HealthifyMe
Series D in 2024
HealthifyMe is a mobile and web-based health and fitness platform that helps users achieve fitness and weight management goals by tracking calories, nutrition, and physical activity. The app allows users to monitor weight, set healthy targets, and share data with nutritionists and fitness professionals for expert guidance. It features an AI-powered fitness coach that uses automated analytics to analyze food intake and activity, delivering personalized recommendations and progress insights. Founded in 2012 by doctors, nutritionists, and fitness trainers, HealthifyMe is based in Bangalore, India. In addition to consumer tools, the platform supports corporate wellness by offering online fitness consultations and tailored health programs for organizations.
Zepz is an online money transfer service that enables individuals to send money to friends and family living abroad through computers, smartphones, or tablets. It provides a convenient and cost-effective alternative to traditional money transfer companies, which often charge high fees. Zepz allows users to send funds to over 140 destinations worldwide, including Europe, Asia, Africa, Australia, and the Americas. Recipients can receive money as bank deposits, cash pickups, Mobile Money, or mobile airtime top-ups. The platform is designed to facilitate secure international transfers, utilizing technology that allows customers to manage their funds efficiently, with lower processing fees compared to conventional methods. Zepz operates in 50 countries, aiming to simplify the process of remittance for its users.
Redcliffe Labs
Series C in 2024
Redcliffe Labs is a diagnostics service provider focused on identifying both communicable and non-communicable diseases through advanced radiography and pathology services. The company offers a comprehensive range of standard and specialized tests, utilizing cutting-edge laboratories and in-house technology. Redcliffe Labs aims to enhance accessibility to health tests for all individuals in India by leveraging its trusted radiology network and innovative testing methodologies. Additionally, the company specializes in reproductive health testing, cancer gene diagnosis, and screening for rare diseases, ensuring patients receive thorough support, including regular counseling and clinical data management. Through its extensive testing capabilities, Redcliffe Labs is committed to addressing various aspects of health, pregnancy, and fertility care.
Auxilo
Private Equity Round in 2024
Auxilo Finserve is a non-banking financial company in India focused on addressing the financing gaps in the education sector. It offers a range of services, including student loan refinancing, educational infrastructure loans, and loan restructuring, aiming to facilitate access to finance for students pursuing graduate and postgraduate studies both domestically and internationally in countries like the US, UK, Canada, New Zealand, Germany, and Australia. By leveraging technology, Auxilo develops inclusive financial models that cater to the evolving needs of the educational ecosystem. The company strives to provide timely loans with competitive interest rates, thereby empowering aspiring students to pursue their educational goals without financial constraints.
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.
Electronica Finance
Series B in 2024
Established in 1990, Electronica Finance is a leading Non-Banking Financial Company (NBFC) in India. It specializes in asset financing and hire purchase business, offering machinery loans, business loans, working capital loans, industrial property loans, and other financial services tailored for businesses.
Bolttech is an international InsurTech company that develops an AI-based point-of-sale insurance platform. This platform offers a range of insurance products, including device protection, travel, motor, property, life, and digital insurance to consumers. Bolttech aims to create a technology-enabled ecosystem for protection and insurance, with a notable presence in Asia.
HealthifyMe
Series D in 2023
HealthifyMe is a mobile and web-based health and fitness platform that helps users achieve fitness and weight management goals by tracking calories, nutrition, and physical activity. The app allows users to monitor weight, set healthy targets, and share data with nutritionists and fitness professionals for expert guidance. It features an AI-powered fitness coach that uses automated analytics to analyze food intake and activity, delivering personalized recommendations and progress insights. Founded in 2012 by doctors, nutritionists, and fitness trainers, HealthifyMe is based in Bangalore, India. In addition to consumer tools, the platform supports corporate wellness by offering online fitness consultations and tailored health programs for organizations.
