Bike Bazaar operates under WheelsEMI Private Limited, which specializes in the retail financing of both new and pre-owned two-wheelers. The company provides a variety of financing options, including loans for new and used two-wheelers, loans against vehicles, peer-to-peer lending, and financing for electric two-wheelers. Established in 1997 and headquartered in Shivajinagar, India, WheelsEMI serves a diverse customer base across major cities such as Pune, Bangalore, Chennai, Hyderabad, Mumbai, and Delhi. By employing a proprietary underwriting tool, WheelsEMI is able to offer loan approvals with minimal documentation, making it accessible for a wider range of customers seeking to finance their two-wheeler purchases.
Kiri EV is a manufacturer of electric vehicles and charging systems focused on the Kenyan and East African markets. The company produces a variety of electric transportation options, including scooters, motorcycles, auto rickshaws, and carriers. Their vehicles incorporate advanced features such as direct current motor technology, antilock braking systems, customizable components, removable batteries, and silent motors. Kiri EV aims to demonstrate the viability and importance of electric vehicles in transforming transportation across the African continent, challenging the traditional motor industry in the process. By offering affordable and innovative solutions, Kiri EV seeks to promote the adoption of electric mobility in the region.
Zuri Health is a virtual hospital focused on delivering accessible healthcare solutions to patients across Sub-Saharan Africa. Through its mobile app, website, and an artificial intelligence-powered chatbot, Zuri Health allows users to consult with doctors, purchase medications, and book laboratory and diagnostic tests. The platform also offers telemedicine services and facilitates home visits from healthcare professionals. By providing these services via mobile technology, including SMS for those without smartphones, Zuri Health aims to reach individuals in rural and underserved areas, ensuring that affordable healthcare is accessible to a broader population.
agriBORA builds an end-to-end ecosystem around farmers, bringing farming inputs, financial services, and the output market closer together. They balances the use of technology and human touch to de-risk smallholder agriculture systems and improve farm productivity and facilitate effective trading in collaboration with their partners.
Developer of a customer management system designed for collecting, analyzing, and interpreting customer data. The company's platform features the ability to provide automatic interactive voice response, unstructured supplementary service data, and a lead generation system among others, helping businesses to plan, engage, and analyze customer relations.
Massive Bio, Inc. is a New York-based company that offers testing and treatment advisory services tailored to cancer patients and oncologists. Founded in 2014, the company employs an artificial intelligence-powered platform to connect patients with clinical trials and optimize cancer care. Through its Personalized Oncology Advisor, Massive Bio integrates cancer genomics and targeted therapies into clinical decision-making, providing both diagnostic and treatment options, including access to clinical trials. The company operates two main platforms: a business-to-consumer (B2C) platform that delivers on-demand products and services for patients and their oncologists, and a business-to-business (B2B) platform designed for hospitals and insurance companies. Additionally, Massive Bio addresses patient enrollment challenges in clinical trials by utilizing advanced technology and real-world data to streamline processes, ensuring patients receive effective treatment while minimizing financial burdens. The company serves a diverse clientele that includes patients, oncologists, hospitals, and payers.
Banco Pan S.A. is a middle-sized financial institution based in São Paulo, Brazil, specializing in a range of financial services. The company offers payroll loans, vehicle financing, consumer lending, and credit cards, along with insurance services. It also engages in consortium activities and provides investment products, including bank deposit certificates and real estate letters of credit. Banco Pan distributes its services through a network of correspondent banks, authorized dealerships, and real estate partners. Originally known as Banco Panamericano S.A., the company rebranded to Banco Pan S.A. in August 2014 and is a subsidiary of Banco BTG Pactual S.A.
Copia Global is an e-commerce company based in Nairobi, Kenya, that focuses on providing a consumer catalog order and delivery system for middle to low-income individuals in developing regions. Founded in 2013, the company enables users to browse products and place orders through a mobile application, which also allows local shopkeepers to manage orders and payments via a mobile payment system. By leveraging mobile technologies and a network of local agents, Copia Global facilitates access to a wide range of quality goods for rural and peri-urban consumers. This innovative approach ensures that individuals without reliable internet access can still make purchases and receive products conveniently, ultimately empowering them as consumers.
