Operator of a healthcare company intended to offer specialized treatments to rural less developed areas. The company's services range from diagnostic, hospitals, outdoor care, and pharmaceutical, enabling individuals who are living in remote distressed areas to access facilities of healthcare and improve their living.
M-Kopa Kenya Limited is a leading provider of solar home systems, specializing in pay-as-you-go energy services for off-grid customers. Founded in 2011 and based in Nairobi, Kenya, M-Kopa began commercial operations in 2012 and has since expanded its reach to Uganda and Tanzania. The company offers a range of solar products, including systems that provide lighting, phone charging, and solar-powered radios, which are sold through over 1,000 retail agents and shops. M-Kopa utilizes a proprietary technology platform that integrates mobile payments and IoT connectivity, allowing customers without credit histories to access essential products and services. With a dedicated team of over 500 staff, the company is committed to delivering innovative solutions that meet the needs of underserved communities, continually improving its offerings through data-driven insights and customer relationship management.
The Avenue Group is a healthcare provider based in Nairobi, Kenya, focused on delivering high-quality, affordable, and accessible medical services. The organization encompasses several entities, including Avenue Hospital, Avenue Healthcare, Avenue Homecare, and Avenue Rescue Services. Collectively, these facilities offer a range of services, such as home care, rescue operations, managed care, dental services, laboratory testing, physiotherapy, and both medical and surgical treatments. Through its various offerings, the Avenue Group aims to meet the diverse healthcare needs of the community it serves.
Westfalia Fruit is a multinational supplier of fresh fruit and related processed products to international markets. Part of the Hans Merensky Holdings Group, Westfalia grows, sources and ripens, packs, processes and markets sustainably-grown avocados year round. Its vertically-integrated supply chain enables Westfalia to market quality fruit from across the globe.
Operator of a digital bank intended to serve retail customers and small and medium enterprises. The company offers online services including money transfers, loans, car loans, deposits, installments, bank cards and bill payments, providing retail users with a digital customer experience.
TerraPay is a mobile-first international payment network that facilitates the secure and seamless transfer of funds across borders. By interconnecting various financial services providers, including mobile wallet services, money transfer operators, banks, and payment platforms, TerraPay creates a unified network for transnational transactions. Its platform supports a wide range of services, including interpersonal transfers, e-payments, and government disbursements, and is designed to integrate easily with any mobile wallet provider through standard open APIs. As a fully regulated financial intermediary, TerraPay takes on comprehensive responsibilities that include regulatory compliance, foreign exchange management, and funds settlement, ensuring a reliable payment experience. The company's software solutions are tailored for mobile-focused remittances, enabling customers to send money quickly, safely, and affordably.
Produbanco - Grupo Promerica is Offer financial services and products that respond to the local needs of our clients, in a dynamic, accessible and close way, based on a relationship of mutual trust.
Roojai Company Limited is a digital insurance platform based in Chonburi, Thailand, established in 2014. It specializes in providing non-life insurance brokerage services, primarily focusing on online car insurance. Roojai offers two main insurance products: car insurance in partnership with Krungthai Panich Insurance and big bike insurance for engines over 400cc through collaboration with LMG. The platform enhances the insurance experience by leveraging technology to streamline processes, allowing customers to quickly obtain personalized quotes, customize their coverage, and file claims digitally. Additionally, the Roojai Mobile App facilitates emergency assistance and simplifies the claims process, contributing to a more transparent and cost-effective insurance experience for drivers.
SouthEast Asia Commercial Joint Stock Bank is a commercial bank based in Hanoi, Vietnam. The bank provides banking products and services to individual customers, SMEs and large corporations which includes services like daily banking services, cards including debit and credit cards, savings services, home loans, vehicle loans and international transaction services. It focuses on professional households, small and medium enterprises while maintaining the growth of big corporations.
Nubank issues, administrate, processes, and transfers payments related to post-paid credit cards and equity investment in other entities. It serves clients in Brazil. The company launched its proprietary loyalty rewards program ("Nubank Rewards"), as well as a digital account ("NuConta") that is already used by more than 17 million people. In Cristina Junqueira, David Velez, and Edward Wible founded EO2 Solucoes de Pagamento on May 6, 2013 that became Nubank in on June 25, 2013. It has its headquarters in São Paulo in Brazil.
WIOCC specializes in high-capacity connectivity solutions, linking Africa with global financial and commercial centers. Recognized as a key player in the wholesale market, it caters to carriers, mobile operators, and internet service providers by offering customized bandwidth packages tailored to meet diverse customer needs. With a comprehensive range of services, including global connectivity, carrier IP transit, and colocation, WIOCC ensures built-in redundancy in its network, safeguarding traffic and enhancing reliability. Operating across more than 30 African countries, the company positions itself as a pivotal provider of managed connectivity services for cloud operators and content providers, effectively supporting the growing demand for fixed and mobile broadband in Africa's evolving markets.
Operator of a digital bank intended to serve retail customers and small and medium enterprises. The company offers online services including money transfers, loans, car loans, deposits, installments, bank cards and bill payments, providing retail users with a digital customer experience.
Telecom Argentina S.A. (Telecom) is the mother company of a leading telecommunications group that is engaged in providing fixed-line public telecommunication services, mobile voice and data services, international long-distance services, data transmission and Internet in Argentina. In addition, it owns a wireless operation in Paraguay. The Company's subsidiaries include Telecom Personal, Telecom Argentina USA Inc., Micro Sistemas, and Nucleo S.A. (in Paraguay).