InsuranceDekho
Venture Round in 2023
InsuranceDekho is an insurtech platform that enables users to compare and purchase a wide range of insurance products, including travel, health, life, motor, and commercial coverage. The platform lets customers view policy terms, compare quotes from rated insurers, and complete transactions online, helping users select plans such as term, health, life, investment, car, or bike policies that meet their needs and budget.
Sun King
Private Equity Round in 2022
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.
NeoGrowth
Series D in 2022
NeoGrowth is a non-banking financial company based in Mumbai, Maharashtra, founded in 2011 by Dhruv Khaitan and Piyush Khaitan. The company specializes in providing financial solutions tailored to the needs of small and medium-sized businesses in India that engage in retail activities, including the sale of apparel, consumer electronics, footwear, handicrafts, and various services such as restaurants, beauty salons, and health centers. NeoGrowth offers term working capital loans and inventory financing against future credit and debit card sales, enabling merchants to access credit facilities with ease. Through its services, NeoGrowth aims to support the growth and operational needs of small businesses, facilitating their access to essential financial resources.
PasarPolis
Convertible Note in 2022
PasarPolis is an insurtech startup founded by Cleosent Randing in 2015 and headquartered in Jakarta, Indonesia. The company operates an online insurance comparison platform that aims to make insurance accessible to emerging consumers. It offers a range of insurance products, including health, life, car, personal accident, property, and travel insurance. Through its online portal, PasarPolis provides customers with the ability to obtain quotes and access claims processing services, thereby facilitating the acquisition of affordable and inclusive insurance plans.
MedGenome
Venture Round in 2022
MedGenome develops sequencing-based diagnostics and a research platform that combines genomics technologies, bioinformatics, computing, and big data analytics to understand the genetic basis of cancer, metabolic disorders, eye disorders, and other rare diseases in diverse populations. The platform enables high-end genetic diagnostic tests across immuno-oncology, infectious diseases, reproductive health, and rare diseases, and serves patients, pharmaceutical companies, and research institutions worldwide by delivering deep insights into diseases at the genetic and molecular level to advance global health.
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.
Interswitch
Private Equity Round in 2022
Interswitch is an Africa-focused integrated digital payments and commerce company that has been operational since 2002. It specializes in transaction switching and electronic payments processing, building and managing payment infrastructure across the continent. Interswitch facilitates the electronic circulation of money and the exchange of value between individuals and organizations, ensuring timely and consistent transactions. By providing innovative payment products and transactional services, the company aims to help banks, institutions, and governments reduce costs, enhance operational efficiency, and drive sustainable revenue growth.
Redcliffe Labs
Series B in 2022
Redcliffe Labs is a diagnostics service provider focused on identifying both communicable and non-communicable diseases through advanced radiography and pathology services. The company offers a comprehensive range of standard and specialized tests, utilizing cutting-edge laboratories and in-house technology. Redcliffe Labs aims to enhance accessibility to health tests for all individuals in India by leveraging its trusted radiology network and innovative testing methodologies. Additionally, the company specializes in reproductive health testing, cancer gene diagnosis, and screening for rare diseases, ensuring patients receive thorough support, including regular counseling and clinical data management. Through its extensive testing capabilities, Redcliffe Labs is committed to addressing various aspects of health, pregnancy, and fertility care.
Alexander Forbes
Private Equity Round in 2022
Alexander Forbes is a South African financial services firm offering integrated solutions in retirement planning, investments, life insurance, and healthcare consulting.
HDBank, founded in 1990, is one of Vietnam’s earliest joint‑stock commercial banks. With over three decades of operation, it has become a leading financial institution in the country, offering a broad spectrum of services to individuals, businesses, and investors. The bank leverages modern technology and strong financial fundamentals to support domestic and international growth.
