Leapfrog Investments

Shubham Housing Development Finance Company Private Limited, established in 2010 and based in Gurugram, India, specializes in providing housing finance solutions tailored for families with informal incomes. The company focuses on offering home loans, home improvement loans, and loans against property to customers who often do not qualify for traditional financing options. Shubham aims to empower urban low-income families by employing an interview-based approach to underwriting, which allows for a better understanding of the customer's unique financial circumstances. This method enables the company to offer customized and affordable credit programs that cater to the specific housing needs of individuals and families in urban and semi-urban areas.

Interswitch is an Africa-focused integrated digital payments and commerce company that specializes in facilitating the electronic circulation of money and the exchange of value among individuals and organizations. Founded in 2002, the company initially operated as a transaction switching and electronic payments processing entity. Interswitch builds and manages payment infrastructure, offering innovative payment products and transactional services across the African continent. Its services are designed for banks, institutions, and government agencies, helping clients reduce costs, enhance operational efficiency, and promote sustainable revenue growth.

Redcliffe LifetechRedcliffe Lifesciences specializes in reproductive health testing, rare diseases, and cancer genetic diagnostics. The company offers a wide range of advanced products and services for healthcare companies, research institutions, and other public and private partnerships, such as testing using molecular and gene-based diagnostics, therapeutic molecules and advanced therapies, next-generation sequencing, and all bioinformatics services.

Alexander Forbes Group Holdings Limited is a provider of integrated retirement, investment, and insurance solutions for individuals and businesses, both in South Africa and internationally. For individuals, the company offers a range of services including money management, budgeting, savings, retirement funds, healthcare solutions, life and risk cover, estate planning, and private wealth management. For businesses, Alexander Forbes provides consulting and actuarial services, retirement fund services, healthcare consulting, and group insurance solutions to protect assets and earnings. The company also addresses emerging market needs in Africa and offers trust and beneficiary services for managing death benefits. Founded in 1935 and headquartered in Sandton, South Africa, Alexander Forbes was previously known as Alexander Forbes Equity Holdings Proprietary Limited, changing its name in June 2014.

CarDekho provides enterprise mobility solutions, mobile application development, Web design and development, offshore staffing, and testing and quality assurance (QA) services. Its enterprise mobility solutions include enterprise mobility consulting, mobile business intelligence, business process mobilization, B2B mobile applications (app) development, enterprise iOS app development, enterprise Android app development, and enterprise app distribution; and mobile app development services include iPhone, iPad, Android, Blackberry, Windows8, Phonegap, and bootstrap. CarDekho’s Web design and development services include responsive design, PSD to HTML conversion, flash Website design, themes customization, content management system, E-commerce solution, CRM app development, open-source development, custom Web app development, regular Website maintenance, customized programming, online marketing, graphic design, Website hosting, employee management system, logo design, inventory management, and database design. Its offshore staffing services for designers, mobile apps developers,.NET developers, PHP developers, Java developers, Python developers, and ROR developers; and testing and QA services include automated, manual, usability, nonfunctional, specialized, mobile app, testing-as-a-service, integration, functional, system, localization, and acceptance testing. CarDekho develops entertainment, GPS tracking, weather, business and finance related, multi-media, sports, social networking, education, and travel applications. It serves the automobile, E-learning, consultancy, finance, social networking, tours and travel, health and fitness, medical, job and career, news and magazine, utility/productivity, entertainment, lifestyle, and Ecommerce industries; and IT and communication, and book and library industries. Amit and Anurag Jain founded CarDekho in 2007. It has its headquarters in Jaipur in India.