Companhia de Eletricidade do Estado da Bahia - Coelba is a Neoenergia group that distributes electricity.
Wave Mobile Money is a financial technology company focused on providing app-based solutions for saving, transferring, and borrowing money in Africa. With a mission to create the first cashless continent, Wave aims to address the challenge of limited access to banking services, as less than 10% of the African population has a bank account. The company is developing an inclusive financial network that offers no account fees and allows for instant transactions, making it accessible to a broader audience. By leveraging technology, Wave is creating affordable financial services that enable individuals to manage their money effectively, thereby fostering economic empowerment and contributing to poverty alleviation. Its platform supports various services, including deposits, withdrawals, bill payments, and money transfers, facilitating cashless transactions for users and businesses alike.
Kitabisa is an online crowdfunding platform based in Indonesia, established in 2013, that focuses on social and personal medical causes. It has facilitated over $40 million in donations from millions of donors across the country. The platform connects fundraisers with potential donors, allowing users to launch their own crowdfunding campaigns or contribute to various social causes. Kitabisa emphasizes transparency and accountability in fundraising, making it easier for individuals and organizations to seek support for their initiatives.
Usina Santa Adélia Produces agro-industrial food and energy from renewable sources, with strict quality and sustainability standards.
Gozem is a transport technology platform for Francophone West and Central Africa.
Toters is a delivery service that connects customers with local retailers and restaurants, facilitating the delivery of a wide range of products, including food and groceries. Since its inception in 2017, the company has experienced significant growth in Lebanon and has expanded its operations to Iraq and Saudi Arabia, serving thousands of customers each month through a network of selected partner stores. The Toters application allows users to browse local menus and store offerings, enabling them to place orders easily and track their deliveries in real time. The company focuses on enhancing the overall experience for both customers and partners through its logistics, technology, design, and support services.
Team Telecom Armenia provides internet, digital TV, and mobile fixed telephony services. Team Telecom Armenia also provides GSM 900/1800, 3G (UMTS) և 4G (LTE) standard mobile connection, fixed telephony, IPTV և OTT digital television services.
Equity Bank Kenya is a financial services provider headquartered in Nairobi, Kenya. It is licensed as a commercial bank by the central bank of Kenya, the central bank, and national banking regulator. Equity Bank Kenya Limited was incorporated in 2014 as a result of the corporate restructure of Equity Group Holdings Limited.
Aadhar Housing Finance Limited is a housing finance company based in Mumbai, India, that focuses on providing affordable housing solutions primarily for low-to-middle-income individuals and families. Established in 1990, the company offers a variety of loan products, including home loans, home improvement and extension loans, loans for purchasing or constructing residential and non-residential properties, as well as loans against residential and commercial properties. Aadhar Housing Finance also facilitates balance transfer and top-up loans. The company serves a diverse clientele, including individuals, companies, and organizations, through an extensive network of 311 branches across 20 states and one union territory as of March 2019. It operates as a subsidiary of Wadhawan Global Capital Limited.
Voyager Innovations, Inc. is a technology company based in Mandaluyong City, Philippines, specializing in digital solutions and services. Founded in 2013, it designs and develops platforms for information technology consulting, digital commerce, digital payments, and customer engagement. As a wholly owned subsidiary of Smart Communications, Inc., Voyager Innovations focuses on creating innovative digital services to address evolving business models and new business streams. Its offerings include marketing solutions and digital financial services, aiming to enhance the digital experience for users and businesses alike. The company is part of First Pacific, reinforcing its commitment to delivering forward-thinking digital solutions in the rapidly changing technology landscape.
Vayana Network is a financing network that enables Businesses and their Trade Partners to capture their entire receivable and payable trades electronically and finance through Banks and Financial Institutions. Businesses can finance their payables, or factor their receivables or make financing available to their counterparties. Vayana Network, in partnership with MasterCard and Banks, also offers its award winning Commercial Card solution for Payable financing.
SayurBox, PT operates a platform that allows customers to buy pesticide-free vegetables through farm-to-table concept. Its platform allows users to choose organic, hydroponic, pesticide-free, and chemical-free produce in various categories, such as vegetables, fruits, grains, herbs and seasonings, protein food, and ready to consume; click-to-harvest on the produce and adjust quantity; and select delivery date. The company sources and delivers the produce directly from local farmers to customers in DKI Jakarta and South Tangerang areas. SayurBox, PT was founded in 2016 and is based in Jakarta Selatan, Indonesia.
AwanTunai is a fintech company based in Jakarta Timur, Indonesia, established in 2017. It focuses on transforming the banking landscape for micro merchants by providing them with access to mobile-based loans for working capital. Through its innovative mobile application, AwanTunai digitizes the traditional fast-moving consumer goods (FMCG) supply chain, enabling online inventory ordering and facilitating digital payments for small and medium enterprises. The platform also connects borrowers with lenders, allowing Indonesian banks and multi-finance companies to offer affordable financing solutions. By supporting the financial needs of micro merchants and enhancing government initiatives, AwanTunai aims to improve the welfare of Indonesians who previously lacked access to conventional banking products.
Mintifi Private Limited develops and operates online lending platform that provides unsecured credit to small and medium businesses. Its products include working capital loan, bill discounting limit for invoice financing, and term loans. Mintifi Private Limited caters to hospitality, travel, education, logistics, retail, and computer peripherals industries. The company was incorporated in 2017 and is headquartered in Mumbai, India.
