Gravita India Ltd operates in the metal recycling and fabrication industry, focusing on several key business segments including lead processing, aluminum processing, turn-key solutions, and plastic manufacturing. The company produces a range of products such as lead, aluminum, and various plastic materials. While it primarily serves the Indian market, Gravita India also exports its products to international markets, including the United Arab Emirates and South Korea. The lead processing segment is the main contributor to the company's revenue, highlighting its significance within Gravita India's overall business operations.
Developer of an IoT-based fleet management software designed to optimize fleet operations. The company's solution offers features such as GPS tracking, route optimization, fuel management, maintenance management, car sharing, generalized reduction of a fleet's environmental impact, driving analysis, and implementation of a real safety policy, enabling clients with increased efficiency, safety, and sustainability of their operations.
Greenlight Planet Inc. develops and manufactures solar lighting and energy devices aimed at underserved populations. Founded in 2009 and based in Chicago, Illinois, with offices in Mumbai and Nairobi, the company designs products like the Sun King solar lamps and home energy systems. These products are distributed through a network of partners, including micro-finance institutions and local micro-entrepreneurs, enhancing accessibility to affordable solar energy solutions. Greenlight Planet's mission focuses on delivering reliable and cost-effective home energy products to improve the living conditions of households in the developing world. The company operates in various countries across Africa and India, ensuring a broad reach for its innovative solar technologies.
Producer of fruits and vegetables intended to transform the scenario of traditional Indian farming. The company procures, processes and markets fruits and vegetables from its network of small and marginal farmers including fresh fruits like grapes, vegetables and processed foods such as aseptic pulps and frozen fruit pulps, enabling farmers to export their products abroad.
Northern Arc Capital Limited is a non-banking financial company based in Chennai, India, established in 1989. The company specializes in providing a range of financial services, including microfinance, agricultural finance, housing finance, vehicle finance, and consumer finance. It also offers small business and gold loans, along with fintech services. Northern Arc focuses on connecting high-quality originators to enhance financial service access for underserved households and businesses. In addition to its lending services, the company provides structured products, capital market instruments, term loans, debt syndication, guarantee-backed lending, and fund management services. Originally known as IFMR Capital Finance Private Limited, the company rebranded to Northern Arc Capital Limited in March 2018.
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.
Operator of a coding institution intended to develop technical skills among students. The company specializes in software engineering, data science, professional development and other courses through intensive rapid skills training programs, enabling the pupils and graduates to get full-time and part-time education options to learn and compete in the global digital economy.
GoMyCode is changing the education market by training talents in a dynamic belnded environement on digital skills and connects them with tech opportunities around the world. Based on 4 Main Aspects: - Data based Assessment - Data based matching - Business Analytics - Learning Platform - Content Editor GoMyCode provides digital Skills Training for the Future of Work. In 4 Different fields: - DATA - DEVELOPMENT - DESIGN - DIGITAL MARKETING
Serengeti Energy abides by the requirement that all of its operations have a beneficial impact on markets throughout the community. As such, it invests in and co-develops small and medium-sized renewable energy projects. They concentrate on the design, building, and operation of new and renovated independent power plants. Additionally, they offer installation and maintenance services for semiconductors used in renewable energy.
Enko Education Investments (PTY) LTD, founded in 2013 and headquartered in Johannesburg, South Africa, operates a network of international secondary schools across Africa, including offices in Cameroon, Mozambique, and Côte d’Ivoire. The organization is dedicated to preparing students for admission to the world's leading universities through a unique educational program. Its schools employ an internationally recognized curriculum that promotes innovative learning, allowing students to receive a high-quality education at discounted fees. Enko Education aims to provide a launchpad for students aspiring to further their studies globally.
GoodLife Pharmacy is a retail pharmacy chain headquartered in Nairobi, Kenya, serving over 600,000 customers across 19 locations in East Africa. The company specializes in providing a wide range of health and personal care products, including pharmaceuticals and wellness items. In addition to its retail offerings, GoodLife Pharmacy also delivers essential health services such as blood pressure and blood glucose monitoring, body mass index assessments, malaria testing, family nutrition guidance, doctor consultations, and laboratory services. This comprehensive approach enables patients to access affordable and convenient healthcare solutions.
Developer of an on-demand logistics application designed to facilitate the transportation of shipments across places. The company's logistics platform offers live tracking, an intelligent address system, and automatic dispatch to offer a fully digitalized postal logistics service, enabling clients to avail of timely movement of shipments.
