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Cheque Size$1M to $50M
Stages10
Industries15
Markets5
Stated Portfolio3
Operating Since2018 (8y)

About Hugamara

Hugamara is a long-term holding company dedicated to founding, acquiring, and creating purpose-driven businesses. With a portfolio of 18 ventures, it operates in sectors such as hospitality, green tech, renewable energy, microfinance, security, and logistics across Uganda, Kenya, the Democratic Republic of the Congo, the United Arab Emirates, and the United States. The company focuses on industries that impact daily life, aiming to create lasting value through innovation and sustainable practices. Founded in 2018, Hugamara is led by CEO Ron Kawamara, who co-founded Hello Food in 2014, Uganda's first major online food delivery platform, which later became Jumia Food. Under his leadership, Jumia Uganda expanded significantly, and he played a pivotal role in Jumia's listing on the New York Stock Exchange in 2019. In 2022, Ron transitioned to lead Hugamara, focusing on building and acquiring businesses across various sectors. Hugamara's investment strategy emphasizes exceptional, values-driven leadership and sustainable growth. The company seeks to empower communities and drive economic and social impact through its investments. Its portfolio includes companies like The Villa, The Patio, and The Maze, reflecting its commitment to diverse and impactful ventures. Hugamara operates with a vision to be a global leader in sustainable development and innovation, fostering a culture of collaboration, respect, and shared vision for a better future.

Geographical Focus

Other stated markets2

United StatesUnited Arab Emirates

Requirements

Focus on purpose-driven businesses with exceptional, values-driven leadership, Interest in sectors affecting daily life, including hospitality, green tech, renewable energy, microfinance, security, and logistics, Commitment to sustainable growth and innovation, Willingness to operate in Uganda, Kenya, Democratic Republic of the Congo, United Arab Emirates, and the United States

Stated Portfolio3

The Villa
The Patio
The Maze

As reported by the investor. We hold no profile for these companies, so they are printed as stated rather than linked.

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Profile

TypePrivate Investment Firm
CountryUganda
Founded2018
Minimum Cheque$1M
Maximum Cheque$50M