CarDekho is a technology services company that delivers mobile application development, web design and development, offshore staffing, and testing and quality assurance solutions. It offers consulting and development for enterprise mobility, including iOS, Android, and cross‑platform applications, as well as web services such as responsive design, CMS, e‑commerce, and custom web applications. The firm provides offshore talent for designers, developers, and QA specialists, and offers comprehensive testing services covering automated, manual, functional, and integration testing. CarDekho builds applications across a wide range of sectors, including automotive, e‑learning, finance, social networking, travel, health, job placement, news, utilities, entertainment, lifestyle, e‑commerce, IT, communication, and publishing.
Fidelity Bank Ghana
Secondary Market in 2021
Fidelity Bank Ghana offers a range of banking services including current and savings accounts, internet and mobile banking, executive banking, corporate finance, mortgage, trade financing, treasury management, and promotions. It also supports government electrification projects through financing independent power providers.
Zepz is an online money transfer service that enables individuals to send money to friends and family living abroad through computers, smartphones, or tablets. It provides a convenient and cost-effective alternative to traditional money transfer companies, which often charge high fees. Zepz allows users to send funds to over 140 destinations worldwide, including Europe, Asia, Africa, Australia, and the Americas. Recipients can receive money as bank deposits, cash pickups, Mobile Money, or mobile airtime top-ups. The platform is designed to facilitate secure international transfers, utilizing technology that allows customers to manage their funds efficiently, with lower processing fees compared to conventional methods. Zepz operates in 50 countries, aiming to simplify the process of remittance for its users.
Cignifi
Venture Round in 2021
Cignifi Inc. is a Boston-based company that specializes in designing and developing a credit and marketing analytics platform specifically for mobile network operators. Established in 2010, Cignifi utilizes mobile phone data to provide credit risk and marketing scores, thereby helping underserved populations access financial services. The platform serves a diverse clientele, including telecommunications operators, retailers, lenders, and insurers. Cignifi's innovative approach leverages proprietary behavioral modeling and analytics tools to create scores based on mobile phone usage and other non-traditional data sources. This enables financial service providers to onboard new customers digitally while effectively managing fraud and credit risk. Additionally, Cignifi offers related products such as airtime credit, handset financing, and online lending, aimed at enhancing access to essential financial products for individuals without access to formal financial services.
BIMA
Venture Round in 2020
BIMA offers a range of healthcare services, including telemedicine, health screening, and personalized health programs. The company aims to make healthcare accessible and affordable in emerging markets by leveraging technology. BIMA's vision focuses on empowering individuals to take control of their health while providing comprehensive insurance options.
PasarPolis
Series B in 2020
PasarPolis is an insurtech startup founded by Cleosent Randing in 2015 and headquartered in Jakarta, Indonesia. The company operates an online insurance comparison platform that aims to make insurance accessible to emerging consumers. It offers a range of insurance products, including health, life, car, personal accident, property, and travel insurance. Through its online portal, PasarPolis provides customers with the ability to obtain quotes and access claims processing services, thereby facilitating the acquisition of affordable and inclusive insurance plans.
MedGenome
Series D in 2020
MedGenome develops sequencing-based diagnostics and a research platform that combines genomics technologies, bioinformatics, computing, and big data analytics to understand the genetic basis of cancer, metabolic disorders, eye disorders, and other rare diseases in diverse populations. The platform enables high-end genetic diagnostic tests across immuno-oncology, infectious diseases, reproductive health, and rare diseases, and serves patients, pharmaceutical companies, and research institutions worldwide by delivering deep insights into diseases at the genetic and molecular level to advance global health.
JUMO
Venture Round in 2020
JUMO is a fintech company that empowers partners to offer loans, savings, and financial services. It leverages artificial intelligence and machine learning to assess creditworthiness and build financial products tailored for customers in emerging markets.
JUMO
Debt Financing in 2020
JUMO is a fintech company that empowers partners to offer loans, savings, and financial services. It leverages artificial intelligence and machine learning to assess creditworthiness and build financial products tailored for customers in emerging markets.
