informed financial decisions, ultimately enabling them to invest in their farms and improve their overall income.

Vayana Network

Venture Round in 2021
Vayana Network is a financing network that enables Businesses and their Trade Partners to capture their entire receivable and payable trades electronically and finance through Banks and Financial Institutions. Businesses can finance their payables, or factor their receivables or make financing available to their counterparties. Vayana Network, in partnership with MasterCard and Banks, also offers its award winning Commercial Card solution for Payable financing.

Sun King

Debt Financing in 2021
Greenlight Planet Inc. develops and manufactures solar lighting and energy devices aimed at underserved populations. Founded in 2009 and based in Chicago, Illinois, with offices in Mumbai and Nairobi, the company designs products like the Sun King solar lamps and home energy systems. These products are distributed through a network of partners, including micro-finance institutions and local micro-entrepreneurs, enhancing accessibility to affordable solar energy solutions. Greenlight Planet's mission focuses on delivering reliable and cost-effective home energy products to improve the living conditions of households in the developing world. The company operates in various countries across Africa and India, ensuring a broad reach for its innovative solar technologies.

AgroStar

Series D in 2021
AgroStar is a leading AgTech start-up in India dedicated to supporting farmers by offering a comprehensive range of agricultural solutions. Through its technology platform, AgroStar provides agronomy advice, services, and agricultural input products that aim to enhance farmers' productivity and income. The platform leverages extensive data and agronomy expertise to deliver tailored solutions to Indian farmers. Operating primarily in Gujarat, Maharashtra, and Rajasthan, AgroStar serves over 500,000 farmers, who can access solutions for their entire crop life-cycle via a simple missed call or through its highly-rated Android app. The company's offerings include expert advice, personalized content, and agricultural inputs such as seeds and nutrients. Over the next five years, AgroStar plans to expand its services, providing farmers with a wider range of inputs delivered to their doorsteps, superior agronomy guidance, and improved access to market linkages and credit.

Medikabazaar

Series C in 2021
medikabazaar is a India’s pioneering and largest B2B online marketplace helping healthcare and other medical establishments in the procurement of medical supplies. We disrupted the medical supply market and leveled the playing field by launching a large-scale digital platform in 2015. With a catalog of more than 100,000 products, Medikabazaar is a single contact for purchase of medical supplies. Medikabazaar’s online platform cuts across geographical distances and enables the medical institutions in tier 2, 3 cities and remote locations in India to get quality medical supplies at competitive prices with the doorstep delivery. With its vast distribution setup, Medikabazaar aims to make last mile delivery of medical supplies available to every pin-code across India. We are presently serving 15,000+ Medical Centers; 80,000+ independent doctors and clinics across India for their regular medical supplies. We started from a one-room office in Mumbai, now we have 6 state-of-the-art regional offices and fulfillment centers spread across India. Our recent achievement includes National Icon Award 2018 for being India’s largest marketplace of medical equipment & devices.

BetterPlace

Series C in 2021
BetterPlace Safety Solutions Private Limited, founded in 2015 and based in Bengaluru, India, operates a workforce management platform tailored for the informal and semi-formal blue-collar workforce. The platform facilitates the hiring, management, and engagement of employees while providing managed services. BetterPlace aims to enhance the quality of life for workers by fostering a trusting relationship between them and their employers, ultimately enabling access to better job opportunities, financial stability, and health benefits. Through the use of data analytics and application tools, BetterPlace strives to ensure safe living conditions for all citizens by integrating technology with the efforts of various stakeholders.

Halan

Venture Round in 2021
Halan is a ride-hailing application based in Cairo, Egypt, that specializes in providing two and three-wheeler vehicle rides and on-demand logistics services. Founded in November 2017, the platform allows users to request motorbike or tuk-tuk rides and order food or goods for delivery via motorbikes and cargo tricycles. In addition to catering to individual customers, Halan offers smart-tech last-mile delivery solutions to support both large organizations and small businesses in their distribution and supply chain needs. The application enhances convenience and safety for users while providing drivers with opportunities for incremental business. Halan has established partnerships with notable fast-food chains such as McDonald’s, KFC, and Pizza Hut, further solidifying its presence in the logistics and ride-hailing market.
Commercial Bank of Ceylon PLC is a prominent financial institution in Sri Lanka, also extending its services to Bangladesh. Established in 1920 and headquartered in Colombo, the bank offers a comprehensive range of commercial banking products and services. Its operations are divided into several segments, including Personal Banking, Corporate Banking, International operations, Investment Banking, and Dealing and Treasury. The bank provides various financial products such as current and savings accounts, fixed deposits, loans (including home and personal loans), credit and debit cards, and treasury services. Additionally, it engages in trade finance, foreign currency services, and investment banking. The bank also offers specialized services like bancassurance and Islamic banking, along with digital banking options. With a robust network of 287 branches and 865 ATMs, Commercial Bank of Ceylon aims to cater to diverse customer needs efficiently.

Africa Mobile Networks

Private Equity Round in 2021
Africa Mobile Networks Ltd finances, builds, and operates mobile network base stations in Sub-Saharan Africa region, connecting the unconnected rural population. The company combines low power Base Transceiver Station (BTS) transmitters with Very Small Aperture Terminal (VSAT) satellite technology and directs traffic onto an existing network, using solar panels to power the systems. Africa Mobile Networks Ltd was founded in 2013 and is based in Milton Keynes, United Kingdom.

Ecobank

Post in 2021
Ecobank Transnational Incorporated, established in 1985 and headquartered in Lomé, Togo, is a banking institution that provides a comprehensive range of retail, corporate, and investment banking services across Africa and internationally. The bank operates through three main segments: Corporate & Investment Banking, Commercial Banking, and Consumer Banking. Its offerings include various account types, personal and asset acquisition loans, mortgages, and payment cards, along with internet and mobile banking services. Additionally, Ecobank provides bancassurance, remittances, foreign exchange, trade finance, and cash management services. The bank serves a diverse clientele, including individuals, multinationals, government agencies, and small to medium-sized enterprises. With a network of 888 branches and over 2,460 ATMs, Ecobank has positioned itself as a key player in the West African banking sector, addressing the needs of a region previously dominated by foreign and state-owned banks.

The City Bank

Debt Financing in 2021
From 1983 till date, City Bank has been a case study in evolution, having transformed over time from a traditional organization to a critically acclaimed multi-faceted institution that embraces global best practices and chooses to be at the forefront of technological initiatives. Unlike many, the Bank's criteria for success are not only the bottom-line numbers but also the milestones set towards becoming the most complete bank in the country.

