CDC Group

CDC Group, established in 1948, is the UK's Development Finance Institution, fully owned by the UK government's Department for International Development. As the world's oldest DFI, CDC focuses on fostering business development in Africa and South Asia, aiming to create jobs and improve living conditions in some of the poorest regions. The institution invests strategically in areas where the private sector is underdeveloped and job opportunities are limited, targeting sectors such as manufacturing, agribusiness, infrastructure, financial services, construction, health, and education. Through its portfolio, CDC has supported numerous investee businesses, significantly contributing to job creation and local tax revenues, thereby making a substantial impact on the economies and communities it serves.

Rohit Anand

Director and Head of Industrial Businesses team

Michelle Ashworth

Investment Director, FCP for Africa funds

Colin Buckley

COO

Jeremy Burke

Investment Director, Debt Team

Richard Charlton

Investment Director, Infrastructure Equity

Jeremy Cleaver

Head of Johannesburg Office and Portfolio Director, Intermediated Equity (Africa)

Peter Dohrn

Investment Professional

Michael Dreyer

Investment Director, Infrastructure Equity

David Easton

Director and Head of Consumer Businesses team

Mark Edwards

Director

Clarisa De Franco

MD, Head of Africa Funds, Intermediated Equity

Michele Giddens

Non-Executive Director

Murray Grant

MD, Intermediated Equity

Jean-Guillaume Habay

Director and Head of Food and Agriculture

Ramona Handa

Investment Associate

Peter Maila

Coverage Director of Africa

Geoffrey Manley

Investment Director, Debt Team

Keki Minoo Mistry

Non-Executive Director

Alagappan Murugappan

MD, Intermediated Equity (Asia Funds)

Srini Nagarajan

MD and Head of South Asia

Megha Okhai

Investment Director, Food and Agriculture

Osborne, David Delano Franklin

Director and Head of the Generalist team

Richard Palmer

Investment Director Head of Corporate Debt

Nicolas Pitiot

Investment Director, Debt Team

Stephen Priestley

MD, Funds and Capital Partnerships

Maia Renchon

Investment Manager, Debt Team

Holger Rothenbusch

MD, Debt Team

Carlotta Saporito

Investment Manager, Intermediated Equity

Bradley Smith

Investment Manager

Lynsay Taffe

Director of Communications

Ryan Wagner

Portfolio Director, Intermediated Equity (Asia Funds)

210 past transactions

Cholamandalam

Post in 2020
Cholamandalam is an Indian assurance firm that provides a range of assurance schemes, including accident, engineering, health, liability, marine, motor, property, travel, and rural insurance for individuals and corporate assurance. Cholamandalam’s assurance products targeted at individuals include health insurance, car insurance, travel insurance, home insurance, and personal accident insurance. While its products targeted at corporate firms include health, fire, engineering projects, engineering operations, property crime, marine insurance, and liability insurance. Cholamandalam was established in 2001 as a result of a joint venture between Murugappa Group, a major South Indian business conglomerate and Japan’s largest general insurance firm, the Mitsui Sumitomo Insurance Group.

AgDevCo

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

INT Towers Limited

Venture Round in 2015
INT Towers Limited owns and operates over 9,100 telecoms towers across seven regions in Nigeria. It is a wholly owned subsidiary of the IHS Towers Group – the largest independent tower operator in Africa – which has a presence in Nigeria, Cameroon, Cote d’Ivoire, Rwanda and Zambia.

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.

Ecobank

Post in 2021
Ecobank Transnational Incorporated (ETI), a public limited liability company, was established as a bank holding company in 1985 under a private sector initiative spearheaded by the Federation of West African Chambers of Commerce and Industry with the support of the Economic Community of West African States (ECOWAS). In the early 1980’s foreign and state-owned banks dominated the banking industry in West Africa. Commercial banks in West Africa owned and managed by the African private sector were a rarity. Its founders created ETI with the objective of filling this vacuum. The Federation of West African Chambers of Commerce promoted and initiated a project to create a private, regional banking institution in West Africa. In 1984, Ecopromotions S.A. was incorporated. Its founding shareholders raised seed capital for feasibility studies and the promotional activities leading to the creation of ETI. In October 1985, ETI was incorporated with authorised capital of US$100 million. The initial paid up capital of US$32 million was raised from over 1,500 individuals and institutions from West African countries. The largest shareholder was the ECOWAS Fund for Cooperation, Compensation and Development (ECOWAS Fund), the development finance arm of ECOWAS. Ecobank signed a Headquarters’ Agreement with the Government of Togo in 1985, which granted it the status of an international organisation. This status came with the rights and privileges necessary for ETI to operate as a regional institution, including the status of a non-resident financial institution. ETI commenced operations with its first subsidiary in Togo in March 1988.

Sun King

Private Equity Round in 2020
Greenlight Planet Inc develops and manufactures solar lighting and energy devices. It manufactures solar lighting devices, including solar lamps, solar lanterns with mobile charger, and home energy systems. The company offers its products through a network of distributors and it also offers its product online. The company was founded in 2007 and is based in Chicago, Illinois with additional offices in Mumbai, India; and Nairobi, Kenya.