WIOCC specializes in high-capacity connectivity solutions, linking Africa with global financial and commercial centers. Recognized as a key player in the wholesale market, it caters to carriers, mobile operators, and internet service providers by offering customized bandwidth packages tailored to meet diverse customer needs. With a comprehensive range of services, including global connectivity, carrier IP transit, and colocation, WIOCC ensures built-in redundancy in its network, safeguarding traffic and enhancing reliability. Operating across more than 30 African countries, the company positions itself as a pivotal provider of managed connectivity services for cloud operators and content providers, effectively supporting the growing demand for fixed and mobile broadband in Africa's evolving markets.
Khan Bank is a universal bank based in Mongolia that provides a wide range of banking and financial services to consumers, small and medium enterprises, and corporate clients. Its offerings include consumer loans, mortgage loans, herd loans, business loans, and various banking services such as internet and telephone banking. Additionally, the bank facilitates foreign payments and offers banking card services, alongside customer service and insurance brokerage services. By catering to the diverse financial needs of its clients, Khan Bank aims to support their growth and contribute positively to the well-being of society.
Private Equity Round in 2021
Africa Mobile Networks Ltd finances, builds, and operates mobile network base stations in Sub-Saharan Africa region, connecting the unconnected rural population. The company combines low power Base Transceiver Station (BTS) transmitters with Very Small Aperture Terminal (VSAT) satellite technology and directs traffic onto an existing network, using solar panels to power the systems. Africa Mobile Networks Ltd was founded in 2013 and is based in Milton Keynes, United Kingdom.
Private Equity Round in 2021
d.light is a company that designs, manufactures, and distributes solar lighting and power products, primarily aimed at households and small businesses lacking reliable electricity. Founded in 2007 as a for-profit social enterprise, d.light has developed a range of products, including solar lanterns, home systems, and various appliances, to serve over 2 billion people globally. With distribution hubs in East and West Africa, India, Southeast Asia, and the United States, the company has reached over 65 million individuals, providing affordable and accessible solar solutions. d.light is committed to transforming energy usage and payment methods, enhancing the quality of life for users in rural and semi-urban areas through its innovative solar-powered products. The company operates from its headquarters in Palo Alto, California, with additional offices in key locations such as Shenzhen, China; Gurgaon, India; Nairobi, Kenya; Kampala, Uganda; and Lagos, Nigeria.
Medsaf is a pharmaceutical supply chain company based in Lagos, Nigeria, founded in 2014. It specializes in the delivery of medications, including antacids, antiviral drugs, antineoplastics, and various supplements, to hospitals, pharmacies, clinics, NGOs, and government entities. Medsaf aims to enhance the availability, affordability, and quality of medications in emerging markets through its end-to-end procurement platform. The company utilizes technology to automate and finance medication procurement, integrating logistics, quality control, and financing services. With a focus on data analytics and blockchain, Medsaf provides stakeholders with essential information regarding the movement of medications, ensuring a more efficient supply chain. The company also offers its products online, expanding access to vital healthcare resources.
Nuru, SARL generates and manages renewable electric energy. The company offers solar micro grid energy to the Congolese households, businesses, and organizations. Additionally, the company installs solar PV and storage micro grid across country. Nuru, SARL was formerly known as Kivu Green Energy and changed its name to Nuru, SARL in September, 2019. The company was founded in 2015 and is based in Goma, Democratic Republic of the Congo.
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.
Solarise Africa is a pan-African energy leasing company based in Nairobi, Kenya, specializing in financial leasing services for solar photovoltaic (PV) and other renewable energy assets. The company primarily targets Commercial and Industrial (C&I) clients, offering scalable financing solutions designed to facilitate the deployment of clean energy systems. Solarise Africa focuses on projects that include captive rooftop and ground-mounted solar installations ranging from 100 kW to 3 MW. By collaborating closely with a select network of partners, the company promotes clean energy adoption, aiming to reduce clients' carbon footprints and operational costs. Currently active in Kenya, Solarise Africa plans to expand its operations into South Africa and other regions across East, Southern, and West Africa.
Proximity Designs is a non-profit organization founded in 2004 that focuses on improving the livelihoods of farmers in Myanmar through innovative agricultural solutions. The organization designs and manufactures a range of farming equipment, including sprinklers, solar irrigation pumps, and hand-powered water pumps. In addition to its agricultural products, Proximity Designs offers agronomy advisory services, social services, and agricultural financing through Proximity Finance, a microfinance institution that currently serves approximately 100,000 households with plans to expand significantly in the coming years. The organization aims to promote sustainable farming practices and enhance economic opportunities for rural communities in Myanmar. Headquartered in South Pasadena, California, it also operates an office in Yangon, Myanmar.
