Swiss U-Start selects top partners in South Africa
Swiss-based investment advisory firm U-Start has selected four top partners in South Africa as part of its global business development plans.
Following a conference aimed at scouting the most innovative ventures in the country, U-Start has announced that the selected ones for future partnerships are:
• Wi Group – A mobile transactions solution provider
• Over – A photography and image editing app for smartphones
• CapeRay Medical – A University of Cape Town Business for improving the simplicity of breast cancer diagnosis
• MellowCabs – A manufacturer and operator of electric mini-cabs
“Despite being identified as the world’s poorest inhabited continent, Africa’s economy is projected to grow by 4.8% in 2013 and accelerate further to 5.3% in 2014. The growth of a promising start-up generation is integral to this progress,” U-Start said.
As the Swiss firm also highlighted, South African start-ups are fundamental to the growth of the South African budget.
U-Start announced its intentions to launch globally earlier in February.
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