Brimore Holding B.V. operates an online retail and distribution platform that specializes in fast-moving consumer goods (FMCG). Founded in 2017 and headquartered in Cairo, Egypt, the company provides a wide range of products, including detergents, perfumes, skincare items, canned food, clothing for men, women, and children, as well as personal care and home care products. Brimore connects manufacturers with customers, facilitating access to various goods in emerging markets. Its offerings also include food and beverage, wellness products, and textiles, catering to diverse consumer needs.
Operator of a B2B e-commerce marketplace intended to help shop owners digitally procure goods for their stores by eliminating middlemen. The company's marketplace uses technology to connect stores directly to the companies and facilitates owners to add new types of products to sell including mobile top-ups, remittances, and banking services, enabling stores or small neighborhood retail shop owners to save costs and understand market trends.
SouthEast Asia Commercial Joint Stock Bank is a commercial bank based in Hanoi, Vietnam. The bank provides banking products and services to individual customers, SMEs and large corporations which includes services like daily banking services, cards including debit and credit cards, savings services, home loans, vehicle loans and international transaction services. It focuses on professional households, small and medium enterprises while maintaining the growth of big corporations.
WayCool Foods & Products Pvt. Ltd. is an agri-tech company based in Chennai, India, specializing in the procurement, processing, and distribution of fresh produce, dairy products, and grocery staples. Founded in 2015, the company sources fruits and vegetables from smallholder farmers and aggregators, facilitating direct links between farmers and consumers. WayCool employs innovative technology to enhance logistics and food safety, ensuring the quality of its products. It operates a diverse distribution network that includes retail stores under the brand SunnyBee, mobile stores on trucks, and e-commerce platforms, primarily serving the Chennai area. Additionally, WayCool designs and manages storage facilities and cold chain distribution operations, aiming to increase farmers' incomes while providing fresh produce to local shops, restaurants, and catering establishments. The company's vision focuses on becoming a leading food development and distribution entity in India, positively impacting the agricultural community.
WayCool Foods & Products Pvt. Ltd. is an agri-tech company based in Chennai, India, specializing in the procurement, processing, and distribution of fresh produce, dairy products, and grocery staples. Founded in 2015, the company sources fruits and vegetables from smallholder farmers and aggregators, facilitating direct links between farmers and consumers. WayCool employs innovative technology to enhance logistics and food safety, ensuring the quality of its products. It operates a diverse distribution network that includes retail stores under the brand SunnyBee, mobile stores on trucks, and e-commerce platforms, primarily serving the Chennai area. Additionally, WayCool designs and manages storage facilities and cold chain distribution operations, aiming to increase farmers' incomes while providing fresh produce to local shops, restaurants, and catering establishments. The company's vision focuses on becoming a leading food development and distribution entity in India, positively impacting the agricultural community.
Kobo360 is a digital logistics platform that connects cargo owners, truck operators, and drivers to streamline the supply chain process. Founded in 2017 and headquartered in Lagos, Nigeria, the platform utilizes data analytics and artificial intelligence to enhance efficiency in logistics operations, particularly in last-mile delivery. Kobo360 aims to reduce communication gaps and optimize pick-ups and deliveries, ensuring goods are moved seamlessly across the continent. The company also supports rural farmers by minimizing farm wastages, thereby enabling them to access new markets and increase their earnings. In addition to its logistics services, Kobo360 plans to establish a marketplace to link farmers directly with buyers globally, which will help eliminate intermediaries and improve profitability for smallholder farmers. Ultimately, Kobo360 seeks to build a comprehensive logistics ecosystem that enhances trade and commerce in Africa and emerging markets.
Arquivei is a Brazilian company based in São Carlos that specializes in electronic invoice monitoring and management. Its platform provides a web application that automatically downloads and stores digital tax documents, such as NFes, in the cloud. By connecting to the Department of Finance, Arquivei allows businesses to access their issued NFes and related documents without the need for software installation. Users can view, print, search, and filter invoices by various criteria, enabling efficient management of their tax documentation. The platform also supports accountants by providing access to client invoices and features for monitoring and centralizing various tax documents. Additionally, Arquivei offers intelligent search capabilities and reporting tools, facilitating better compliance with regulatory requirements and enhancing business intelligence derived from fiscal documents.
Bizongo is an online B2B marketplace focused on the packaging and material handling industries, offering solutions for packaging sourcing, distribution, inventory management, and design. Established in 2015 and headquartered in Mumbai, India, the company operates an automated supply chain platform that facilitates efficient inventory management while minimizing issues such as stockouts and excess inventory. Bizongo's vendor digitization platform enhances supply chain operations for made-to-order products, providing services such as digital vendor management, supply chain automation, and financing. By streamlining these processes, Bizongo helps businesses optimize their operations and reduce costs.
TradeDepot Inc. develops a SaaS platform for FMCG distribution in Africa. It enables predictive trade intelligence to leapfrog the competition, real-time access to distributors' stock levels, receive bulk orders online, and auto-generate sales promotions to boost sales. It helps to connects with distributors, wholesalers and retailers online, on one platform. The company was founded in 2016 and is based in Lagos, Nigeria with additional office in Wilmington, Delaware.
