Impact and Investment Results2025-26

$
9
B

Portfolio company revenue

$
1
.
5
B

Portfolio company profit

6
2
1
,
7
8
5
,
3
1
9

People reached with essential services

Total people Reached
Emerging Consumers Reached
Full glossary of definitions available here
1

Performance

leaps of LeapFrog Invest
2

Healthcare

New Deal Spotlight

Global Care Medical Center

LeapFrog backed GCMC to bring quality hospital care to Filipinos beyond Metro Manila via the group’s five hospitals, 300+ beds and more than 670 doctors across 60 specialties. In a country where nearly half the population cannot reach a primary healthcare facility within 30 minutes, GCMC is closing the gap in the communities that need it most.

Sector:

Healthcare

Region:

Philippines

Impact:

340,000 patient visits annually

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3

Financial Inclusion

New Deal Spotlight

Shubham Housing Development Finance

LeapFrog deepened its partnership with Shubham through a $96M round as the company scales its mission to bring formal housing finance to families locked out of traditional lending. Operating 200 branches across 12 states and with $825M in assets under management, Shubham enables first-time homeowners without conventional income documentation or credit history to own their own home.

Sector:

Mortgage Lending

Region:

India

Impact:

356,000 people reached

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4

Climate Solutions

New Deal Spotlight

ReNew Green

LeapFrog led a $95M equity investment in ReNew Green, one of India’s largest clean energy providers for commercial and industrial customers. ReNew Green delivers affordable renewable power to a diversified customer base including Microsoft, Amazon and Google.

Sector:

Renewable Energy

Region:

India

Impact Potential:

Up to ~85M tonnes of carbon avoided

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5

Jobs and MSMEs

Investment Team Jobs financed, enabled or protected throughproducts and services for MSMEsSupply chain jobsInduced jobs from spending of wages Investment TeamImpact TeamTalent AcceleratorCX Launchpad
New Deal Spotlight

Moniepoint

Moniepoint is Africa’s all-in-one financial platform, helping over 10 million businesses and individuals to access seamless payments, banking, credit and business management tools each month. LeapFrog backed the company to fuel its growth in a $200M Series C, alongside Development Partners International, Visa and Google’s Africa Investment Fund.

Sector:

Credit

Region:

Sub Saharan Africa

Impact:

4.3M+ MSMEs reached

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6

Value Creation and Exits

LeapFrog brings an operator's mindset to every investment - working inside companies and tapping specialty teams to deliver outstanding results. In 2025, this included notable exits of Goodlife Pharmacy and Fincare (now AU Bank). Distinctive programs include:

Talent Accelerator

Private equity's first leadership initiative focused on bridging the talent gap for growth markets. At Goodlife, this included the recruitment of C-suite leaders and mid-level management.

CX Launchpad

Embedding customer experience as a driver of commercial performance. Work with Goodlife included repositioning the business and redesigning the company's loyalty program.

Exit Spotlight

Goodlife Pharmacy full exit to Toyota's CFAO Healthcare

LeapFrog grew a small chain of pharmacies into East Africa's largest private pharmacy chain. The 2025 exit to Toyota Tsusho's CFAO is the largest retail pharmacy exit in Sub-Saharan Africa (ex-South Africa).

Test
7

Gender-Smart Investing

Company spotlight

HDBank

HDBank serves women-led MSMEs in Vietnam --a segment that faces persistent barriers to credit through lack of collateral and higher perceived risk. The bank offers preferential interest rates and loan terms of up to five years, disbursing more than $1 billion to women-owned businesses to date, with 46% of retail customers being women.

Sector:

MSME Credit

Region:

Vietnam

Impact:

13M+ total customers

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8

Impact Measurement

9

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