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DJ Kumbula

InnoVent

DJ Kumbula DJ Kumbula
“I saw an opportunity to help companies save money and stay ahead of the curve by renting equipment.”
Country
South Africa
Industry
Financial Services
Employees
45
Year selected
2010
partner
Zakhe Khuzwayo
Website

Company Snapshot

Sometimes it’s hard to be the little guy; InnoVent makes it easier. Large companies turn over their equipment every few years in a way that micro-, small- and medium-size enterprises can’t afford to. InnoVent rents these discarded moveable assets (phones, desks, computers, medical equipment) to smaller businesses. By renting on a pay-for-use basis instead of buying, InnoVent’s clients can cut costs and more easily take advantage of rapidly improving technology. The leading rental company of their kind, their business model offers low interest rates and reaches an underserved market.

Endeavor and InnoVent

Through strategic introductions, Endeavor has helped InnoVent secure funding and expand their services to England. Next they’ll further grow their Qrent business and expedite their deal flow.

From the Entrepreneurship Blog

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Social Media Highlights from the 2014 Harvard and Stanford Leadership Programs

September 3rd, 2014 — by admin

Participating Endeavor Entrepreneurs at the 2014 Harvard and Stanford programs shared their experiences on Twitter during the week of classes, highlighting everything from networking sessions to lectu…

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South Africa’s Vinny Lingham Announces Acquisition of Gyft, His Third Venture, By First Data

August 1st, 2014 — by admin

Mobile gift card provider Gyft, founded by Endeavor Entrepreneur Vinny Lingham, recently announced its acquisition by First Data, a payment technology solutions provider. Based in San Francisco, Gyft …

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