JUMO is a fintech company that empowers partners to offer loans, savings, and financial services. It leverages artificial intelligence and machine learning to assess creditworthiness and build financial products tailored for customers in emerging markets.
AIICO Insurance
Post in 2020
AIICO Insurance is a Nigerian financial services company offering a range of insurance products for individuals and corporations. These include life insurance, health insurance, general insurance (such as auto and marine), and investment management services.
Zepz is an online money transfer service that enables individuals to send money to friends and family living abroad through computers, smartphones, or tablets. It provides a convenient and cost-effective alternative to traditional money transfer companies, which often charge high fees. Zepz allows users to send funds to over 140 destinations worldwide, including Europe, Asia, Africa, Australia, and the Americas. Recipients can receive money as bank deposits, cash pickups, Mobile Money, or mobile airtime top-ups. The platform is designed to facilitate secure international transfers, utilizing technology that allows customers to manage their funds efficiently, with lower processing fees compared to conventional methods. Zepz operates in 50 countries, aiming to simplify the process of remittance for its users.
Zepz is an online money transfer service that enables individuals to send money to friends and family living abroad through computers, smartphones, or tablets. It provides a convenient and cost-effective alternative to traditional money transfer companies, which often charge high fees. Zepz allows users to send funds to over 140 destinations worldwide, including Europe, Asia, Africa, Australia, and the Americas. Recipients can receive money as bank deposits, cash pickups, Mobile Money, or mobile airtime top-ups. The platform is designed to facilitate secure international transfers, utilizing technology that allows customers to manage their funds efficiently, with lower processing fees compared to conventional methods. Zepz operates in 50 countries, aiming to simplify the process of remittance for its users.
Dvara operates a platform focused on financial inclusion for low-income households in India. It comprises four key entities: Dvara Holdings, which houses businesses like IFMR Capital (offering debt capital markets services) and Dvara Rural Finance (licensing technology for remote rural markets); Dvara Solutions (providing software to enhance customer-centricity for financial institutions); Dvara Research (dedicated to ensuring access to financial services); and Dvara KGFS (building community financial services institutions). The platform aims to bridge market gaps, enabling millions of low-income households to access comprehensive financial services.
Softlogic Life
Secondary Market in 2018
Softlogic Life Insurance PLC is a prominent provider of life insurance products in Sri Lanka, offering a diverse range of plans including protection, retirement, savings, investment, health, and term assurance. Established in 1999 and headquartered in Colombo, the company serves both individual and corporate customers. Softlogic Life operates through two main segments: the Policyholder Fund and the Shareholder Fund, with the majority of its revenue generated from the Policyholder Fund. Originally known as Asian Alliance Insurance PLC, the company rebranded in October 2016 and is a subsidiary of Softlogic Capital PLC. In addition to its core insurance services, Softlogic Life has a presence in various sectors, including retail, healthcare, information and communications technology, automobiles, leisure, and financial services.
Pyramid Group
Private Equity Round in 2018
Pyramid Group was founded in 2001 with the goal of becoming the preferred partner in the provision of healthcare solutions in Africa. It invests in the best systems and people to ensure that quality products are delivered, and superior service is offered. In 2013 Pyramid Group attained ISO 9001:2008 certification, whose standards represent an international consensus on good quality management practices, and in the same year expanded its footprint from Tanzania to Uganda, Rwanda, Burundi, Kenya, Ethiopia and Mozambique. Pyramid Group currently represents internationally renowned companies in medical & laboratory equipment, reagents and medical supplies.
Pyramid Group
Private Equity Round in 2018
Pyramid Group was founded in 2001 with the goal of becoming the preferred partner in the provision of healthcare solutions in Africa. It invests in the best systems and people to ensure that quality products are delivered, and superior service is offered. In 2013 Pyramid Group attained ISO 9001:2008 certification, whose standards represent an international consensus on good quality management practices, and in the same year expanded its footprint from Tanzania to Uganda, Rwanda, Burundi, Kenya, Ethiopia and Mozambique. Pyramid Group currently represents internationally renowned companies in medical & laboratory equipment, reagents and medical supplies.