CarDekho provides enterprise mobility solutions, mobile application development, Web design and development, offshore staffing, and testing and quality assurance (QA) services. Its enterprise mobility solutions include enterprise mobility consulting, mobile business intelligence, business process mobilization, B2B mobile applications (app) development, enterprise iOS app development, enterprise Android app development, and enterprise app distribution; and mobile app development services include iPhone, iPad, Android, Blackberry, Windows8, Phonegap, and bootstrap. CarDekho’s Web design and development services include responsive design, PSD to HTML conversion, flash Website design, themes customization, content management system, E-commerce solution, CRM app development, open-source development, custom Web app development, regular Website maintenance, customized programming, online marketing, graphic design, Website hosting, employee management system, logo design, inventory management, and database design. Its offshore staffing services for designers, mobile apps developers,.NET developers, PHP developers, Java developers, Python developers, and ROR developers; and testing and QA services include automated, manual, usability, nonfunctional, specialized, mobile app, testing-as-a-service, integration, functional, system, localization, and acceptance testing. CarDekho develops entertainment, GPS tracking, weather, business and finance related, multi-media, sports, social networking, education, and travel applications. It serves the automobile, E-learning, consultancy, finance, social networking, tours and travel, health and fitness, medical, job and career, news and magazine, utility/productivity, entertainment, lifestyle, and Ecommerce industries; and IT and communication, and book and library industries. Amit and Anurag Jain founded CarDekho in 2007. It has its headquarters in Jaipur in India.

Fidelity Bank Limited provides banking products and services. The company offers current and savings accounts.

Zepz operates WorldRemit, an online platform that facilitates international money transfers, allowing users to send funds to friends and family abroad. Established in 2009 and headquartered in London, WorldRemit provides a secure service accessible via computer, smartphone, or tablet. The platform enables users to send money to over 140 destinations, including countries in Africa, Asia, Europe, and the Americas. Recipients can receive funds through various methods, such as bank deposits, cash pickups, mobile money, and airtime top-ups. By offering a convenient and low-cost alternative to traditional money transfer services, WorldRemit has become a popular choice for millions of users looking to support their loved ones and manage their financial transactions effectively.

BIMA is an insurtech player using mobile technology to provide insurance and health services to emerging markets. To serve its customers, the company has developed a proprietary technology platform, established exclusive partnerships with mobile operators, and built relationships with international insurers. BIMA utilizes its technology platform to serve customers in 13 countries across Asia, Africa, and Latin America and has reached to date 31 million subscribers.

PT. PasarPolis Indonesia is a prominent Insuretech company based in Jakarta Selatan, established in 2015. It operates an online platform that allows users to compare and purchase a variety of insurance products, including vehicle, health, accident, life, property, and travel insurance. The company collaborates with insurers and brokers to provide tailored insurance solutions and facilitate insurance claim handling services. PasarPolis aims to make insurance more accessible to emerging consumers by leveraging advanced technology and strategic partnerships, including collaborations with notable Indonesian Unicorns like Go-Jek, Tokopedia, and Traveloka. By addressing diverse consumer needs within the tech ecosystem, PasarPolis is redefining the insurance landscape in Southeast Asia.

MedGenome Labs Private Ltd. specializes in molecular genetic diagnostic testing, utilizing advanced technologies such as Sanger sequencing and next-generation sequencing to support personalized healthcare. The company offers a comprehensive range of genetic tests, including exome, whole genome, and mitochondrial genome sequencing, alongside various disease panels. These panels focus on hereditary cancers, somatic mutations in tumors, and genetic conditions affecting cardiac, eye, and neuromuscular health. Additionally, MedGenome provides targeted tests for genetic mutations linked to non-syndromic deafness and autism spectrum disorders. The company also maintains OncoMD, a database of cancer-related mutations sourced from peer-reviewed research. MedGenome's services are designed to guide clinicians in identifying appropriate treatment options based on genetic variations and assessing disease risk. Established in 2013 and headquartered in Chennai, India, MedGenome operates as a subsidiary of SciGenom Labs Pvt Ltd and collaborates strategically with Denali Therapeutics to enhance its research capabilities.

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.

Zepz operates WorldRemit, an online platform that facilitates international money transfers, allowing users to send funds to friends and family abroad. Established in 2009 and headquartered in London, WorldRemit provides a secure service accessible via computer, smartphone, or tablet. The platform enables users to send money to over 140 destinations, including countries in Africa, Asia, Europe, and the Americas. Recipients can receive funds through various methods, such as bank deposits, cash pickups, mobile money, and airtime top-ups. By offering a convenient and low-cost alternative to traditional money transfer services, WorldRemit has become a popular choice for millions of users looking to support their loved ones and manage their financial transactions effectively.

