Arnergy specializes in delivering sustainable energy solutions for businesses and homes in emerging markets. Its mission is to provide clean, reliable power tailored to tackle intermittency and grid unreliability, enabling clients to access affordable distributed energy systems.
Asha Ventures
Venture Round in 2025
Asha Ventures is an India-focused equity investor for innovative businesses targeting India's emerging middle class.
Aerem is a FinTech platform that facilitates the adoption of rooftop solar systems for businesses, reducing electricity costs by up to 70%. It leverages a wide installer network and offers quick loans through its in-house NBFC or partner banks. Headquartered in Mumbai, Aerem aims to democratize clean energy adoption and create a sustainable future.
Ib Vogt Singapore
Debt Financing in 2025
Ib Vogt Singapore focuses on the global development of turnkey PV facilities and battery storage projects, as well as expanding its IPP portfolio.
Grow Indigo
Venture Round in 2025
Grow Indigo operates a digital platform offering biological and digital solutions for agriculture. Its application enables sellers to list products, with services including quality assurance, price discovery, logistics, tracking, storage, and coordination.
Euler Motors
Corporate Round in 2025
Euler Motors is an automotive technology company focused on commercial electric vehicles in India. It develops electric three-wheelers used for intra-city goods transportation, including last-mile delivery for e-commerce and third-party logistics. By offering a mobility-as-a-service stack, Euler aims to simplify adoption of electric fleets across multiple stages of the logistics value chain, not just a single segment. The company emphasizes lower maintenance costs and reduced fleet operational expenses, supporting efforts to accelerate India's transition to sustainable mobility. Euler seeks to be a category leader in cargo transport, driving the Electric Vehicle Revolution in India by providing end-to-end solutions for fleet operators in the urban logistics space.
Habib Bank
Debt Financing in 2025
Habib Bank Limited is a prominent financial institution based in Karachi, Pakistan, founded in 1941. The bank provides a wide range of services, including corporate and commercial banking, small and medium enterprises banking, global treasury, investment banking, Islamic banking, cash management, and asset management. With a strong focus on corporate banking, Habib Bank also has a robust investment banking division that specializes in project finance, debt capital markets, syndications, securitizations, capital raising, restructurings, and mergers and acquisitions. The institution is well-positioned to serve the diverse financial needs of its clients across various sectors.
AgDevCo
Venture Round in 2025
AgDevCo is a growth-focused investor backing agribusinesses in Africa. It provides debt and equity to small and medium-sized enterprises to create jobs, improve food security, and boost prosperity. Founded in 2009 and based in London, the firm supports growth across horticulture, aquaculture, arable farming, oilseeds, poultry and livestock, irrigation, storage and related infrastructure, as well as agri-financial services, logistics, and related marketing and services. By mobilizing private capital and expertise, AgDevCo aims to build socially responsible farming and processing capabilities that benefit smallholder farmers and local communities.
Johnvents Industries
Debt Financing in 2025
Johnvents Industries is an agribusiness focused on long-term growth throughout the agricultural value chain, from production to distribution.
SBFC Finance Ltd is a systemically important non-deposit-taking non-banking finance company specializing in providing secured Micro, Small, and Medium Enterprises (MSME) loans and loans against gold. The company primarily serves entrepreneurs, small business owners, self-employed individuals, and salaried professionals. Offering competitive interest rates starting at 12.50% per annum, SBFC Finance focuses on various credit facilities, including business loans and working capital finance. Its unique PhyGital model merges technology with personal service to facilitate loan applications, allowing customers to engage directly with staff at their own pace. The majority of the company’s revenue is derived from interest income generated through these loan products.
Sanima Bank Limited is a banking institution established in 2004 and headquartered in Kathmandu, Nepal. The bank offers a range of financial products and services tailored for both corporate and retail customers. Its offerings include savings accounts, current accounts, fixed deposits, and various types of loans such as home, education, auto, personal, and microenterprise loans. Additionally, Sanima Bank provides credit facilities for businesses, including project financing, term loans, and small-medium enterprise loans. The bank also engages in trade finance and offers services like life insurance, payments, and digital banking. Through its comprehensive suite of banking solutions, Sanima Bank aims to meet the diverse financial needs of its clients.
Valency International
Venture Round in 2025
Valency International is a global commodities trading company, specializing in the sale and purchase of a wide array of products, including agriculture, fertilizer, industrial, and other commodities. It serves diverse industrial sectors by facilitating the trade of steel, iron ore, fertilizers, raw nuts, timber chemicals, and agricultural products, aiming to provide clients with affordable and reasonable pricing.
mopo
Venture Round in 2025
Mobile Power Ltd is a company that specializes in providing rental battery packs for charging mobile phones to off-grid customers in developing countries. Founded in 2013 and headquartered in Sheffield, United Kingdom, the company addresses the challenges faced by the estimated half a billion mobile phone users without access to grid electricity. Many of these individuals currently rely on diesel generators and oil lamps, which are both costly and environmentally harmful. Mobile Power Ltd aims to enhance access to clean energy, facilitating improved business opportunities, education, and health outcomes while also reducing carbon emissions. The company incorporates security systems and mobile payment capabilities into its battery packs, further streamlining the user experience in these underserved markets.
Founded in 2004, ACWA Power develops, invests in, co-owns, and operates a diverse portfolio of power generation plants, including thermal, solar PV, solar CSP, wind, and desalinated water production facilities. It also provides operations and maintenance services for these industries across Saudi Arabia, the Middle East, Africa, Turkey, Vietnam, and other regions.
TymeBank specializes in digital banking, offering accessible financial services to lower-income individuals and small businesses. It provides secure personal and business accounts with minimal fees and competitive savings interest rates through its online platform.
