Industry: Global Investments
Product: Venture building
Partner: Greentec Capital
Year: 2019 - 2021
Markets: Egypt, Kenya, Nigeria, Ghana
Objective: Venture Building
Key Activities:
Managed deal flow, conducted due diligence, and presented findings and arguments to the investment committeeDeep dive market analysis as part of due diligence. Market size validation, market outlook, competition, future markets and new innovations predictionsPortfolio management by tracking KPIs for portfolio companiesPortfolio company support to ensure company growth and investment readiness: structuring, hiring and supporting growth teams, pitch deck formation, investor relations, grant applications
Portfolio Company — Pricepally: a Nigerian wholesale e-commerce platform bringing consumers together with producers and each other to mutual benefits. Leveraging shared economic principles, Pricepally enables consumers to buy quality produce and wholesale products directly from producers, as well as sharing bulk purchases with other users for additional savings.Value Addition: B2B strategy support, early pipeline development in Nigeria with large enterprises; support in recruiting the B2B Growth Manager to lead its execution. Investor relations to raise $250K through a mix of grants, debt, and equity, alongside providing broader strategy and operational support and conducting user experience impact studies.Portfolio Company — Powerstove: A Nigerian startup that converts non-recyclable paper, wood and agricultural by products of various crops into biomass pellets, which are then used to fuel the affordable, fuel efficient, and smokeless cook-stove.Value Addition: Documented the company's pay-go strategy and recruited its heads of Operations, Sales, and Finance to build out the leadership team. Supported investor relations efforts to raise $500k through a mix of grants, debt, and equity, while conducting user experience impact studies.
Portfolio Company — Sumundi: an innovative Ghanaian E-commerce start-up that has developed an innovative digital retail management platform to help retailers manage, grow, and sustain their businesses. Sumundi provides POS software to shops and small businesses to help with inventory management and accounting.Value Addition: Provided strategy and operational support alongside conducting user experience impact studies, while contributing to product development by sourcing POS providers and conducting supplier assessments.