Kenafric Group | Kenafric Ventures
◆ Fund Size
$10M
◆ Check Size
◆ Location
Kenya
◆ Portfolio
4 companies
◆ Activity
Statusactively investing
◆ Links
◆ Share this fund
◆ Investment Thesis
Kenafric is dedicated to empowering and elevating generations by driving growth and leadership in the consumer goods industry and complementary sectors. Their investment focus is on pioneering quality manufacturing and innovation to meet everyday consumer needs across East Africa, fostering impactful partnerships that create mutual success for consumers, partners, and communities.
◆ About Kenafric Group
A $10 million corporate venture fund launched by Kenyan consumer goods manufacturer Kenafric Group to invest in early-stage African consumer businesses. The fund deploys cheques between $100,000 and $2 million into companies in food and beverage, beauty and personal care, consumer-facing retail platforms and direct-to-consumer brands, offering portfolio access to manufacturing, distribution and market knowledge.
◆ Sectors
◆ Stages
◆ Geography Focus
◆ Team
| Name | Title | Role | Links |
|---|---|---|---|
| Bharat Shah | — | Founder Chairman | |
| Chehar Shah | — | COO & Executive Director | |
| Ketan Shah | — | Founder & Vice Chairman | |
| Mayur Shah | — | Founder & Senior Executive Director | |
| Mikul Shah | — | CEO & Executive Director | |
| Nilesh Shah | — | Founder & Senior Executive Director | |
| Sundararaman Pattabiraman (Sundar) | — | CFO |
◆ Notable Investments
◆ FAQ
What does Kenafric Ventures invest in?
Kenafric Ventures invests in Foodtech, Beauty Tech, E-commerce and Consumer Apps at the seed, series-a and series-b stages.
Which geographies does Kenafric Ventures focus on?
Kenafric Ventures focuses on Kenya, East Africa and Africa, and is headquartered in Kenya.
What is Kenafric Ventures's typical check size?
Kenafric Ventures typically writes checks of $0.1M to $2M.