Fasal
Venture Round in 2024
Fasal, developed by Wolkus Technology Solutions, is an agri-tech platform that leverages artificial intelligence to enhance the agricultural ecosystem. It records various growing conditions on farms and employs data science to make accurate predictions regarding on-farm practices. The platform delivers insights across multiple devices, including iOS, Android, tablets, and web interfaces, ensuring accessibility for users. Fasal's precision agriculture solutions provide real-time agronomic recommendations based on data collected from agnostic sensors, which monitor on-farm and micro-climate conditions. By offering detailed, crop-specific intelligence—including predictive weather information and pest management strategies—Fasal helps farmers optimize their resources, resulting in significant cost savings on water, energy, fertilizers, and pesticides while increasing overall harvest yields.
Shubham Housing Development Finance Company
Series F in 2024
Shubham Housing Development Finance Company Private Limited, established in 2010 and headquartered in Gurugram, India, specializes in providing housing finance solutions to families with informal incomes. The company offers a range of financial products, including home loans, home improvement loans, and loans against property. As one of the pioneering organizations in India focused on serving urban low-income and informal income families, Shubham aims to facilitate home ownership by offering formal credit options to those typically excluded by traditional lending institutions. Its unique operating model emphasizes an interview-based approach to underwriting, allowing the company to gain a comprehensive understanding of customers' income and expense flows, rather than relying solely on conventional documentation.
DCDC Health Services
Debt Financing in 2024
DCDC Kidney Care is a reputable provider of dialysis services in the Delhi/NCR region, focusing on patients with end-stage renal disease (ESRD). The organization operates a network of dialysis centers that offer a range of services, including patient counseling, nephrology consultations, and preventive nephrology. In addition to in-center hemodialysis and peritoneal dialysis, DCDC also facilitates home dialysis options, allowing patients to receive treatment in the comfort of their own homes. Committed to compassionate care and patient trust, DCDC is rapidly expanding its network to ensure accessible and quality dialysis care for those in need.
Etana Energy
Debt Financing in 2024
Etana Energy is an electricity trader focused on distributing electricity generated from renewable energy projects to businesses in South Africa. The company specializes in solar and wind energy, providing low-carbon electricity solutions that address the region's significant power needs. By offering competitive pricing, forward price certainty, and flexible contract terms, Etana Energy serves a diverse clientele that includes municipal, industrial, and retail customers. Through its trading services, the company aims to promote sustainable energy usage while ensuring reliable electricity supply.
Arab African International Bank
Debt Financing in 2024
Arab African International Bank is a banking institution based in Cairo, Egypt, offering a wide range of financial services. These services include personal and commercial banking, credit cards, payroll solutions, consumer finance, and business loans for small enterprises. The bank aims to meet the diverse financial needs of its clients by providing tailored solutions in corporate finance and wealth management. Through its comprehensive service offerings, Arab African International Bank supports both individual and business clients in achieving their financial goals.
Vecmocon Technologies
Series A in 2024
Vecmocon Technologies specializes in developing intelligent components for electric vehicles (EVs), focusing on clean mobility. The company designs and engineers key EV systems such as battery management, motor control, vehicle intelligence modules, and chargers, ensuring its products meet industry standards and comply with government regulations.
InfraCredit
Debt Financing in 2024
InfraCredit provides local currency guarantees to enhance the credit quality of debt instruments issued to finance creditworthy infrastructure assets in Nigeria that conform with its eligibility criteria.
India Grid Trust
Post in 2024
India Grid Trust, established in 2016 by Sterlite Power Grid Ventures Limited, operates as an infrastructure investment trust registered with SEBI. The company focuses on power transmission projects in India, leveraging its sponsor's expertise in bidding, designing, financing, constructing, and maintaining transmission infrastructure. With a strong track record in the private sector, India Grid Trust plays a pivotal role in the country's power transmission sector, contributing to the development and maintenance of critical infrastructure across India.
Magnum Polymers
Venture Round in 2024
Magpet Polymers Private Limited is a part of the Magnumgroup, specializing in the conversion of PET (Polyethylene Terephthalate). As a significant PET converter in Eastern India, the company plays a crucial role in the packaging and containers industry. The company's operations encompass a wide range of activities, from manufacturing to distribution, providing comprehensive solutions to its clients. The company's authorized capital stands at Rs 63.0 lakhs, with 95.793655% paid-up capital, which is Rs 60.35 lakhs.
BasiGo
Debt Financing in 2024
BasiGo is an e-mobility start-up focused on transforming public transportation in Kenya and Rwanda by providing electric buses as a sustainable alternative to diesel. The company operates under a pay-as-you-go model, which includes maintenance and battery charging services, facilitating the transition for bus owners to adopt electric vehicles. BasiGo's electric buses are designed to operate throughout the day on a single charge, utilizing proven battery technology that offers a reliable and economical solution amidst rising diesel costs. By making electric buses more accessible, BasiGo aims to enhance the efficiency of public transport while contributing to environmental sustainability.
Ecobank Transnational Incorporated, established in 1985 and headquartered in Lomé, Togo, provides a range of retail, corporate, and investment banking services across Africa and internationally. Its operations include Corporate & Investment Banking, Commercial Banking, and Consumer Banking, offering products such as current and savings accounts, loans, cards, and digital banking services. The bank serves a diverse clientele, including individuals, small and medium enterprises, multinationals, government agencies, and non-governmental organizations. With a network of 888 branches and over 2,460 ATMs, Ecobank facilitates various financial services, including treasury, cash management, remittance, and bancassurance. Subsidiaries such as Ecobank Nigeria Limited and Ecobank Zimbabwe Limited extend its services, focusing on commercial and retail banking tailored to local markets.
Aye Finance
Series G in 2024
Aye Finance is a finance company specializing in providing business loans to micro and small enterprises. It leverages technology and robust processes to deliver customer-centered financial services, aiming to facilitate better financial inclusion.
