Connected Analytics, Okhi receive up to $500,000 each as part of Betatron Cohort 6

Connected Analytics (parent body of ThankU Cash) and Okhi are the two African startups selected for Betatron cohort 6 accelerator programme.

These two companies are part of nine selected for over 2,500 applications from around the globe

Connected Analytics (Nigeria), parent body of ThankU Cash, helps businesses grow in Africa by utilizing customer data. They provide a rewards and loyalty platform for customers to save on deals and for businesses to understand customer spending patterns.

Okhi (Kenya, Nigeria) provides a digital addressing network where your phone is your address. Okhi links you to an accurate GPS point and photo of your gate

​Betatron is a startup investment firm and accelerator program which invests up to US$500,000 into circa 15-20 startups per year. It runs a four-month acceleration program which focuses on helping each startup raise their next funding round and accelerating business growth. The program is based in Hong Kong but only requires physical attendance for a total of 3x two week periods.

Betatron was founded in 2016 by a group of the leading Venture Capital firms in Hong Kong, including Mindworks Ventures, Vectr Ventures, Cocoon Ignite Ventures, the Aria Group, IC Studio and Incu-Lab.

Betatron has invested up to US$500,000 in each startup as they go through a personalised and tailored intensive four-month period to help them scale their operations in Asia and raise their next round of funding.

“Cohort 6 represents our most competitive portfolio to date with an acceptance rate of only 0.36 per cent. The investments reflect our focus on companies in the B2B markets who have validated their business model and are ready to scale in Asia,” said Matthias Knobloch, Managing Partner of Betatron.

The other seven startups in Cohort 6 are listed below:

App4Legal – UAE
App4Legal is a complete practice management software for all legal practitioners. The solution digitizes their practice by streamlining case management, tasks, files and client information.

FreightBro – India
FreightBro is revolutionizing the trillion dollar international freight market. They do so by providing high-tech solutions to traditional freight forwarders and help digitize their businesses.

Phable Care – India
Healthcare in India lacks an integrated ecosystem leading to inefficient treatment outcomes. Phable Care improves this by bringing doctor’s experience, patient’s data, health devices and the predictive power of AI/ML onto one platform.

Qwikwire – Philippines
Qwikwire specializes in providing complex cross-border payment solutions for real estate brokers and property developers.

ShipsKart – India, Singapore
Shipskart streamlines the maritime procurement process. It speeds up the way marine goods are ordered, approved and received by providing a marketplace and a procurement system.

SINAY – France
Sinay Maritime captures proprietary maritime data such as port arrival times and environmental indicators. They are turning these data points into products and are providing an application platform for the maritime industry.

TakeTask – Poland
TakeTask is a mobile application used to assign, execute and verify tasks on a large scale in many locations, for any industry. It currently focuses on implementing digital standards of procedures for the blue collar workforces.