Maj Invest Equity

Liva Healthcare is a digital health coaching platform focused on scalable lifestyle and disease management, particularly for chronic conditions such as Type 2 diabetes, obesity, and heart disease. The company provides an intuitive app that fosters personalized health coaching, creating strong connections between coaches, general practitioners, and patients. Its platform is designed to engage patients over nine to 18 months, promoting sustainable behavior change and habit formation. Liva Healthcare's services are utilized by various organizations, including public healthcare systems and private insurers. The app is multilingual and effective across diverse socio-economic groups, allowing one coach to manage up to 500 patients simultaneously. Implementation typically occurs within weeks, and the platform is offered as both a white-label Software as a Service solution and a turn-key option, tailored to client needs. Liva Healthcare operates from offices in Copenhagen, Denmark, and London, UK.

Finova Capital is a financial services provider specializing in loans for micro and small businesses. It offers personalized financing solutions with transparent insights into loan structures and payment plans.

FlexiLoans is a digital lending platform founded in 2016, headquartered in Mumbai, India. It specializes in providing quick, flexible loans to small and medium enterprises (SMEs) that lack credit history or adequate collateral, enabling growth opportunities often overlooked by traditional banking channels.

Amartha is a microfinance technology platform dedicated to fostering economic growth at the grassroots level by facilitating connections between micro and small to medium-sized enterprises (SMEs) and investors. The platform enables entrepreneurs, particularly in rural areas, to access microfinance loans through user-friendly mobile applications and websites. By bridging the gap between potential lenders and borrowers, Amartha aims to create equal opportunities for prosperity, thereby contributing to the overall development of local economies.

Namdev Finvest operates a digital non-banking finance platform focused on providing loans to rural and semi-urban agriculture sectors, as well as the priority sector. The platform offers a range of loan products including commercial vehicle loans, car loans, business loans, two-wheeler loans, and gold loans, aiming to serve unbanked farmers and entrepreneurs.

Save Solutions is a financial services company focused on providing last-mile banking services to the unbanked population in rural areas of India. By leveraging an extensive network of customer service points, the company aims to enhance financial inclusion and support the development of underserved communities. Save Solutions operates under the principles of social justice, equality, and fraternity, aligning its mission with the broader goals of societal welfare and national development. Through its innovative business correspondent network, the company facilitates access to essential financial services, thereby contributing to the economic empowerment of individuals in these regions.

Morrow Batteries is a manufacturer focused on producing cost-effective and sustainable battery cells to facilitate the green energy transition. The company specializes in developing industrialized graphene-enhanced lithium-sulfur batteries, which significantly enhance performance while minimizing environmental impact. By prioritizing sustainability and efficiency, Morrow Batteries aims to provide clients with innovative solutions that contribute to a more sustainable energy future.

Protai is a biotech company that uses proteomics and artificial intelligence to advance drug discovery. Its platform combines mass spectrometry proteomics with protein-focused datasets and machine learning to identify proteo-forms, including post-translational modifications, and map protein–protein interactions and quantification. By leveraging these insights, the platform aims to improve the design and validation of drug candidates, accelerate discovery, and potentially lower development costs. The approach translates complex biological data into actionable insights to reshape outcomes in the development of therapies for challenging diseases.

Hemab is a company that creates preventative treatments for bleeding and thrombosis problems. The medicines developed by the business aggregate, modify, balance, and at times recruit endogenous clotting components already present in the blood to the site of injury, allowing patients to produce hemostatic plugs or clots to avert life-threatening complications. Hemab Therapeutics was established in 2017 in Copenhagen, Hovedstaden by Johan H. Faber and Mads Behrndt.

Synklino is a biotechnology company specializing in the development of a cytomegalovirus (CMV)-specific immunotoxin aimed at eradicating CMV infections. This innovative immunotoxin is designed to effectively target and eliminate both lytic and latently infected cells, providing rapid relief from the virus. By ensuring fast and safe eradication of CMV infections, Synklino's solution enhances long-term survival prospects for transplant recipients, ultimately contributing to better overall health outcomes for patients undergoing transplantation. The company's focus on addressing CMV infections positions it as a key player in improving post-transplant care and patient quality of life.

FlexiLoans is a digital lending platform founded in 2016, headquartered in Mumbai, India. It specializes in providing quick, flexible loans to small and medium enterprises (SMEs) that lack credit history or adequate collateral, enabling growth opportunities often overlooked by traditional banking channels.

