Taxonomy

Ameya Upadhyay

Portfolio

Frontier

Solving a Core Infrastructure Gap in MENA: Why We Invested in Fuse

We believe financial innovation is key to driving climate action. Vidyut provides the breakthrough to make EV ownership more affordable while reducing risk for both…

Portfolio

Infrastructure

State of African Founder Wellbeing Survey 2024

[kmdg_builder_block id='52510'] While founder motivation is high, the journey is often stressful and intense. Resilience and wellbeing are becoming essential strategies for founders and investors to ensure sustainable growth and better business outcomes. Flourish conducted the first large-scale survey on founder wellbeing in Africa. In this report, we highlight: 01 ...

Ameya Upadhyay Q&A with The Cable: Investment Projections, Startup Founder Wellbeing and Financial Sustainability

Keen on creating a better financial system in Africa, Flourish Venture Partner Ameya Upadhyay spoke with TheCable’s Desmond Okon on emerging trends within the African…

Flourish Focus: Zone on How Blockchain Can Redefine the Payment Infrastructure in Africa

“Dispense error.” If you’re withdrawing money from an ATM in Nigeria, there is a 1 in 10 chance that you get this message. What’s more, when attempting to pay via a POS machine, the odds of transaction failure rise to 1 in 6. What gives? Enter Nigeria-based fintech startup Zone,...

Portfolio

Frontier Technology

Ameya Upadhyay Interview in Condia: Tough Times Don't Last—Tough Startups Do

by Andrew Christian of Condia, a leading tech publication in sub-Saharan Africa In an era marked by unprecedented challenges, the landscape on which startups and…

Why We Invested in Zone: Redefining How Payment Infrastructure Works in Africa

If trying to pay via a POS machine, the odds of transaction failure are roughly 1 in 6. At the heart of these transactions is…

TechCabal Profile: Blockchain Payments Startup Zone Raises $8.5m in First Funding

Article by TechCabal Zone, a Nigerian blockchain startup that helps banks and fintechs process payments, has raised $8.5 million, its first VC funding since it became a standalone business in 2022. Until 2022, Zone was part of its parent company Appzone. Flourish Ventures and TLcom Capital, a pan-African venture capital...

[Disrupt Africa] Why has African tech startup funding declined so badly, and what happens now?

After bucking global trends in a record-breaking 2022, African tech saw a reset of sorts in 2023, as the global capital shortage began to bite. The number of funded ventures, and the total funding raised, declined for the first time since 2016, though not as dramatically as many had feared....

Portfolio

Embedded Finance