Old Mutual backs local startups
The future of work, healthcare, and education in South Africa is being shaped by a new breed of innovative startups. But the visionary entrepreneurs behind such projects often can’t do it alone. They need the support, resources, and strategic partnerships only deep-pocketed corporate backers can provide.
Given how the startup space in South Africa has blossomed, Old Mutual has launched its own tech venture fund to support this dynamic sector, says Vuyo Mpako, who is Managing Director of Next 176 at Old Mutual.
Two successful examples of this are Ken Health and JOBJACK which are using technology to make quality healthcare more accessible and revolutionise the job search and hiring process respectively, he tells Stuff editor-in-chief Toby Shapshak.
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