HDBank was established in 1990, is one of the first joint-stock commercial banks in the country. Over 30 years of operation, HDBank is now one of the leading banks in Vietnam and is expanding internationally. HDBank has strong financial potential and modern technology, providing a wide range of financial and banking services to individuals, businesses, and investors.
Private Equity Round in 2021
Annapurna Finance Private Limited is a non-banking financial company based in Bhubaneswar, India, that specializes in providing microfinance services primarily to women and low-income households in rural and semi-urban areas. The company focuses on income generation loans for self-help groups and joint liability groups, offering financing for agricultural activities, micro enterprises, and various business needs. Additionally, it provides housing finance for home construction and renovation, as well as loans tailored for individuals with disabilities and the financially excluded. Annapurna Finance also supports initiatives for safe water and sanitation, dairy development, and solar energy, while offering credit-linked insurance to its clients. Originally founded as Annapurna Microfinance in 2009, the company changed its name in 2018 to reflect its broader mission of facilitating economic empowerment and integrating underserved populations into the formal financial system.
DrugStoc is a pharmaceutical product procurement platform that aims to improve access to safe and quality medications for healthcare providers in Africa. The company provides hospitals, pharmacies, and government facilities with a seamless end-to-end procurement experience, facilitating the purchase of affordable pharmaceutical and healthcare products. By focusing on eliminating counterfeit drugs and streamlining the procurement process, DrugStoc supports healthcare professionals in delivering better services to their clients. Their mission is to empower healthcare providers, making it easier for them to obtain the essential medications and consumables required for effective patient care.
Eranove SA, formerly known as Finagestion, is a prominent provider of public service management, focusing on electricity and drinking water production in West Africa. The company operates in Côte d’Ivoire, Senegal, and the Democratic Republic of Congo, with a long-standing presence in these regions. Its activities encompass electricity generation through hydroelectric dams and thermal power stations, as well as the transmission and distribution of electricity. Eranove is also involved in the production and distribution of potable water, managing treatment facilities and water transport networks. Additionally, the company addresses sewage and rainwater collection and offers data transmission services through power lines. Eranove is committed to corporate social responsibility, adhering to quality and environmental standards recognized by international certifications. Founded in 2003 and headquartered in Paris, France, Eranove plays a critical role in enhancing access to essential services across its operational territories.
Daystar Power specialises in providing solar power and energy efficiency solutions for businesses in the commercial, industrial, and agricultural sectors that result in significant reduction of power costs, diesel consumption and pollution.
Turnkey Lender develops cloud-based loan management solutions aimed at automating the lending processes for non-bank lenders and microfinance institutions. Established in 2014 and headquartered in Singapore, the company provides a comprehensive suite of modular tools that cover loan origination, underwriting, servicing, risk management, debt collection, and regulatory compliance. Its platform supports a wide range of loan products, including consumer loans, microfinance, payday loans, auto loans, mortgages, and various alternative lending categories. With features that integrate artificial neural network-based credit scoring and mobile-based evaluations, Turnkey Lender facilitates a fully automated lending experience for small and mid-sized lenders, making it accessible in over 40 countries. The company's mission includes lowering technology barriers in lending and promoting financial inclusion by offering a user-friendly, no-code software-as-a-service (SaaS) platform.
PT. SiCepat Ekspres Indonesia is a logistics company established in 2004 and headquartered in Jakarta Pusat, Indonesia. The company specializes in courier delivery services throughout Indonesia, providing a range of logistics and shipping solutions. Its offerings include freight forwarding, warehousing, parcel courier, consignment, and delivery services. SiCepat Ekspres aims to facilitate trade in emerging markets by ensuring the timely movement of shipments, thereby supporting businesses in their growth and operational efficiency.