Paymob is a regional digital payments enabler that provides payments infrastructure technologies to expand access to financial services in the MEA region. Founded in 2015 and headquartered in Cairo, Egypt, the company focuses on bridging the financial inclusion gap by enabling businesses of all sizes to accept and process electronic payments and money transfers. Its online payments software converts cash into electronic value through integrated services while reducing fraud, loss, theft, and costs associated with cash handling and printing. By offering adaptable payment solutions, Paymob aims to empower customers with diverse electronic payment options and faster money circulation across communities and markets.
Fido
Debt Financing in 2024
Fido is a technology company that specializes in providing fast and secure access to digital financial services. Their platform utilizes machine learning risk models to make instant credit decisions for customers who lack a traditional financial track record. This approach not only benefits individuals and entrepreneurs by offering quick and easy access to credit but also reduces operational costs for the service providers. Fido's solutions eliminate the need for fees, collateral, or guarantors, making their services accessible and convenient for users.
Battery Smart
Series B in 2024
Battery Smart is an electric vehicle (EV) battery-swapping network based in Delhi, India, founded in 2019. The company focuses on providing advanced lithium-ion batteries specifically designed for electric two-wheelers and three-wheelers. Its innovative retrofittable 48V lithium-ion twin battery system is compatible with various electric rickshaw and two-wheeler models. Battery Smart's fully interoperable battery-swapping solution allows EV drivers to efficiently swap their batteries in just two minutes, alleviating concerns related to range anxiety, charging downtime, and the recurring costs of battery replacements. By offering a practical and quick solution for battery management, Battery Smart aims to enhance the convenience and accessibility of electric mobility in India.
Euler Motors
Series C in 2024
Euler Motors is an automotive technology company focused on commercial electric vehicles in India. It develops electric three-wheelers used for intra-city goods transportation, including last-mile delivery for e-commerce and third-party logistics. By offering a mobility-as-a-service stack, Euler aims to simplify adoption of electric fleets across multiple stages of the logistics value chain, not just a single segment. The company emphasizes lower maintenance costs and reduced fleet operational expenses, supporting efforts to accelerate India's transition to sustainable mobility. Euler seeks to be a category leader in cargo transport, driving the Electric Vehicle Revolution in India by providing end-to-end solutions for fleet operators in the urban logistics space.
Turno
Venture Round in 2024
Turno is a fintech startup that provides electric vehicle solutions for operators and owners. It helps commercial vehicle operators make the switch to EVs. Turno accomplishes this by offering a diverse range of vehicles from partner OEMs, affordable financing, and battery value guarantees to ensure the best possible return on investment for EV owners. Turno's mission in India is to convert gasoline miles to electric miles. The startup sells EVs manufactured by various brands both online and in physical stores, as well as providing financing options and buying back used batteries.
TowerCo of Africa
Debt Financing in 2024
TowerCo of Africa is a tower infrastructure company that provides innovative and comprehensive solutions for network connectivity and access to mobile communications. It is a fully owned subsidiary of Axian Telecom.
Sonatel
Debt Financing in 2024
Sonatel SA, headquartered in Dakar, Senegal, is a leading telecommunications provider in West Africa, offering a wide range of services including fixed line, mobile, Internet, television, voice, and mobile money to both individuals and businesses. Established in 1985, Sonatel operates in Senegal and has expanded its reach to Mali, Guinea Bissau, Guinea, and Sierra Leone. The company has developed a modern, fully digitized network supported by high-speed optical fiber submarine cables, boasting one of Africa's largest Internet bandwidths at 6.5 Gbps. Through its Orange brand, Sonatel facilitates the convergence of mobile, Internet, and television technologies, playing a crucial role in the economic development of Senegal and positioning the country as a telecommunications hub in the region.
Battery Smart
Series B in 2024
Battery Smart is an electric vehicle (EV) battery-swapping network based in Delhi, India, founded in 2019. The company focuses on providing advanced lithium-ion batteries specifically designed for electric two-wheelers and three-wheelers. Its innovative retrofittable 48V lithium-ion twin battery system is compatible with various electric rickshaw and two-wheeler models. Battery Smart's fully interoperable battery-swapping solution allows EV drivers to efficiently swap their batteries in just two minutes, alleviating concerns related to range anxiety, charging downtime, and the recurring costs of battery replacements. By offering a practical and quick solution for battery management, Battery Smart aims to enhance the convenience and accessibility of electric mobility in India.
ChargeZone
Venture Round in 2024
Founded in 2018, ChargeZone specializes in renewable energy solutions, product development, and software engineering. It operates an unmanned electric vehicle (EV) charging network driven by Grid-to-Vehicle technology, offering data and software solutions to promote EV usage. The company aims to establish 100,000 charging stations across key Indian markets for various vehicle types.
Altum Credo
Series C in 2024
Altum Credo is a long-term home loan company dedicated to enhancing affordability for first-time homebuyers. It offers a range of financial services, including home loans tailored for micro, small, and medium enterprises, refinancing options, and solutions for retail investors. The company's primary focus is on ensuring that equated monthly installments remain affordable, which enables low and middle-income individuals to achieve home ownership through competitive interest rates and minimal processing fees. By prioritizing financial accessibility, Altum Credo seeks to support those who may face challenges in entering the housing market.
Altum Credo
Secondary Market in 2024
Altum Credo is a long-term home loan company dedicated to enhancing affordability for first-time homebuyers. It offers a range of financial services, including home loans tailored for micro, small, and medium enterprises, refinancing options, and solutions for retail investors. The company's primary focus is on ensuring that equated monthly installments remain affordable, which enables low and middle-income individuals to achieve home ownership through competitive interest rates and minimal processing fees. By prioritizing financial accessibility, Altum Credo seeks to support those who may face challenges in entering the housing market.
