Chandaria Capital

Chandaria Capital is a venture capital investment firm founded in 2017 and based in Nairobi, Kenya. It invests in innovative ideas with the potential to transform Africa and provides mentorship and strategic support to entrepreneurs to help build impactful companies across the continent.

Hamza Butt

Investment Principal

Past deals in Africa

Nuzo

Seed Round in 2024
Nuzo develops a digital currency wallet for financial transactions, enabling users to save, send, and earn rewards through a token system. The platform also supports cheaper payments, crypto rewards, staking, and bill-pay options, and is designed to help businesses and customers in Africa protect their assets from inflation and currency devaluation.

Craydel

Pre Seed Round in 2023
Craydel is an online platform that helps African students and working professionals discover, compare, and apply to higher education programs worldwide. It offers thousands of undergraduate, postgraduate, and vocational courses from leading universities and colleges in 15 countries, including many online options.

Helium Health

Series B in 2023
Helium Health specializes in digitizing healthcare systems in Africa. It offers software tools for hospitals and clinics to manage patient health records, operations, and telemedicine. The company aims to create the largest healthcare data exchange in Africa.

Jumba

Pre Seed Round in 2022
Jumba is a construction technology platform based in Nairobi, Kenya, established in 2022, that streamlines B2B procurement of construction materials and financing. The platform allows hardware stores and construction firms to order a wide range of materials (cement, steel, paint, tiles, plumbing, electrical components, glass, kitchen and bathroom finishes) and to pay later. It aggregates materials from multiple suppliers, manages logistics and financing, and provides transparent pricing, quality control, and efficient delivery options. By offering a dependable sourcing channel and consolidated procurement, Jumba aims to help projects stay on budget and on schedule.

Umba

Series A in 2022
Umba is an African digital bank offering free bank accounts and connected financial services. Founded in 2017, it operates in Kenya and Nigeria, providing customers with complete control of their finances via a single mobile application.

Craydel

Pre Seed Round in 2021
Craydel is an online platform that helps African students and working professionals discover, compare, and apply to higher education programs worldwide. It offers thousands of undergraduate, postgraduate, and vocational courses from leading universities and colleges in 15 countries, including many online options.

Fingo Africa

Venture Round in 2021
Fingo Africa is a fintech startup that offers a digital banking platform aimed at young customers. The service includes current accounts, real‑time money transfers, bill and utility payments, link‑based payments, and savings goal tools. The platform enables users to send money to friends, family, or businesses through a mobile interface, providing a convenient and comprehensive digital banking experience.

Fingo Africa

Seed Round in 2021
Fingo Africa is a fintech startup that offers a digital banking platform aimed at young customers. The service includes current accounts, real‑time money transfers, bill and utility payments, link‑based payments, and savings goal tools. The platform enables users to send money to friends, family, or businesses through a mobile interface, providing a convenient and comprehensive digital banking experience.

Ilara Health

Series A in 2020
Ilara Health develops and distributes AI-powered diagnostic devices for primary care doctors serving rural and peri-urban communities in Africa, with its headquarters in Nairobi, Kenya. The compact devices connect to a proprietary software platform and electronic medical records, recording patient data to support accurate, affordable diagnostics at the point of care. The company aims to expand access to essential diagnostics by targeting the highly fragmented primary care infrastructure and delivering devices directly to clinicians, enabling clinicians to deliver timely, data-backed diagnostic services.

TradeDepot

Series B in 2020
Founded in 2016, TradeDepot is a SaaS platform that connects FMCG distributors, wholesalers, and retailers across Africa. It leverages real-time stock level tracking, predictive trade intelligence, and automated sales promotions to boost sales and improve distribution efficiency.

Carry1st

Seed Round in 2020
Carry1st is a full-stack publisher of mobile social games and interactive content focused on frontier markets, particularly Africa. Founded in 2018, it handles publishing, distribution, localization, user acquisition, marketing, monetization, and customer experience for partner games, enabling developers to reach new audiences through global studios. The company operates with a global team across multiple countries and collaborates with leading studios to grow its portfolio in untapped markets. It has raised capital from notable investors, including Riot Games and others, to fund growth and partnerships.

GET IT Rwanda

Series A in 2020
GET IT is providing produce and dry goods delivery services, including cold storage, beginning with hotels and restaurants. Through its focus on systems, training and superior execution, GET IT seeks to solve the deficiency of cold storage and logistics services in Rwanda and beyond. The company sources produce directly from farmers, cutting out several middlemen who add little value, providing higher quality products at lower cost. GET IT is also introducing new, high demand products to the East African market.