TeamApt

Series B in 2021
TeamApt is a financial technology company focused on, developing Digital Banking, Digital Business solutions, and running Payments Infrastructure by rethinking the needs of consumers, businesses, and the financial industry. Beginning operations in 2015, TeamApt was borne from a desire to create financial happiness, building solutions and tools for businesses and individuals to happily manage money. TeamApt is proudly Nigerian but globally focused, with an eclectic mix of backend, frontend, reliability, quality assurance, distributed data storage engineers to ensure critical solutions and products for our customers are built right, securely, scalably and reliably. Our end goal is to see our customers happy which can only happen when they succeed using our solutions to run their daily lives and businesses.

Niramai

Grant in 2021
Niramai Health Analytix Private Limited develops cancer screening SaaS software Thermalytix, that uses machine intelligence over thermography images. It provides hardware-software solutions, such as compact screening device with cloud processing for specialty hospitals; handheld device with real-time cloud-based diagnostics for independent medical practitioners; and a portable solution for large-scale screenings. The company was incorporated in 2016 and is based in Bengaluru, India.

Absa group (Bank)

Funding Round in 2021
Absa Group Limited is a prominent financial services provider based in Johannesburg, South Africa, offering a diverse range of products and services both locally and internationally. The company specializes in personal and business banking, corporate and investment banking, as well as wealth and investment management. Its offerings include residential property finance, vehicle and asset finance, credit cards, personal loans, and a variety of insurance products. Absa also provides commercial property finance, agricultural loans, and a suite of transactional banking options, including savings and investment services. Additionally, the bank offers investment banking services, private equity, and corporate banking products, along with life insurance and fiduciary services. Absa's commitment to serving individual, enterprise, and commercial customers is evident through its comprehensive financial solutions, which include treasury services and cash management. The company was previously known as Barclays Africa Group Limited before rebranding to Absa Group Limited in May 2018.

Fourth Partner Energy

Debt Financing in 2021
Fourth Partner Energy is a prominent integrated solar solutions provider based in Hyderabad, India. Established in 2010, the company specializes in offering comprehensive solar energy solutions, including the design, planning, procurement, construction, operation, maintenance, and financing of both small and large solar power projects. Fourth Partner Energy manufactures a range of solar energy applications, such as solar lanterns, home lighting systems, solar street lights, and photovoltaic panels. With a commitment to sustainability, the company aims to build and manage a substantial portfolio of decentralized solar power assets across the country. It holds ISO 9001:2015 and ISO 14001:2015 certifications for quality and environmental management, respectively, and is recognized as a 'Category A' Channel Partner by the Ministry of New and Renewable Energy. Additionally, Fourth Partner Energy collaborates with various state nodal agencies to enhance renewable energy access and efficiency for its customers.

Bizongo

Series C in 2021
Bizongo is an online B2B marketplace focused on the packaging and material handling industries, offering solutions for packaging sourcing, distribution, inventory management, and design. Established in 2015 and headquartered in Mumbai, India, the company operates an automated supply chain platform that facilitates efficient inventory management while minimizing issues such as stockouts and excess inventory. Bizongo's vendor digitization platform enhances supply chain operations for made-to-order products, providing services such as digital vendor management, supply chain automation, and financing. By streamlining these processes, Bizongo helps businesses optimize their operations and reduce costs.

Ecom Express

Venture Round in 2021
Ecom Express Private Limited provides cargo transportation services. It offers pre-paid, cash on delivery, cash before delivery, dropship, and reverse logistics services. Ecom Express Private Limited was incorporated in 2012 and is headquartered in Gurugram, India.

Kashf Foundation

Debt Financing in 2021
Founded in 1996, Kashf Foundation has worked to pioneer microfinance services that empower and promote the economic self-reliance of poor women and their families in Pakistan. Kashf is now one of the premier microfinance institutions in the country, disbursing $202 million USD in loans to date and providing more than one million people with access to financial capital.

Ergos

Series A in 2021
Ergos Business Solutions Pvt Ltd is a technology-driven company focused on enhancing the agricultural supply chain for farmers in India. Founded in 2010 and based in Bengaluru, Ergos develops a platform that facilitates the digitization of food grains, offering services such as storage, credit, and liquidation. The company is establishing micro warehouses to create an integrated supply chain, allowing farmers to store their produce securely and access financial services. By leveraging technology, Ergos empowers farmers to avoid distress sales, reduce wastage, and manage their liquidity needs through partnerships with financial institutions. This approach enables farmers to sell their produce at favorable times, resulting in potential income increases of 25% to 30%. Overall, Ergos aims to transform the agricultural landscape by converting produce into a financial asset for farmers.

Bizongo

Series C in 2021
Bizongo is an online B2B marketplace focused on the packaging and material handling industries, offering solutions for packaging sourcing, distribution, inventory management, and design. Established in 2015 and headquartered in Mumbai, India, the company operates an automated supply chain platform that facilitates efficient inventory management while minimizing issues such as stockouts and excess inventory. Bizongo's vendor digitization platform enhances supply chain operations for made-to-order products, providing services such as digital vendor management, supply chain automation, and financing. By streamlining these processes, Bizongo helps businesses optimize their operations and reduce costs.

CropIn

Series C in 2021
CropIn is an innovative agri-tech organization that specializes in providing software-as-a-service (SaaS) solutions for agribusinesses worldwide. By leveraging advanced technologies such as big data analytics, artificial intelligence, machine learning, and remote sensing, CropIn facilitates the integration of various stakeholders within the agricultural ecosystem. This interconnected network allows clients to analyze data and gain real-time insights on crop performance, thereby enhancing operational efficiency and sustainability. CropIn aims to maximize the value of farmland and ensure traceability in farming practices. To date, the company has digitized over 5.5 million acres of farmland, positively impacting approximately 2.1 million farmers while collecting data on over 380 crops and 3,600 crop varieties across more than 46 countries. Through its solutions, CropIn supports initiatives focused on digitization, compliance, and food safety, ultimately improving the financial and operational aspects of agriculture.

Ayana Renewable Power

Private Equity Round in 2020
Ayana Renewable Power Private Limited develops utility-scale solar and wind generation projects in India, Bangladesh, Nepal, Bhutan, Myanmar, and Sri Lanka. Ayana Renewable Power Private Limited was founded in 2017 and is headquartered in Bengaluru, India.