Jumia

Series C in 2016
Jumia Technologies AG operates an e-commerce platform in Africa. The company’s platform consists of marketplace, which connects sellers with consumers; logistics service that enables the shipment and delivery of packages from sellers to consumers; and payment service, which facilitates transactions to participants active on the company’s platform in selected markets. Its marketplace offers various products in a range of categories, including fashion and apparel, smartphones, home and living, consumer packaged goods, beauty and perfumes, and other electronics, as well as access to various services, such as restaurant food delivery, hotel and flight booking, classified advertising, airtime recharge, and instant delivery. The company was formerly known as Africa Internet Holding GmbH and changed its name to Jumia Technologies AG in January 2019. Jumia Technologies AG was founded in 2012 and is headquartered in Berlin, Germany.

PV Technologies India

Private Equity Round in 2007
PV Technologies India is manufactures thin-film solar cells.

Globeleq

Private Equity Round in 2015
Globeleq Generation Limited develops, builds, and operates renewable power projects in Africa and the Americas. It operates a portfolio of natural gas, solar, wind, HFO, and fuel oil power generation assets. The company was founded in 2002 and is based in London, United Kingdom with regional offices in Nairobi, Kenya; Cape Town, South Africa; and Doula, Cameroon.

Globeleq South Africa Management Services Pty Ltd

Merger/Acquisition in 2015
Globeleq South Africa Management Services Pty Ltd provides construction of renewable power plants such as wind and solar power plants. The company is based in Cape Town, South Africa.

Liquid Telecom

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.
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.

Fourth Partner Energy

Debt Financing in 2021
Fourth Partner Energy provides turnkey rooftop solar energy solutions for customers in India. The company specializes in manufacturing solar energy based applications and its current product portfolio includes solar lanterns, home lighting systems, solar street lights, and photovoltaic panels. Fourth Partner Energy aims to build, develop, and manage a large operating portfolio of de-centralized solar power assets in India and is positioned as a leading renewable energy services company. It strives to be a partner for sustainable change and endeavors to do so by providing products and services that improve the renewable resources available on the planet, and provide its customers with better quality at lower costs. Fourth Partner Energy is an MNRE empanelled Channel Partner and an ISO 9001:2008 certified company. It is also registered as a partner with state bodies such as RREC, TNREDC, and NREDCAP. The company was founded in 2010 by [Vikas saluguti](https://www.crunchbase.com/person/vikas-saluguti), [Saif Dhorajiwala](https://www.crunchbase.com/person/saif-dhorajiwala), and [Vivek Subramanian](https://www.crunchbase.com/person/vivek-subramanian-3). It is based in Hyderabad, India.

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.

Dr. Agarwal's

Post in 2019
Armed with a degree in medicine and the ambition to create an eye hospital of repute DR.R.S.AGARWAL left his hometown of Bulandshar and came to the big city Delhi. Here he set up his practice in one of the by lanes of the busy central areas of Delhi called Darya Ganj.His address then was simple enough 15, Darya Ganj, Delhi. Little did he know that this address would be the foundation stone for future generations of eye surgeons. The son of a farmer he had known the only security lay in tilling the land, however now with a medical degree he wanted to stretch out and lay his life towards the upliftment of human misery through the practices of allopathic medicine.

pi Ventures

Private Placement in 2018
We believe in finding and supporting the best entrepreneurs across the world that are using Artificial Intelligence, Machine Learning and IoT (Internet of things) to solve real world problems. A huge change is happening in India. Where there is change, there is disruption and where there is disruption, new ideas have a chance to succeed. India is going to be second largest economy after China by 2050 (PWC research). With a big growth possibility, we believe that it is possible to grow a large global company out of India and India has capable entrepreneurs backed by talent, to do so.

Azura Power West Africa Limited

Azura Power West Africa Limited, a power company, operates as a developer, financier, acquirer, and operator of independent power plants (IPP) and power related assets in West Africa. It operates a gas turbine power station in Nigeria. Azura Power West Africa Limited was incorporated in 2010 and is based in Lagos, Nigeria.
Frontiir provides affordable digital access and useful information services to people and helps overcome the global digital divide. The company also provides services to a wide variety of enterprise clients all over the country, ranging from ready to install business solutions packages to customized packages tailored to meet the clients’ unique business needs. It innovates and designs its own network infrastructure solutions including its unique wireless last-mile solutions. It was founded by three co-founders who have world-class expertise in information and communication technologies (ICT) with 30 years of combined industry experience in the US. Two co-founders are MIT Ph.D. graduates who published several technical papers in the areas of wireless networking and IT and hold several patents.