Rensource Inc offers subscription based solar power services to to consumers and small businesses. The company generates electricity using small solar-hybrid systems that are installed in the premises of the final customer. It offers different subscription plans which include Go, Eco, Duplo, and Pro based on energy requirements of the customer. Rensource Inc was founded in 2015 and is based in Lagos, Nigeria.
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.
NeoGrowth Credit Private Limited is a non-banking financial institution based in Mumbai, India, established in 1993. The company specializes in providing business loans tailored for micro, small, and medium enterprises. Its services include retail finance, vendor finance for manufacturers and suppliers of large corporations, and purchase finance for traders and service providers acquiring goods from major corporate clients. NeoGrowth primarily focuses on meeting the financial needs of small businesses across various sectors, including retail, hospitality, and health services. It began commercial operations in 2013 and aims to support businesses that sell consumer goods and services, such as apparel, electronics, handicrafts, and personal care services.
Jumo World Limited operates a mobile money marketplace that connects private individuals, small businesses, and mobile network operators to a range of financial products. Founded in 2010 and based in Cape Town, South Africa, the company leverages advanced data science and machine learning to offer innovative financial services, including savings, loans, and insurance, particularly for entrepreneurs in emerging markets across Africa and Asia. Jumo's platform facilitates access to these services through partnerships with mobile network operators, enabling users to build financial identities based on their mobile behavior. By creating a digital banking solution that is cost-effective and responsible, Jumo aims to empower users with unprecedented financial choices, ultimately fostering economic growth and prosperity.
Enko Education Investments (PTY) LTD, founded in 2013 and headquartered in Johannesburg, South Africa, operates a network of international secondary schools across Africa, including offices in Cameroon, Mozambique, and Côte d’Ivoire. The organization is dedicated to preparing students for admission to the world's leading universities through a unique educational program. Its schools employ an internationally recognized curriculum that promotes innovative learning, allowing students to receive a high-quality education at discounted fees. Enko Education aims to provide a launchpad for students aspiring to further their studies globally.
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.
Enda Tamweel is a microfinance company created in 2015 by the NGO Enda Inter-Arab. Enda Tamweel specializes in offering financial products and services; It will continue to collaborate with Enda Inter-Arab to offer its clients non-financial support services.
Jumo World Limited operates a mobile money marketplace that connects private individuals, small businesses, and mobile network operators to a range of financial products. Founded in 2010 and based in Cape Town, South Africa, the company leverages advanced data science and machine learning to offer innovative financial services, including savings, loans, and insurance, particularly for entrepreneurs in emerging markets across Africa and Asia. Jumo's platform facilitates access to these services through partnerships with mobile network operators, enabling users to build financial identities based on their mobile behavior. By creating a digital banking solution that is cost-effective and responsible, Jumo aims to empower users with unprecedented financial choices, ultimately fostering economic growth and prosperity.
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.
Kingo Energy, founded in 2013 and headquartered in Guatemala City, Guatemala, specializes in manufacturing solar energy systems aimed at providing reliable electricity to underserved rural communities. The company's mission is to improve the quality of life for individuals living without access to a dependable power grid, particularly in regions facing extreme poverty. Kingo offers a prepaid solar energy service that is more affordable than traditional lighting methods, such as candles and kerosene. Their solar energy kits can power essential household items, including light bulbs and mobile phone chargers, with payment options tailored to customers' budgets. Kingo has already benefited over 100,000 people, with significant reported improvements in cost savings, educational performance, and productivity among users. The company operates in Central America and South Africa, with ambitions to expand its reach to over 3 million individuals by 2020. Kingo's executive team comprises experienced professionals from various sectors, including consumer markets, telecommunications, and energy.
Sonata Finance Private Limited is a micro-finance company based in Lucknow, India, focused on providing financial services to women in rural areas. Established in 1995, the company offers a range of loan products designed to support income generation and improve living conditions. These products include individual and group lending options, micro enterprise loans, utility finance, sanitation loans, home improvement loans, and two-wheeler loans. As of March 31, 2020, Sonata Finance operated through 443 branches, striving to deliver its services in a cost-effective and efficient manner while maintaining professional management and operational sustainability. The company aims to empower women by helping them access the financial resources needed to improve their livelihoods.