TVS Industrial & Logistics Parks

Private Equity Round in 2020
TVS Industrial & Logistics Parks engages in the Logistics Parks, Industrial Facilities & EPC segment across various strategic belts of the country.

Ergos

Series A in 2020
Ergos Business Solutions Pvt Ltd is a technology-driven company focused on enhancing the agricultural supply chain for farmers in India. Founded in 2010 and based in Bengaluru, Ergos develops a platform that facilitates the digitization of food grains, offering services such as storage, credit, and liquidation. The company is establishing micro warehouses to create an integrated supply chain, allowing farmers to store their produce securely and access financial services. By leveraging technology, Ergos empowers farmers to avoid distress sales, reduce wastage, and manage their liquidity needs through partnerships with financial institutions. This approach enables farmers to sell their produce at favorable times, resulting in potential income increases of 25% to 30%. Overall, Ergos aims to transform the agricultural landscape by converting produce into a financial asset for farmers.

Liquid Intelligent Technologies

Funding Round in 2020
Liquid Telecom is an independent data, voice, and IP provider that commits to build a digital future. Liquid Telecom has built Africa’s largest single fibre network, currently stretching over 18,000km across Uganda, Kenya, Rwanda, Zambia, Zimbabwe, Botswana, DRC, Lesotho and South Africa. The award-winning Pan-African fibre network covers Africa’s fastest growing economies, where no fixed network has existed before.

Sun King

Private Equity Round in 2020
Greenlight Planet Inc. develops and manufactures solar lighting and energy devices aimed at underserved populations. Founded in 2009 and based in Chicago, Illinois, with offices in Mumbai and Nairobi, the company designs products like the Sun King solar lamps and home energy systems. These products are distributed through a network of partners, including micro-finance institutions and local micro-entrepreneurs, enhancing accessibility to affordable solar energy solutions. Greenlight Planet's mission focuses on delivering reliable and cost-effective home energy products to improve the living conditions of households in the developing world. The company operates in various countries across Africa and India, ensuring a broad reach for its innovative solar technologies.

mPharma

Series C in 2020
mPharma Data, Inc. is a technology-driven company based in Accra, Ghana, with an additional location in Lexington, Massachusetts. Founded in 2013, it focuses on improving access to high-quality medications in emerging markets by connecting physicians, pharmacies, and patients through its application. The company aggregates real-time market data on prescription trends, drug consumption, and adverse reactions, providing valuable insights to pharmaceutical manufacturers, distributors, and governments. mPharma offers a pharmacy network application that centralizes inventories from multiple pharmacies, enabling easier drug searches for physicians and patients. Additionally, the company provides subscription-based data analytics for actionable insights on drug consumption and diagnosis, along with prescription management tools to assist healthcare providers in locating various medicines. By partnering with drug manufacturers, insurance companies, and governments, mPharma aims to facilitate affordable access to essential medications for patients.

Loadshare Networks

Series B in 2020
Loadshare Networks Private Limited is a logistics service provider based in Bengaluru, India, with additional offices in Kolkata, New Delhi, and Guwahati. Founded in 2017, the company offers a comprehensive range of services, including first mile, line-haul, last mile deliveries, e-commerce forward deliveries, and reverse pickups, catering to various sectors such as e-commerce, financial services, and B2B logistics. The company operates primarily across North East, East India, South India, Rajasthan, Uttar Pradesh, and metropolitan areas. Loadshare Networks also provides a technology platform and modular logistics software solutions, supporting small and medium businesses in optimizing their logistics operations through regional expertise and efficient decision-making.

Loadshare Networks

Series B in 2020
Loadshare Networks Private Limited is a logistics service provider based in Bengaluru, India, with additional offices in Kolkata, New Delhi, and Guwahati. Founded in 2017, the company offers a comprehensive range of services, including first mile, line-haul, last mile deliveries, e-commerce forward deliveries, and reverse pickups, catering to various sectors such as e-commerce, financial services, and B2B logistics. The company operates primarily across North East, East India, South India, Rajasthan, Uttar Pradesh, and metropolitan areas. Loadshare Networks also provides a technology platform and modular logistics software solutions, supporting small and medium businesses in optimizing their logistics operations through regional expertise and efficient decision-making.

BigBasket

Debt Financing in 2020
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.

BigBasket

Venture Round in 2020
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.

iMerit

Series B in 2020
iMerit Technology Services Pvt. Ltd. is a data and digital services provider specializing in on-demand solutions tailored for machine learning, computer vision, and natural language processing. Established in 2011 and headquartered in Kolkata, India, the company offers a range of services including data annotation, segmentation, image labeling, enrichment, extraction, moderation, categorization, sentiment analysis, and transcription. iMerit collaborates with global clients to enhance their data, thereby optimizing the performance of their algorithms in various sectors such as e-commerce, augmented reality, and data analytics. The company plays a significant role in advancing transformative technologies, contributing to initiatives like cancer research and autonomous vehicle development. With a workforce exceeding 2,000 employees, more than half of whom are women, iMerit promotes digital inclusion and social change by leveraging an under-resourced talent pool.

STS Holdings

Private Equity Round in 2020
STS Holdings is dedicated to providing multidisciplinary medical care and backed by state-of-the-art facilities, Apollo Hospitals Dhaka offers team-based quality patient care that is widely acknowledged to be amongst the best in Bangladesh.

Mettle

Debt Financing in 2020
Mettle operates as a diversified financial services and investment holding company based in South Africa. Founded in 1995, it provides a wide range of specialized financial solutions, including asset-backed short-term lending, debtor finance, working capital finance, and corporate finance. Mettle serves a diverse clientele that includes international corporations, small and medium enterprises, and individuals. In addition to its financial services, the company is involved in the solar energy sector, offering design, installation, financing, and maintenance of commercial and industrial solar photovoltaic systems. These systems cater to various needs, including grid-connected, hybrid, and off-grid solutions. Mettle's innovative approach and comprehensive offerings position it as a key player in both the financial and renewable energy markets.

Cholamandalam

Post in 2020
Cholamandalam Investment and Finance Company Limited is a non-banking finance company based in Chennai, India, and serves as the financial services arm of the Murugappa Group. Established in 1978, it provides a wide range of financial services through three primary segments: Vehicle Finance Loans, Home Equity, and Other Loans. The company offers various loan products including two-wheeler and commercial vehicle loans, tractor loans, and home loans for self-construction and property purchases. Additionally, it provides loans against property and business loans for small and medium enterprises, as well as rural and agricultural financing. Cholamandalam also engages in wealth management services, encompassing mutual funds, fixed deposits, and insurance products. Its insurance division, established in 2001, offers a variety of assurance schemes for both individuals and corporate clients, including health, motor, and property insurance. As of March 31, 2020, Cholamandalam operated a network of 1,091 branches across India.

