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
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Sectors
Technology
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Email
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Phone
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Website
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Social
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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.
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 |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Agent-based payment solutions are delivered to consumers and businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Apposit
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Apposit
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Apposit Comparisons
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 |
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| domain | founded_year | HQ Location |
Integrated digital marketing campaigns are developed and executed across channels.
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Software development services are provided by Unicorn in Prague.
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| domain | founded_year | HQ Location |
Software development services are provided via an AI-powered platform.
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| domain | founded_year | HQ Location |
Technology conglomerate spanning AI, blockchain, IoT, and mobility solutions.
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| domain | founded_year | HQ Location |
Mobile application development and UX design services are provided.
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| domain | founded_year | HQ Location |
Platform offering digital textbooks for students
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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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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