Belstar Microfinance Limited is a non-banking finance company based in Chennai, India, that specializes in providing microfinance services primarily to entrepreneurs involved with self-help group programs. Incorporated in 1988, the company offers a variety of financial products, including micro enterprise loans for agriculture, production, manufacturing, trade, and services, as well as loans for sanitation, consumer goods, education, and insurance. Belstar is recognized for its commitment to alleviating poverty through job creation and integrated community development, aligning its operations with the goals of Hand-in-Hand India, which it partners with to support sustainable micro-enterprises. The company has transitioned into a profitable microfinance institution, maintaining a focus on both financial sustainability and social impact.

Finova Capital is a financial services provider specializing in loans for micro and small businesses. It offers personalized financing solutions with transparent insights into loan structures and payment plans.

Berar Finance Limited is a Nagpur-based non-banking financial company that provides a range of financial services in India, particularly focusing on financing for two-wheelers. The company offers various loan products, including financing for used cars, personal loans, and loans against fixed deposits, catering to the financial needs of underserved communities in semi-urban and rural areas. In addition to retail financing, Berar Finance also engages in hire purchasing activities and has established six branches throughout the Vidarbha region. The company's commitment to financial inclusion aims to support individuals and businesses in meeting their vehicle and personal financing requirements.

Save Solutions is a financial services company focused on providing last-mile banking services to the unbanked population in rural areas of India. By leveraging an extensive network of customer service points, the company aims to enhance financial inclusion and support the development of underserved communities. Save Solutions operates under the principles of social justice, equality, and fraternity, aligning its mission with the broader goals of societal welfare and national development. Through its innovative business correspondent network, the company facilitates access to essential financial services, thereby contributing to the economic empowerment of individuals in these regions.

Ferm Living ApS is a Copenhagen-based manufacturer specializing in design and interior products for homes. Established in 2006, the company offers a diverse range of items including cushions, wallpaper, textiles, decorative objects, furniture, and storage solutions, catering to various living spaces such as the living room, kitchen, bedroom, bathroom, and office. With a focus on authentic design and functionality, Ferm Living emphasizes the importance of balancing contrasts in life through its products, which feature soft forms, rich textures, and striking patterns. The company operates both online and through a network of agents and distributors, serving customers in Denmark and internationally. Committed to ethical and sustainable practices, Ferm Living collaborates with artisans worldwide to create quality designs that reflect a Scandinavian aesthetic while respecting the environment.

Aye Finance is a finance company specializing in providing business loans to micro and small enterprises. It leverages technology and robust processes to deliver customer-centered financial services, aiming to facilitate better financial inclusion.

BASIX Sub-K iTransactions Limited, established in 2010 and headquartered in Hyderabad, India, operates a mobile technology-based transactional platform designed to provide digitized services to residents in rural, urban, and semi-urban areas. The company offers a range of financial services including banking, savings, government payments, money transfers, utility payments, and prepaid mobile top-ups through a network of basic convenience outlets. Sub-K, which translates to "for everyone" in Hindi and indicates transactions within 1,000 meters distance for less than 1,000 rupees, serves as a subsidiary under the BASIX Social Enterprise Group. It recruits, trains, and equips local entrepreneurs as Business Correspondent agents who act as human ATMs, facilitating real-time banking and non-banking solutions at the last mile of connectivity between banks and end consumers. The company aims to bridge the digital divide by offering affordable, accessible, and scalable digital payment solutions to the bottom-of-the-pyramid segment, ultimately creating a financially included society.

Belstar Microfinance Limited is a non-banking finance company based in Chennai, India, that specializes in providing microfinance services primarily to entrepreneurs involved with self-help group programs. Incorporated in 1988, the company offers a variety of financial products, including micro enterprise loans for agriculture, production, manufacturing, trade, and services, as well as loans for sanitation, consumer goods, education, and insurance. Belstar is recognized for its commitment to alleviating poverty through job creation and integrated community development, aligning its operations with the goals of Hand-in-Hand India, which it partners with to support sustainable micro-enterprises. The company has transitioned into a profitable microfinance institution, maintaining a focus on both financial sustainability and social impact.