Dr. Agarwal's

Post in 2019
Dr. Agarwal's Eye Hospital Limited is a prominent healthcare provider specializing in eye care and treatment, with operations in India and internationally. Founded in 1957 by Dr. R.S. Agarwal in Delhi, the organization has grown to encompass a network of hospitals, clinics, and research facilities. The hospital offers a wide range of services, including treatments for cataracts, glaucoma, corneal disorders, refractive issues, and pediatric ophthalmology, among others. Additionally, it is involved in healthcare-related activities and the operation of various medical facilities. With a commitment to advancing eye care, Dr. Agarwal's Eye Hospital has established itself as a leader in the field, contributing to the upliftment of community health and well-being.

Ecom Express

Private Equity Round in 2019
Ecom Express Private Limited provides cargo transportation services. It offers pre-paid, cash on delivery, cash before delivery, dropship, and reverse logistics services. Ecom Express Private Limited was incorporated in 2012 and is headquartered in Gurugram, India.

WorldLink Communications

Venture Round in 2019
WorldLink is the largest Internet and Network Service Provider in Nepal and one of the most prominent IT companies. Founded in September 1995 with the aim of providing Internet and IT services by its present Chairman and Managing Director, Dileep Agrawal. WorldLink started off by providing store-and-forward e-mail services over a dial-up link to the Internet in the US. In March 1997, WorldLink started providing full Internet access over a dedicated leased-line to the Internet backbone in the US through Teleglobe International. From September 1999 till June 2008, WorldLink has been connecting to the Internet over a direct satellite uplink through its own VSAT terminal, thereby completely bypassing Nepal Telecommunications Corporation, the local PTT.

PEG

Debt Financing in 2019
PEG, founded in 2013 by Hugh Whalan and Nate Heller, is an asset financing company headquartered in Accra, Ghana. The company specializes in selling Pay As You Go solar energy products to off-grid customers in Ghana, Côte d'Ivoire, and Senegal. PEG's offerings enable customers to access improved lighting, mobile phone charging, and essential appliances such as radios and televisions. By providing financing for these solar home systems, PEG aims to enhance the quality of life for its customers while promoting sustainable energy solutions in underserved regions.

BRAC Bank

Debt Financing in 2019
BRAC Bank Limited provides various commercial banking products and services in Bangladesh. The company offers retail, wholesale, small and medium enterprises (SME), and Probashi banking products and services. It provides various deposit products, such as current accounts, fixed deposits, SME deposits, savings accounts, and term deposits. The company also offers loan portfolio comprising personal loans, auto loans, home loans, and secured loans/overdrafts.

Indifi

Series C in 2019
Indifi Technologies Pvt. Ltd. operates a digital lending platform that connects small businesses in India with lenders, facilitating access to loans for those with potential but limited access to traditional financing options. Founded in 2015 and based in Gurugram, the company utilizes technology to gather and analyze data from various sources, assessing the creditworthiness of businesses based on their performance and industry context. This approach allows Indifi to identify low-risk, high-potential borrowers, thereby increasing their chances of securing funding. The platform supports a variety of sectors, including e-commerce, travel, hospitality, retail, and trading. Additionally, Indifi offers lifecycle support services for lenders, encompassing marketing, customer relationship management, data aggregation, loan monitoring, and payment management, ultimately creating a streamlined process for both borrowers and lenders.

Indifi

Series C in 2019
Indifi Technologies Pvt. Ltd. operates a digital lending platform that connects small businesses in India with lenders, facilitating access to loans for those with potential but limited access to traditional financing options. Founded in 2015 and based in Gurugram, the company utilizes technology to gather and analyze data from various sources, assessing the creditworthiness of businesses based on their performance and industry context. This approach allows Indifi to identify low-risk, high-potential borrowers, thereby increasing their chances of securing funding. The platform supports a variety of sectors, including e-commerce, travel, hospitality, retail, and trading. Additionally, Indifi offers lifecycle support services for lenders, encompassing marketing, customer relationship management, data aggregation, loan monitoring, and payment management, ultimately creating a streamlined process for both borrowers and lenders.

Frontiir

Private Equity Round in 2019
Frontiir Co. Ltd is an Internet service provider based in Yangon, Myanmar, dedicated to offering affordable digital access and information services to bridge the global digital divide. The company serves a diverse range of enterprise clients by providing ready-to-install business solutions as well as customized packages tailored to specific business needs. Frontiir develops its own network infrastructure, utilizing proprietary technology and unique wireless last-mile solutions to deliver low-cost, high-speed broadband internet services. Founded by three professionals with extensive expertise in information and communication technologies, including two MIT Ph.D. graduates, Frontiir leverages their combined 30 years of experience and holds several patents in wireless networking and IT.

Bank Of Africa

Post in 2019
BMCE Bank of Africa offers banking products for individuals, professionals, Moroccans living abroad. A confirmed upward trend, such is the result of the 2014 financial year, bringing out the consolidation of the financial base of BMCE Bank of Africa Group, with its earning power growing stronger year by year. This was recently again demonstrated by the record reached by the Net Income Attributable to the Parent, standing at MAD 1.944 billion, just under the bar of MAD 2 billion, accounting for more than the double of the amount of 2011, thus providing proof of concept for the Group’s strategic policy orientations, both in Morocco and abroad. Combined with the broader diversification of the business sectors, this performance further reflect the rising power of the Group, which is gaining a firmer foothold in Subsaharan Africa, inter alia through, the launch this year of the African Entrepreneurship Award, a competition with strong economic and social impact. Today, we have reached a new milestone in the development of BMCE Bank, which is gathering further strength as a continental Group, leveraging this powerful « Bank of Africa » brand name by coupling it with our prestigious BMCE Bank brand. « BMCE Bank of Africa » reflects our desire to extend our continental reach by setting up new establishments more especially in English-speaking and Portuguesespeaking parts of Africa. As a Maghrebian and Pan-African Group, our corporate responsibility is evidenced by all the commitments of our subsidiaries, acting as the operational and efficient vehicle. Whether this relates to financing of developmental projects or to community-based actions geared to promote financial inclusion, the Group, in its African dimension, has managed to position itself as a key player, highly involved in the economic, social and environmental development of the 30 countries where we are doing business. As part of 60th anniversary of the Independence of Morocco, 2015 will see the celebration of the 55th anniversary of the creation of Banque Marocaine du Commerce Extérieur, as well as the 20th anniversary of its privatization. We are confident that on these auspicious occasions, the accomplishments made by BMCE Bank and its subsidiaries will be far more striking, living up to the expectations of their shareholders, in line with the stature and the national and international outreach of BMCE Bank of Africa Group.

