Issue link: http://endeavor.uberflip.com/i/740826
N E T WO R K p HUNGERSTATION, founded by Endeavor Entrepreneur Ebrahim Aljassim, was acquired by Foodpanda. HungerStation is considered the largest restaurants network in Saudi Arabia & Bahrain and one of the first food online ordering portals in the region. FOUNDER OF LOMAR , Loai Naseem, was named the winner of Sooq Okaz Award for Entrepreneurs and won a supporting grant. The award identifies and supports inspiring entrepreneurs leading sustainable busi- nesses that offer innovative products and services. Lomar seeks to revolu- tionize the way men wear traditional Saudi clothing by focusing on comfort, utility, and modern designs. ENDEAVOR SAUDI AR ABIA has launched a new series of events called "Majlis," which frequently bring together local network members and prominent guest speakers to share their knowledge and experience. The 3rd Endeavor Majlis sparked enthusiasm among the network and was attended by the United States Consul General in Dhahran, Mike Hankey, a number of Endeavor Saudi board mem- bers, leading entrepreneurs and top network members. UTURN ENTERTAINMENT, founded by Soraqa and Kaswara Al-Khatib, received a $10 million investment from Leap Ventures, a Beirut-based fund co-founded by Endeavor Entrepreneur Herve Cuviliez. Endeavor Catalyst participated in the round. UTURN's success is evident in its growth from the first production house to create professional online content in Saudi Arabia to becoming a major regional media player. EXCELER ATOR FOUNDERS were hosted at a grad- uation ceremony by Endeavor South Africa at the Johannesburg Stock Exchange (JSE). These founders are early-stage, black-owned businesses that have grown substan- tially, and in some cases doubled their number of employees over the two year period of the Endeavor Excelerator program. Endeavor South Africa supports eight Excelerator entrepreneurs. ENTERSEKT, co-founded by Dewald and Schalk Nolte, has landed several new card issuer and bank clients in Europe and the United States. Entersekt's software converts most mobile devices into a second-layer authentication tool, creating a powerful weapon in the fight against digital fraud. p WIGROUP, founded by Bevan Ducasse (above), is a mobile transaction solutions provider with two core offerings: "wiCode," a point-of-sale integrated mobile transaction platform, and "wiBlox," a suite of services which link mobile applications to mobile loyalty, rewards, vouchers, coupons and analytics functionality. Investment Asset Management UK bought a significant stake in wiGroup, which has recently expanded into Africa through a partnership with Interswitch, Nigeria's leading switch and payment processing company. LUVUYO R ANI, founder and Managing Director of Silulo Ulutho Technologies, has been awarded the Schwab Foundation Social Entrepreneur of the Year Award for 2016. The Cape Town-based company oper- ates IT stores and training centres in townships and rural areas throughout South Africa, providing job opportunities for unemployed youth. in wiGroup, which has recently expanded into Africa through a partnership with Interswitch, Nigeria's leading switch and payment founder and Managing Director of Silulo Ulutho Technologies, has been awarded the Schwab Foundation Social Entrepreneur of the Year 4 5 SOUTH AFRICA Endeavor South Africa supports 31 entrepreneurs leading 21 companies. SAUDI ARABIA Endeavor Saudi Arabia supports 12 entrepreneurs leading 9 companies. ENDEAVOR MAIN OFFICE RIYADH (2012) ENDEAVOR MAIN OFFICE JOHANNESBURG (2004) CAPE TOWN (2011)