Jabong.com

Venture Round in 2014
Jabong.com is the best Online shopping Portal in India for men, women & kids for shoes, clothing, watches, sunglasses. Jabong was once thought to own one-quarter of India’s fashion e-commerce market, making it the chief threat to Myntra.
RBL Bank Limited operates as a scheduled commercial bank in India. It operates through Corporate/Wholesale Banking, Retail Banking, Treasury, and Other Banking Operations segments. The company’s deposit products include savings accounts, current accounts, institution accounts, and fixed deposits. It also offers business, home, personal, car, and education loans, as well as loans against property, overdraft against property, loans against gold and deposits, working capital finance, and unsecured and secured small business loans; life, general, and health insurance products; investments services, such as wealth management, e-ASBA, and national pension system; and demat account. In addition, the company provides online tax and bill payment, debit and prepaid cards, online banking, bank by phone, digital and net banking, and merchant payment services. Further, it offers mergers and acquisitions advisory, private equity capital advisory, project and infrastructure finance, real estate financing, cash management, supply chain finance, and trade and remittance services; and financial markets and treasury products, such as capital markets, and forex and bullion. Additionally, the company provides agribusiness, NRI, and signature banking services, as well as safe deposit lockers. As of March 31, 2020, it operated a network of approximately 386 bank branches; 1,245 business correspondent branches; 263 banking outlets; and 596 ATMs in 28 Indian states and Union Territories. The company was formerly known as The Ratnakar Bank Limited and changed its name to RBL Bank Limited in August 2014. RBL Bank Limited was founded in 1943 and is based in Mumbai, India.

M-KOPA

Venture Round in 2022
M-KOPA Kenya Limited develops and markets solar home systems. It offers solar systems with three lights, phone charging, and a solar powered radio. The company sells its products through dealers and retail shops in Kenya. It offers M-KOPA 5, KOPA 6, KOPA 600, and KOPA 6000. M-KOPA Kenya Limited was founded in 2011 and is based in Nairobi, Kenya. M-KOPA Kenya Limited operates as a subsidiary of M-Kopa, LLC.

Veritas Finance

Series C in 2018
Veritas Finance Private Limited, a non-banking finance company, provides financial services for micro, small, and medium enterprises (MSME) primarily in the rural and semi-urban areas in India. It offers MSME, working capital, and construction loans, as well as loans for business expansion, purchase of assets, construction of houses, etc. The company was founded in 2015 and is based in Chennai, India.

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.

Frontiir

Private Equity Round in 2019
Frontiir provides affordable digital access and useful information services to people and helps overcome the global digital divide. The company also provides services to a wide variety of enterprise clients all over the country, ranging from ready to install business solutions packages to customized packages tailored to meet the clients’ unique business needs. It innovates and designs its own network infrastructure solutions including its unique wireless last-mile solutions. It was founded by three co-founders who have world-class expertise in information and communication technologies (ICT) with 30 years of combined industry experience in the US. Two co-founders are MIT Ph.D. graduates who published several technical papers in the areas of wireless networking and IT and hold several patents.

Indifi Technologies

Series D in 2021
Indifi Technologies Pvt. Ltd. operates an online platform that connects lenders and borrowers to provide loans. The company offers different lifecycle support services for lenders, which include marketing and customer relationship management (CRM), data aggregation, data analysis, on-ground support, loan monitoring, and payment management. It serves clients in e-commerce, travel, hospitality, retail, and trading businesses. The company was incorporated in 2015 and is based in Gurugram, India.

SPI Nepal

Private Placement in 2019
SPI Nepal develops and sells ERP, customer relationship management (CRM), HRM, payroll, and pensions software solutions for government, telecom, BFSI, and private business applications. It offers Endeavor human resources, an enterprise level HRM information system that allows organizations to manage and streamline human resources with personnel information, post management, payroll, and pensions and gratuity functions; and Convegence, a real-time, integrated call accounting, billing, and customer care software that enables converged billing of voice products and services. The company also provides e-governance advisory, offshore development, outsourced product development, business intelligence, ERP and CRM customization and implementation, and quality assurance and testing services; and application development and maintenance services, including custom application development, application enhancements, existing application re-engineering, migration of legacy application to modern technology platforms, and Web-enabling legacy applications. Its customers include Department of Civil Personnel Records, Pensions Record Office, and Directorate of Treasuries and Inspection. The company was formerly known as WorldLink Technologies P. Ltd. and changed its name to SPI Nepal in May 2011. SPI Nepal was founded in 1995 and is based in Lalitpur, Nepal. SPI Nepal operates as a subsidiary of Cognizant Technology Solutions Corporation.

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.

Aavas Financiers

Post in 2022
AAVAS is engaged in the business of providing housing loans, primarily in the un-served, unreached and under-served market which include the States of Rajasthan, Maharashtra, Gujarat, Madhya Pradesh, Haryana, Uttar Pradesh, Chattisgarh, and Delhi.
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

Narayana Hrudayalaya

Venture Round in 2014
Narayana Hrudayalaya Limited operates a network of hospitals and diagnostic clinical centers in India and internationally. The company offers services in approximately 30 specialties, including cardiology and cardiac surgery, cancer care, neurology and neurosurgery, orthopaedics, nephrology and urology, and gastroenterology. As of May 01, 2018, it operated a network of 24 hospitals, as well as 7 heart centers and 19 primary care facilities in India, as well as 1 hospital in the Cayman Islands with approximately 6,232 operational beds. The company was founded in 2000 and is headquartered in Bengaluru, India.
Pristine Logistics & InfraProjects Pvt. Ltd. provides logistics solutions in India. It offers container train management, terminal management, advisory, and warehouse services. The company was incorporated in 2008 and is based in New Delhi, India.

Ecom Express

Private Placement 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.