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.

Pyramid Group, founded in 2001 and headquartered in Dar es Salaam, Tanzania, specializes in the distribution of medical devices and pharmaceutical products throughout sub-Saharan Africa. The company provides a wide range of healthcare solutions, including pacemakers, hip replacements, cardiac and orthopedic equipment, and various medical supplies. Its operations extend to several countries, including Tanzania, Kenya, Uganda, Rwanda, Mozambique, Ethiopia, Nigeria, and Ghana. Committed to quality, Pyramid Group achieved ISO 9001:2008 certification in 2013, underscoring its dedication to effective quality management practices. The company partners with internationally recognized brands to offer medical and laboratory equipment, reagents, and healthcare supplies, ensuring that clients have access to essential healthcare products.

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.

Operator of a microfinance institution in India intended to make a measurable economic and social impact on the base of pyramid (BOP) segment. The company's line of business includes the issuance of joint liability group (JLG) based microloans, credit-linked insurance and retirement services through the government of India's pension product schemes, enabling under-banked but credit-worthy rural and semi-urban households to get affordable financial services.

Cignifi Inc. is a Boston-based company that specializes in credit and marketing analytics for mobile network operators. Founded in 2010, it utilizes mobile phone data to generate credit risk and marketing scores for consumers, particularly targeting mobile pre-pay customers who may lack access to traditional financial services. By analyzing mobile phone behavior, Cignifi provides valuable insights for credit cards, personal loans, insurance, and savings. The company aims to serve the needs of the 2.7 billion individuals globally who have mobile access but limited financial options. In addition to its core analytics platform, Cignifi offers related products such as airtime credit, handset financing, and online lending, thereby enhancing financial inclusion for underserved populations. With a presence in both Boston and Sao Paulo, Brazil, Cignifi targets telecommunications operators, retailers, lenders, and insurers to expand access to essential financial products.

Ascent Meditech Limited, founded in 2012 and based in Mumbai, India, specializes in the manufacture and marketing of orthopedic soft goods designed to assist in the rehabilitation of musculoskeletal disorders. The company offers a diverse range of products, including bandages, wound care items, and mobility aids, targeting various areas such as the cervical region, knees, chest, back, ankles, and feet. By providing these healthcare products, Ascent Meditech aims to alleviate pain and discomfort, addressing the needs of individuals recovering from orthopedic issues. The company's vertically integrated approach ensures that it meets the demands of consumers seeking effective rehabilitation solutions.

Cignifi Inc. is a Boston-based company that specializes in credit and marketing analytics for mobile network operators. Founded in 2010, it utilizes mobile phone data to generate credit risk and marketing scores for consumers, particularly targeting mobile pre-pay customers who may lack access to traditional financial services. By analyzing mobile phone behavior, Cignifi provides valuable insights for credit cards, personal loans, insurance, and savings. The company aims to serve the needs of the 2.7 billion individuals globally who have mobile access but limited financial options. In addition to its core analytics platform, Cignifi offers related products such as airtime credit, handset financing, and online lending, thereby enhancing financial inclusion for underserved populations. With a presence in both Boston and Sao Paulo, Brazil, Cignifi targets telecommunications operators, retailers, lenders, and insurers to expand access to essential financial products.

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.

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.

Zepz operates WorldRemit, an online platform that facilitates international money transfers, allowing users to send funds to friends and family abroad. Established in 2009 and headquartered in London, WorldRemit provides a secure service accessible via computer, smartphone, or tablet. The platform enables users to send money to over 140 destinations, including countries in Africa, Asia, Europe, and the Americas. Recipients can receive funds through various methods, such as bank deposits, cash pickups, mobile money, and airtime top-ups. By offering a convenient and low-cost alternative to traditional money transfer services, WorldRemit has become a popular choice for millions of users looking to support their loved ones and manage their financial transactions effectively.