JUMO is a fintech company that empowers partners to offer loans, savings, and financial services. It leverages artificial intelligence and machine learning to assess creditworthiness and build financial products tailored for customers in emerging markets.
JUMO
Venture Round in 2018
JUMO is a fintech company that empowers partners to offer loans, savings, and financial services. It leverages artificial intelligence and machine learning to assess creditworthiness and build financial products tailored for customers in emerging markets.
Fincare Business Services
Private Equity Round in 2018
Fincare Business Services Private Limited is a holding company based in Bengaluru, India, established in 2014. It operates primarily in the base of pyramid financial services sector, focusing on providing accessible banking and financial solutions to under-banked rural and semi-urban households. The company manages a microfinance institution that offers joint liability group-based microloans, credit-linked insurance, and retirement services through government pension schemes. By consolidating various financial services under one umbrella, Fincare aims to create a measurable economic and social impact within its target demographic, facilitating access to affordable financial services for credit-worthy individuals.
Ascent Meditech
Acquisition in 2018
Ascent Meditech Limited is a manufacturer based in Mumbai, India, specializing in the production and marketing of orthopedic soft goods and healthcare products. Founded in 2012, the company offers a diverse range of items designed to aid rehabilitation for various musculoskeletal disorders, including cervical, knee, chest, back, ankle, and foot issues. Their product lineup includes bandages, mobility aids, wound care items, and medical appliances, all aimed at providing relief from pain and discomfort associated with orthopedic conditions. Ascent Meditech is committed to addressing the needs of consumers in the healthcare sector with its focus on effective rehabilitation solutions.
Cignifi Inc. is a Boston-based company that specializes in designing and developing a credit and marketing analytics platform specifically for mobile network operators. Established in 2010, Cignifi utilizes mobile phone data to provide credit risk and marketing scores, thereby helping underserved populations access financial services. The platform serves a diverse clientele, including telecommunications operators, retailers, lenders, and insurers. Cignifi's innovative approach leverages proprietary behavioral modeling and analytics tools to create scores based on mobile phone usage and other non-traditional data sources. This enables financial service providers to onboard new customers digitally while effectively managing fraud and credit risk. Additionally, Cignifi offers related products such as airtime credit, handset financing, and online lending, aimed at enhancing access to essential financial products for individuals without access to formal financial services.
ARM Pension Managers PFA
Secondary Market in 2018
ARM Pension Managers PFA Limited (“ARM Pensions”), a subsidiary of ARM. ARM Pensions is Nigeria’s largest independent pension fund manager.
JUMO is a fintech company that empowers partners to offer loans, savings, and financial services. It leverages artificial intelligence and machine learning to assess creditworthiness and build financial products tailored for customers in emerging markets.
NeoGrowth
Series D in 2018
NeoGrowth is a non-banking financial company based in Mumbai, Maharashtra, founded in 2011 by Dhruv Khaitan and Piyush Khaitan. The company specializes in providing financial solutions tailored to the needs of small and medium-sized businesses in India that engage in retail activities, including the sale of apparel, consumer electronics, footwear, handicrafts, and various services such as restaurants, beauty salons, and health centers. NeoGrowth offers term working capital loans and inventory financing against future credit and debit card sales, enabling merchants to access credit facilities with ease. Through its services, NeoGrowth aims to support the growth and operational needs of small businesses, facilitating their access to essential financial resources.
Zepz is an online money transfer service that enables individuals to send money to friends and family living abroad through computers, smartphones, or tablets. It provides a convenient and cost-effective alternative to traditional money transfer companies, which often charge high fees. Zepz allows users to send funds to over 140 destinations worldwide, including Europe, Asia, Africa, Australia, and the Americas. Recipients can receive money as bank deposits, cash pickups, Mobile Money, or mobile airtime top-ups. The platform is designed to facilitate secure international transfers, utilizing technology that allows customers to manage their funds efficiently, with lower processing fees compared to conventional methods. Zepz operates in 50 countries, aiming to simplify the process of remittance for its users.