Voltalia SA is a producer and service provider of renewable electricity, specializing in solar, wind, hydro, and biomass energy. The company is involved throughout the entire value chain of renewable projects, including development, financing, engineering, procurement, construction, and operation and maintenance. Voltalia operates in 20 countries, with a significant presence in Europe, and has developed and built over 1.3 GW of renewable capacity. As of the end of 2019, it had an installed capacity of 0.7 GW and was managing an additional 0.5 GW for third parties. Founded in 2005 and headquartered in Paris, France, Voltalia also sells projects and procures equipment for solar power plants, alongside providing maintenance services. The company is a subsidiary of Voltalia Investissement SA.
Enko Education Investments (PTY) LTD, founded in 2013 and headquartered in Johannesburg, South Africa, operates a network of international secondary schools across Africa, including offices in Cameroon, Mozambique, and Côte d’Ivoire. The organization is dedicated to preparing students for admission to the world's leading universities through a unique educational program. Its schools employ an internationally recognized curriculum that promotes innovative learning, allowing students to receive a high-quality education at discounted fees. Enko Education aims to provide a launchpad for students aspiring to further their studies globally.
Kingo Energy, founded in 2013 and headquartered in Guatemala City, Guatemala, specializes in manufacturing solar energy systems aimed at providing reliable electricity to underserved rural communities. The company's mission is to improve the quality of life for individuals living without access to a dependable power grid, particularly in regions facing extreme poverty. Kingo offers a prepaid solar energy service that is more affordable than traditional lighting methods, such as candles and kerosene. Their solar energy kits can power essential household items, including light bulbs and mobile phone chargers, with payment options tailored to customers' budgets. Kingo has already benefited over 100,000 people, with significant reported improvements in cost savings, educational performance, and productivity among users. The company operates in Central America and South Africa, with ambitions to expand its reach to over 3 million individuals by 2020. Kingo's executive team comprises experienced professionals from various sectors, including consumer markets, telecommunications, and energy.
Dvara KGFS focuses on establishing and supporting local community financial services institutions known as Kshetriya Gramin Financial Services (KGFS). These institutions are designed to enhance financial inclusion in geographically targeted areas, particularly in remote rural markets. Dvara KGFS operates under the umbrella of IFMR Holdings, which also includes IFMR Capital, a platform that facilitates debt capital markets for various originators, providing micro-loans, small business finance, and other financial services. Through its innovative KGFS model, Dvara KGFS aims to address the unique financial needs of underserved communities, promoting economic development and accessibility to essential financial services.
NMB Bank Limited is a prominent financial institution in Zimbabwe, offering a wide range of banking products and services to both corporate and individual clients. The bank operates through several segments, including Retail Banking, Corporate Banking, Treasury, International Banking, and Digital Banking. Its offerings encompass current and savings accounts, debit and credit cards, loans, overdrafts, and various payment services, such as bridging finance and letters of credit. Additionally, NMB Bank provides advisory services related to capital raising, corporate restructuring, and investment. The bank also delivers treasury services, which include market analysis, fixed deposits, and foreign exchange operations. With branches in major cities such as Harare, Bulawayo, and Mutare, NMB Bank has been serving the Zimbabwean market since its incorporation in 1992 and is headquartered in Harare. It operates as a subsidiary of NMBZ Holdings Limited.
Africa Finance Corporation, established in 2007 and headquartered in Nigeria, is a multilateral development financial institution focused on addressing infrastructure development needs across Africa. The organization offers a range of services, including debt and equity financing, project development, technical advisory, and financial advisory. It aims to drive sustainable economic growth by investing in high-quality infrastructure assets that deliver essential services in key sectors such as power, natural resources, heavy industry, transport, and telecommunications. Through its comprehensive approach, Africa Finance Corporation seeks to facilitate significant advancements in the continent's infrastructure landscape.
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.
Esprit provides education services in computer engineering, telecommunications engineering, civil engineering, electromechanical engineering, and management science. The company was founded in 2003 and is based in Douar Ghezala, Tunisia. As of November 25, 2020, Esprit operates as a subsidiary of Honoris Holding Limited.
Strides Pharma Science Limited is a global pharmaceutical company headquartered in Bangalore, India. The Company has two business verticals, viz., Regulated Markets and Emerging Markets. Strides has a global manufacturing footprint with eight manufacturing facilities spread across four continents, including five US FDA approved facilities and two facilities for the rest of world markets . The Company has a dedicated R&D facility in India with global filing capabilities and a strong footprint across 100 countries.
Global Credit Ratings is a provider of credit ratings. The company serves 400 customers across 20 countries and is the only rating agency to have a strong presence in multiple geographies across the continent.