Berkeley Energy Commercial Industrial Solutions (BECIS)
Debt Financing in 2024
Berkeley Energy Commercial Industrial Solutions (“BECIS”) is a leading Energy as a Service provider to high quality commercial & industrial (“C&I”) customers.
Skye Renewables
Venture Round in 2024
Skye Renewables designs, finances, and operates captive solar projects for commercial and industrial clients across Southeast Asia. This enables clients to access lower-cost, cleaner electricity without incurring upfront capital costs.
Trade and Development Bank -TDB
Debt Financing in 2024
The Eastern and Southern African Trade and Development Bank (TDB), established in 1985, is a multilateral development financial institution with assets exceeding US$ 5 billion. Its mandate focuses on financing trade, promoting regional economic integration, and supporting sustainable development through various services, including trade finance, project and infrastructure finance, asset management, and business advisory services. Over the past five years, TDB has expanded its shareholder base from 19 to 35 members, which includes 22 Member States from the COMESA, EAC, and SADC regions, alongside 2 non-African countries and 11 institutional investors. During this period, the bank has seen a significant increase in shareholder equity funds by 150% and annual net profits by 100%, while successfully halving its non-performing loans. TDB operates regional offices in Nairobi, Harare, and Addis Ababa, with principal offices located in Bujumbura and Port-Louis.
GoApptiv is a company that provides comprehensive go-to-market solutions for pharmaceutical firms in India, focusing on enhancing healthcare access in extra-urban and rural areas. The company's offerings include a suite of healthcare software, featuring a digital payment and promotional platform, a doctor-patient engagement platform, and advanced data analytics tools. By leveraging these technologies and a network of distribution partners, GoApptiv aims to facilitate efficient market access, optimize patient experiences, and support organizational growth within the healthcare ecosystem. The integration of proprietary data analytics with innovative solutions positions GoApptiv as a key player in the evolving HealthTech landscape in India.
Namdev Finvest
Series B in 2024
Namdev Finvest is a non-banking finance platform focused on providing financial solutions to rural and semi-urban agricultural sectors, as well as other priority sectors. The company offers a range of loan products, including commercial vehicle loans, car loans, business loans, two-wheeler loans, and gold loans. By catering to the needs of underserved farmers and entrepreneurs, Namdev Finvest aims to enhance their financial access and support their growth, ultimately contributing to their socio-economic development.
Akshayakalpa Organic
Series C in 2024
Akshayakalpa Organic is an organic food company that specializes in the production and distribution of organic milk and related dairy products. The company focuses on ethical sourcing and sustainable practices, offering a range of products including milk, A2 milk, curd, ghee, butter, paneer, and artisan cheese. It is committed to supporting farmers by providing continuous assistance, ensuring the economic viability of their operations through bank linkages, outreach programs, and technical services. Akshayakalpa aims to transform traditional farming into sustainable business ventures by empowering farmers to establish and manage their own small organic dairy farms, thereby enhancing their entrepreneurial skills and promoting wealth creation within farming communities. This approach not only benefits the farmers but also enables consumers to access nutritious and responsibly produced dairy products.
Captain Fresh
Series C in 2024
Captain Fresh is a Bengaluru-based seafood supply chain platform that operates a B2B marketplace designed to improve the efficiency of the fish and seafood value chain. Founded in 2019, the company focuses on aggregating fragmented retail demand across India and connecting it with small fishermen and farmers along the coast. By leveraging technology, including artificial intelligence, Captain Fresh enhances demand-supply matching and standardizes the quality of supplies. The platform also implements digital traceability systems, which assist farmers in negotiating better feed and seed deals while enabling local fishermen and fish retailers to optimize their material and order management processes.
Fasal, developed by Wolkus Technology Solutions, is an agri-tech platform that leverages artificial intelligence to enhance the agricultural ecosystem. It records various growing conditions on farms and employs data science to make accurate predictions regarding on-farm practices. The platform delivers insights across multiple devices, including iOS, Android, tablets, and web interfaces, ensuring accessibility for users. Fasal's precision agriculture solutions provide real-time agronomic recommendations based on data collected from agnostic sensors, which monitor on-farm and micro-climate conditions. By offering detailed, crop-specific intelligence—including predictive weather information and pest management strategies—Fasal helps farmers optimize their resources, resulting in significant cost savings on water, energy, fertilizers, and pesticides while increasing overall harvest yields.
Sitara
Debt Financing in 2023
Sitara, known as Sewa Grih Rin Limited, is a housing finance company based in New Delhi, India, that was established in 2011. The company specializes in providing affordable housing loans to low-income households, particularly those in urban and peri-urban areas. It offers a range of mortgage products that can be used alongside government subsidies, as well as non-mortgage loans aimed at home and infrastructure improvements. Focused on addressing the needs of informally employed individuals, Sitara empowers these households, especially women, by helping them acquire tangible financial assets and improve their living conditions. Through its services, the company strives to bridge the financing gap for those who typically lack access to formal housing finance, thereby enhancing the overall quality of life for its clients.
Aye Finance
Series F in 2023
Aye Finance is a finance company specializing in providing business loans to micro and small enterprises. It leverages technology and robust processes to deliver customer-centered financial services, aiming to facilitate better financial inclusion.
BasiGo
Debt Financing in 2023
BasiGo is an e-mobility start-up focused on transforming public transportation in Kenya and Rwanda by providing electric buses as a sustainable alternative to diesel. The company operates under a pay-as-you-go model, which includes maintenance and battery charging services, facilitating the transition for bus owners to adopt electric vehicles. BasiGo's electric buses are designed to operate throughout the day on a single charge, utilizing proven battery technology that offers a reliable and economical solution amidst rising diesel costs. By making electric buses more accessible, BasiGo aims to enhance the efficiency of public transport while contributing to environmental sustainability.