Zepz is an online money transfer service that enables individuals to send money to friends and family living abroad through computers, smartphones, or tablets. It provides a convenient and cost-effective alternative to traditional money transfer companies, which often charge high fees. Zepz allows users to send funds to over 140 destinations worldwide, including Europe, Asia, Africa, Australia, and the Americas. Recipients can receive money as bank deposits, cash pickups, Mobile Money, or mobile airtime top-ups. The platform is designed to facilitate secure international transfers, utilizing technology that allows customers to manage their funds efficiently, with lower processing fees compared to conventional methods. Zepz operates in 50 countries, aiming to simplify the process of remittance for its users.
Enterprise Group
Private Equity Round in 2017
Enterprise Group Limited is a financial services provider based in Accra, Ghana, operating through six segments: Non-Life Insurance, Life Assurance, Pension Administration, Real Estate, Funeral Services, and Investments. The company offers a wide range of insurance products, including personal and group accident coverage, various types of property and casualty insurance, and specialized plans such as credit life and micro insurance. Additionally, it provides services in pension fund management and real estate development. Enterprise Group is noted for being the first insurance company publicly listed in Ghana and has a long history, having been founded in 1924.
Cignifi
Venture Round in 2017
Cignifi Inc. is a Boston-based company that specializes in designing and developing a credit and marketing analytics platform specifically for mobile network operators. Established in 2010, Cignifi utilizes mobile phone data to provide credit risk and marketing scores, thereby helping underserved populations access financial services. The platform serves a diverse clientele, including telecommunications operators, retailers, lenders, and insurers. Cignifi's innovative approach leverages proprietary behavioral modeling and analytics tools to create scores based on mobile phone usage and other non-traditional data sources. This enables financial service providers to onboard new customers digitally while effectively managing fraud and credit risk. Additionally, Cignifi offers related products such as airtime credit, handset financing, and online lending, aimed at enhancing access to essential financial products for individuals without access to formal financial services.
Fincare Business Services
Private Equity Round in 2017
Fincare Business Services Private Limited is a holding company based in Bengaluru, India, established in 2014. It operates primarily in the base of pyramid financial services sector, focusing on providing accessible banking and financial solutions to under-banked rural and semi-urban households. The company manages a microfinance institution that offers joint liability group-based microloans, credit-linked insurance, and retirement services through government pension schemes. By consolidating various financial services under one umbrella, Fincare aims to create a measurable economic and social impact within its target demographic, facilitating access to affordable financial services for credit-worthy individuals.
Goodlife Pharmacy
Acquisition in 2016
GoodLife Pharmacy is a retail pharmacy chain based in Nairobi, Kenya, serving over 600,000 customers through 19 convenient locations across East Africa. The company specializes in providing trusted pharmaceuticals and wellness products, alongside a range of health services. These services include monitoring blood pressure, blood glucose levels, and body mass index, as well as offering malaria testing, family nutrition guidance, doctor consultations, and laboratory services. By focusing on affordability and accessibility, GoodLife Pharmacy aims to enhance healthcare availability for its customers.
UT Life Insurance
Acquisition in 2016
UT Life Insurance Company Limited is a life insurance provider based in Accra, Ghana, with branch operations in several cities, including Tema, Kumasi, and Takoradi. Established in 2005, the company offers a range of life assurance products, such as universal life policies, group term policies, and loan protection insurance. Additionally, it provides various retail solutions tailored to individual needs, including plans for priority protection, education expenses, and funeral expenses. UT Life Insurance also caters to corporate clients with group insurance options, including Keyman insurance and mortgage protection policies. The company was previously known as Golden Life Assurance Company Limited before rebranding in 2010.