BigBasket

Series F in 2019
BigBasket is an online food and grocery store that delivers personal and household needs right to customers' doorstep. The company believes in being smart, quick, and efficient making life as leisurely as possible. Customers can browse through the vast range of products at bigbasket.com, order, and get them to be delivered at the customers' own convenient time slot. The company handpicks each and every product, putting it through a safety packaging process, and delivering to customers' home.

PEG

Series C in 2019
PEG, founded in 2013 by Hugh Whalan and Nate Heller, is an asset financing company headquartered in Accra, Ghana. The company specializes in selling Pay As You Go solar energy products to off-grid customers in Ghana, Côte d'Ivoire, and Senegal. PEG's offerings enable customers to access improved lighting, mobile phone charging, and essential appliances such as radios and televisions. By providing financing for these solar home systems, PEG aims to enhance the quality of life for its customers while promoting sustainable energy solutions in underserved regions.

PEG

Debt Financing in 2019
PEG, founded in 2013 by Hugh Whalan and Nate Heller, is an asset financing company headquartered in Accra, Ghana. The company specializes in selling Pay As You Go solar energy products to off-grid customers in Ghana, Côte d'Ivoire, and Senegal. PEG's offerings enable customers to access improved lighting, mobile phone charging, and essential appliances such as radios and televisions. By providing financing for these solar home systems, PEG aims to enhance the quality of life for its customers while promoting sustainable energy solutions in underserved regions.

Access Bank

Post in 2019
Access Bank provides banking products and services to individual and business customers in Ghana. It offers standard savings and current, access advantage, solo, and premier accounts. The company also provides online banking services that include ATM, online access, and point-of-sale terminal services; and bills payment and Western Union money transfer services.

Ayana Renewable Power

Private Equity Round in 2019
Ayana Renewable Power Private Limited develops utility-scale solar and wind generation projects in India, Bangladesh, Nepal, Bhutan, Myanmar, and Sri Lanka. Ayana Renewable Power Private Limited was founded in 2017 and is headquartered in Bengaluru, India.

TheBoardroom Africa

Venture Round in 2019
The Boardroom Africa, a recruiting company, provides female professionals that boards across the continent. The company provides training, placement, and development programme. The Boardroom Africa was founded in 2016 and is based in Ebene, Mauritius. The company has additional offices in Accra, Ghana and London, United Kingdom.

Aavas Financiers

Post in 2018
Aavas Financiers Limited is a housing finance company that specializes in providing loans primarily to low and middle-income customers in semi-urban and rural areas of India. The company offers a range of financial products, including home loans for purchasing or constructing residential properties, land purchase and construction loans, home improvement loans, and home equity loans. Additionally, Aavas provides micro, small, and medium enterprise loans aimed at supporting business expansion and working capital needs. Operating through a network of branches across various states, including Rajasthan, Maharashtra, and Gujarat, Aavas Financiers focuses on serving the underserved segments of the housing market. Established in 2011 and headquartered in Jaipur, the company was initially known as AU Housing Finance Limited before rebranding in 2017. As of mid-2020, Aavas Financiers Limited was taken private.

Liquid Intelligent Technologies

Funding Round in 2018
Liquid Telecom is an independent data, voice, and IP provider that commits to build a digital future. Liquid Telecom has built Africa’s largest single fibre network, currently stretching over 18,000km across Uganda, Kenya, Rwanda, Zambia, Zimbabwe, Botswana, DRC, Lesotho and South Africa. The award-winning Pan-African fibre network covers Africa’s fastest growing economies, where no fixed network has existed before.

UNICAF

Series B in 2018
Founded in 2012, Unicaf partners with western universities and offers its own locally accredited degrees to African young professionals who are looking to study largely online while continuing to work. The company has grown to over 8,000 students today, and is on track to reach over 60,000 students by the end of 2020.

Veritas Finance

Series D in 2018
Veritas Finance Private Limited is a non-banking finance company based in Chennai, India, established in 2015. It primarily serves micro, small, and medium enterprises (MSMEs) in rural and semi-urban areas, addressing the financial needs of customers who often lack access to traditional banking services. The company offers a range of financial products, including working capital loans, construction loans, and financing for business expansion and asset purchases. Veritas Finance aims to positively impact the lives of individuals engaged in informal activities by providing inclusive access to financial services, thereby supporting the growth of the MSME sector in India. The organization is led by experienced professionals in the financial services industry, dedicated to simplifying the credit process for underserved communities.

Veritas Finance

Series C in 2018
Veritas Finance Private Limited is a non-banking finance company based in Chennai, India, established in 2015. It primarily serves micro, small, and medium enterprises (MSMEs) in rural and semi-urban areas, addressing the financial needs of customers who often lack access to traditional banking services. The company offers a range of financial products, including working capital loans, construction loans, and financing for business expansion and asset purchases. Veritas Finance aims to positively impact the lives of individuals engaged in informal activities by providing inclusive access to financial services, thereby supporting the growth of the MSME sector in India. The organization is led by experienced professionals in the financial services industry, dedicated to simplifying the credit process for underserved communities.

M-Kopa

Venture Round in 2018
M-Kopa Kenya Limited is a leading provider of solar home systems, specializing in pay-as-you-go energy services for off-grid customers. Founded in 2011 and based in Nairobi, Kenya, M-Kopa began commercial operations in 2012 and has since expanded its reach to Uganda and Tanzania. The company offers a range of solar products, including systems that provide lighting, phone charging, and solar-powered radios, which are sold through over 1,000 retail agents and shops. M-Kopa utilizes a proprietary technology platform that integrates mobile payments and IoT connectivity, allowing customers without credit histories to access essential products and services. With a dedicated team of over 500 staff, the company is committed to delivering innovative solutions that meet the needs of underserved communities, continually improving its offerings through data-driven insights and customer relationship management.

