Venture capital firm SOSV has launched a new program, Orbit Startups, and chosen an inaugural cohort of 10 startups.
Orbit Startups managing director William Bao Bean / Photo credit: SOSV
The startups, which come from India, Pakistan, Nigeria, and Singapore, each received about US$180,000 in initial funding. The program will also aid their growth across emerging markets.
“Orbit selects tech players that can impact millions of lives at once – startups that are solving monumental problems in healthcare, education, finance, media and logistics; and startups that are future-proofing the local economy through digitalization,” said Orbit Startups managing director William Bao Bean.
The 10 startups in the cohort are:
Asobu App: An India-based GameFi startup that offers access to on-chain games.
GetFundedAfrica: A Nigeria-based platform that uses media to help African startups seek funding.
iWebTechno: An India-based startup that offers campus digitization solutions.
KalPay: A Pakistan-based startup offering a Shariah-aligned buy now, pay later service.
Kredi Bank: A Nigeria-based full-service digital bank.
Linkstar: A Pakistan-based web space solutions provider.
Money Club: An India-based platform catering to P2P chit fund-based savings.
Morfyus League: A Singapore-based startup exploring the GameFi and play-to-earn space.
Nearpeer: A Pakistan-based platform that eases access to affordable education in West Asia.
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