IDF Capital
IDF Capital, established on March 1, 2008, is an investment firm based in Illovo, South Africa, and an associate of Identity Partners, which is owned by black women. The firm focuses on investing in the entrepreneurial small and medium-sized enterprise (SME) sector in Africa, aiming to unlock the value of this landscape through tailored financial and non-financial support. IDF Capital manages the IDF Innovation Fund, a venture capital fund that invests in various sectors, including healthcare, media, adtech, health tech, infrastructure, and life sciences, with investment amounts ranging from ZAR 12 million to ZAR 84 million. Committed to fostering economic growth, IDF Capital seeks to empower entrepreneurs, promote sustainability, and facilitate job creation through its investments, reflecting a strong belief in the potential of small businesses to drive trade and economic development across the continent.
cARscan is a Johannesburg-based company that specializes in developing augmented reality mobile applications to monitor the visible condition of motor vehicles throughout their life cycle. The primary offering, cARscan, utilizes visual recognition AI to create a traceable digital record of each car, allowing users to document its condition accurately. In addition, the company offers cARtag, a mobile app that provides real-time quotes and validation of car conditions from industry experts. These applications are designed to enhance the automotive ecosystem by facilitating various transactions—such as buying, selling, renting, servicing, insuring, financing, and auctioning vehicles—while reducing the risks of fraud and uncertainty in the industry.
Mortgage Market is a fintech startup that has created an online marketplace for home loans. Users are able to access a home loan easily via its online platform.
cARscan is a Johannesburg-based company that specializes in developing augmented reality mobile applications to monitor the visible condition of motor vehicles throughout their life cycle. The primary offering, cARscan, utilizes visual recognition AI to create a traceable digital record of each car, allowing users to document its condition accurately. In addition, the company offers cARtag, a mobile app that provides real-time quotes and validation of car conditions from industry experts. These applications are designed to enhance the automotive ecosystem by facilitating various transactions—such as buying, selling, renting, servicing, insuring, financing, and auctioning vehicles—while reducing the risks of fraud and uncertainty in the industry.
Droppa Group (Pty) Ltd. provides on-demand delivery of goods and furniture for the offices and households. The company provides services, including instant quote, vehicle selection, and booking options through its platform. It provides retailers, warehouses and small businesses, the Droppa Retail B2B platform and allows e-commerce platforms to integrate with Droppa for last mile deliveries. The company was incorporated in 2018 and is based in Centurion, South Africa
MomSays is a digital platform based in Johannesburg, South Africa, designed to assist mothers in navigating the overwhelming array of products available in the modern motherhood marketplace. The platform connects mothers based on shared interests and geographical location, facilitating product recommendations that help them make informed purchasing decisions. By leveraging user-generated content and storytelling, MomSays enables brands to market their products directly to this audience without traditional advertising methods. The platform currently attracts around 40,000 active users and 100,000 monthly visitors, collaborating with an average of five brands each month. MomSays operates a community-driven marketplace where brands pay a monthly fee to target their products based on specific interests and locations. This unique approach not only empowers mothers by creating a supportive community but also allows brands to efficiently reach their desired demographic, tapping into a significant and growing market. With a focus on user-centric content, MomSays aims to expand its reach globally, transforming the way mothers discover and purchase products.