Future Consumer

Debt Financing in 2018
Future Consumer is a data and tech-driven FMCG company that builds brands for India's Fast Moving Consumer Generation. It works with almost real-time customer data to deliver frequency, understand repeats, create promotions and alerts of customers. It has a digital-commerce first and modern retail-led distribution model for all its brands. It is headquartered in Mumbai, India.
Asian Institute of Medical Sciences is a 425 bedded super specialty hospital in Delhi NCR, India which is dedicated to provide accessible, affordable and best available healthcare services in India. Accredited by NABH and NABL, Asian Hospital Faridabad provides preventive, diagnostic, therapeutic, rehabilitative, palliative and supportive services all under one roof and is designed to meet patient care and research requirements of the new millennium. Asian Institute of Medical Sciences offers comprehensive multi-specialty tertiary care facilities through its 14 centres of excellence. - ASIAN CANCER CENTRE - ASIAN CENTRE FOR BONE MARROW TRANSPLANT - ASIAN HEART CENTRE - ASIAN CENTRE FOR ADVANCED SURGERY - ASIAN CENTRE FOR NEUROLOGY AND NEUROSURGERY - ASIAN CENTRE FOR UROLOGY AND KIDNEY TRANSPLANT - ASIAN CENTRE FOR RENAL DISEASES - ASIAN CENTRE FOR BONE AND JOINTS - ASIAN CENTRE FOR ADVANCED IMAGING - ASIAN CENTRE FOR GASTROENTEROLOGY - ASIAN CENTRE FOR MOTHER AND CHILD - ASIAN CENTRE FOR BARIATRIC & METABOLIC SURGERY - ASIAN CENTRE FOR AESTHETIC SURGERY & MEDICINE - ASIAN IVF CENTRE

Veritas Finance

Debt Financing in 2017
Veritas Finance Private Limited is a non-banking finance company based in Chennai, India, established in 2015. It primarily serves micro, small, and medium enterprises (MSMEs) in rural and semi-urban areas, addressing the financial needs of customers who often lack access to traditional banking services. The company offers a range of financial products, including working capital loans, construction loans, and financing for business expansion and asset purchases. Veritas Finance aims to positively impact the lives of individuals engaged in informal activities by providing inclusive access to financial services, thereby supporting the growth of the MSME sector in India. The organization is led by experienced professionals in the financial services industry, dedicated to simplifying the credit process for underserved communities.

Veritas Finance

Series B in 2017
Veritas Finance Private Limited is a non-banking finance company based in Chennai, India, established in 2015. It primarily serves micro, small, and medium enterprises (MSMEs) in rural and semi-urban areas, addressing the financial needs of customers who often lack access to traditional banking services. The company offers a range of financial products, including working capital loans, construction loans, and financing for business expansion and asset purchases. Veritas Finance aims to positively impact the lives of individuals engaged in informal activities by providing inclusive access to financial services, thereby supporting the growth of the MSME sector in India. The organization is led by experienced professionals in the financial services industry, dedicated to simplifying the credit process for underserved communities.

M-Kopa

Series D in 2017
M-Kopa Kenya Limited is a leading provider of solar home systems, specializing in pay-as-you-go energy services for off-grid customers. Founded in 2011 and based in Nairobi, Kenya, M-Kopa began commercial operations in 2012 and has since expanded its reach to Uganda and Tanzania. The company offers a range of solar products, including systems that provide lighting, phone charging, and solar-powered radios, which are sold through over 1,000 retail agents and shops. M-Kopa utilizes a proprietary technology platform that integrates mobile payments and IoT connectivity, allowing customers without credit histories to access essential products and services. With a dedicated team of over 500 staff, the company is committed to delivering innovative solutions that meet the needs of underserved communities, continually improving its offerings through data-driven insights and customer relationship management.

ONOMO Hotels

Venture Round in 2017
ONOMO Hotels, founded in 2009 and headquartered in Casablanca, Morocco, specializes in the design, development, ownership, and management of hotels. The company aims to cater to a dynamic pan-African and international business clientele by offering a high level of comfort at affordable prices. ONOMO Hotels focuses on optimizing services, accessibility, connectivity, and security, all while drawing inspiration from the rich qualities of African culture and maintaining harmony with the local environment. Through its innovative hotel projects, ONOMO Hotels seeks to create a welcoming atmosphere that reflects both modern needs and local heritage.

M-Kopa

Debt Financing in 2017
M-Kopa Kenya Limited is a leading provider of solar home systems, specializing in pay-as-you-go energy services for off-grid customers. Founded in 2011 and based in Nairobi, Kenya, M-Kopa began commercial operations in 2012 and has since expanded its reach to Uganda and Tanzania. The company offers a range of solar products, including systems that provide lighting, phone charging, and solar-powered radios, which are sold through over 1,000 retail agents and shops. M-Kopa utilizes a proprietary technology platform that integrates mobile payments and IoT connectivity, allowing customers without credit histories to access essential products and services. With a dedicated team of over 500 staff, the company is committed to delivering innovative solutions that meet the needs of underserved communities, continually improving its offerings through data-driven insights and customer relationship management.

Alcazar Energy

Debt Financing in 2017
Alcazar Energy is a renewable energy company based in Dubai, United Arab Emirates, focusing on the Middle East, Turkey, and Africa. Founded in 2014, it specializes in the origination, development, structuring, acquisition, and operation of solar and wind energy projects. The company aims to drive the growth of renewable energy generation in the region by leveraging its expertise and partnerships in the sector. Alcazar Energy not only develops its own projects but also manages investment funds that target renewable energy assets, emphasizing environmental, social, and governance (ESG) principles in its operations. Through its initiatives, Alcazar Energy contributes to the transition towards sustainable energy solutions in emerging markets.

Solon Capital Partners

Venture Round in 2017
Solon Capital Partners is a private equity investment firm established in 2010 and located in Freetown, Sierra Leone. The firm focuses on buyout investments, aiming to maximize risk-adjusted returns for its investors. Solon Capital Partners specializes in developing and managing high-growth businesses that are essential to emerging markets, thereby contributing to economic development in the region.

