Hindsight Ventures is the Africa focussed subsidiary of Startup Réseau, an India headquartered global startup accelerator.

Bullish about the prospects that the African tech startup ecosystem presents, Hindsight Ventures is an accelerator dedicated to early stage tech startups. Our thesis is based on the experience gained by our founders having cut their teeth in India’s burgeoning startup ecosystem from 2013 - 2020.

Early stage startups come with risk, and we aim to overcome that by having a program structure that has elements that allow us to work closely with exceptional founders, building scalable solutions for addressable problems - and making them investable ventures.

At Hindsight Ventures, we will be charting the familiar terrain and themes, with a vision to convert our hindsight into insights, and enable our portfolio startups with foresight.

A vibrant and booming market

  • 1.3 Billion people on the continent
  • 500 million smartphone users in 2020
  • 32% of the population is between 10 and 24 years of age
  • Estimated $ 300 Bn - Internet economy contribution to GDP Africa from year 2013-2025
  • One of the specific objectives of the World Bank, for Africa’s Digital Transformation Strategy is to enable an additional 300 million people in Africa to come online by 2025.

Mega Cities

The number of people living in urban areas in Africa will double to more than 1 billion by 2042, according to the World Bank. Africa is expected to have 14 mega-cities with a projected population of 10 million people and above by 2040, which will make it an attractive consumer base for tech entrepreneurs. Companies already established in the area will have a huge advantage of being the first movers.

Connected Cities

Africa has several land-locked cities that are dependent on ports built on coastal cities. Startups located in coastal hubs, should look at adjoining population and build for the region, over a period of time.

An international gateway, with worldwide connections to the Middle and the Far East, Europe, Australia, and America.


Demand for communication services has risen at a rate of 50% per year with consumers demanding services such as fixed-line telecom, broadcast, and data. Teenagers are the most valuable customers in tech since they usually haven’t developed brand preferences and are early adopters.


Most top cities boast of a fast-growing innovation ecosystem that is diverse, with Data Labs, Arts Spaces, Living Labs, Community Spaces, Makerspaces, Creative Spaces, Incubators, Accelerators, and Technology Hubs. Add to that a variety of stakeholders that offer non-financial business support, mentoring, and co-working spaces.


Pre Accelerator/ Accelerator Programs

We operate cohort based pre-accelerator and accelerator programs for idea to growth stage startups.

Corporation Innovation Programs

We work with enterprise partners in setting-up Industry-backed Accelerator Programs and other Co-Innovation programs that enable “Enterprise of the Future”. Our goal is to match real business challenges in industry with global startups and multi-disciplinary teams to plan, research and deliver a plan or a prototype that solves business challenges.

Early Stage Investments

Leveraging our program’s deal flow, we aim to invest in 12 - 15 early to growth stage web and mobile startups per year, with seed and early stage financing ranging from $15k up to $50k, with opportunities to match investment from other sources.


Mentorship & Validation

Engaging with mentors and advisors who are entrepreneurs, industry executives, subject matter experts and investors.

Technology Support

Upto $150,000 in credits from our partners such as FreshWorks, IBM, Microsoft, AWS, HubSpot.

Industry Connects

That will help startups arrive at a product market fit, or land pilot opportunities that will help them accelerate their growth.

Investor Access

For pitching their startups when they are funding ready!

Market Development

Through our global network of programs and partners, we can help your startups to go global through structured market access initiatives.

Early Stage Investments

Startups going through our accelerator programs, are a funnel for us to conduct working due-diligence and selectively invest into startups that are showing traction.


Our Operating Process

Our Clients

Our Partners

Our Business Advisory Board

Munya Chiura
Rest of Africa, Growth
Martin Karanja
GSMA Innovation Fund & Ecosystem Accelerator

Our Team

Ajay Ramasubramaniam
Co-Founder & CEO
Jagruti Bista
Co-Founder & Managing Partner
Paul Mandele
Country Leader - Tanzania
Vansh Bhatia
Programs Manager
Sonia Claire
Market Associate - Kenya
Emmanuel Akandwanaho
Market Associate - Uganda
Richard Eze
Market Associate - Nigeria