WIOCC specializes in high-capacity connectivity solutions, linking Africa with global financial and commercial centers. Recognized as a key player in the wholesale market, it caters to carriers, mobile operators, and internet service providers by offering customized bandwidth packages tailored to meet diverse customer needs. With a comprehensive range of services, including global connectivity, carrier IP transit, and colocation, WIOCC ensures built-in redundancy in its network, safeguarding traffic and enhancing reliability. Operating across more than 30 African countries, the company positions itself as a pivotal provider of managed connectivity services for cloud operators and content providers, effectively supporting the growing demand for fixed and mobile broadband in Africa's evolving markets.
Private Equity Round in 2021
Hikal Limited, together with its subsidiaries, manufactures and sells various chemical intermediates, specialty chemicals, and active pharma ingredients to pharmaceutical, food, animal healthcare, biotech, crop protection, and specialty chemicals and biocides companies. It operates in two segments, Pharmaceuticals and Crop Protection. The Pharmaceuticals segment produces active pharmaceutical ingredient (APIs). The Crop Protection segment manufactures pesticides and herbicides. The company collaborates with other companies and offer solutions in contract research, custom synthesis, and custom manufacturing of intermediates and APIs. It also provides specialty biocides and antimicrobial actives, as well as additives for leather, paint coatings, paper, water treatment, personal care, building materials, and textile industries. The company was founded in 1988 and is headquartered in Navi Mumbai, India.
Absa Group Limited is a prominent financial services provider based in Johannesburg, South Africa, offering a diverse range of products and services both locally and internationally. The company specializes in personal and business banking, corporate and investment banking, as well as wealth and investment management. Its offerings include residential property finance, vehicle and asset finance, credit cards, personal loans, and a variety of insurance products. Absa also provides commercial property finance, agricultural loans, and a suite of transactional banking options, including savings and investment services. Additionally, the bank offers investment banking services, private equity, and corporate banking products, along with life insurance and fiduciary services. Absa's commitment to serving individual, enterprise, and commercial customers is evident through its comprehensive financial solutions, which include treasury services and cash management. The company was previously known as Barclays Africa Group Limited before rebranding to Absa Group Limited in May 2018.
Equity BCDC offers retail, corporate and digital banking services.
LeadSquared is a unified lead conversion and marketing automation platform that helps B2B & B2C businesses track, nurture and manage their leads seamlessly. It includes services like sales CRM, mobile CRM, marketing automation, integrations and conversion platform.LeadSquared lets you manage your entire database on its intuitive interface, where you can build your own custom logic. It helps you to increase your closures and manage your pipelines easily. LeadSquared was founded by Nilesh Patel (CEO), Prashant Singh (COO) and Sudhakar Gorti (CPO) in 2013 and is headquartered in Bengaluru, India.
Operator of a digital bank intended to serve retail customers and small and medium enterprises. The company offers online services including money transfers, loans, car loans, deposits, installments, bank cards and bill payments, providing retail users with a digital customer experience.
Evermos is a social commerce startup based in Indonesia that connects resellers, brands, and consumers through its platform, which specializes in everyday Muslim products. Founded in November 2018, Evermos allows individuals to become resellers without the need for significant operating capital or complex e-commerce systems. By utilizing a reseller program, the platform incentivizes users to promote and sell halal products across various categories, including fashion, food, cosmetics, and home appliances, all in compliance with Sharia laws. Resellers can share these products via messaging applications or social media, earning a commission on each sale, which provides them with an opportunity to operate their own online businesses and generate additional income.
Truck Lagbe is a logistics platform based in Bangladesh that specializes in shipping and freight booking. The company offers an application available on both Android and iOS, allowing shippers to easily hire trucks for transporting goods. The platform accommodates various truck sizes, ranging from 1 ton to 25 tons, facilitating both short-haul and long-haul transportation. By streamlining the process of truck booking, Truck Lagbe aims to enhance logistics efficiency and ensure the safe delivery of goods for businesses.
Private Equity Round in 2021
Sekura is a leading Mexican insurance and surety broker with over 60 years of experience, serving more than 2 million customers annually. The company provides comprehensive insurance broking and risk advisory services across various sectors, including hospitality, tourism, entertainment, pharmaceuticals, commerce, construction, and banking. Sekura specializes in property and casualty insurance, health insurance, financial lines, and automotive insurance, and it also offers online insurance sales. By working with over 550 corporate clients, Sekura delivers tailored solutions throughout the entire risk management process, from detection and analysis to placement, implementation, and claims processing.
MaxAB is a B2B e-commerce marketplace based in Cairo, Egypt, that connects food and grocery retailers with suppliers, particularly in underserved areas. Founded in 2018, the company leverages data-driven technologies and advanced supply chain solutions to streamline the food and grocery market. MaxAB aims to empower retailers by providing access to a diverse range of products, premium service, and operational support. Its technology-driven logistics network ensures efficient distribution, delivering the right amount of food to the right locations at the right time, thereby reducing costs and improving the procurement and delivery process for retailers.
Quest Medical Imaging BV specializes in the design and manufacture of bio-photonic and multi-spectral camera systems tailored for invasive surgical applications. The company’s product offerings include cameras, optics, draping products, light engines, capture suites, and trolleys. These advanced systems are utilized in various medical fields, including fluorescent image-guided surgery, sentinel lymph node mapping, and perfusion visualization, as well as for research and pre-clinical applications. Based in Middenmeer, the Netherlands, Quest Medical Imaging operates as a subsidiary of Quest Innovations B.V.