Business and sustainability can go hand-in-hand. Their unique strategy interweaves business goals with environmental sustainability and social responsibility, producing mutually beneficial results. By contributing to community’s socio-economic development in the short-term, they foresee delivery of continual value to their shareholders. Through their community engagement initiatives, they are contributing to uplift the lifestyle of communities they work with.
BizCapital provides loans to SMEs without access to large banks through an evaluation machine that analyzes and ranks each request in a few seconds, analyzing the variables digitally, enabling customers to get loans to operate business through an online lending platform.
Founded in 2016, Flow is a credit management company that is transforming the business of unsecured consumer finance through AI technologies and ethical practices in the APAC region. One-size-fits-all approach of traditional debt collection is limiting for both lenders and borrowers. Redefining debt collection begins with creating personalised, digital-first experiences that help consumers overcome their financial difficulties. Flow’s data-driven collection strategies have proven remarkable recovery rates for top financial institutions and have supported over 2.8 million consumers to date.
PT Indosurya Inti Finance is one of the financial institution entities under the auspices of Indosurya Group which is engaged in finance and property in Indonesia for more than 30 years.We are the first Multifinance Company in Indonesia that focuses on providing small and medium business (SME) financing facilities, as a form of our commitment to support economic growth, especially in the small and medium business sector which is evenly distributed to the people in Indonesia.
LivFin India Private Limited is a non-banking financial company based in Gurugram, India, that specializes in providing invoice finance solutions to small and medium enterprises (SMEs). Established in 1996 and formerly known as Docile Fincap Private Limited, LivFin offers a range of financial products, including supply chain finance, working capital solutions, vendor finance, and both sales and purchase invoice finance. The company is registered with the Reserve Bank of India and focuses on granting small business loans without requiring collateral, recognizing the unique challenges faced by small business owners. Through its innovative loan management platform, LivFin enables clients to access the necessary working capital for essential operations, thereby supporting their growth and sustainability.
Sky.Garden develops an online platform that enables businesses to sell any product to defined audiences in Africa. The company also offers its services through a mobile application. The company serves informal traders, small and medium enterprises, and established businesses. The company was founded in 2015 and is based in Nairobi, Kenya.
DataArt Solutions, Inc. is a technology consulting firm that specializes in designing, developing, and supporting software solutions across a variety of industries, including finance, healthcare, retail, media, and travel. Established in 1997 and headquartered in New York, the company offers a broad range of services encompassing agile software development, managed support, security, quality engineering, and digital transformation. DataArt focuses on creating custom software that enhances operational efficiency and facilitates market expansion for its clients. The firm integrates advanced technologies such as artificial intelligence, cloud computing, and blockchain into its solutions, while maintaining a commitment to human values like curiosity and empathy. This approach fosters strong, lasting partnerships with clients, enabling them to optimize their software development processes and minimize risks in critical systems. With additional locations in the United States and abroad, DataArt continues to deliver high-quality, impactful solutions tailored to its clients' needs.
BIO-LUTIONS International AG, founded in 2017 and based in Hamburg, Germany, specializes in the production of sustainable packaging and disposable tableware made from agricultural residues. The company offers a range of products, including plates, bowls, compartment plates, and trays in various sizes, all designed to serve as eco-friendly alternatives to traditional petroleum-based plastics and cellulose paper. By utilizing locally sourced agricultural byproducts, BIO-LUTIONS not only reduces transport distances but also fosters local value creation. Their innovative mechanical processes allow them to produce biodegradable materials suitable for various applications, such as injection molding and blown containers. The company's commitment to sustainability aims to mitigate environmental impact while providing customers with independence from fluctuating prices of petroleum and cellulose, thus promoting a more circular economy.