Grameenphone

Debt Financing in 2013
The right and contemporary use of technology is key to the progress of a nation. Keeping this in mind, Grameenphone always brings future-proof technology in order to facilitate your progress.

RBL Bank Limited (BSE:540065)

Private Placement in 2020
RBL Bank Limited operates as a scheduled commercial bank in India. It operates through Corporate/Wholesale Banking, Retail Banking, Treasury, and Other Banking Operations segments. The company’s deposit products include savings accounts, current accounts, institution accounts, and fixed deposits. It also offers business, home, personal, car, and education loans, as well as loans against property, overdraft against property, loans against gold and deposits, working capital finance, and unsecured and secured small business loans; life, general, and health insurance products; investments services, such as wealth management, e-ASBA, and national pension system; and demat account. In addition, the company provides online tax and bill payment, debit and prepaid cards, online banking, bank by phone, digital and net banking, and merchant payment services. Further, it offers mergers and acquisitions advisory, private equity capital advisory, project and infrastructure finance, real estate financing, cash management, supply chain finance, and trade and remittance services; and financial markets and treasury products, such as capital markets, and forex and bullion. Additionally, the company provides agribusiness, NRI, and signature banking services, as well as safe deposit lockers. As of March 31, 2020, it operated a network of approximately 386 bank branches; 1,245 business correspondent branches; 263 banking outlets; and 596 ATMs in 28 Indian states and Union Territories. The company was formerly known as The Ratnakar Bank Limited and changed its name to RBL Bank Limited in August 2014. RBL Bank Limited was founded in 1943 and is based in Mumbai, India.

Trivitron Healthcare

Venture Round in 2013
Trivitron is a global Medical Technology company of Indian Origin focused on Manufacturing, Innovation, Distribution and after sales support, thus matching all the healthcare requirements across the globe. Trivitron, through its innovations and collaborative initiatives, makes healthcare accessible and affordable to the developed and emerging markets.

Azura Power Holdings Ltd.

Private Placement in 2018
Azura Power Holdings Ltd. operates as a holding company. The company develops, finances, acquires, and operates independent power plants. The company was incorporated in 2012 and is based in South Africa.

Virunga Power

Venture Round in 2016
Virunga Power is an electric utility company that develops, invests, and operates of renewable power projects and rural distribution grids. Their focus is on megawatt-scale rural utility projects across several countries in East Africa and beyond with a goal of bringing high-quality, low-cost power to rural communities that currently lack reliable access to modern energy. They engage local and regional stakeholders to tailor renewable power solutions to match local needs and resources. The company's mission is to build the leading rural utility company in sub-Saharan Africa and to continuously strive to bring the full benefits of electrification to new rural communities and consumers in a sustainable manner. It provides clean electricity to communities living in and around Virunga National Park in North Kivu, Eastern Congo.

PEG

Debt Financing in 2019
PEGAfrica is an asset financing company currently selling Pay As You Go solar energy products to off-grid customers in Ghana, Cote d'Ivoire, and Senegal. PEG’s Pay As You Go solar systems give our customers access to better quality light, mobile phone charging, and appliances like radios and televisions. Hugh Whalan and Nate Heller founded PEG in 2013. It has its headquarters in Accra in Ghana.

Irrawaddy Green Towers

Venture Round in 2015
Irrawaddy Green Towers (IGT) is the largest independent telecomms tower company in Myanmar. IGT builds towers and infrastructure for all the country’s major operators, including Telenor, Ooredoo and MPT.

Loadshare Networks

Series C in 2022
Loadshare Networks Pvt. Ltd. provides the technology platform, operations know-how, besides providing guidance on business development and branding. It also offers other services, ranging from first-mile, line-haul, and last-mile deliveries to modular logistics software solutions. The services offered by Loadshare Networks Pvt. Ltd. range from first-mile, line-haul, last-mile deliveries, and modular logistics software solution to partners. It is primarily focussed on business-to-consumer (B2C) logistics and has plans to foray into B2B logistics.
Jumia Group Limited operates an online platform that enables consumers to access products and services ranging from basic consumer goods to online travel. It offers fashion products, phones, electronics, groceries, and sports and beauty products, as well as flight and hotel booking, online food delivery, and payment services. It serves consumers and SMEs. Jumia Group Limited was formerly known as Africa Internet Group and changed its name to Jumia Group Limited in 2016. The company was founded in 2012 and is based in Lagos, Nigeria.
Kilombero Valley Teak Company Ltd., a private teak plantation company, engages in planting, harvesting, managing, and protecting teak plantations. The company also processes, produces, markets, and exports various timber and value added products, such as rough squares, air and kiln dried rough sawn timbers, finger jointed edge glued panels, unfinished solid floorings, and decking products. In addition, it engages in protecting and managing native forests and wetlands. The company sells its products in Tanzania and internationally. Kilombero Valley Teak Company Ltd. was founded in 1992 and is based in Dar es Salaam, Tanzania.