Euler Motors
Series C in 2023
Euler Motors is an automotive technology company focused on commercial electric vehicles in India. It develops electric three-wheelers used for intra-city goods transportation, including last-mile delivery for e-commerce and third-party logistics. By offering a mobility-as-a-service stack, Euler aims to simplify adoption of electric fleets across multiple stages of the logistics value chain, not just a single segment. The company emphasizes lower maintenance costs and reduced fleet operational expenses, supporting efforts to accelerate India's transition to sustainable mobility. Euler seeks to be a category leader in cargo transport, driving the Electric Vehicle Revolution in India by providing end-to-end solutions for fleet operators in the urban logistics space.
AFEX is a company that specializes in developing infrastructure and platforms aimed at enhancing access to Africa's commodity markets. By connecting small farmers with the financial commodity market, AFEX provides a commodity exchange platform that leverages big data analytics. This approach focuses on attracting investors to agricultural commodities while offering structured programs designed to improve productivity and returns for farmers. Through its initiatives, AFEX enables producers and investors to unlock capital, manage risk, and discover value within the continent's commodities market, thereby contributing to the establishment of a trust economy.
Bizongo is a tech-enabled B2B e-commerce and supply chain platform specializing in customized goods, including packaging, textiles, and apparel. Founded in 2015 by three IIT graduates, the company aims to digitize the fragmented B2B segment of made-to-order products. Bizongo offers a comprehensive suite of services such as digital vendor management, supply chain automation, and supply chain financing. Its platform connects businesses with a network of over 1,500 curated manufacturers, addressing key challenges like inventory management and operational efficiency. Through its innovative approach, Bizongo seeks to streamline the supply chain process, reduce costs, and facilitate easier contract management for its clients.
Access Bank
Debt Financing in 2023
Access Bank, established in 1988 and headquartered in Lagos, Nigeria, is a commercial bank that offers a wide range of banking products and services to individual and business customers. The bank operates in Ghana and provides various accounts, including standard savings and current accounts, as well as specialized options such as access advantage and premier accounts. Access Bank also offers online banking services, facilitating ATM transactions, online access, point-of-sale terminal services, bill payments, and Western Union money transfers. In addition to personal banking, the bank provides corporate and investment banking, commercial and business banking services, along with mortgage loans and sustainable international banking solutions.
Dashen Bank
Debt Financing in 2023
Dashen Bank is a commercial bank based in Addis Ababa, Ethiopia, established in 1995. It provides a range of financial services, including saving deposits, current deposits, and fixed time deposits. The bank also offers various loan products such as consumer loans, term loans, merchandise loans, project loans, and overdraft facilities. In addition to traditional banking services, Dashen Bank features interest-free banking options and digital banking solutions, catering to the diverse needs of its customers. The bank is involved in international trade and provides guarantees, enhancing its role in the financial landscape of Ethiopia.
Battery Smart
Series B in 2023
Battery Smart is an electric vehicle (EV) battery-swapping network based in Delhi, India, founded in 2019. The company focuses on providing advanced lithium-ion batteries specifically designed for electric two-wheelers and three-wheelers. Its innovative retrofittable 48V lithium-ion twin battery system is compatible with various electric rickshaw and two-wheeler models. Battery Smart's fully interoperable battery-swapping solution allows EV drivers to efficiently swap their batteries in just two minutes, alleviating concerns related to range anxiety, charging downtime, and the recurring costs of battery replacements. By offering a practical and quick solution for battery management, Battery Smart aims to enhance the convenience and accessibility of electric mobility in India.
Indifi Technologies
Series E in 2023
Indifi Technologies is an Indian digital lending platform that connects small businesses with multiple lenders to secure debt financing. The platform employs automated data collection and analysis to assess creditworthiness, drawing insights from diverse data sources and industry context to identify low-risk, high-promise borrowers. By presenting loan options from a network of lenders, Indifi helps businesses obtain financing without collateral and supports lenders with lifecycle services such as marketing, CRM, loan monitoring, and payment management. The platform serves sectors including e-commerce, travel, hospitality, retail, and trading, supporting growth for small enterprises.
Ecom Express
Venture Round in 2023
Ecom Express is a technology-enabled logistics solutions provider focused on the Indian e-commerce sector. Founded in 2012 and headquartered in New Delhi, the company offers comprehensive logistics services across over 2,650 towns and more than 27,000 pin codes in India, reaching over 95% of the country's population. Ecom Express serves some of India's largest e-commerce players and handles nearly 1 million shipments daily through a network of 2,800 delivery centers. The company leverages advanced technology and automation to streamline logistics processes, including first-mile pickup, processing, network optimization, and last-mile delivery. With a team possessing over 100 years of combined experience in the express logistics industry, Ecom Express is well-positioned to meet the evolving demands of the rapidly growing e-commerce market in India.
Money Fellows
Venture Round in 2023
Money Fellows operates a digital platform facilitating collaborative group lending and savings. It leverages social networks to provide interest-free credit and enhance saving capabilities, promoting financial inclusion.
Gridworks Partners
Private Equity Round in 2023
Gridworks Partners is a development and investment platform focused on equity investments in electricity transmission, distribution, and off-grid solutions in Africa. The company, which is wholly owned by CDC Group, aims to develop and invest in essential power infrastructure to enhance access to electricity across the continent. Gridworks partners with governments, utilities, and businesses in the power sector, positioning itself as a long-term investor and developer in this critical domain. Backed by the UK Government's Development Finance Institution, Gridworks plays a significant role in advancing sustainable energy solutions in Africa.
Sun King
Debt Financing in 2023
Sun King is a solar energy company that specializes in providing off-grid power solutions across Africa and Asia. It designs, manufactures, and distributes solar home systems, inverter systems, and portable lanterns, targeting communities with limited access to reliable electricity. Sun King offers pay-as-you-go financing options, enabling customers to acquire these products through small, affordable installments over time. The company collaborates with international distribution partners to expand its reach within the off-grid market.
