A buzz fills a packed Strathmore lecture theatre in Nairobi, Kenya tonight where 100 inspired Kenyans pitch ideas, question business models and form teams; 48 hours later 17 such ideas are prototypes and products ready for market and one of those ideas will get Ksh. 1,000,000 ($12,500) This is the beginning of IPO48. Organised in Kenya by HumanIPO, Garage48 and partners. We had previously covered the launch here.
The shortlisted startups include:

  • M-Farm – Marketplace for Farmers
  • My $hillings – Daily bargain deals in Nairobi (Facebook)
  • Pamoja Shops – Marketplace for Handicraft Products
  • Sakanya – Service for finding lost ID documents
  • iSafiri – Destination Marketing, Inventory Management and Reservation System
  • MySafari – Tourism Information and Search Portal
  • Stoundi.com – Just Ask search for Kenya
  • TaxiMatch – Virtual Taxi Ordering Service
  • Pata-Cab – Find a closest Cab (GPS based)
  • HizoNotes Mobile – Mobile access for sharing your school notes (Web)
  • SportRoar – Twitter for Sports Events
  • MapMa3 – Maping Matatu Routes
  • XeptusVirtual market place with integrated business intelligence
  • Jumla – Platform for people to find premier African content
  • Developing Africa – HumanIPO for NGOs
  • Xtreem Ad – Self-generated Classifieds for Individuals
  • Tube Website Creator – Enabling premium content providers charge for their content
  • Clinical Data Management – Medical Journal Software for Hospitals

Here’s the exclusive first video with the first of them.

Follow Afrinnovator on Twitter for the live tweets of the event & the winners.

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5 comments

  1. karim kanji Reply November 2, 2010 at 2:30 pm

    I think it might be interesting to follow My $hillings. The whole group buying craze has resulted in no less than a dozen group buying start-ups based here in Toronto.

    I would be interested to see if My $hillings will learn from “our mistakes” yet create a truly East African model for the whole group buying industry.

    Karim

  2. Pingback: Video Pitch of IPO48 Winner M-Farm | Afrinnovator

  3. Mark Reply November 2, 2010 at 8:22 pm

    I agree, Karim.

    Would be great to see that exchange of knowledge happen in this local market as well. They were one of the runners up and will be highlighted in a series of posts from us in the coming weeks. The startups need all the advice they can get, and that’s an indicator that the first to execute the concept well definitely has an advantage, though there’s a relatively low barrier to entry.

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