Hugamara
Overview
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.
Investment Focus
- 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
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Hugamara
What sectors does Hugamara invest in?
Hugamara invests in Financial Services, Technology, Healthcare, Infrastructure, Education and Renewable Energy, and is based in Mirembe Business Center Kampala, Uganda. Hugamara is listed as a private investment firm in the ConnectSafely investor database.
What stage does Hugamara invest at?
Hugamara backs companies at Seed, Early Stage, Series A, Series B, Growth and Late Stage, writing cheques of 1M - 50M.
Which regions does Hugamara invest in?
Hugamara invests across United States, United Arab Emirates, Kenya, Uganda and Democratic Republic of the Congo.
Who are the partners at Hugamara?
Team members listed for Hugamara include Vincent Ssemyalo (Head of Finance).
What companies has Hugamara invested in?
Hugamara's portfolio includes The Villa, The Patio and The Maze.
How do I contact Hugamara?
Hugamara's contact details — including phone and LinkedIn — are listed in the ConnectSafely investor database, along with its website and the LinkedIn profiles of its partners.
Last updated · Source: ConnectSafely investor database