TymeBank specializes in digital banking, offering accessible financial services to lower-income individuals and small businesses. It provides secure personal and business accounts with minimal fees and competitive savings interest rates through its online platform.
M-KOPA
Debt Financing in 2023
M-KOPA offers connected asset financing solutions, combining digital micropayments and IoT connectivity. It provides access to essential products like solar lighting, televisions, fridges, smartphones, and financial services for underbanked customers without requiring credit history or assets.
AgroStar
Venture Round in 2023
Founded in 2013, AgroStar is an Indian AgTech company dedicated to empowering farmers. It offers end-to-end solutions via its omnichannel platform, providing agronomic knowledge and data-driven insights to enhance crop yield and reduce cultivation costs. Operating in five major states, AgroStar serves millions of farmers through its Agri Advisory Center, AgroStar Agri Doctor app, and retail stores.
Kazyon
Venture Round in 2023
Kazyon is the largest discount supermarket chain in Egypt, operating over 450 stores across 17 governorates. The company focuses on providing essential food commodities through its marketplace, which includes a variety of products such as cooking items, dairy, frozen meat, frozen vegetables, and home baking goods. By offering a wide selection of essential goods in one location, Kazyon aims to make shopping convenient and affordable for its customers.
Standard Chartered
Debt Financing in 2023
Standard Chartered is a multinational bank headquartered in London, founded in 1853. It serves individuals, small and mid-sized businesses, corporations, financial institutions, governments, and investors across Asia, Africa, Europe, the Americas, and the Middle East. The bank operates through Corporate & Institutional Banking, Retail Banking, Commercial Banking, and Private Banking, offering deposits, loans, mortgages, cards, wealth management, and advisory services. It provides corporate finance and investment services, including structured and project financing, mergers and acquisitions advisory, debt capital markets, risk management, and trading in financial markets. Transaction banking covers cash management, payments, securities services, and trade finance, alongside digital and online banking platforms. The firm supports cross-border finance and international trade, with Islamic banking solutions through the Saadiq brand. As a global lender and adviser, Standard Chartered focuses on facilitating client financing and cross-border commerce through its international network.
Development Partners International
Venture Round in 2023
Founded in 2007 by pioneers of African investment, Development Partners International is a leading Pan-African private equity firm with over US$1.1bn under management across two funds. With a team boasting over 100 years of aggregate African investment experience, DPI has invested in 19 portfolio companies operating across 27 countries.
Mintoak Innovations is a software-as-a-service platform that focuses on enhancing payment solutions for banks and merchants. The company collaborates with financial institutions to expand their payment offerings, creating a comprehensive digital payments ecosystem tailored for small to medium enterprises. Mintoak's platform supports various forms of remuneration, both traditional and digital, and is designed to help merchants engage more effectively with their customers. By providing value-added services and tools, Mintoak aims to improve accessibility to financial services and empower businesses in managing their payments more efficiently.
TradeDepot
Debt Financing in 2023
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.
Banque du Caire
Debt Financing in 2023
Banque du Caire, founded in 1952 and headquartered in Cairo, Egypt, is a commercial bank that offers a range of banking services for individuals, businesses, and corporations. The bank provides various financial products, including accounts, deposits, retail and personal loans, microfinance, and bancassurance. Additionally, Banque du Caire offers investment and treasury management services, alongside modern banking solutions such as online banking, phone banking, and a mobile banking app. Through these services, the bank aims to cater to the diverse financial needs of its clients while fostering economic growth in the region.
Dozee
Venture Round in 2023
Founded in 2015 by Mudit and Gaurav, Dozee aims to simplify healthcare access. It specializes in contactless health monitoring devices, initially developed after Mudit's inspiration from race car sensing technology. After rigorous R&D and partnerships with institutions like NIMHANS, Dozee launched in India in 2019, offering accurate non-wearable trackers for heart rate, respiration, sleep patterns, and stress levels.
DBL Group
Debt Financing in 2023
DBL Group is a diversified conglomerate that operates in various sectors, including apparel, textiles, textile printing, washing, garment accessories, packaging, ceramic tiles, pharmaceuticals, dredging, and information and communications technology. The company specializes in the manufacturing and export of these products, demonstrating a robust presence in both local and international markets. With a comprehensive portfolio, DBL Group aims to meet diverse consumer needs while contributing to multiple industries.
Hero Honda Motors
Private Equity Round in 2023
At Hero Motors, they are committed to give their best and achieve the highest standards in Performance, Quality, Systems, Care and Relationships. And then they want to beat these high standards and go further…because anything that can be done can be done better.
Jai Kisan
Venture Round in 2023
Jai Kisan is a fintech platform focused on providing sustainable financing solutions for rural emerging markets. The company enables farmers to gain insights into their financial status through an innovative, hyper-localized agriculture credit score, which digitizes their financial information and farming capabilities. By facilitating loans with low interest rates and minimal paperwork, Jai Kisan aims to mitigate the risks associated with capital flow to these markets. The platform operates through a network of physical access points, allowing clients to easily access affordable loans while generating risk-adjusted returns for lenders. This approach supports the financial empowerment of rural communities and enhances their access to necessary resources.
BetterPlace
Series C in 2022
BetterPlace is a technology platform that manages digital solutions for blue-collar workforce management across the entire value chain. It uniquely caters to both enterprises and workers, bridging gaps in this underserved sector.
Zambia National Commercial Bank
Debt Financing in 2022
Zambia National Commercial Bank Plc, commonly known as Zanaco, is a prominent financial institution based in Lusaka, Zambia, established in 1969 to address the banking needs of the country. The bank operates through three main segments: Retail Banking, Corporate Banking, and Treasury Management, offering a wide range of services that include savings and current accounts, various types of loans, trade financing, and bancassurance. Zanaco caters to a diverse clientele, including individuals, small and medium-sized enterprises, large corporations, and government entities. Additionally, the bank provides digital banking services, debit and credit cards, and cash management solutions. With a network of 69 branches, around 200 automated teller machines, and 2,000 point-of-sale machines, Zanaco is well-equipped to serve the financial needs of the Zambian economy effectively.