Rainbow Hospitals

Series B in 2016
Rainbow Hospital offers all services you will need through pregnancy. All of your antenatal appointments, scans, blood tests, advice and exercise classes are available to you at Rainbow Hospital. Whether you would like a natural birth, a water birth, an epidural for painless delivery we can help you make your delivery a rewarding experience.
M-KOPA Kenya Limited develops and markets solar home systems. It offers solar systems with three lights, phone charging, and a solar powered radio. The company sells its products through dealers and retail shops in Kenya. It offers M-KOPA 5, KOPA 6, KOPA 600, and KOPA 6000. M-KOPA Kenya Limited was founded in 2011 and is based in Nairobi, Kenya. M-KOPA Kenya Limited operates as a subsidiary of M-Kopa, LLC.
Liquid Telecommunications Holdings Limited provides data, voice, and IP services in eastern, central, and southern Africa. The company supplies fiber optic, satellite, and international carrier services to mobile network operators, ISPs, and businesses of various sizes. Its products and services include carrier services, such as connectivity services to subsea cable systems; backhaul solutions for mobile network operators; voice interconnect solutions; international MPLS carrier solutions; IP transit services; international private leased circuit service for customers who require a point-to-point private line for Internet access, business data exchange, video conferencing, and other forms of telecommunication; metro access circuit solutions; and data center hosting services. The company also distributes VSAT and broadband services via select channel partners. In addition, it provides connectivity services for mining, logistics and distribution, hospitality, airlines, education, and banking enterprises, as well as electronic payment and point-of-sale solutions for financial and retail sectors. Further, the company offers Internet and interoffice connectivity solutions to a range of customers in home, business, and enterprise markets; managed communication solutions and Internet connectivity to customers in Zimbabwe; and a range of Internet, e-mail, and IT-related services for home, business, and other carriers. It serves wholesale, enterprise, and retail markets, as well as resellers. Liquid Telecommunications Holdings Limited was formerly known as Econet Satellite Services Limited and changed its name to Liquid Telecommunications Holdings Limited in 2004. The company was founded in 1997 and is based in Ebene, Mauritius. Liquid Telecommunications Holdings Limited operates as a subsidiary of Econet Wireless International (Pty) Ltd.

Equitas Holdings

Venture Round in 2013
Equitas Holdings Limited, through its subsidiaries, operates as a non-banking financial institution in India. The company operates in Banking and Finance, and Others segments. It accepts current and savings accounts, and term deposits; and offers micro finance loans, vehicle finance, housing finance, micro and small enterprises loans, agri loans, gold loans, business loans, etc. The company also offers online freight facilitation services under the Wowtruck brand name. It serves individuals, and micro and small enterprises. Equitas Holdings Limited was founded in 2007 and is based in Chennai, India.

Veritas Finance

Series B in 2017
Veritas Finance Private Limited, a non-banking finance company, provides financial services for micro, small, and medium enterprises (MSME) primarily in the rural and semi-urban areas in India. It offers MSME, working capital, and construction loans, as well as loans for business expansion, purchase of assets, construction of houses, etc. The company was founded in 2015 and is based in Chennai, 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 Business Solutions Pvt Ltd develops and operates a technology platform that helps farmers digitize their food grain and provide doorstep access to end-to-end post-harvest supply chain solutions. Its platform offers storage, digitization, credit, and liquidation facility to farmers. Ergos Business Solutions Pvt Ltd was founded in 2010 and is based in Bengaluru, India.
Globeleq Generation Limited develops, builds, and operates renewable power projects in Africa and the Americas. It operates a portfolio of natural gas, solar, wind, HFO, and fuel oil power generation assets. The company was founded in 2002 and is based in London, United Kingdom with regional offices in Nairobi, Kenya; Cape Town, South Africa; and Doula, Cameroon.
Feronia is an agribusiness operating in the DRC. It consists of three oil palm plantations, the first of which was established in 1911, and an arable farming operation. Feronia’s primary objective when it acquired its palm oil business in 2009 was to save the plantations from the brink of extinction. Today, after years of substantial investment, the future of the business is secure and they are working to make a meaningful and long-term contribution to the future of the DRC.

Daraz.pk

Series A in 2015
It is the fastest growing eCommerce platform in Nepal offering an unparalleled shopping experience at the comfort of your home. You can enjoy convenient and hassle-free shopping without stepping out of the house. Daraz promises to take your style statement to a whole new level offering a wide variety of products and brands. You can also rejuvenate your house by buying home appliances. You get to avail delivery right at your doorstep with easy payment methods. Whether you reside in small towns of Nepal of major cities, you can easily get your desired products delivered at your doorstep.

Bizongo

Series C in 2021
Bizongo is an innovative online B2B marketplace catering to the diverse packaging and material handling industries. It makes packaging sourcing, distribution, inventory management, and design hassle-free for enterprises. The company's automated supply chain platform ensures availability of packaging for business with lower inventory. It addresses challenges such as inventory stock out, excess inventory, and obsolescence that are common for enterprises. Bizongo was founded in 2015 by Aniket Deb, Ankit Tomar, and Sachin Agrawal and is headquartered in Mumbai, Maharashtra, India.
STS Holding Ltd. operates Apollo Hospital, a 450-bed super specialty hospital in Dhaka, Bangladesh. It provides services in the areas of orthopedics, rheumatology, knee centre, sports medicine and ortho rehabilitation, nephrology, urology, renal transplant, dialysis, andrology, neurology, cardiology, obstetrics, gynecology, fertility centre, pediatrics, and neonatology. The company was founded in 1997 and is based in Dhaka, Bangladesh.

