Endeavor Selects Ten Entrepreneurs from Six Markets at the Eleventh Virtual International Selection Panel

Endeavor selected ten entrepreneurs leading six companies at the Eleventh virtual International Selection Panel (vISP) held January 25-27, 2021. Endeavor now supports 2,131 entrepreneurs leading 1,332 companies in 37 markets around the world (read more about the newly selected entrepreneurs below).

The virtual ISP was presented by General Atlantic, with additional support from AXA, Bain, Cooley, EY, HSBC, Silicon Valley Bank, and Zoom.

The ISP is the culmination of a rigorous multi-step selection process to identify high-impact entrepreneurs who demonstrate the potential to leverage Endeavor’s resources and mentorship to create large-scale wealth and jobs, and are committed to reinvesting their time and money in their local entrepreneurship ecosystems to help others take off.

During the vISP panelists utilized Zoom breakout rooms to interview a small group of high-caliber entrepreneur candidates leading four companies about their businesses. In “deliberation rooms” — private Zoom meetings with only Endeavor staff and panelists — panelists evaluated the entrepreneurs on their potential for high-impact growth, discussed which candidates should be selected to become Endeavor Entrepreneurs, then voted unanimously to select the newest Endeavor Entrepreneurs.

Panelists at the ISP included: Alex Jaimes, Chief Scientist & SVP of AI, Dataminr; Arvind Rajan, Co-founder & Executive Chairman, Cricket Health; Gervase Warner, President & Group CEO, Massy Group; Jason Green, Partner, Emergence Capital Partners (Endeavor Global Board Member); Javier Villamizar, Operating Partner, Softbank Investment Advisers; Joanna Rees, Managing Partner, West (Endeavor Global Ambassador); John McIntire, Director, Open Education Holdings; Kent Thiry, Executive Chairman & Former Chief Executive Officer, DaVita (Endeavor Colorado Board Member); Leandro Sigman, Chairman, Grupo Chemo (Endeavor Spain Board Chairman); Nick Beim, Partner, Venrock (Endeavor Global Board Member); Paulo Veras, Co-founder & Former CEO, 99 (Former Endeavor Brazil Managing Director, Former Endeavor Brazil Board Member); and Ruby Gadelrab Tudor, Founder & CEO, MDisrupt.

As part of Endeavor’s network, the newly selected entrepreneurs will gain access to comprehensive, strategic, global support services, including introductions to local and international business mentors, investors, and volunteers from Fortune 500 consulting firms who will help them address key needs.

Endeavor Entrepreneurs have had a significant track record of impact. Endeavor Entrepreneurs have created 4.1 million jobs, generated $26.8 billion in revenues in 2019, and help build sustainable growth models in their home countries.

Learn more about the companies selected below:

CHILE

Entrepreneurs: Jose Ignacio Parada & Juan Eduardo Joannon
Company: Bioelements
Description: Without intervention, there may well be more plastic in our oceans than fish by 2050. Bioelements is a Chilean company that manufactures and sells biodegradable packaging products. The products are manufactured using a proprietary resin, BioE-8, which reduces the degradation of packaging materials from 400 years (plastic) to 6-20 months. Bioelements currently sells its products (primarily flexible plastic alternatives like bags and wraps) mainly to retail and F&B companies including MercadoLibre, Coppel, and Linio in Chile, Mexico, and Peru, but sees a massive opportunity to change the future of the >$500B global plastics market.

COLORADO

Entrepreneurs: Dan Holt & Kelly Seidl
Company: BillGo
Description: BillGO is a Fort Collins, CO-based fintech that is transforming the dreaded necessity of managing and paying bills with its real-time bill management and payments platform. BillGO’s technology, currently deployed to over 8K banks and more than 32M consumers, offers speed, choice, and intelligence with simple integration to change the way people make and receive bill payments.

EGYPT

Entrepreneurs: Belal El Megharbel & Mohamed Ben Halim
Company: MaxAB
Description: MaxAB is a B2B e-commerce platform that connects small retailers directly to FMCG companies and manages the entire logistics and supply chain processes involved. MaxAB facilitates the interaction between brands and retailers especially in underserved areas by offering a digital marketplace (digital wholesale food and grocery B2B ordering apps) and a state-of-the-art supply chain and logistics solution. Through MaxAB, retailers have access to a wider product variety, brand promotions, and credit facilities. Today, MaxAB operates 10 warehouses across greater Cairo and launched its first warehouse outside greater Cairo. The company manages a fleet that carries 130 brands and takes around 2K different SKUs and serves around 13K active merchants monthly.

INDONESIA

Entrepreneur: Aaron Tan
Company: Carro
Description: Carro is Southeast Asia’s largest automotive marketplace for pre-owned cars that offers a full-stack service for all aspects of car ownership. Through offering a trustworthy and transparent experience, Carro is challenging the traditional way of buying and selling cars through a proprietary pricing algorithm. Having raised over $100M to date from several world-class institutional investors, the company has experienced exponential year-on-year growth. With an in-house financing solution through its sister company Genie Financial Services and a suite of after-sales services, Carro is leveraging innovation and technology to provide consumers with the most seamless car buying experience.

KENYA

Entrepreneur: Nikhil Pereira-Kamath
Company: Africa HealthCare Network (AHN)
Description: Africa Healthcare Network (“AHN”) has established the first and most expansive dialysis chain across East Africa, partnering with hospitals to provide high-quality life-saving dialysis at an affordable cost. AHN acts as a fully outsourced provider of renal services within hospital premises including Government, Private and Faith-Based Hospitals. Established in 2015, it currently performs over 3,000 hemodialysis sessions and over 10 outpatient vascular surgeries per month in its 15 centers. Embarking on an ambitious expansion plan across East Africa with the goal of becoming the dominant provider of renal care, the company plans to expand beyond Rwanda, Kenya, and Tanzania, to reach 103 dialysis centers by the end 2024.

TURKEY

Entrepreneurs: Ecem Baran & Emre Tas
Company: Alictus
Description: Alictus is an Ankara-based developer and publisher of mobile games that has focused on the hyper-casual genre since 2019. In just 2 years, Alictus has become one of the top players in hyper-casual mobile gaming globally. With a portfolio including Collect Cubes, Money Buster, and Oh God!, Alictus reaches millions of daily users and aims to deliver on the growing reputation of Turkish gaming companies worldwide. The company takes a data-driven approach to developing and monetizing highly-marketable games within the $77B mobile gaming market.