Nigeria’s Connected Analytics (ThankU cash) has been selected in Betatron’s cohort 6 accelerator programme. It is one of nine startups selected from over 2,500 applications from around the world.
Being selected, Connected Analytics will receive up to $500,000 investment from Betatron, the Hong Kong-headquartered startup accelerator-cum-VC firm and a personalised and tailored intensive four-month period to help them scale their operations in Asia and raise their next round of funding.
Founded in 2018, Connected Analytics helps businesses and banks integrate data analytics and rewards in order to retain customers and increase revenue. Founders include Madonna Ononobi, Simeon Ononobi, Suraj Supekar and Harshal Gandole.
Related story: Google’s Craig Fenton joins Connected Analytics as Investor and Advisor
Betatron is a startup investment firm and accelerator program 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.
“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.
“We are proud of our journey so far and acceptance into the Betatron Cohort 6 Accelerator Program further shows that we are on the right path as a company. Our mission of helping businesses prosper by connecting them with customers is clearly a shared one regardless of geography and this has reflected in the traction we have received from investors and partners who are eager to be a part of our story and this continues to fuel our commitment to our goals,” said Simeon Ononobi, CEO of Connected Analytics.
Earlier in the year, Connected Analytics was the only African company selected in 500 Startups’ 26th batch of startups.
The other eight startups in Cohort 6 are listed below:
OkHi – Kenya, Nigeria
Millions of people around the world lack a standardized address for their home or business. OKHi solves this with a next-generation, mobile-based address system. Using OKHi, banks can verify addresses and deliveries can find their way to customers faster.
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.