UpGrad is an online education platform based in Mumbai that provides a variety of programs aimed at enhancing professional skills. Launched in 2015 by Phalgun Kompalli, Ronnie Screwvala, Ravijot Chugh, and Mayank Kumar, UpGrad offers courses in digital marketing, product management, entrepreneurship, data analytics, and digital technology management. The platform caters to both individual learners and enterprise clients, focusing on corporate learning and workforce development. It provides diploma, master's, and executive doctorate programs, along with certification courses, enabling students and professionals to acquire recognized qualifications in technology and business. UpGrad also emphasizes student support and industry insights to help learners advance their careers.
Commercial International Bank (CIB), founded in 1975 and headquartered in Giza, Egypt, is a prominent financial services provider that caters to both individual and corporate clients. The bank offers a wide range of products, including deposits, savings accounts, loans, and private banking services, as well as e-banking solutions. CIB is particularly well-known for its corporate banking services, which encompass project finance, debt capital markets, structured products, and various financing options, such as working capital and syndicated loans. With strong brand equity, CIB serves over 500 of Egypt's largest corporations and demonstrates significant potential in the growing retail and SME banking sectors. Over its 40 years of operation, the bank has maintained its position as the most profitable commercial bank in Egypt, thanks to its effective management, high operating standards, and commitment to corporate governance.
MaxAB is a B2B e-commerce marketplace based in Cairo, Egypt, that connects food and grocery retailers with suppliers, particularly in underserved areas. Founded in 2018, the company leverages data-driven technologies and advanced supply chain solutions to streamline the food and grocery market. MaxAB aims to empower retailers by providing access to a diverse range of products, premium service, and operational support. Its technology-driven logistics network ensures efficient distribution, delivering the right amount of food to the right locations at the right time, thereby reducing costs and improving the procurement and delivery process for retailers.
Federal Bank, head quartered in Aluva, Kerala is the largest traditional private sector Bank in India and 4th among all private sector banks in India in terms of footprint. They enjoy the trust and confidence of more than 6 million customers across the world. Their stakeholders trust us for the sound principles of corporate governance and their value of human capital as Their primary source of strength. This has always triggered valuable initiatives at every turning point of their growth journey. Federal Bank shares are widely held and is listed in the Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE). Their Global Depository Receipts are listed at the London Stock Exchange. They have 1200+ branches and 1400+ ATMs spread across 25 states and Union Territories of the country under 9 zones and 39 regions. their predominant position in Kerala and visible presence in Tamil Nadu, Karnataka, and Maharashtra is notable and they are in the process of widely expanding their presence in Gujarat, Punjab and North Eastern states. They also have their Representative Office in Abu Dhabi, UAE. They are pioneers among banks in India in the area of using technology to leverage its operations and were among the first banks in India to computerize all its branches. Federal Bank offers its customers, a variety of services such as Internet banking, Mobile banking, on-line bill payment, on-line fee collection, online religious offerings, depository services, online e trade services ,Cash Management Services, RTGS / NEFT facility, IMPS etc. as part of its strategy in enhancing the convenience to its customers.
Housing Development Finance Corporation (HDFC) is a prominent financial institution in India that specializes in providing housing finance solutions to both individuals and corporate clients. Established in 1977, HDFC offers a diverse range of loan products, including loans for purchasing, constructing, renovating, or extending homes, as well as loans for agricultural purposes and education. The corporation also caters to non-resident Indians and provides loans against property. In addition to its core lending activities, HDFC engages in life and general insurance, asset management, and various investment advisory services. The company operates through numerous outlets across India and maintains representative offices in key international cities, enhancing its reach and service delivery. By integrating the housing finance sector with domestic financial markets, HDFC aims to facilitate a greater flow of resources into the housing sector, thereby contributing to the overall development of the industry.
BlackBuck is an online fleet management platform that connects shippers with fleet operators in India. By leveraging technology, it aims to enhance the logistics landscape, making it more reliable and efficient. The platform provides features such as price discovery, route optimization, in-transit tracking, and assurance of timely deliveries. This comprehensive approach not only improves operational productivity for clients but also positively impacts the broader transportation ecosystem, which is crucial for numerous livelihoods. BlackBuck is positioned to drive significant advancements in the transportation sector.
AssessHub is an online skill assessment platform that helps companies to hire, develop, and scale talent. Companies can measure competency, behavioural assessment, general aptitude, language proficiency, technical and functional skills using AssessHub platform.
EduGorilla Community Pvt. Ltd. is an online platform based in Lucknow, India, established in 2016, that specializes in providing resources for students navigating their educational and career paths. The platform offers a comprehensive suite of services, including online mock tests, coaching for a diverse array of disciplines such as defense, civil service, management, and engineering, as well as access to extensive study materials and information about various coaching institutes and schools. EduGorilla enables students to discover and compare local educational institutions, access a vast repository of study materials, and participate in forums for collaborative learning. With over 70,000 study files and 10,000 mock tests across 323 exams, EduGorilla supports informed decision-making and exam preparation. The platform also features tools for tracking educational news and developments, providing insights into over 200 career options, and offering video courses from various providers, making it a vital resource for students seeking guidance and opportunities in their academic and professional journeys.
Developer of a recruitment platform powered by artificial intelligence robot interviews and assessments designed for recruiters, placement agencies, campuses, and trainers. The company's platform ranks candidates in different domain skills and analyzes various data points using a suite of technologies to rate candidates on behavioral competencies, enabling human resource professionals to provide multiple data points to help the selection process.