Founded in 1991, Arohan Financial Services is a leading non-banking financial company based in Kolkata, India. It specializes in providing microfinance services, offering loans ranging from INR 10,000 to INR 1 crore, primarily targeting economically active women and small businesses in low-income areas. The company operates through 711 branches nationwide, offering a range of products including group term life insurance, hospi-cash, merchant cash advance, and working capital facilities.

Headhunterportal uses machine learning and AI to connect relevant candidates to matching headhunters.

Icotera is a prominent European developer and manufacturer of Fiber-to-the-Home (FTTH) customer-premises equipment designed for fiber-optic network operators. Headquartered in Holte, Denmark, with a research and development center in Szczecin, Poland, Icotera focuses on delivering innovative products such as intelligent gateways, Ethernet routers, and access points. These devices are equipped with advanced Wi-Fi capabilities and real-time network monitoring, ensuring optimal performance and flexibility for various customer needs. The company is committed to providing high-quality, cost-effective solutions that cater to the unique requirements of its clients, emphasizing superior design and functionality in its offerings.

TDC Hosting provides business outsourcing operations to companies across Denmark. It has offices in Aarhus and Copenhagen and employs 300 people.

Berrybenka is an Indonesian online fashion and beauty platform based in Jakarta. It offers a wide range of products including clothing, accessories, shoes, bags, sportswear, and beauty items for both men and women at affordable prices.

DK-Foods is a producer of pizza toppings, specializing in allergen-free pepperoni, salami, and chorizo. The company caters to the industrial market, supplying its products to manufacturers of refrigerated and frozen pizzas, as well as international pizza chains. By offering laboratory-accredited products, DK-Foods enables its clients to access high-quality toppings at competitive prices, enhancing the overall value of their offerings in the food industry.

Svendsen Sport A/S is a prominent distributor of fishing tackle, established in 1977 and headquartered in Gadstrup, Denmark. The company operates a comprehensive European distribution network, which includes sales and subsidiary companies in Sweden, Germany, Benelux, France, Norway, and Great Britain. In addition to these direct operations, Svendsen Sport collaborates with local agents to extend its reach in other European countries. This extensive network positions Svendsen Sport as one of the largest suppliers of fishing tackle in Europe, catering to a diverse clientele across the continent. The company is a subsidiary of Lars Svendsen Holding ApS.

ProLøn is a Danish company specializing in payroll software designed for small and medium-sized businesses. The company's solutions facilitate wage management by offering an easy-to-use payroll system that integrates seamlessly with most financial and time-recording systems. ProLøn is committed to providing exceptional personal support, ensuring that clients receive assistance tailored to their needs. By prioritizing user experience and accessibility, ProLøn aims to simplify payroll processes for its customers while maintaining a competitive edge in the market.

Muuto is a design company that seeks to expand the Scandinavian design tradition by offering innovative and original perspectives on everyday objects. The name Muuto, derived from the Finnish word for "new perspective," reflects its mission to reimagine items such as chairs, vases, and lamps through the lens of contemporary design. The company collaborates with talented Scandinavian designers, allowing them the freedom to express their unique stories and visions. By focusing on quality materials and craftsmanship, Muuto provides a range of luxurious furniture and home decor products that are both aesthetically pleasing and functional, making premium design accessible to a broader audience. Through its commitment to exceptional design, Muuto aims to create objects that resonate with customers worldwide, embodying the essence of modern Scandinavian design.

JKF Industri A/S is a Danish company founded in 1957 and based in Hadsund, specializing in the manufacture of components for process ventilation systems across various industries, including woodworking, agriculture, milling, recycling, and metalworking. The company's extensive product range includes ducts and ducting systems, filters and separators, fan systems, and other essential ventilation components such as sliding dampers and throttle valves. JKF Industri A/S distributes its products through a network of dealers, wholesalers, and plant manufacturers, enabling it to serve a diverse clientele effectively. The company was previously known as Jysk Knæ- & Pladerørsfabrik before rebranding in January 1982 and is currently a subsidiary of Delta Neu S.A.S.

SFK Leblanc is a manufacturer based in Kolding, Denmark, specializing in the design, production, and supply of equipment for the food industry. The company provides comprehensive solutions for slaughtering, cutting, and deboning, specifically focusing on pig and cattle processing. Additionally, SFK Leblanc offers logistics solutions and related spare parts to enhance operational efficiency within food production facilities. Through its innovative equipment and services, the company plays a crucial role in supporting the food supply chain.