Two Egerton University Alumni and now Kenyan grown entrepreneurs Rodgers Muhadi(Instrumentation & Control Engineering student – @MuhadiRodgers – on twitter) and Samuel Masinde(Computer Science class of /07 student – @busolosam on twitter) co-founders of Card Planet have become the first Kenyan startup to be accepted into Silicon Valley’s 500 Startups! This year, they make the greatest news to hit the the Kenyan Tech Scene & Startup ecosystem.
Silicon Valley’s 500 startups is an accelerator program in Silicon Valley, USA that funds promising/top-notch startups from all over the world. Funding ranges through investments that range from $25K – $250K. They all also link founders/startups with investors, mentors & partners as well as provide working office space.
Card Planet is a Kenyan IT company located in Nairobi Kenya and was founded in 2011. Cardplanet is in the business of developing and marketing proprietary personal information solutions. The company leverages on smart cards and related technologies integrated to the internet and hence creating robust “chip-to-cloud” solutions for an array of environments. There main focus areas are Health, Identity, Payments and Loyalty.
Card planet was Accepted to 500 Startups’ Accelerator a month ago, (Pause for reaction, a big round of applaud as a Techprenuer this must be the most humbling experience for any founder around the world ,seeing the best of the best finally listening to Africa this goes to show the magnitude of opportunity Africa hold.) Cardplanet Solutions Limited has been there since 2011. In 2012 it was accepted into Nailab’s accelerator then briefly at 88mph and then recently at Savannah Fund where it got mentorship and funding to launch a number of products. Cardplanet Solutions first product was a school Smart Card for school fees, attendance among others running on its “chip-to-cloud” technology. The startup is also into Health, Identity, Payments and Loyalty.
Card Planet joins Ghana’s Dropifi to be the second African startup to join the 500 strong companies.
Mhandi in a facebook post said “Got a rare opportunity to present to the MBA class at Stanford University, the cradle of the #silliconvalley yesterday.
Accompanying them was Mbwana the founder of Savannah fund, a business accelerator in Nairobi and they both held a co-teaching class talking about the Entrepreneurial Opportunities in Africa. Savannah Fund is an investor into Card Planet.
Unfortunately you won’t hear or see our local universities doing this. As we continually ignore what is right in front of our eyes the west keep on taking our opportunities and we can’t complain because the world gives us all an equal opportunity not a fair opportunity. Congratulations & Rock On Cardplanet, Kenya is proud & especially Egerton students & its Alumni.
Culled from TechMoran.