GVR Infra Projects Ltd

Private Equity Round in 2011
GVR Infra Projects Limited operates as a construction and infrastructure development company in India and Nepal.
We believe in finding and supporting the best entrepreneurs across the world that are using Artificial Intelligence, Machine Learning and IoT (Internet of things) to solve real world problems. A huge change is happening in India. Where there is change, there is disruption and where there is disruption, new ideas have a chance to succeed. India is going to be second largest economy after China by 2050 (PWC research). With a big growth possibility, we believe that it is possible to grow a large global company out of India and India has capable entrepreneurs backed by talent, to do so.

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.

M-KOPA

Venture Round in 2018
M-KOPA Kenya Limited develops and markets solar home systems. It offers solar systems with three lights, phone charging, and a solar powered radio. The company sells its products through dealers and retail shops in Kenya. It offers M-KOPA 5, KOPA 6, KOPA 600, and KOPA 6000. M-KOPA Kenya Limited was founded in 2011 and is based in Nairobi, Kenya. M-KOPA Kenya Limited operates as a subsidiary of M-Kopa, LLC.

Jacoma Estates (UK) Ltd.

Jacoma Estates (UK) Ltd. operates as a development finance institution (DFI). The company is based in the United Kingdom.
Utkarsh CoreInvest Limited provides financial and non-financial services in India. It offers micro enterprise loans, housing loans, and micro pension products. The company was formerly known as Utkarsh Micro Finance Limited and changed its name to Utkarsh CoreInvest Limited in October 2018. Utkarsh CoreInvest Limited was incorporated in 1990 and is based in Varanasi, India.

Liquid Telecom

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.
TVS Industrial & Logistics Parks engages in the Logistics Parks, Industrial Facilities & EPC segment across various strategic belts of the country.
Pristine Logistics & InfraProjects Pvt. Ltd. provides logistics solutions in India. It offers container train management, terminal management, advisory, and warehouse services. The company was incorporated in 2008 and is based in New Delhi, India.

Loadshare Networks

Series B in 2020
Loadshare Networks Pvt. Ltd. provides the technology platform, operations know-how, besides providing guidance on business development and branding. It also offers other services, ranging from first-mile, line-haul, and last-mile deliveries to modular logistics software solutions. The services offered by Loadshare Networks Pvt. Ltd. range from first-mile, line-haul, last-mile deliveries, and modular logistics software solution to partners. It is primarily focussed on business-to-consumer (B2C) logistics and has plans to foray into B2B logistics.
Azura Power Holdings Ltd. operates as a holding company. The company develops, finances, acquires, and operates independent power plants. The company was incorporated in 2012 and is based in South Africa.
Trinity Alternative Investment Managers Ltd. is a private equity and venture capital arm of SREI Infrastructure Finance Limited specializing in mezzanine, debt, and infrastructure investments. It seeks to invest in unlisted small and medium size companies. The firm invests in infrastructure with a focus on roads, power, urban infrastructure, airport services, highways and railtracks, marine ports and services, and telecommunication service sector. It seeks to invest in India. The firm invests between $25 million to $100 million. Trinity Alternative Investment Managers Ltd. is based in Kolkata, India.

Paymob

Series B in 2022
Paymob is a regional digital payments enabler that builds payments infrastructue technologies empowering the underserved with access to financial services. Paymob is bridging the financial inclusion gap in MEA region by enabling businesses of all sizes to benefit from the power of digital payments and what it unlocks. Paymob was founded in 2015 and headquartered in Cairo, Egypt.

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.
Indorama Eleme Fertilizer & Chemicals Limited manufactures fertilizers. The company is headquartered in Port Harcourt, Nigeria. Indorama Eleme Fertilizer & Chemicals Limited operates as a subsidiary of Eleme Petrochemicals Company Limited.

Neocase Software

Series C in 2006
Neocase is a provider of integrated HR and Finance service delivery solutions.We enable large and mid-size organizations to reduce costs, standardize processes and improve employee, customer and supplier relationships. This is typically achieved within shared service centers and global business services environments. Our software streamlines service delivery through advanced case management, powerful business process automation, a rich knowledge base, personalized self-service portals and deep analytics. Delivered in the cloud, leveraging its award-winning modern technology platform, Neocase integrates with core HR platforms like Workday, SAP, Oracle, PeopleSoft and other systems to leverage existing data.

I&M Holdings PLC (NASE:IMH)

Merger/Acquisition in 2016
I&M Holdings Plc, together with its subsidiaries, provides personal and business banking products and services in Kenya, Tanzania, Rwanda, Uganda, and Mauritius. It offers personal and business accounts, savings accounts, and fixed deposits; home, car, term, and business loans, as well as overdraft services; e-commerce payment, cheque scanning, and salary transfer services; letters of credit, guarantees, export and import trading, and bill discounting services; and insurance premium financing services. The company also provides foreign exchange and fund transfer, custody and investment, bancassurance, insurance premium financing, government payments, capital, tax payment, and agency banking services; and securities accounts and fiduciary services, as well as facilitates purchase and sale of securities from the stock market, and invests in government securities. In addition, it offers asset finance for individuals or companies for purchasing vehicles or machinery for personal or commercial use; cash management services; credit, debit, and pre-paid cards; and mobile and Internet banking services. Further, the company provides remittance and insurance services; and invests in properties. It has 18 branches and 31 ATMs in Rwanda; 41 branches and 55 ATMs in Kenya; 8 branches and 9 ATMs in Tanzania; and 12 branches and 13 ATMs in Mauritius. I&M Holdings Plc was founded in 1974 and is based in Nairobi, Kenya.