Dvara
Venture Round in 2015
Dvara operates a platform focused on financial inclusion for low-income households in India. It comprises four key entities: Dvara Holdings, which houses businesses like IFMR Capital (offering debt capital markets services) and Dvara Rural Finance (licensing technology for remote rural markets); Dvara Solutions (providing software to enhance customer-centricity for financial institutions); Dvara Research (dedicated to ensuring access to financial services); and Dvara KGFS (building community financial services institutions). The platform aims to bridge market gaps, enabling millions of low-income households to access comprehensive financial services.
BIMA offers a range of healthcare services, including telemedicine, health screening, and personalized health programs. The company aims to make healthcare accessible and affordable in emerging markets by leveraging technology. BIMA's vision focuses on empowering individuals to take control of their health while providing comprehensive insurance options.
Reliance Capital Management
Private Equity Round in 2015
Reliance Capital Management is an integrated financial services company operating in Indonesia, offering a comprehensive range of financial products and services. The company specializes in equities, underwriting, fixed income, asset management, and various insurance products, including life, health, and general insurance. It provides securities brokerage services in both equity and fixed income markets and offers a diverse array of insurance coverage, such as property, motor vehicle, and cargo insurance, as well as health insurance that encompasses hospitalization, outpatient, dental, and maternity care. Additionally, Reliance Capital Management supports consumer and corporate lending, aiming to facilitate growth for businesses and enhance the quality of life for individuals through its tailored financial solutions.
Magma Fincorp
Post in 2015
Magma Fincorp Limited, established in 1988 and previously known as Magma Leasing Limited, is a prominent financial services company in India. The company began its operations in 1989 and has since grown to become one of the largest players in the industry. Through a merger with Arm Group Enterprises in 1992, Magma further solidified its position in the market. With a focus on providing a range of financial services, Magma Fincorp has established a strong presence and reputation in the Indian financial sector over the past five years.
AFB
Private Equity Round in 2015
afb is a financial services company based in Accra, Ghana, that provides credit solutions to individuals and small businesses across Africa. Founded in 2010, afb operates through four main divisions: cards, loans, mobile, and insurance. The company focuses on harnessing data to understand consumer behavior, enabling it to offer innovative financial products such as mobile money, working capital solutions, and loyalty programs. With a growing customer base of over 300,000 in Kenya, Ghana, and Tanzania, afb has established partnerships with more than 400 retail outlets and has pioneered the provision of unsecured credit via digital channels in collaboration with major mobile network operators.
Syn Mun Kong Insurance
Private Equity Round in 2014
Founded in 1951, Syn Mun Kong Insurance is a leading non-life insurer based in Bangkok, Thailand. It offers a comprehensive range of insurance products including fire, marine, motor, miscellaneous, and accident coverage through its network of 166 branches.
Resolution Insurance
Acquisition in 2014
Resolution Insurance is a Kenyan insurer established in 2002 as Resolution Health East Africa and later registered as a general insurer with the Insurance Regulatory Authority. It provides medical insurance as its core offering and underwrites a range of general lines, including personal accident, workmen's compensation, liability, travel, property, and motor insurance, serving corporate clients, social groups, families, and individuals. The company also offers insurance broking services, helping clients across Kenya safeguard assets, manage risk, and mitigate financial exposure. It has served over 60,000 members, reflecting its experience and focus on innovative solutions to meet diverse coverage needs.
BIMA offers a range of healthcare services, including telemedicine, health screening, and personalized health programs. The company aims to make healthcare accessible and affordable in emerging markets by leveraging technology. BIMA's vision focuses on empowering individuals to take control of their health while providing comprehensive insurance options.
Northern Arc Capital
Venture Round in 2014
Northern Arc Capital operates as a non-banking financial company in India, offering microfinance, agricultural finance, housing finance, vehicle finance, consumer finance, small business loans, gold loans, and fintech services. It also provides structured products, capital market instruments, term loan facilities, debt syndication, guarantee-backed lending, and fund management services.
