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Bitcoin Fintech Unocoin Sets $1.5M VC Indian Investment Record
Bangalore-based Bitcoin start-up Unocoin has raised $1.5 million (m) in a Pre ‘Series-A’ investment round, a record high for any digital currency venture in Indian history. But while the founder’s vision is to “scale Bitcoin” to the masses and address a largely ‘unbanked’ nation, is it such a big deal really?
- Categories
- Investing, Technology
- Region
- South Asia
- Tags
- fintech
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Weekly Roundup: PSI for Profit, a Slowing ‘Pulse’ in Africa and Medical Tourism on Steroids
The non-profit Population Services International (PSI) announces the launch of a for-profit business in India, sub-Saharan Africa braces for "the lowest growth in more than 20 years," and Obamacare generates some unintended – and potentially exciting – consequences. We discuss these and other issues in our weekly roundup of social business and global development news.
- Categories
- Health Care, Investing, Social Enterprise
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ImpactAssets Introduces “100 Percent for Impact” Alternative to Traditional Money Market Fund
ImpactAssets announced today the launch of the ImpactAssets Liquid Impact Portfolio, a new 100% impact money market alternative that enables investors to “park cash” while benefitting low-income communities.
- Categories
- Impact Assessment, Investing
- Tags
- impact investing
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‘A Sweet Spot for Impact Investing’: Omidyar Network’s Roopa Kudva discusses India’s Growing Prominence
There was a surprising amount of tension on SOCAP's panel on impact investing in India, much of it revolving around a simple question: Are these investments making a difference? As one panelist put it, "Just because you're doing it, doesn't mean it's actually helping." Roopa Kudva, a partner at Omidyar Network, sat on the panel, and afterward she shared her views on this question, and on the impact sector's growing prominence in India, in a video Q&A.
- Categories
- Investing, Social Enterprise
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George Soros to Give $500 Million to Migrant, Refugee Businesses
George Soros is pumping $500 million into migrant- and refugee-founded businesses and other initiatives, the billionaire investor announced Tuesday, noting that his hope is other investors will follow suit.
- Categories
- Investing
- Tags
- philanthropy
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How to Raise Trillions for Green Investments
Saving our planet from the worst effects of climate change won’t be cheap. A new report from the United Nations says that the world will need to mobilize $90 trillion in public and private capital over the next 15 years.
- Categories
- Impact Assessment, Investing
- Tags
- impact investing
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Morgan Stanley Introduces New Tool Kit to Effectively Integrate Gender Diversity Criteria Within an Investment Portfolio
Investors seeking opportunities to effectively integrate gender diversity criteria within an investment portfolio now have access to a new framework to help translate social change and greater gender equality into an actionable plan for investing.
- Categories
- Investing
- Tags
- impact investing
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Small-Scale Fishers Get A Big Boost With First-Of-Its Kind Impact Investment Fund
At the Our Ocean Conference, hosted by U.S. Secretary of State John Kerry in Washington, D.C. today, Rare CEO Brett Jenks and the Global Environment Facility (GEF) CEO Naoko Ishii will be jointly announcing the development of the Meloy Fund for Sustainable Small-Scale Fisheries in Southeast Asia. The GEF, one of the largest funders of conservation worldwide, will be investing $6 million into the fund.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- impact investing