Invictus Investment
Debt Financing in 2022
Invictus Investment is a company that specializes in the trading of various agricultural commodities and food products. Operating across multiple regions, including Africa, the Middle East, Europe, the USA, and Asia, it focuses on providing quality and consistent commodities directly from producers to consumers. The company deals in a diverse range of products, including grains, oilseeds, edible oils, animal feed, pulses, spray-dried gum Arabic, and meats. In addition to agricultural goods, Invictus Investment also engages in the trading of non-manufactured precious metals and other general items, positioning itself as a key player in the global commodities market.
BBOXX
Debt Financing in 2022
BBOXX designs, manufactures, and distributes plug-and-play solar power systems to expand access to electricity in Africa and other developing regions. The company offers solar home systems, lighting, radios, TVs, phone chargers, and related products, supported by installation and maintenance services and remote monitoring. It pursues innovative financing models and digital platforms to enable individuals, businesses, and governments to access reliable, affordable utilities, including off-grid energy experiences in rural areas. BBOXX serves customers through distributors in Africa, the United Kingdom, and international markets, with a focus on customer service and scalable solutions.
Pubali Bank
Debt Financing in 2022
Pubali Bank is a commercial bank in Bangladesh that mobilizes funds to support socio-economic, industrial, and agricultural development. It offers a broad range of deposit products, including savings, fixed and short-term deposits, current accounts, pension accounts, and foreign currency accounts. The bank serves multiple business lines, including Conventional Banking, Islamic Banking, and Off-shore Banking, and operates Pubali Bank Securities Limited as a subsidiary. It provides personal loan options such as car loans, home renovation loans, flat purchase loans, teacher loans, foreign education loans, and loans for medical equipment, among others.
African Guarantee Fund
Debt Financing in 2022
Established in 2011 and headquartered in Nairobi, Kenya, African Guarantee Fund is a financial institution dedicated to promoting economic development in Africa. It achieves this by providing guarantees and capacity development services to small and medium enterprises (SMEs), enabling them to access financing and grow. The fund aims to be the premier non-bank financial organization serving Africa's financing needs.
Kinara Capital
Venture Round in 2022
Founded in 2011, Kinara Capital is a financing company based in Bengaluru, India. It specializes in providing collateral-free loans to small businesses, focusing on working capital, capital assets, and startup needs within industries such as agri-products, handicraft production, water, food, and energy.
MaxAB is a B2B e-commerce platform based in Cairo, Egypt, founded in 2018, that connects food and grocery retailers with suppliers in underserved areas. The company focuses on re-engineering the informal grocery and food market by utilizing innovative technologies and supply chain solutions tailored to the specific needs of retailers. MaxAB's mobile platform facilitates an e-marketplace and provides logistics services for efficient distribution of goods. By streamlining procurement and grocery delivery processes, MaxAB aims to empower retailers with access to a diverse range of products, premium service, and operational support, ultimately enhancing their ability to manage their businesses effectively.
Ecom Express
Venture Round in 2022
Ecom Express is a technology-enabled logistics solutions provider focused on the Indian e-commerce sector. Founded in 2012 and headquartered in New Delhi, the company offers comprehensive logistics services across over 2,650 towns and more than 27,000 pin codes in India, reaching over 95% of the country's population. Ecom Express serves some of India's largest e-commerce players and handles nearly 1 million shipments daily through a network of 2,800 delivery centers. The company leverages advanced technology and automation to streamline logistics processes, including first-mile pickup, processing, network optimization, and last-mile delivery. With a team possessing over 100 years of combined experience in the express logistics industry, Ecom Express is well-positioned to meet the evolving demands of the rapidly growing e-commerce market in India.
AgDevCo
Venture Round in 2022
AgDevCo is a growth-focused investor backing agribusinesses in Africa. It provides debt and equity to small and medium-sized enterprises to create jobs, improve food security, and boost prosperity. Founded in 2009 and based in London, the firm supports growth across horticulture, aquaculture, arable farming, oilseeds, poultry and livestock, irrigation, storage and related infrastructure, as well as agri-financial services, logistics, and related marketing and services. By mobilizing private capital and expertise, AgDevCo aims to build socially responsible farming and processing capabilities that benefit smallholder farmers and local communities.
H1 Holdings
Debt Financing in 2022
H1 Holdings develops, invests in and operates power projects producing cleaner energy.
Miro Forestry & Timber Products
Venture Round in 2022
Miro Forestry Developments Limited is a commercial timber plantation business based in London, established in 2010. The company focuses on the cultivation of fast-growing, high-yield species such as eucalyptus, teak, and pine to produce a range of timber products, including sawn timber, utility poles, and plywood. Miro Forestry aims to provide quality and cost-competitive forestry products while promoting environmental sustainability and biodiversity. The company exports its timber products to European markets and offers social and economic benefits to local communities through its operations.
Light Microfinance
Series B in 2022
Light Microfinance Private Limited is a non-banking finance company based in Ahmedabad, India, specializing in micro and meso finance products and services. Established in 1994, the company primarily operates in the Indian states of Gujarat, Rajasthan, and Madhya Pradesh. It focuses on delivering gender and poverty-oriented programs aimed at supporting rural and peri-urban communities, with a particular emphasis on empowering poor women. As a registered entity with the Reserve Bank of India, Light Microfinance is recognized as one of the fastest-growing microfinance institutions in the country, addressing the financial needs of underserved populations.
