Participated · Series A · Aug 2026

Founded in 2021 and based in Gurugram, Lissun is a tech-enabled mental health platform that provides therapy, counseling, and wellness solutions to individuals and enterprises. The company reports having delivered over 35,000 therapy sessions across more than 40 cities and serves over 200 clients via partnerships with corporates, healthcare providers, and educational institutions. In July last year, Lissun acquired US-based mental wellbeing startup Being Cares Inc as part of its push to build an AI-driven, child-first behavioural development ecosystem. Financially, Lissun’s operating revenue nearly doubled to Rs 5.13 crore in FY25 from Rs 2.66 crore in FY24, while losses increased to Rs 9.85 crore from Rs 9.10 crore. The company has approved an MSOP granting options worth roughly Rs 5.06 crore to key personnel. Lissun has not yet filed its FY26 financial statements.

Participated · Equity · Jan 2024

Ampersand operates a vertically integrated Battery-as-a-Service model for motorcycle taxi riders, combining proprietary battery packs, management software, and a network of battery-swap stations. The company manages over 8,000 batteries that power more than 6,000 electric motorcycles, enabling over 20,000 battery swaps daily and covering more than 900,000 km each day. Ampersand says its electric motorcycles can double a rider’s take-home earnings versus petrol models and outsell competitors by 9-to-1 in Kigali and 4-to-1 in Nairobi. It reports 99% of its batteries remain active after 18 months and a customer revenue retention rate exceeding 100%. The company aims to double its battery fleet by early 2026 and to expand its swap-station network across East Africa. Ampersand has reached profitability in Kenya and is collaborating with BYD to accelerate battery production and development. Ampersand assembles and finances electric motorcycles tailored to motorcycle taxi markets in East Africa. Founded in 2016 and based in Kigali, the company launched commercially in May 2019 and its fleet grew to over 1,000 members. By late 2024 it anticipates surpassing 10,000 members. Ampersand describes its made-in-Africa battery fleet as leading the world in cost per km and uptime for light-electric vehicles; its motorcycles are less expensive to purchase and operate than gasoline counterparts. The company raised $19.5M in a debt and equity financing to support operations, which also includes a $7.5M debt facility. Management says the funding will allow it to deliver thousands more electric motorcycles in the coming months as government e-mobility policies and the removal of fuel subsidies expand the addressable market.

Led · Series A · Aug 2023

Founded in 2017 by Steve Biko and Sebastian Mithika and launching operations in 2018, Zanifu offers a digital lending platform that supplies short-term working capital to informal and small retailers embedded in the FMCG supply chain. The company positions itself as critical financial infrastructure for merchants who are largely excluded from traditional credit channels. To date, it has disbursed more than US$60 million in loans and financed over 15,000 SMEs. Zanifu reports having reached break-even for two consecutive months, a notable feat in the cash-intensive fintech sector. The startup’s growth strategy includes scaling its lending solutions across additional African markets. Previously, it raised a US$11.2 million mix of debt and equity in August 2023. The latest infusion from Yango Ventures is intended to accelerate this regional expansion and deepen its loan book.

Participated · Series B · Jul 2023

Kasha is a digital retail and last-mile distribution platform founded in 2016 that focuses on women’s health products alongside fast-moving consumer goods. It serves individual consumers, small resellers, pharmacies, hospitals, and clinics via website and USSD, and also operates a wholesale supply business after obtaining a pharmaceutical license. The company offers telehealth connections when customers lack prescriptions and provides inventory credit to pharmacies, clinics and hospitals. Kasha sources products directly from manufacturers to ensure authenticity and leverages last-mile channels and content to reach mass-market customers in urban and rural areas. Since its Series A, the company reports annual recurring revenue growth of 50x and says it will use new capital to expand across Africa and invest in strategic areas of the business. CEO Joanna Bichsel has stated ambitions to scale the business globally and potentially pursue a public listing in the future. Kasha is an e-commerce platform that aims to improve women’s access to health, hygiene and self-care products in East Africa. It sells and distributes items such as hand sanitisers, antibacterial soaps, masks and gloves. CEO Joanna Bichsel said the service can act as a safe channel to obtain these items during the Covid-19 pandemic and that the company plans to offer Covid-19 diagnostic rapid tests eventually. The article reports that Finnish development financier Finnfund invested $1 million in Kasha. The funding was described as potentially vital under Covid-19 because Kasha provides contactless access to essential products. No other financial metrics or prior rounds were reported in the article.

Led · Seed · Jan 2023

XENO is a goal-based investment platform led by founder and CEO Aéko Ongodia that enables Africans to save and invest from as little as $3 via web, mobile app, or USSD. The product is designed for both internet-connected users and those without access, and is already pre-installed on 14 million phones in Uganda. XENO emphasizes low management fees and free goal-based planning to expand financial access for underserved individuals. The company reports a 97% retention rate and says it helps millions in Africa build financial resilience and independence. XENO is expanding its customer base into key markets such as Kenya and Nigeria as it scales its offering.