Cignifi Inc. is a Boston-based company that specializes in credit and marketing analytics for mobile network operators. Founded in 2010, it utilizes mobile phone data to generate credit risk and marketing scores for consumers, particularly targeting mobile pre-pay customers who may lack access to traditional financial services. By analyzing mobile phone behavior, Cignifi provides valuable insights for credit cards, personal loans, insurance, and savings. The company aims to serve the needs of the 2.7 billion individuals globally who have mobile access but limited financial options. In addition to its core analytics platform, Cignifi offers related products such as airtime credit, handset financing, and online lending, thereby enhancing financial inclusion for underserved populations. With a presence in both Boston and Sao Paulo, Brazil, Cignifi targets telecommunications operators, retailers, lenders, and insurers to expand access to essential financial products.

Enterprise Group Limited is a financial services provider based in Accra, Ghana, operating through six segments: Non-Life Insurance, Life Assurance, Pension Administration, Real Estate, Funeral Services, and Investments. The company offers a wide range of insurance products, including personal and group accident coverage, various types of property and casualty insurance, and specialized plans such as credit life and micro insurance. Additionally, it provides services in pension fund management and real estate development. Enterprise Group is noted for being the first insurance company publicly listed in Ghana and has a long history, having been founded in 1924.

Operator of a microfinance institution in India intended to make a measurable economic and social impact on the base of pyramid (BOP) segment. The company's line of business includes the issuance of joint liability group (JLG) based microloans, credit-linked insurance and retirement services through the government of India's pension product schemes, enabling under-banked but credit-worthy rural and semi-urban households to get affordable financial services.

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.

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.

UT Life Insurance Company Limited is a life insurance provider based in Accra, Ghana, with branch operations in various cities, including Tema, Kumasi, and Takoradi. Established in 2005, the company offers a range of life assurance products, which encompass universal life policies, group term policies, and loan protection insurance. Its individual solutions include plans for priority protection, education expenses, and funeral expenses. For corporate clients, UT Life provides Keyman insurance, group term insurance, mortgage protection, and loan protection policies. The company was previously known as Golden Life Assurance Company Limited before rebranding in 2010.

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.

BIMA is an insurtech player using mobile technology to provide insurance and health services to emerging markets. To serve its customers, the company has developed a proprietary technology platform, established exclusive partnerships with mobile operators, and built relationships with international insurers. BIMA utilizes its technology platform to serve customers in 13 countries across Asia, Africa, and Latin America and has reached to date 31 million subscribers.

Reliance Capital Management is an integrated financial services company operating in Indonesia, offering a diverse range of financial products and services. The company provides securities brokerage services in both equity and fixed income markets, as well as asset management solutions. In addition, it specializes in various insurance products, including life, health, and general insurance, covering areas such as hospitalization, outpatient care, dental services, and maternity care. Furthermore, Reliance Capital Management supports its clients with consumer and corporate lending solutions, aiming to help individuals and businesses achieve their financial goals through tailored investment, protection, and financing options.

Magma Fincorp Limited (formerly Magma Leasing Limited) was incorporated in 1988 and commenced operations in 1989. To strengthen its business, the company merged with Arm Group Enterprises in 1992. Magma has emerged one of India's largest financial services companies during the past five years.

afb is a consumer finance company based in Accra, Ghana, that provides innovative credit solutions to individuals and small businesses across Africa. Founded in 2010, the company operates through four main divisions: cards, loans, mobile, and insurance. Its offerings include mobile money services, unsecured credit products, and various loan options such as payroll and SmartCash loans, specifically designed to support informal market traders. With a focus on leveraging data to understand consumer behavior, afb aims to empower individuals by improving their financial access and helping them enhance their lives. The company has successfully attracted over 300,000 customers in Kenya, Ghana, and Tanzania, and collaborates with over 400 retail partners, including leading mobile network operators.

Syn Mun Kong Insurance Public Company Limited is a prominent provider of non-life insurance products in Thailand, established in 1951 and headquartered in Bangkok. The company offers a diverse range of insurance services, including fire, marine and transportation, motor, miscellaneous, health, accident, cancer, and travel insurance. The motor insurance segment is its primary revenue generator. Syn Mun Kong Insurance operates through a network of 171 branches across the country, catering to various insurance needs of its clients.