Akshayakalpa Organic
Series B in 2022
Akshayakalpa Organic is an organic food company that specializes in the production and distribution of organic milk and related dairy products. The company focuses on ethical sourcing and sustainable practices, offering a range of products including milk, A2 milk, curd, ghee, butter, paneer, and artisan cheese. It is committed to supporting farmers by providing continuous assistance, ensuring the economic viability of their operations through bank linkages, outreach programs, and technical services. Akshayakalpa aims to transform traditional farming into sustainable business ventures by empowering farmers to establish and manage their own small organic dairy farms, thereby enhancing their entrepreneurial skills and promoting wealth creation within farming communities. This approach not only benefits the farmers but also enables consumers to access nutritious and responsibly produced dairy products.
Africa Water Infrastructure Development
Venture Round in 2022
AWID is a platform that develops and finances climate-smart water projects.
Africa Water Infrastructure Development
Debt Financing in 2022
AWID is a platform that develops and finances climate-smart water projects.
NMB Bank Ltd is a prominent financial institution in Nepal, offering a wide range of banking products and services. Its offerings include accounts and deposits, loans, credit cards, remittance services, insurance products, and priority banking. The bank operates through various divisions, such as retail banking, small and medium enterprises (SME) and micro, small, and medium enterprises (MSME), corporate banking, deprived sector banking, and treasury services. NMB Bank also provides online banking solutions, including mobile banking and NMB 3D secure, facilitating convenient access for its customers to manage their finances and apply for services like savings accounts and credit cards.
iProcure Ltd is a Nairobi-based company that operates a supply chain platform focused on optimizing agricultural input distribution in rural Africa, particularly in Kenya. Founded in 2012, iProcure provides a comprehensive solution that integrates business intelligence and data-driven stock management to enhance the operations of agricultural retailers. The platform enables retailers to manage inventory, point-of-sale activities, and customer profiles while leveraging geo-located purchasing patterns and real-time transaction analysis. Additionally, iProcure facilitates mobile payments, allowing retailers to better predict demand and improve overall inventory management. By offering an alternative distribution channel, the company ensures that agricultural products reach end consumers effectively, thereby streamlining distribution and enhancing customer service. iProcure also provides warehousing and storage facilities to support its logistics operations.
TeamApt is a financial technology company that develops digital banking and payment platform for financial transactions. It offers an end-to-end omnichannel digital banking service called Moneytor Digital Banking, enabling banks to offer retail, merchant, and corporate banking services through digital channels, Aptpay for automation of digital banking business operations, settlements, reconciliations, and tracks digital transformation processes with web and mobile interfaces.
TeamApt was founded in 2015 and is headquartered in Lekki, Lagos, Nigeria.
Wysa is a mental health wellness platform designed to assist individuals in managing stress related to social isolation and health anxiety. The platform features an AI chatbot that utilizes evidence-based cognitive-behavioral techniques to provide users with medical guidance and digital self-help resources. It also offers messaging support from professional therapists and counselors, facilitating personalized care pathways for users. By combining AI-driven support with human expertise, Wysa aims to deliver proactive behavioral health assistance directly to users' mobile devices, ensuring accessible and tailored interventions for those in need.
Mahindra Electric Automobile
Funding Round in 2022
Mahindra Electric Automobile operates as a four-wheeler (4W) passenger electric vehicle company.
EV Co. provides four-wheeler electric passenger vehicle services.
RFL Electronics
Debt Financing in 2022
RFL Electronics is an electronics manufacturing company.
Worldlink Communications
Venture Round in 2022
WorldLink Communications is the largest Internet and Network Service Provider in Nepal, recognized as a leading IT company since its establishment in September 1995 by Dileep Agrawal. Initially, WorldLink offered store-and-forward email services via a dial-up connection to the United States, and by March 1997, it expanded to provide full Internet access through a dedicated leased line to the US Internet backbone. The company further enhanced its connectivity by utilizing a direct satellite uplink from September 1999 to June 2008, allowing it to operate independently of the local telecommunications authority. Today, WorldLink delivers a range of services including fiber-optic internet, wireless broadband, data connectivity, network integration, web hosting, and hardware sales, with a commitment to providing reliable internet access even in remote areas, thereby bridging the digital divide in Nepal.
Scatec ASA is an integrated independent solar power producer based in Oslo, Norway. Founded in 2007, the company specializes in the design, development, financing, engineering, procurement, construction management, ownership, operation, and maintenance of solar photovoltaic power plants. Scatec operates through three segments: Power Production, Services, and Development and Construction. With a portfolio of 1.9 GW in operation and under construction, Scatec's projects are located in various countries, including Argentina, Brazil, the Czech Republic, Egypt, Honduras, Jordan, Malaysia, Mozambique, Rwanda, South Africa, and Ukraine. The company aims to deliver affordable and sustainable clean energy solutions globally. Scatec changed its name from Scatec Solar ASA in November 2020 to reflect its broader focus and capabilities in the renewable energy sector.
Moove
Debt Financing in 2022
Moove is a fintech company specializing in mobility finance. It provides revenue-based vehicle financing to mobility entrepreneurs across Africa, democratizing vehicle ownership. Moove embeds alternative credit-scoring technology onto ride-hailing, logistics, and delivery platforms, using proprietary performance analytics to underwrite loans.
Shubham Housing Development Finance Company
Venture Round in 2022
Shubham Housing Development Finance Company Private Limited, established in 2010 and headquartered in Gurugram, India, specializes in providing housing finance solutions to families with informal incomes. The company offers a range of financial products, including home loans, home improvement loans, and loans against property. As one of the pioneering organizations in India focused on serving urban low-income and informal income families, Shubham aims to facilitate home ownership by offering formal credit options to those typically excluded by traditional lending institutions. Its unique operating model emphasizes an interview-based approach to underwriting, allowing the company to gain a comprehensive understanding of customers' income and expense flows, rather than relying solely on conventional documentation.