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Growth Gateway

Supported South African electric vehicle and last-mile delivery player with investor materials

2025

About the company

  • Valternative is a first mover in South Africa providing electric vehicle (EV) leasing, fleet management, and battery as a service (BaaS) solutions for last-mile delivery and e-hailing
  • Signed partnerships with key market players across retail, meal delivery, groceries, and e-hailing
  • Proven traction with 350+ vehicles deployed, strong forecasted growth, and ambitious expansion plans

Their challenges

  • Lacked public data and market forecasts related to target markets, requiring  extensive market research and outlooks to strengthen investor confidence
  • Complex cap table and intellectual property licensing structure required clarification for investors
  • Need for finalised due diligence materials and a structured data room to support investor engagement

[Gateway’s] materials and guidance have been invaluable in helping us navigate the investment process

M I Jeewa​

CEO, Valternative

Strengthened investment case to enable future funding rounds

How we helped1

  • Refined the pitch deck using industry best practices to clearly articulate the equity story and investment ask
  • Developed market research materials to inform investor perspectives on the company’s target markets and operating niche
  • Evaluated the data room to ensure materials and setup met investor expectations

Impact generated

450

EVs delivered to South Africa starting Aug 2025

200+

Batteries recycled in 2026 to optimise sustainability

450+

Battery swapping stations to enable the fleet

~20K

Tonnes of CO2 saved by 2030

  • Projecting 4,000–5,000 additional EVs in South Africa by end of 2025
  • Anticipating creation of ~4,000 direct and ~13,000 indirect jobs by 2030 through localising manufacturing and supplier base

We really like how [Gateway] was able to lay out our shareholder structure in a clear way for investors

Shahil Maharaj

Chief Operations Officer, Valternative

  1. ​​Valternative was supported through Growth Gateway’s South Africa SMME Accelerator program ↩︎

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