Ameya

Ameya invests in disruptive organizations creating economic opportunity for people in emerging markets with a focus on Africa. A venture partner, Ameya is based in London.

Previously, Ameya worked out of Omidyar Network’s Mumbai office, where he co-led several of the firms’ early Financial Inclusion investments in India. Prior to joining Omidyar Network in 2012, Ameya was a consultant at Bain&Company, where he worked with telecommunications and IT providers in India, improving their operational efficiency and developing acquisition strategies. As part of Bain’s private equity practice, he advised clients on potential investments in the tech, media, and telecom sectors.

Ameya received a B.S. in engineering from the Delhi College of Engineering and an MBA from the Indian Institute of Management Ahmedabad.

In The News
Blog
news
[Bendada.com] Ameya Upadhyay interview: Tough times don't last—tough startups do
In 2023, funding into African startups amounted to $2 billion, representing a 43% decline compared to the $3.3 billion raised in 2022. In an era marked by unprecedented challenges, the landscape on which startups and...
Blog
blog
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 a switch – a system that works behind the scenes...
News
featured
[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,...
News
founder wellness
[Inc. Magazine] Founders Must Prioritise Mental Health
Entrepreneurial journeys are challenging. There are peaks of extreme happiness and moments of utter despair. Inc.Africa has been on its startup journey and frequently writes about emerging entrepreneurs, so I wanted to understand an investor’s...
News
founder wellness
[TechCrunch] Capital crunch shines light on the importance of founders’ mental health
Mental wellness goes hand-in-hand with innovation and success. For investors then, this needs to be a focus of investment, as risk exposure is also in the wellness of the founder.
News
opinion
[Techbuild.africa] Corner Stores – An Essential Sales Channel Across – Are Evolving With Digital Tools
In many African countries, corner shops are woven into the fabric of local communities. Their role in the economy is often underestimated.
News
opinion
[Fintech Africa] Fintech Has Taken Off In Africa – Here’s Why It’s Not A Bubble
Some of the most innovative models in fintech we’ve seen have come out of our Africa portfolio, such as the way Pula advanced embedded finance by bundling crop insurance with the seed bought by small...
Events
opinion
[Video] FTSFEST21'- Impact for Positive Change
Watch Ameya Upadhyay (Flourish Ventures) speak about "Impact for Positive Change" at FTSFEST21’
Events
embedded finance
[EVENT Recap] Fintech Founders in Bangladesh, Egypt & the US Share Customer-first Focus and Offerings
Today, embedded finance is one of the most influential, seemingly all-encompassing technology trends taking place around the world. It involves non-bank companies and fintech start ups offering financial products and services to targeted customers.
Events
embedded finance
[Flourish Conversations] Embedded Finance Platforms
The first event in Flourish Ventures’ Embedded Finance series tackles the embedded finance platforms including gig worker, logistics, social media, and supply chain platforms that are relevant and immediately helpful to people in their daily...
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