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Home Business StartUPs

Walure Capital Connects SMEs to IPOS Solution, Empowers 200 SMEs with ₦20m

ADEDAYO ADEKUGBE reports

by Techeconomy
October 31, 2023
in StartUPs
0
Walure Capital anniversary
Samuel Adeleye, Managing Director, Walure Capital, (third left); Obafemi Okubanjo, General Manager, Walure Capital,  (third right) with some team members at the Walure Tech Connect '23 organised by the company in Lagos recently, to mark the fourth year anniversary of Walure Capital

Samuel Adeleye, Managing Director, Walure Capital, (third left); Obafemi Okubanjo, General Manager, Walure Capital,  (third right) with some team members at the Walure Tech Connect '23 organised by the company in Lagos recently, to mark the fourth year anniversary of Walure Capital

UBA
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Walure Capital, a technology resource company with business interests in tech training, software development, tech hub, talents outsourcing, and media resource celebrated its fourth-year anniversary recently.

The celebration kicked off with “Walure Tech Connect ’23”; a two-day event that explored and proffered sustainable strategies for SMEs owners to scale their businesses.

The event was a convergence of retail, small and medium business owners, SMEs accelerator experts, human resources professionals, tech experts as well as tech innovators.

The Managing Director, Mr. Samuel Adeleye, who spoke on the importance of leveraging technology for business growth, advised SMEs owners to adopt sustainable strategies and leverage technology for operational efficiency in order to scale their businesses.

Mr Adeleye pointed out that technology-driven product like IPOS offers retail and SMEs businesses a lot of benefits, especially in terms of operational efficiency and scalable opportunities to grow their businesses.

Walure Capital anniversary
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L-r: Deborah Ojengbede, Chief Executive Officer, AFEN Blockchain Group; National President, Association of Senior Staff of Banks, Insurance and Financial Institutions (ASSBIFI); Solomon Ayodele, Head, Product & Tech Innovation, ALAT, Wema Bank, and Omotunde Adetula, Head, Engineering, Wakanow, at the Walure Tech Connect ’23 held in Lagos, recently

IPOS, a solution by Smartware is a book-keeping and inventory management solution developed for retail, small and medium enterprises to enhance operational efficiency by addressing book-keeping and inventory management challenges often faced by retail and SMEs.

He explained that with IPOS, retail and SMEs can take stock level, automatically apply tax to taxable goods, track products, product history, top performing products, customer’s purchase history, generate invoices, and store all information for future purpose, using a cloud-based technology, noting that SMEs owners can use the data stored by IPOS to secure grants and loans from financial institutions to scale their businesses.

Also, Mr. Obafemi Okubanjo, General Manager, Walure Capital announced plans by the company to support 200 SMEs with ₦100,000 each. He emphasised that the plan is in line with the company’s efforts to genuinely ensure survival of retail and small business owners in Nigeria.

“We operate in the tech industry and we want to contribute our quota to the development of Nigeria as a whole. As a way of giving back to the society, we have decided to support two hundred businesses that consistently use IPOS for six months with the sum of ₦100,000. IPOS is completely free with no charges or subscription fees. Also, businesses that consistently use IPOS for six months will have their businesses displayed for free on our LED billboard”.

According to him, the company’s passion to ensure the success of SMEs owners and tech talents in Nigeria further reflects in Walure Academy; an arm of Walure Capital that trains and nurtures tech talents for local and global exposure.

“We don’t only train. Tech training is a journey. Walure Capital supports tech talents throughout the journey; from training, through internship, hands-on experience, collaboration, tech accelerator programmes, and down to facilitating employments for the talents through the Walure Talent outsourcing service that provides talents-as-a-service solutions to organisations within and outside Nigeria”, he said.

Speaking further on how the company is giving back to the society to support both businesses and young tech talents, Mr Okubanjo also disclosed that Walure Capital recently donated a Tech Lab to Community Primary School, Magodo in Lagos as one of several corporate social responsibility initiatives executed by the company.

“As an organisation, Walure Capital will continue to explore impactful ways the company can support businesses, talents and the society as a whole”, he reiterated.

Meanwhile, Walure Capital also announced plans to hold a fitness initiative on November 18, 2023, codenamed “Walure Fit”.

The initiative highlights the importance of health, wellness, fitness, and lifestyle in the tech ecosystem.

It is an opportunity for tech experts, tech bro, tech sis and other professionals in the corporate world to interact with fitness experts, have fun, burn some calories, and network for business opportunities and collaborations.

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