Amber Group Investing in Jamaica
When Dushyant Savadia decided to make Jamaica his home in 2012, his mission became to help as many Jamaicans succeed as possible.
Speaking on Taking Stock with Kalilah Reynolds, the Amber Group CEO said he first came to Jamaica with the Art of Living Foundation to teach stress management workshops to inner-city youths and inmates.
“But in early 2015, I ran out of funding and that’s when I decided that charity cannot happen from an empty bowl. To do good in the society you need wealth,” he said.
“That’s when I decided uh to build businesses with the sole purpose of doing good for the society,” Savadia added.
Savadia founded Amber Group in 2015, with their flagship service Amber Connect a vehicle tracking and telematics company. Since then the group has branched off into 13 different companies, including, Amber Cybereye- a cybersecurity firm, Amber Pay- an e-payment platform and Amber Fuels.
Recently, Savadia and Amber Group launched the Amber UTech LaunchPad. The company has committed to funding 100 digital startups over the next 1000 days.
“ We’re very grateful to UTech for collaborating with us because they’re providing us with the office spaces and the training for our entrepreneurs,” he explained.
“In the meantime, Amber will fund all the software development, the digital products that have to be built and we will then leverage our global market to assist them to sell all over the world,” he added.
Savadia said the launchpad will help many entrepreneurs who have brilliant ideas but can not access the right funding.
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