Resolution Insurance entered the Kenyan market in 2002 (as Resolution Health East Africa), the first company to be registered as a Medical Insurance Provider (MIP). Resolution Insurance was recognized as Medical Insurance Provider of the Year in 2012 in the Think Business Insurance Awards. Resolution Insurance is licensed as a General Insurer by the Insurance Regulatory Authority (IRA) in 2013. We are licensed to provide Personal Accident, Workmen’s Compensation, Liability, Medical and Miscellaneous classes of General Insurance Business. With 10 years experience, Medical Insurance is their core product. Resolution Insurance has managed the medical needs of over 60,000 members comprising of corporate, social groups, families and individuals through innovative solutions.

BIMA is an insurtech player using mobile technology to provide insurance and health services to emerging markets. To serve its customers, the company has developed a proprietary technology platform, established exclusive partnerships with mobile operators, and built relationships with international insurers. BIMA utilizes its technology platform to serve customers in 13 countries across Asia, Africa, and Latin America and has reached to date 31 million subscribers.

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.

Petra Trust Company Limited is a provider of trustee services in Ghana, catering to both employers and individuals. The company specializes in personal pension and retirement planning, helping clients navigate their financial futures. Petra Trust offers a range of services, including investment policy formulation, strategic and tactical asset allocation, and benchmark design. Additionally, it assists clients in selecting and evaluating fund managers and custodians, as well as providing comprehensive fund administration services. The company also delivers customized pension training aimed at individuals and corporate executives, ensuring that they meet regulatory requirements. Petra Trust is headquartered in Accra, Ghana.

BIMA is an insurtech player using mobile technology to provide insurance and health services to emerging markets. To serve its customers, the company has developed a proprietary technology platform, established exclusive partnerships with mobile operators, and built relationships with international insurers. BIMA utilizes its technology platform to serve customers in 13 countries across Asia, Africa, and Latin America and has reached to date 31 million subscribers.

PayBima is the online platform of Mahindra Insurance Brokers Ltd., a subsidiary of Mahindra & Mahindra Financial Services Limited, which specializes in insurance and reinsurance broking services. The company offers a range of life and non-life insurance products, including motor insurance, retirement plans, and various health insurance options, catering to both individual and corporate clients. With over 6 million customers served and more than 10,000 claims settled, PayBima aims to provide personalized service by understanding the insurance needs and risk profiles of its clients. Additionally, the platform focuses on enhancing customer experience through online support, post-sales assistance, and the use of mobile and internet technology. Established in 1987 and based in Mumbai, Mahindra Insurance Brokers Ltd. has positioned itself as a significant player in the Indian insurance market, aiming to expand its reach and impact.

Express Life Insurance provides life insurance products and services. It offers credit life and disability plan to insure the outstanding balance of a consumer loan against the risk of death and disability; and personal pension plan to provide living and death benefits, and offer a medium for preparing the individual to save towards retirement.

Shriram Credit Company Limited is a non-banking finance company that is engaged in asset finance and NBFC-based lending activities. The company offers hire purchase finance and lease on motor vehicles and machineries. Shriram Credit was incorporated in 1980 and is based in Chennai, India. Shriram Credit Company Limited operates as a subsidiary of Shriram Group.

Apollo Investments Limited provides general and life insurance solutions for individuals, businesses, and organizations in Kenya. Its products include group life assurance, group last expense assurance, group accident disability assurance, group critical illness assurance, group mortgage assurance, group credit life assurance, group pension plans, individual pension plans, and pension annuity plans.

AllLife (Pty) Ltd. is a South African insurance company specializing in life and disability coverage for individuals living with HIV and diabetes. Founded in 2004 and based in Sandton, the company addresses a significant gap in the insurance market by providing coverage to those previously deemed uninsurable due to their health conditions. AllLife not only offers insurance products but also implements health monitoring programs that encourage clients to maintain their well-being through regular health checks and medication adherence. By partnering with financial services providers, AllLife aims to promote the message that individuals with HIV can lead long, productive lives while accessing affordable life insurance.