LeapFrog Investments is a private equity firm that invests in high-growth financial services, healthcare, and climate solutions companies in emerging markets across Africa and Asia. Its latest fund, Emerging Consumer Fund IV, closed with $1.02 billion in commitments, making it the largest in the firm's history.
Deal activity decreased year-over-year (2 deals in the last 12 months vs 4 prior). Average disclosed round size is $87.1M (across 46 rounds with reported amounts).
Portfolio
37
Fund Size
$1.0B
Top Stage
Unknown
Last 12 Mo
4
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
47 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| RReNew Green | Unknown | $95M | Mar 2026 |
| SShubham Housing Finance | Unknown | $96M | Jan 2026 |
| SShubham Housing Development Finance | Unknown | $96M | Jan 2026 |
| MMoniepoint Inc | Series C | $200M | Oct 2025 |
 Moniepoint | Series C | $200M | Oct 2024 |
 Zepz | Growth | $267M | Oct 2024 |
| AAuxilo | Unknown | $30M | Jul 2024 |
 Auxilo Finserve | Unknown | $30M | Jul 2024 |
| AAuxilo | Unknown | $30M | Jan 2024 |
| RRedcliffe | Growth | $61M | Jan 2024 |
| Auxilo Finserve | Unknown | $30M | Jan 2024 |
| HHealthify | Unknown | $45M | Jan 2023 |
 Sun King | Series D | $330M | Dec 2022 |
 Interswitch | Growth | $110M | May 2022 |
 NeoGrowth | Unknown | $36.2M | Jan 2022 |
 Redcliffe Lifetech | Growth | $61M | Jan 2022 |
 Cardekho | Series E | $250M | Oct 2021 |
 HealthifyMe | Series C | $75M | Jul 2021 |
 Zepz | Series E | $292M | Jan 2021 |
 Zepz | Series E | $292M | Jan 2021 |
 BIMA | Growth | $30M | Sep 2020 |
 PasarPolis | Series B | $54M | Sep 2020 |
 MedGenome | Unknown | $55M | Apr 2020 |
| MMEDGENOME INC. | Unknown | $55M | Jan 2020 |
| PPT PASARPOLIS INDONESIA | Series B | $54M | Jan 2020 |
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Top Co-Investors
HealthQuad6 shared
British International Investment5 shared
India Quotient5 shared
Startup Capital Ventures5 shared
Seraph Group5 shared
Chiratae Ventures4 shared
Proparco4 shared
FMO4 shared
TCV4 shared
Accel4 shared
Andreessen Horowitz4 shared
Khosla Ventures3 shared
Visa Ventures3 shared
Google's Africa Investment Fund3 shared
Lightrock3 shared
Schroders Capital3 shared
Elm2 shared
Unilever Ventures2 shared
Inventus Capital Partners2 shared
Last updated: 8 September 2026