Klar is a fintech company founded in 2018 in Mexico City, offering a mobile app and a debit card that functions similarly to a credit card. Users benefit from a straightforward cash-back system, earning up to 4% on purchases without complicated points or expiration issues. The Klar card allows clients to send and receive payments instantly to their Klar accounts and other banks, enhancing its utility as a financial tool. The mobile app provides real-time tracking of all transactions, ensuring users have a clear view of their financial activities. Klar aims to provide secure and cost-effective alternatives to traditional banking services, catering specifically to the needs of Mexican customers.
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.
Daystar Power specialises in providing solar power and energy efficiency solutions for businesses in the commercial, industrial, and agricultural sectors that result in significant reduction of power costs, diesel consumption and pollution.
MaxAB is a B2B e-commerce marketplace based in Cairo, Egypt, that connects food and grocery retailers with suppliers, particularly in underserved areas. Founded in 2018, the company leverages data-driven technologies and advanced supply chain solutions to streamline the food and grocery market. MaxAB aims to empower retailers by providing access to a diverse range of products, premium service, and operational support. Its technology-driven logistics network ensures efficient distribution, delivering the right amount of food to the right locations at the right time, thereby reducing costs and improving the procurement and delivery process for retailers.
Shadana Yoga is an online platform that teaches stress relief methods and self-awareness techniques using ancient methods of yoga.
SunBox operates as a multinational corporation that provides clean energy services.
Private Equity Round in 2021
Eastcastle Infrastructure is a company focused on the telecommunications tower sector in Africa. It develops telecommunications towers to enhance connectivity for consumers and communities across the continent. The company designs telecom sites based on specific coverage and capacity requirements, offering solutions such as co-location, in-building coverage, and managed services. These offerings allow clients to share existing sites, ensure indoor coverage in large buildings, and effectively address their telecommunications infrastructure needs.
Private Equity Round in 2021
Voyager Innovations, Inc. is a technology company based in Mandaluyong City, Philippines, specializing in digital solutions and services. Founded in 2013, it designs and develops platforms for information technology consulting, digital commerce, digital payments, and customer engagement. As a wholly owned subsidiary of Smart Communications, Inc., Voyager Innovations focuses on creating innovative digital services to address evolving business models and new business streams. Its offerings include marketing solutions and digital financial services, aiming to enhance the digital experience for users and businesses alike. The company is part of First Pacific, reinforcing its commitment to delivering forward-thinking digital solutions in the rapidly changing technology landscape.
OCP S.A. is a leading producer and exporter of phosphate rock, phosphoric acid, and phosphate-based fertilizers based in Casablanca, Morocco. Established in 1920, the company operates through two primary segments: Northern Axis and Central Axis. Its product range includes phosphate rock for fertilizer and industrial applications, purified and merchant grade phosphoric acid for various industries, and binary fertilizers such as mono-ammonium phosphate, di-ammonium phosphate, and triple super phosphate. Additionally, OCP offers fortified and soluble fertilizers, as well as animal phosphate feed. The company emphasizes sustainable practices to enhance agricultural productivity and soil enrichment. OCP exports its products globally, serving clients across North America, South America, Europe, Africa, India, Asia, and Oceania.
Operator of a B2B e-commerce marketplace intended to help shop owners digitally procure goods for their stores by eliminating middlemen. The company's marketplace uses technology to connect stores directly to the companies and facilitates owners to add new types of products to sell including mobile top-ups, remittances, and banking services, enabling stores or small neighborhood retail shop owners to save costs and understand market trends.
Private Equity Round in 2021
Dodla Dairy Ltd is an integrated dairy company based in south India that specializes in a wide range of milk products. Its offerings include fresh milk, butter, ghee, paneer, curd, flavored milk, doodh peda, ice cream, and skimmed milk powder. The company focuses on meeting various consumer needs through conveniently packaged products. While primarily serving the Indian market, Dodla Dairy also exports its products internationally, with a significant portion of its revenue generated from domestic sales.
MiCare is a Third Party Administrator (TPA) that builds the connectivity applications and infrastructure for the exchange of transaction information, linking up key players in the healthcare sector such as doctors, patients, government organizations, corporates & insurers to bring about a seamless and efficient management of healthcare services.
ProducePay is a financing and trading platform that supports the agricultural industry by providing essential financial resources. Originally conceived at Cornell University, the company gained momentum with strong backing from both faculty and students, earning recognition within Cornell’s entrepreneurial community. ProducePay offers farmers immediate access to liquidity and financing, along with real-time data that enhances pricing transparency. The platform connects farmers to crucial industry players, allowing them to access tailored cash flow services that can help expand their businesses sustainably.
UpGrad is an online education platform based in Mumbai that provides a variety of programs aimed at enhancing professional skills. Launched in 2015 by Phalgun Kompalli, Ronnie Screwvala, Ravijot Chugh, and Mayank Kumar, UpGrad offers courses in digital marketing, product management, entrepreneurship, data analytics, and digital technology management. The platform caters to both individual learners and enterprise clients, focusing on corporate learning and workforce development. It provides diploma, master's, and executive doctorate programs, along with certification courses, enabling students and professionals to acquire recognized qualifications in technology and business. UpGrad also emphasizes student support and industry insights to help learners advance their careers.
Bizongo is an online B2B marketplace focused on the packaging and material handling industries, offering solutions for packaging sourcing, distribution, inventory management, and design. Established in 2015 and headquartered in Mumbai, India, the company operates an automated supply chain platform that facilitates efficient inventory management while minimizing issues such as stockouts and excess inventory. Bizongo's vendor digitization platform enhances supply chain operations for made-to-order products, providing services such as digital vendor management, supply chain automation, and financing. By streamlining these processes, Bizongo helps businesses optimize their operations and reduce costs.
