Apposit

Addis Ababa, Ethiopia Founded: 2007 • Age: 19 yrs Acquired By Paga
Software development services are provided by Apposit in Ethiopia.
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About Apposit

Apposit is a company based in Addis Ababa (Ethiopia) founded in 2007 by Adam Abate, Simon Solomon, and Eric Chijioke was acquired by Paga in January 2020.. Apposit offers products and services including Slot88 Platform. Apposit operates in a competitive market with competitors including AKQA, Unicorn, Gigster, Hancom and Hedgehog lab, among others.

  • Headquarter Addis Ababa, Ethiopia
  • Founders Adam Abate, Simon Solomon, Eric Chijioke
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Paga

    (Jan 22, 2020)

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Products & Services of Apposit

Apposit offers a comprehensive portfolio of products and services, including Slot88 Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Service for accessing and playing online slot games

Funding Insights of Apposit

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Apposit

Apposit has secured backing from 1 investor. Prominent investors backing the company include Paga. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Investor Description Founded Year Domain Location
Agent-based payment solutions are delivered to consumers and businesses.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Apposit

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Apposit

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Apposit Comparisons

Employees
+
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Competitors of Apposit

Apposit operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AKQA, Unicorn, Gigster, Hancom and Hedgehog lab, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Integrated digital marketing campaigns are developed and executed across channels.
domain founded_year HQ Location
Software development services are provided by Unicorn in Prague.
domain founded_year HQ Location
Software development services are provided via an AI-powered platform.
domain founded_year HQ Location
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
domain founded_year HQ Location
Mobile application development and UX design services are provided.
domain founded_year HQ Location
Platform offering digital textbooks for students
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Apposit

Frequently Asked Questions about Apposit

When was Apposit founded?

Apposit was founded in 2007.

Where is Apposit located?

Apposit is headquartered in Addis Ababa, Ethiopia.

What does Apposit do?

Apposit was founded in 2007 and is located in Addis Ababa, Ethiopia. Software development services are offered by the company within the technology sector. Operations are centered on delivering custom software solutions to clients. The firm was established by co-founders Adam Abate, Simon Solomon, and Eric Chijioke. Focus is placed on regional technology needs, with activities conducted primarily in Ethiopia.

Who are the top competitors of Apposit?

Apposit's top competitors include RedShelf, Unicorn and Hedgehog lab.

What products or services does Apposit offer?

Apposit offers Slot88 Platform.

Who are Apposit's investors?

Apposit has 1 investor. Key investors include Paga.

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