RBL Bank

Post in 2017
RBL Bank is one of India’s fastest growing scheduled commercial banks. It is continuously expanding its presence across India through a growing network of branches and ATMs. Established in 1943, RBL Bank undertook a transformational journey under a new management team in 2010. RBL Bank embarked on an aggressive growth plan based on a robust platform of strong governance, relationships, technology infrastructure, high quality capital and geographic expansion. Over the last two years, it has infused capital of over र 1,100 Crore from some of the most notable global and domestic names, taking the TIER 1 capital to र 1,600 Crore (approx.) Today, RBL Bank offers specialized services under the five business verticals: namely Corporate & Institutional Banking, Commercial Banking, Retail Banking, Agri & Development Banking and Financial Markets. The bank currently services over 5 Lakh customers and has a total business size of over Rs. 14,500 Crore. s of August, 2014, RBL Bank has grown to a network of 180 branches and 374 ATMs across 13 Indian states.

Africa Logistic Properties

Venture Round in 2017
Africa Logistics Properties (ALP) is the first integrated property investment and development property company dedicated to the modern grade-A logistics and industrial sector in Africa. Based in Nairobi, the management team includes senior property professionals with 20 years of industrial investment experience in emerging markets. ALP is backed by global institutional investors.

iGenetic Diagnostics

Venture Round in 2017
iGenetic Diagnostics Pvt. Ltd. is a healthcare company based in Mumbai, India, specializing in a wide array of pathology tests. Founded in 2013, it operates a central laboratory in Mumbai and maintains satellite processing labs in Nagpur, Delhi, and Ahmedabad. The company offers both routine biochemistry tests and advanced molecular pathology services, including unique offerings such as oncology next generation sequencing, non-invasive prenatal testing, and inherited cancer risk screening. Its test portfolio spans various specialties, including oncology, gynecology, pediatrics, infections, and pharmacogenomics, ensuring comprehensive diagnostic solutions for its patients.

FirstRand Bank

Post in 2016
FirstRand Bank Limited, based in Sandton, South Africa, offers a comprehensive range of banking, insurance, and investment services to retail, commercial, corporate, and public sector clients, both locally and across various African countries. The bank operates through three main divisions: First National Bank, which focuses on retail and commercial banking; Rand Merchant Bank, specializing in corporate and investment banking; and WesBank, which provides installment finance solutions. Its product offerings include various deposit accounts, mortgage and personal loans, credit and debit cards, insurance products, and investment services. Additionally, FirstRand Bank delivers advisory and financing solutions, asset-based finance, wealth management, and internet banking services, catering to a diverse clientele that includes individuals, small businesses, medium corporates, and government entities, as well as the agricultural sector.

UNICAF

Venture Round in 2016
Founded in 2012, Unicaf partners with western universities and offers its own locally accredited degrees to African young professionals who are looking to study largely online while continuing to work. The company has grown to over 8,000 students today, and is on track to reach over 60,000 students by the end of 2020.

Zambeef Products

Post in 2016
Zambeef Products PLC is the largest integrated food processing and retailing company in Zambia, engaged in various agri-business activities both domestically and internationally. The company specializes in the production, processing, distribution, and retailing of a wide range of products including beef, chicken, pork, milk, dairy products, eggs, edible oils, stock feed, and flour. Zambeef also operates row cropping operations, primarily focusing on maize, soybeans, and wheat, covering over 16,000 hectares of land under both irrigation and rain-fed conditions. With 226 retail outlets throughout Zambia and West Africa, Zambeef's operations encompass a substantial segment of the food supply chain, generating significant revenue from its cropping and milling activities. Additionally, the company produces leather and shoes, and is involved in chicken breeding. Established in 1994 and headquartered in Lusaka, Zambeef continues to play a vital role in the region's agricultural and food sectors.

M-Kopa

Series D in 2016
M-Kopa Kenya Limited is a leading provider of solar home systems, specializing in pay-as-you-go energy services for off-grid customers. Founded in 2011 and based in Nairobi, Kenya, M-Kopa began commercial operations in 2012 and has since expanded its reach to Uganda and Tanzania. The company offers a range of solar products, including systems that provide lighting, phone charging, and solar-powered radios, which are sold through over 1,000 retail agents and shops. M-Kopa utilizes a proprietary technology platform that integrates mobile payments and IoT connectivity, allowing customers without credit histories to access essential products and services. With a dedicated team of over 500 staff, the company is committed to delivering innovative solutions that meet the needs of underserved communities, continually improving its offerings through data-driven insights and customer relationship management.

14Trees

Venture Round in 2016
14Trees is focused on providing affordable housing solutions in Africa through innovative construction methods. The company manufactures eco-friendly bricks and utilizes advanced 3D printing technology to enhance the efficiency of building sustainable structures. By collaborating with banks and contractors, 14Trees aims to accelerate the production and delivery of essential social infrastructure, including affordable homes, schools, and workplaces. Their initiatives not only address the housing crisis but also contribute to improving community well-being and supporting local livelihoods.

ARM Cement

Venture Round in 2016
ARM CEMENT LTD is a Kenya-based cement manufacturer company. It also manufactures sodium silicate, lime, industrial minerals, formulated fertilizers and special building products in east and southern Africa. The Company is also engaged in mining and processing of industrial minerals and chemicals, trading in other building products and the sale of fertilizers. The Company operates through the Cement and lime and Other products segments.

Transfast

Venture Round in 2016
Transfast Remittance operates as a money transfer company that offers money remittance services. The company enables its customers to send money to their families and friends through its network of agents and payout locations. It also offers home cash delivery and cash card credit services. Transfast Remittance was founded in 1988 and is based in New York, United States.

Akiira Geothermal

Venture Round in 2016
Akiira Geothermal Limited is a company focused on geothermal exploration and the development of power plants in Kenya. Established in 2014 and headquartered in Nairobi, it harnesses geothermal resources located in the Kenyan segment of the Rift Valley. By engaging in greenfield geothermal power projects, Akiira Geothermal generates electrical power, contributing to the region's energy needs while promoting sustainable energy solutions.

Jumia

Series C in 2016
Jumia Technologies AG operates a comprehensive e-commerce platform across Africa, connecting consumers with a wide array of sellers. The platform includes a marketplace for various products such as fashion, electronics, and home goods, as well as services like food delivery, travel bookings, and classified ads. Jumia also offers logistics services to facilitate the shipping and delivery of products and a payment service to streamline transactions within its ecosystem. Founded in 2012 and headquartered in Berlin, Germany, Jumia has become a key player in the digital transformation of the African economy. The company supports over 50,000 local businesses and individuals, creating job opportunities and fostering skill development on the continent. Through its operations, Jumia aims to enhance the shopping experience for consumers while providing businesses with efficient distribution solutions.