Petra Trust
Private Equity Round in 2014
Petra Trust Company Limited is a provider of trustee services in Ghana, catering to both employers and individuals. The company specializes in personal pension and retirement planning, helping clients navigate their financial futures. Petra Trust offers a range of services, including investment policy formulation, strategic and tactical asset allocation, and benchmark design. Additionally, it assists clients in selecting and evaluating fund managers and custodians, as well as providing comprehensive fund administration services. The company also delivers customized pension training aimed at individuals and corporate executives, ensuring that they meet regulatory requirements. Petra Trust is headquartered in Accra, Ghana.
BIMA offers a range of healthcare services, including telemedicine, health screening, and personalized health programs. The company aims to make healthcare accessible and affordable in emerging markets by leveraging technology. BIMA's vision focuses on empowering individuals to take control of their health while providing comprehensive insurance options.
Mahindra Insurance Brokers
Private Equity Round in 2012
Mahindra Insurance Brokers Ltd. is a Mumbai-based company that specializes in insurance and reinsurance broking services for both life and non-life insurance products. Established in 1987 and formerly known as Mahindra Allied Investments Ltd., the company offers a diverse range of life insurance options, including children's plans, retirement products, and group policies. Its non-life insurance offerings encompass personal and commercial insurance, health, motor, travel, and liability products. Additionally, Mahindra Insurance Brokers provides risk management services, including risk inspection and portfolio management, catering to corporate clients, small and medium enterprises, and individuals. The company has successfully served over six million customers and has achieved significant claim settlements. As a subsidiary of Mahindra & Mahindra Financial Services Limited, it aims to leverage technology and strategic partnerships to enhance customer service and expand its market reach.
Express Life Insurance Company
Acquisition in 2012
Express Life Insurance Company is a provider of life insurance products and services based in Ghana. The company specializes in offering a range of life insurance options, including credit life and disability plans that protect the outstanding balance of consumer loans against the risks of death and disability. Additionally, Express Life Insurance provides personal pension plans designed to deliver both living and death benefits, while also facilitating savings for retirement. Through its offerings, the company aims to meet the diverse insurance and savings needs of its clients.
Shiram Credit
Venture Round in 2011
Shriram Credit Company Limited is a non-banking finance company that is engaged in asset finance and NBFC-based lending activities. The company offers hire purchase finance and lease on motor vehicles and machineries. Shriram Credit was incorporated in 1980 and is based in Chennai, India. Shriram Credit Company Limited operates as a subsidiary of Shriram Group.
Shriram Life Insurance
Venture Round in 2011
Shriram Life Insurance Company Limited, established in 2005 and based in Hyderabad, India, offers a range of life insurance products designed to meet various customer needs. Its offerings include security and savings plans, education and marriage products, annuity plans, and life cover options. The company operates as a subsidiary of Shriram Group Pvt. Co. and is a joint venture between the Shriram Group and the Sanlam Group. In addition to life insurance, Shriram Life also provides retirement annuities, saving and investment products, as well as personal and home loans, catering to the financial needs of individuals.
Apollo Investments
Private Equity Round in 2011
Apollo Investments Limited provides general and life insurance solutions for individuals, businesses, and organizations in Kenya. Its products include group life assurance, group last expense assurance, group accident disability assurance, group critical illness assurance, group mortgage assurance, group credit life assurance, group pension plans, individual pension plans, and pension annuity plans.
AllLife
Private Equity Round in 2009
AllLife is a South African insurer that designs, distributes, and administers life and disability insurance products for people living with HIV and diabetes. It sells its products through finance services providers and is based in Sandton, South Africa, with operations dating to 2004. The company offers a health monitoring program to flag potential health concerns and encourage regular testing and adherence to medications, helping policyholders maintain health while gaining access to affordable insurance.