Incubayt › Portfolio › Mayple
MA

Mayple

Exited
Retail marketplace · SPA (Preferred Shares) · UAE · direct investment · first invested Apr 2021
Invested$35.0kat cost · 1 ticket
Realised$91.0kproceeds
MOIC2.60xrealised
Ownership—no cap table on file
Next round—none recorded
IRR47.1%workbook, per ticket dates
Thesis vs. reality · what we underwrote at entry, measured against now

What must be trueEach claim is what the company said would be true, checked against the filed accounts and later updates. A claim with no second source stays on watch.

Entry memo on fileInvestment Memo - Mayple.docx · Oct 2021. Its claims have not been extracted, so nothing is tracked against it yet. Not tracked
Latest founder update

No founder update for Mayple is in the data room.

Watch & flags

What to keep an eye on

NoteMayple and Lava.ai amounts are swapped in the Aug 2024 tracker
Our position

PositionIncubayt's tickets and marks come from the IRR workbook; the legal entity from the company's cap table or registers.

InstrumentsSPA (Preferred Shares) $35.0k (Apr 2021)
Company valuation$6.00mm · workbook
BoardNot recorded
Legal entityNot recorded