Suryoday Small Finance Bank Limited is a small finance bank in India focused on promoting financial inclusion for the unserved and underserved segments of the population. Established in 2008 and based in Navi Mumbai, the bank offers a range of banking services, including savings and current accounts, term deposits, and loans for mortgages, commercial vehicles, and micro, small, and medium enterprises. It also provides home loans, secured business loans, and group loans, along with various insurance products and pension schemes. The bank supports its customers with debit cards, NRI banking services, and digital banking facilities, while also operating 482 banking outlets across 12 states and union territories as of July 2020. Originally founded as Suryoday Micro Finance Limited, the institution rebranded in January 2017 to better reflect its broader banking services aimed at improving the financial well-being of economically disadvantaged individuals and reducing poverty in its operational areas.
GreenPath Food, Inc. is a company based in Butajira, Ethiopia, that specializes in the production and sale of avocados as well as a variety of other organic fruits and vegetables, including African bird’s eye chili, edamame, lemongrass, moringa, and rosemary. The company focuses on enhancing food production on Partner Farms by promoting organic, bio-diverse, and sustainable farming practices. This approach not only increases the yield of nutritious crops but also helps farmers move away from reliance on synthetic chemicals and pesticides, which can harm both the environment and human health. By cultivating food through permaculture-based methods and without machinery, GreenPath supports smallholder agriculture, contributing to sustainable supply chains and enabling farmers in East Africa to adopt environmentally friendly practices while providing consumers with fresh, healthy produce.
Essmart is a technology distributor focused on enhancing the quality of life in rural areas of southern India by providing access to essential products. Established in 2011, the company collaborates with local retail shops to distribute a diverse range of life-improving goods, including solar lanterns, water filters, smokeless cook stoves, and agricultural products. By integrating an in-store presence, Essmart enables these shops to serve as hubs for innovative technologies that benefit their communities. Additionally, the company supports local retailers by facilitating manufacturers’ warranties, ensuring that customers receive reliable and impactful products. With its commitment to social impact, Essmart aims to empower rural shop owners and improve their customers' lives through the sale of clean and sustainable technologies.
Orb Energy Private Limited specializes in designing, manufacturing, marketing, selling, installing, and servicing solar photovoltaic and solar water heating systems for residential and commercial customers. Founded in 2006, the company is headquartered in Bengaluru, India, with additional operations in Kenya and Singapore. Its product range includes polycrystalline and monocrystalline solar panels, solar inverters, solar street lights, solar rooftops, solar power plants, solar water pumping systems, and heat pumps. Orb Energy also offers franchising opportunities, enabling customers to sell its products through a network of over 90 branches. The company aims to provide affordable renewable energy solutions, particularly targeting off-grid households in India. With plans to expand its branch network and workforce, Orb Energy seeks to increase its reach and impact in the renewable energy sector.
Daystar Power specialises in providing solar power and energy efficiency solutions for businesses in the commercial, industrial, and agricultural sectors that result in significant reduction of power costs, diesel consumption and pollution.
BIO-LUTIONS International AG, founded in 2017 and based in Hamburg, Germany, specializes in the production of sustainable packaging and disposable tableware made from agricultural residues. The company offers a range of products, including plates, bowls, compartment plates, and trays in various sizes, all designed to serve as eco-friendly alternatives to traditional petroleum-based plastics and cellulose paper. By utilizing locally sourced agricultural byproducts, BIO-LUTIONS not only reduces transport distances but also fosters local value creation. Their innovative mechanical processes allow them to produce biodegradable materials suitable for various applications, such as injection molding and blown containers. The company's commitment to sustainability aims to mitigate environmental impact while providing customers with independence from fluctuating prices of petroleum and cellulose, thus promoting a more circular economy.
Private Equity Round in 2017
Retailability Proprietary is engages in fashion apparel retail offering fashionable in-house and branded labels at low price points targeted at low to lower-middle income consumers in Southern Africa.
ContourGlobal is an international power generation company that develops, acquires, operates, and manages wholesale electric power generation assets. Established in 2005 and headquartered in London, the company operates a diverse portfolio of approximately 4,841 megawatts across 107 thermal and renewable energy power plants in 18 countries on three continents. Its Renewable Energy Segment generates electricity using hydro, solar, wind, and biogas, contributing 1,808 megawatts, while the Thermal Energy Segment relies on gas, coal, and oil to produce 2,509 megawatts. With a workforce of around 2,000 employees, ContourGlobal aims to create economic and social value through sustainable power generation, focusing on long-term contracts and a diversified approach to fuel sources and geographical presence.