Bamboo

Seed Round in 2020
Bamboo is a digital investment platform based in Lagos, Nigeria, that allows users to buy, hold, or sell stocks listed on the United States and Nigerian stock markets. The platform offers real-time access to stock trading through a mobile application and web interface, making it convenient for users to manage their investments from various devices. By focusing on user-friendly technology, Bamboo aims to simplify the investment process for individuals looking to participate in global financial markets.

Ilara Health

Seed Round in 2019
Ilara Health develops and distributes AI-powered diagnostic devices for primary care doctors serving rural and peri-urban communities in Africa, with its headquarters in Nairobi, Kenya. The compact devices connect to a proprietary software platform and electronic medical records, recording patient data to support accurate, affordable diagnostics at the point of care. The company aims to expand access to essential diagnostics by targeting the highly fragmented primary care infrastructure and delivering devices directly to clinicians, enabling clinicians to deliver timely, data-backed diagnostic services.

Savannah Brands

Seed Round in 2019
Savannah Brands is a craft beverage company based in Limuru, Kenya, specializing in the manufacture of flavored ciders and spirit mixers. Founded in 2017, the company offers a diverse range of products, including dawa honey cider, mango cider, chili cider, tropical fruit cider, zobo cider, and lime cider, among others. In addition to its beverage offerings, Savannah Brands also engages in community-building activities by organizing live music events. The company's focus on local flavors and innovative products reflects its commitment to the East African market.

Kobo360

Seed Round in 2018
Kobo360 is a digital logistics platform that connects cargo owners, truck owners/drivers, and recipients. It uses data analytics and technology to streamline supply chains, reduce waste, and enable efficient delivery of goods across Africa.

Mobius Motors

Series A in 2018
Mobius Motors Ltd. is a vehicle manufacturer based in Nairobi, Kenya, established in 2011. The company focuses on designing, producing, and selling affordable vehicles tailored for the African mass market, specifically addressing the needs of consumers in developing regions. Mobius Motors' vehicles are engineered for durability and functionality, making them suitable for transporting heavy cargo, navigating rough and degraded terrains, and serving public transport and goods delivery needs. The company's mission is to enhance connectivity and improve the livelihoods of rural African communities by providing appropriate transportation solutions.

Wasoko

Corporate Round in 2017
Wasoko is an Africa-focused e-commerce platform that connects small shops and informal retailers with suppliers, allowing retailers to place orders via SMS or a mobile app and receive free same-day delivery to their stores. By digitizing procurement, the platform expands access to a broad range of essential goods, helping manufacturers and distributors reach more stores and improve product availability for consumers in emerging markets. The service supports trade and economic growth across Africa by increasing sales, widening market coverage for suppliers, and delivering a stable, efficient sourcing experience.

ZUMI

Seed Round in 2017
ZUMI is a Kenyan company founded in 2016 that operates an online platform designed to connect wholesalers and retailers in the fashion and beauty sectors. Based in Nairobi, ZUMI empowers retailers, particularly women entrepreneurs, by providing essential technology, logistics, and financial services to help them scale their businesses. The platform facilitates a transparent and affordable marketplace where customers can place orders through SMS, phone calls, or via ZUMI Agents. Each morning, ZUMI collects orders from suppliers, and its logistics partners ensure delivery within 18 hours, allowing customers to pay conveniently using mobile money. Through its innovative approach, ZUMI aims to enhance the retail experience and improve access to products for its users.

KOKO Networks

Seed Round in 2017
KOKO Networks Ltd is a technology company founded in 2014 and based in Nairobi, Kenya, with additional offices in East Africa and India. The company develops a platform aimed at enhancing smart commerce in urban Africa. KOKO's innovative suite of technologies connects suppliers, retailers, and customers, facilitating the delivery of various consumer and business solutions designed to improve quality of life in African cities. Through its operations, KOKO Networks addresses the unique challenges of emerging markets by leveraging technology to streamline commerce and enhance accessibility to essential services.

KOKO Networks

Funding Round in 2015
KOKO Networks Ltd is a technology company founded in 2014 and based in Nairobi, Kenya, with additional offices in East Africa and India. The company develops a platform aimed at enhancing smart commerce in urban Africa. KOKO's innovative suite of technologies connects suppliers, retailers, and customers, facilitating the delivery of various consumer and business solutions designed to improve quality of life in African cities. Through its operations, KOKO Networks addresses the unique challenges of emerging markets by leveraging technology to streamline commerce and enhance accessibility to essential services.
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