Cebu Pacific (CEB), the low fare leader in the Philippines entered the market on March 1996 and pioneered the “low fare, great value” strategy in the local aviation industry. It has since then flown 70 million passengers and counting.
Chaldal Limited is an online grocery delivery service based in Dhaka, Bangladesh, established in 2013. The platform offers a wide range of products, including groceries such as fruits, vegetables, dairy, meat, snacks, and frozen items, as well as household cleaning supplies, office products, beauty and health care items, baby care essentials, and electrical goods. With a selection of over 4,000 products stored in two warehouses, Chaldal aims to provide customers with a big-box shopping experience, allowing them to purchase in bulk, which is often challenging in local stores. The company utilizes a cloud-based inventory system to ensure real-time availability of products and promises delivery within an hour, enhancing the convenience of shopping for everyday necessities.
Mintifi Private Limited develops and operates online lending platform that provides unsecured credit to small and medium businesses. Its products include working capital loan, bill discounting limit for invoice financing, and term loans. Mintifi Private Limited caters to hospitality, travel, education, logistics, retail, and computer peripherals industries. The company was incorporated in 2017 and is headquartered in Mumbai, India.
Adumo is a privately held independent payment service provider.
Bolt Technology OÜ operates a transportation platform that offers ride-hailing, micromobility, and food delivery services. Founded in 2013 and headquartered in Tallinn, Estonia, Bolt provides a smartphone application that enables users to book taxis based on price and quality ratings, track drivers in real-time, and order services without waiting for a dispatcher. The company has expanded rapidly, serving over 50 million customers across more than 40 countries, including regions in Europe, Latin America, and Africa. Bolt aims to reshape urban mobility by promoting a future with reduced car ownership and enhanced flexible transport options, thereby contributing to decreased traffic congestion and pollution in cities.
Liquid Telecom is an independent data, voice, and IP provider that commits to build a digital future. Liquid Telecom has built Africa’s largest single fibre network, currently stretching over 18,000km across Uganda, Kenya, Rwanda, Zambia, Zimbabwe, Botswana, DRC, Lesotho and South Africa. The award-winning Pan-African fibre network covers Africa’s fastest growing economies, where no fixed network has existed before.
Manufacturer of apparel to serve individuals and professionals. The company's products include activewear, intimate wear, casual wear, sleep and loungewear manufactured by exploring various business models, technology and processes to serve the needs of our customers.
Private Equity Round in 2021
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.
Frontier Nutrition, Inc. is a company based in Dover, Delaware, that focuses on developing, manufacturing, and marketing fortified packaged food products aimed at addressing the nutritional needs of low and middle-income households in underserved communities globally. Established in 2016, Frontier Nutrition creates innovative and culturally relevant recipes that cater to traditional diets while optimizing for taste, nutrition, and affordability. The company’s mission is to combat early life and maternal malnutrition by providing low-cost and convenient food options for families facing challenges such as limited access to healthcare, transportation, and clean water. Through cutting-edge research in pediatric nutrition and behavioral marketing, Frontier Nutrition strives to improve the overall well-being and sustainable living standards of families in frontier markets.
BRAC Bank Limited provides various commercial banking products and services in Bangladesh. The company offers retail, wholesale, small and medium enterprises (SME), and Probashi banking products and services. It provides various deposit products, such as current accounts, fixed deposits, SME deposits, savings accounts, and term deposits. The company also offers loan portfolio comprising personal loans, auto loans, home loans, and secured loans/overdrafts.
Odata S.A. is a Brazilian company specializing in data center operations and colocation services across Latin America. Founded in 2013 and headquartered in São Paulo, Odata delivers infrastructure solutions for the storage and management of electronic equipment. The company's offerings include leasing space for specialized processing and data storage equipment, as well as providing exchange management services for telecommunications operators, Internet service providers, and other institutions. Odata supports various sectors, including agribusiness, automotive, energy, and government, by offering flexible and secure colocation solutions in a carrier-neutral environment. Additionally, the company provides consulting, installation, maintenance, and monitoring services for information technology and communication infrastructure, ensuring comprehensive support for its clients' operational needs.
Contabilizei Contabilidade Ltda, founded in 2014 and headquartered in Curitiba, Brazil, provides an online accounting service tailored for small and micro enterprises. By offering a proprietary web and mobile-enabled platform, the company replaces traditional manual accounting practices with automated solutions, facilitating tax reporting and overall financial management. Contabilizei aims to enhance the efficiency of accounting processes for its clients, positively impacting the operations of thousands of small businesses through cost-effective and intelligent services.
Bizongo is an online B2B marketplace focused on the packaging and material handling industries, offering solutions for packaging sourcing, distribution, inventory management, and design. Established in 2015 and headquartered in Mumbai, India, the company operates an automated supply chain platform that facilitates efficient inventory management while minimizing issues such as stockouts and excess inventory. Bizongo's vendor digitization platform enhances supply chain operations for made-to-order products, providing services such as digital vendor management, supply chain automation, and financing. By streamlining these processes, Bizongo helps businesses optimize their operations and reduce costs.