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.

Foresythe Farm

Private Equity Round in 2013
Foresythe Farm runs a breeding herd of circa 5,400 cattle in Zambia.

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.

Indifi Technologies

Private Placement in 2019
Indifi Technologies Pvt. Ltd. operates an online platform that connects lenders and borrowers to provide loans. The company offers different lifecycle support services for lenders, which include marketing and customer relationship management (CRM), data aggregation, data analysis, on-ground support, loan monitoring, and payment management. It serves clients in e-commerce, travel, hospitality, retail, and trading businesses. The company was incorporated in 2015 and is based in Gurugram, India.

Transcell Ltd

Venture Round in 2014
Transcell Ltd is a provider of Communications and IT Services.

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.

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.

Absa Bank

Funding Round in 2021
Absa Group Limited, is a South African financial services provider, offering personal and business banking, corporate and investment banking

Zambeef Products

Post in 2016
Zambeef Products Plc is the largest integrated food processing and retailing company in Zambia. The Group is principally involved in the production, processing, distribution and retailing of beef, chicken, pork, milk, dairy products, eggs, edible oils, stock feed, and flour.

Jana Small Finance Bank

Venture Round in 2016
Janalakshmi Financial Services is a for-profit NBFC serving the urban underserved, with the promoter stake held in the not-for-profit entity Janalakshmi Social Services. This is the only NBFC in India structured in such a manner, with the deliberate intent of keeping the social spirit intact. Janalakshmi Financial Services' market-based approach to financial inclusion is defined by three distinct characteristics: first, an exclusive focus on servicing the needs of the urban poor; second, a strong customer-value driven approach in designing financial products and services; third, the centrality of technology and processes as the foundation of a scalable enterprise.
Commercial Bank of Ceylon PLC provides various commercial banking products and services in Sri Lanka and Bangladesh. It operates through five segments: Personal Banking, Corporate Banking, International operations, Investment Banking, and Dealing and Treasury. The company offers current and savings accounts, fixed and call deposits, millionaire and money market accounts, special deposit accounts, treasury bonds and bills, pension plans, and credit and debit cards. It also provides loan products, including home, personal, gold, pre shipment, import demand, pledge, short and long term, development, and agri loans, as well as syndicated and project financing, overdrafts, lease and hire purchase, micro finance, and factoring services. In addition, the company offers performance bonds, bank and retention money guarantees, and credit guarantees services; trade and finance services, such as export bills purchase, letters of credit and guarantee, draft purchase, and import documents release services; and import and export trade services. Further, it provides foreign currency and other treasury products and services comprising investments, foreign exchange, fixed income, and financial derivative products to investors; and investment banking services. Additionally, the company offers money and salary remittance, bullion trading, pawning, and margin trading services, as well as deals in government securities; online and mobile, digital, and elite banking services; In addition, it provides bancassurance and Islamic banking products. It operates through 287 branches and 865 ATMs. The company was founded in 1920 and is headquartered in Colombo, Sri Lanka.

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.

Cropin

Series C in 2021
CropIn is a leading AI and Data-led agri-tech​ organization that provides SaaS solutions to agribusinesses globally. CropIn’s unique suite of products enables various stakeholders in the agri-ecosystem to adopt and drive digital strategy across their operations. Using cutting-edge technology like big data analytics, artificial intelligence, machine learning, and remote sensing, CropIn creates an interconnected network of all these stakeholders at different levels of the agriculture ecosystem, enabling clients to analyze and interpret data to derive real-time actionable insights on standing crop. Businesses can thus leverage technology to effectively drive their initiatives around Digitization, Predictability, Compliance, Sustainability and Traceability. With the vision to ‘maximize per acre value’ and the mission to ‘make every farm traceable’, CropIn adds value to agri-businesses by increasing efficiency, scaling productivity, and strengthening sustainability across the board. Thus far, CropIn has digitized over 5.5 million acres of farmland and enriched the lives of nearly 2.1 million farmers, while gathering data on 380+ crops and 3,600+ crop varieties in 46+ countries on 6 continents.