Rainbow Hospitals

Series B in 2016
Rainbow Hospitals Limited operates specialized children's hospitals in India, focusing on comprehensive care for children, women, and fertility. Established in 1996 and headquartered in Hyderabad, the hospitals provide a range of pediatric services, including intensive care, specialized medical treatments across various disciplines, and rehabilitation. The women's care services encompass gynecology, obstetrics, fetal medicine, and maternal intensive care, ensuring comprehensive support during pregnancy and childbirth. Additionally, the fertility care services include diagnostic evaluations and treatments such as intrauterine insemination and in-vitro fertilization, along with advanced ultrasound services. With facilities in Hyderabad, Vijayawada, and Bengaluru, Rainbow Hospitals is dedicated to delivering quality healthcare tailored to the needs of mothers, women, newborns, and children.

Jana Small Finance Bank

Venture Round in 2016
Jana Small Finance Bank Limited is a banking institution based in Bengaluru, India, that provides a range of financial products and services to both individuals and businesses. The bank's offerings include current and savings accounts, fixed and recurring deposits, and a variety of loan products such as home, gold, agriculture, and business loans. Additionally, it provides services like debit cards, online banking, and payment solutions. Jana Small Finance Bank operates through four key segments: Treasury, Corporate/Wholesale Banking, Retail Banking, and Other Banking Operations, with a significant portion of its revenue generated from retail banking activities. Originally established as Janalakshmi Financial Services Limited in 2006, the institution rebranded to its current name in March 2018.

Virunga Power

Venture Round in 2016
Virunga Power is an electric utility company focused on developing, investing in, and operating renewable power projects and rural distribution grids primarily in East Africa. The company aims to provide high-quality, low-cost electricity to rural communities that currently lack reliable access to modern energy. By collaborating with local and regional stakeholders, Virunga Power tailors renewable energy solutions to meet specific local needs and resources. Its mission is to establish itself as a leading rural utility provider in sub-Saharan Africa, enhancing the benefits of electrification for underserved communities. The company also aims to stimulate local economic development and unlock value in the agricultural sector by providing efficient and reliable electricity, particularly in areas surrounding Virunga National Park in North Kivu, Eastern Congo.

UNICAF

Series A in 2016
Founded in 2012, Unicaf partners with western universities and offers its own locally accredited degrees to African young professionals who are looking to study largely online while continuing to work. The company has grown to over 8,000 students today, and is on track to reach over 60,000 students by the end of 2020.

RBL Bank

Venture Round in 2015
RBL Bank is one of India’s fastest growing scheduled commercial banks. It is continuously expanding its presence across India through a growing network of branches and ATMs. Established in 1943, RBL Bank undertook a transformational journey under a new management team in 2010. RBL Bank embarked on an aggressive growth plan based on a robust platform of strong governance, relationships, technology infrastructure, high quality capital and geographic expansion. Over the last two years, it has infused capital of over र 1,100 Crore from some of the most notable global and domestic names, taking the TIER 1 capital to र 1,600 Crore (approx.) Today, RBL Bank offers specialized services under the five business verticals: namely Corporate & Institutional Banking, Commercial Banking, Retail Banking, Agri & Development Banking and Financial Markets. The bank currently services over 5 Lakh customers and has a total business size of over Rs. 14,500 Crore. s of August, 2014, RBL Bank has grown to a network of 180 branches and 374 ATMs across 13 Indian states.

Irrawaddy Green Towers

Venture Round in 2015
Irrawaddy Green Towers (IGT) is the largest independent telecommunications tower company in Myanmar. The company specializes in building and managing telecom towers and infrastructure for major operators in the country, such as Telenor, Ooredoo, and MPT. IGT's focus on developing a comprehensive portfolio of telecom towers is aimed at enabling operators to optimize their infrastructure costs. In addition to tower construction, IGT also provides associated power services, contributing to the overall efficiency and effectiveness of telecommunications operations in Myanmar.

Daraz.pk

Series A in 2015
Daraz.pk is a leading eCommerce platform in Pakistan, specializing in fashion and lifestyle products. It offers a wide range of items, including clothing, footwear, accessories, and home appliances, catering to diverse customer preferences. The platform aims to enhance the online shopping experience by providing a user-friendly interface, responsive customer support, and efficient delivery services, including cash on delivery and free shipping for orders over a specific amount. Daraz.pk is committed to convenience, allowing customers to shop from the comfort of their homes, regardless of their location. The platform also features gift cards and international shipping options, enabling customers to send packages worldwide. Since its launch, Daraz.pk has rapidly gained popularity and established a unique identity in the online retail sector.

Globeleq

Private Equity Round in 2015
Globeleq Africa Holdings Limited is a company based in London, United Kingdom, specializing in the development, construction, and operation of independent power plants across Africa. Founded in 2002, it manages a diverse portfolio of power generation assets, including natural gas, solar, wind, heavy fuel oil, and fuel oil facilities. Globeleq aims to empower Africa's growth by implementing various power-generating technologies tailored to different geographical locations. Through its operations, the company seeks to deliver positive impacts on local communities while contributing to a sustainable energy future in the region. Regional offices are located in Nairobi, Kenya; Cape Town, South Africa; and Douala, Cameroon.

GEMS Education

Venture Round in 2015
GEMS Education is an international education provider that operates a network of private schools and educational institutions, offering services from kindergarten through higher grades. Founded in 1959 and based in Dubai, United Arab Emirates, GEMS Education also has locations in India, the United States, France, Saudi Arabia, and Singapore. The company is a subsidiary of Varkey Group Limited and is involved in various initiatives through its Varkey Foundation, which aims to enhance educational access and quality for underprivileged children. In addition to running its own schools, GEMS Education supports government initiatives to improve educational standards and outcomes.

Ujjivan

Private Equity Round in 2015
Ujjivan Financial Services Limited, founded in 2005 and headquartered in Bengaluru, India, specializes in providing a comprehensive range of financial services aimed at economically active poor individuals in urban and semi-urban areas. The company offers a variety of products, including micro and rural finance, housing loans, personal and vehicle loans, and loans for micro and small businesses. Additionally, Ujjivan provides group and individual insurance products. Its subsidiary, Ujjivan Small Finance Bank Limited, was established in 2016 and focuses on serving financially unserved and underserved segments through banking products, including savings and current accounts, fixed deposits, and an array of loan offerings such as agricultural, educational, and personal loans. Ujjivan operates a significant network of banking outlets and ATMs, reflecting its commitment to financial inclusion in India.
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