Myelin Foundry Pvt Ltd. is a technology start-up based in Bengaluru, India, founded in 2019. The company specializes in developing a platform that leverages artificial intelligence algorithms for analyzing video, voice, and sensor data on edge devices. This platform offers a range of services aimed at enhancing user experiences and industry outcomes, including augmented creativity, improved streaming quality, actionable insights, and better handling of sparse data. Myelin Foundry serves various sectors, including media and entertainment, health and wellness, and national security, utilizing advanced deep learning techniques such as convolutional neural networks and generative adversarial networks.
LimeChat specializes in enhancing the shopping experience for direct-to-consumer (D2C) brands through advanced conversational AI on chat platforms. By leveraging its expertise in natural language processing, LimeChat has developed a chatbot that delivers personalized and contextual interactions, enabling e-commerce businesses to engage customers effectively. This approach not only aims to boost online sales conversions but also helps reduce customer support costs, ultimately redefining how consumers interact with brands in the digital space.
Predible Health Pvt. Ltd. designs, develops, and operates an artificial intelligence based cancer radiology platform. The company's platform aids radiologists and surgeons to diagnose and size cancerous tissue and lesion in treatments and also interpret images. Its products include Predible Liver, which offers autosegmentation of liver and Predible Lung, which offers malignancy scoring, nodule tracking, and response assessment. Predible Health Pvt. Ltd. was founded in 2016 and is based in Bengaluru, India.
Blue Sky is building AI-powered infrastructure to analyze every pixel on the planet to retrieve the pertaining insights on air quality, water pollution, heat index, flood risk, and more.
Samata AI enables balanced decision-making through techniques that identify and remove human biases in AI training datasets.
Synapsica Technologies Pvt Ltd is a health tech company based in New Delhi, India, that focuses on artificial intelligence-driven solutions for diagnostic radiology. Established in 2017, Synapsica develops software platforms that enhance the efficiency and accuracy of radiological assessments and reporting. Its product offerings include Synapsica Spindle, an AI assistant for MRI spine reporting that provides preliminary analyses of degenerative disc diseases; Synapsica Prism, which aids in triage and diagnostic assistance for CT head scans; and Synapsica Crescent, designed for analyzing chest x-rays by identifying and characterizing abnormalities. The company's technology leverages natural language processing, computer vision, and deep learning to automate workflows and improve the quality and speed of diagnostic reporting. Additionally, Synapsica offers teleradiology services, utilizing AI tools to extract insights from medical images and generate preliminary reports. Through these innovations, Synapsica aims to enhance reporting efficiency and support better patient care in the healthcare sector.
We are in the era of neuro-cognitive machine intelligence where robotics and AI come together to revolutionize the way we are living in the future. To make it more accelerated and public friendly, we are working on putting research hours to bring the holy grail of artificial general intelligence for practical real world engineering applications to ease human life. SIGMIND is collaboratively working with top AI research giants like Google Deepmind, Microsoft and Facebook to share different open source software and hardware framework in low cost scalable parallel machines. The true potential application of AI come in frontier very recently until 2006 with the development of deep neural autoencoder. Furthermore, after 2012, deep neural network has been revolutionizing state-of-the-art machine learning application with the help of GPU processing. After 2013, deep reinforcement learning played extraordinary performance in classic Atari games which brings the first step towards Artificial General Intelligence (AGI). And we are working for the milestone when AGI instantly run towards Artificial Super Intelligence (ASI) within few decades.
Private Equity Round in 2020
MiCare is a Third Party Administrator (TPA) that builds the connectivity applications and infrastructure for the exchange of transaction information, linking up key players in the healthcare sector such as doctors, patients, government organizations, corporates & insurers to bring about a seamless and efficient management of healthcare services.
SeeTree Systems Ltd. is a technology company based in Tel Aviv, Israel, that specializes in providing innovative solutions for agriculture. Founded in 2017, SeeTree utilizes artificial intelligence and machine learning to offer an analytics platform tailored for tree management. The company collects data through multi-dimensional sensing imagery, employing drones and various sensors to monitor individual tree health and productivity. This advanced platform enables farmers to gain detailed insights into their orchards, allowing them to identify and address issues such as weak trees efficiently. By offering a comprehensive understanding of tree conditions, SeeTree helps optimize farming practices and resource allocation, making it a valuable partner for agricultural producers.
Twiga Foods Ltd. is a mobile-based supply platform that connects farmers and vendors in Africa's retail sector. Founded in 2013 and headquartered in Nairobi, Kenya, the company serves small and medium-sized retail outlets, kiosks, and market stalls by enabling them to order a variety of fresh produce, including bananas, pineapples, and tomatoes, through a cashless business-to-business platform. By bridging the gap between farmers and vendors, Twiga Foods aims to enhance access to quality food at competitive prices, thereby improving profit margins for both parties. The platform facilitates efficient distribution, making it easier for vendors to stock their businesses with necessary supplies while supporting local agriculture.
Apeel Sciences, based in California, addresses the global food waste crisis by developing plant-derived solutions that extend the shelf life of fresh produce. Founded in 2012, the company creates pre-and post-harvest products using natural plant extracts, such as Edipeel and Invisipeel, which protect fruits and vegetables from environmental factors and pre-harvest issues. These innovations effectively double the lifespan of harvested crops without refrigeration, helping to reduce spoilage and conserve resources like water and energy. By leveraging materials found in the skins, peels, and seeds of fruits and vegetables, Apeel aims to minimize food waste and promote sustainability throughout the supply chain. The company's efforts are supported by a range of private investors and philanthropic organizations.