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Last Saturday, four startups pitched in front of venture capitalists, angel investors and the media at iDEA’s very first Demo Day held at its Yaba-based Lagos centre.
The four startups — Afrobus, Hutbay, Nerve and Verge — had gone through iDEA’s 4-month accelerator programme consisting of 3 modules (Design, Build, Pitch), designed to help startups launch and grow market share.
Meet the startups:
Afrobus
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This startup enables travellers book bus tickets from bus operators through their website or call centre. An interesting side to Afrobus is its white-label Enterprise Resource Planning (ERP) system for inter-city transport operators in Nigeria.
Hutbay
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Their proposition is hassle-free property search with information to help make informed decisions.
Nerve
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Nerve developed “a unified digital content distribution system for Africa” called Nerveflo. Nerveflo is similar to iTunes or Amazon Digital, however it’s an API driven platform on which is built a cross platform market place for digital content with a focus on academic, religious and literary content from Africa.
Verge
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Verge’s middleware, an analytical layer pulls and syncs data from leading POS solutions in the market to their cloud platform; which provides the business owners and others in-depth overview of the entire business enabling the business owner to monitor and keep track of critical business components.
iDEA is a mentor-led accelerator programme admitting two cohorts per-year with centres in Lagos and Calabar. The hub is currently accepting applications for the next cohort of startups into its accelerator program.
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