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.
Liquid Telecommunications Holdings Limited provides data, voice, and IP services in eastern, central, and southern Africa. The company supplies fiber optic, satellite, and international carrier services to mobile network operators, ISPs, and businesses of various sizes. Its products and services include carrier services, such as connectivity services to subsea cable systems; backhaul solutions for mobile network operators; voice interconnect solutions; international MPLS carrier solutions; IP transit services; international private leased circuit service for customers who require a point-to-point private line for Internet access, business data exchange, video conferencing, and other forms of telecommunication; metro access circuit solutions; and data center hosting services. The company also distributes VSAT and broadband services via select channel partners. In addition, it provides connectivity services for mining, logistics and distribution, hospitality, airlines, education, and banking enterprises, as well as electronic payment and point-of-sale solutions for financial and retail sectors. Further, the company offers Internet and interoffice connectivity solutions to a range of customers in home, business, and enterprise markets; managed communication solutions and Internet connectivity to customers in Zimbabwe; and a range of Internet, e-mail, and IT-related services for home, business, and other carriers. It serves wholesale, enterprise, and retail markets, as well as resellers. Liquid Telecommunications Holdings Limited was formerly known as Econet Satellite Services Limited and changed its name to Liquid Telecommunications Holdings Limited in 2004. The company was founded in 1997 and is based in Ebene, Mauritius. Liquid Telecommunications Holdings Limited operates as a subsidiary of Econet Wireless International (Pty) Ltd.

Madagascar Litchi Export

Madagascar Litchi Export engages in import, calibration, selection, sulphuring, packing, and export of litchi to the European markets. The company is based in Toamasina, Madagascar.
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.

Globeleq South Africa Management Services Pty Ltd

Globeleq South Africa Management Services Pty Ltd provides construction of renewable power plants such as wind and solar power plants. The company is based in Cape Town, South Africa.

AgroStar

Series D in 2021
AgroStar is India’s foremost AgTech start-up working on the mission of #HelpingFarmersWin by providing a complete range of agri solutions at the fingertips of farmers. AgroStar’s tech platform provides a combination of agronomy advice coupled with service and agri input products that enable farmers to significantly improve their productivity and income. We use an extensive amount of data, technology and agronomy knowledge to give the right solutions (advice+products) to Indian farmers. AgroStar currently operates in the states of Gujarat, Maharashtra, and Rajasthan and has over 5 Lakh farmers on its digital platform. Farmers in these states can avail agri solutions for their entire crop life-cycle with a simple “missed call” or through its Android app, which is amongst the highest rated farming focused apps in the country. Over the next 5 years, we plan to continue to provide incremental value to farmers in terms of wide range of inputs delivered at their doorsteps, world-class agronomy guidance and also access to market linkages and credit.
Veritas Finance Private Limited, a non-banking finance company, provides financial services for micro, small, and medium enterprises (MSME) primarily in the rural and semi-urban areas in India. It offers MSME, working capital, and construction loans, as well as loans for business expansion, purchase of assets, construction of houses, etc. The company was founded in 2015 and is based in Chennai, India.
ASA International Group PLC provides microfinancing services in Africa and Asia. The company offers loans to low-income and financially underserved female entrepreneurs, as well as small business owners. It operates through a network of 1,895 branches. The company was founded in 2007 and is headquartered in Amsterdam, the Netherlands.

Grindrod

Post in 2014
Founded in 1910, Grindrod Limited is a logistics company based in South Africa. The firm provides freight logistics, shipping and financial services to its clients internationally.

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.
Bridge International Academies is an operator of scholastic academy services used to provide education to underprivileged children. Its services provide lessons based on national curricula, develop in-depth teacher training and programs, and use cutting-edge wireless technology that enables underprivileged children to get the right education, free of cost, for a brighter future.

Sun King

Debt Financing in 2021
Greenlight Planet Inc develops and manufactures solar lighting and energy devices. It manufactures solar lighting devices, including solar lamps, solar lanterns with mobile charger, and home energy systems. The company offers its products through a network of distributors and it also offers its product online. The company was founded in 2007 and is based in Chicago, Illinois with additional offices in Mumbai, India; and Nairobi, Kenya.

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.
I&M Holdings Plc, together with its subsidiaries, provides personal and business banking products and services in Kenya, Tanzania, Rwanda, Uganda, and Mauritius. It offers personal and business accounts, savings accounts, and fixed deposits; home, car, term, and business loans, as well as overdraft services; e-commerce payment, cheque scanning, and salary transfer services; letters of credit, guarantees, export and import trading, and bill discounting services; and insurance premium financing services. The company also provides foreign exchange and fund transfer, custody and investment, bancassurance, insurance premium financing, government payments, capital, tax payment, and agency banking services; and securities accounts and fiduciary services, as well as facilitates purchase and sale of securities from the stock market, and invests in government securities. In addition, it offers asset finance for individuals or companies for purchasing vehicles or machinery for personal or commercial use; cash management services; credit, debit, and pre-paid cards; and mobile and Internet banking services. Further, the company provides remittance and insurance services; and invests in properties. It has 18 branches and 31 ATMs in Rwanda; 41 branches and 55 ATMs in Kenya; 8 branches and 9 ATMs in Tanzania; and 12 branches and 13 ATMs in Mauritius. I&M Holdings Plc was founded in 1974 and is based in Nairobi, Kenya.

M-KOPA

Private Placement in 2018
M-KOPA Kenya Limited develops and markets solar home systems. It offers solar systems with three lights, phone charging, and a solar powered radio. The company sells its products through dealers and retail shops in Kenya. It offers M-KOPA 5, KOPA 6, KOPA 600, and KOPA 6000. M-KOPA Kenya Limited was founded in 2011 and is based in Nairobi, Kenya. M-KOPA Kenya Limited operates as a subsidiary of M-Kopa, LLC.