Private Equity Round in 2016
Beloxxi Industries Limited is a Nigerian company that specializes in the production and supply of biscuits, particularly cream crackers. Founded in 1994 and headquartered in Agbara, Nigeria, Beloxxi operates under stringent hygienic standards to ensure the quality and safety of its products. The company markets its biscuits through a network of distributors across Nigeria, focusing on providing affordable products without compromising quality. Beloxxi emphasizes the use of high-quality raw materials in its manufacturing processes and is dedicated to continuous improvement to enhance consumer satisfaction and meet global standards. The company, previously known as Beloxxi & Company Limited, rebranded in January 2003 to reflect its growth and commitment to excellence in the biscuit industry.
As the first independent tower company in Africa, Helios Towers Africa has been built from the ground up to provide passive infrastructure services in the fastest growing continent in the world. Seven of the world's ten fastest-growing economies are African. We have established one of Africa’s most extensive tower networks with more than 6,500 towers over four markets.
M/s. Uttam Galva Metallics Limited has set up a Steel Manufacturing Plant comprises of Blast Furnace, Sinter Plant, Coke Oven Plant, 2.5 MW Top Gas Recovery Plant & 15 MW Gas based Captive Power Plant at Villages Bhugaon, in Wardha district of Maharashtra.
Ivy Hospital is a landmark tertiary care health destination promoted by a team of professionals. The Super-Speciality Hospital / Healthcare Institute with Modern Diagnostic Centre and a capacity of 180 beds has the state-of-the-art technology over virtually all specialties. The technology advantage is complemented by the man power excellence providing sophisticated and specialized medical care at affordable cost.
NSL Renewable Power Private Limited is a prominent player in the renewable energy sector in India, focusing on the development, operation, and management of a diverse range of energy projects. Incorporated in 1985 and based in Hyderabad, the company operates as a subsidiary of NSL Group of Companies Pvt Ltd. Its portfolio includes wind, solar, biomass, hydel, and thermal power projects. With a skilled workforce, NSL Renewable Power has positioned itself as an independent power producer, leveraging its expertise across various energy verticals to implement and operate projects effectively. The company aims to generate returns while contributing positively to society through its renewable energy initiatives.
Azure Power Global Limited, together with its subsidiaries, engages in the development, construction, ownership, operation, maintenance, and management of solar power plants in India. It generates solar energy based on long-term contracts with Indian government energy distribution companies, as well as other non-governmental energy distribution companies and commercial customers. As of March 31, 2020, the company operated 43 utility scale projects and various commercial rooftop projects with a combined rated capacity of 1,808 MW. Azure Power Global Limited was founded in 2008 and is based in New Delhi, India.
m2p-labs was founded in November 2005 as a spin off of the department of biochemical engineering and the institute of materials in electrical engineering of the RWTH Aachen University. m2p-labs is a biotechnology company focused on the support of micro reaction solutions in biochemical engineering. The company offers a unique quantitative micro reactor cultivation system which is applicable in high content screening and bioprocess development.
HNG Float Glass Ltd. is a manufacturer based in Mumbai, India, specializing in the design, production, distribution, and installation of float and safety glass products. Founded in 2006, the company offers a diverse portfolio that includes clear float glass, tinted float glass, reflective glass, mirrors, and low iron solar glass, ensuring uniform thickness and scratch-resistant, bubble-free quality for its customers. The applications of its products span various sectors, including curtain wall glazing, windows, shop fronts, structural glass, shower enclosures, furniture, table tops, partitions, and balustrades. HNG Float Glass distributes its products through a network of suppliers and operates additional sales offices in Mumbai and Janak Puri. The company is a subsidiary of Trakya Cam Sanayii A.S.