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South Park Commons Is Raising $40 Million for an India-Specific Fund
Unlike traditional VC funds and incubators like Y Combinator, South Park Commons looks for technologists who have strong ideas but may not be ready to fundraise yet.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- venture capital
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Africa’s Startups Need Patient Capital: Could the African Diaspora Help Provide it?
African startup funding amounts to a tiny fraction of global venture capital (VC), and these investments are often concentrated on sectors like fintech and e-commerce. As a result, as Kristin H. Wilson at Innovate Africa Fund argues, African founders often lack the capital and incentive to tackle the continent’s biggest development challenges. She proposes a new approach to funding innovative African-made solutions to these issues — one that leverages the capital and entrepreneurial expertise of the African diaspora.
- Categories
- Health Care, Investing
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VC Investment in Emerging Markets Plummeted by Over 40% Last Year
The data mirrors the wider global trend of reduced VC funding in the last two years, especially for non-AI companies.
- Categories
- Investing
- Region
- Global
- Tags
- data, research, venture capital
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UK Pledges £7.2 Million to Support Nature Positive Economies in Developing Countries
£7.2M allocated to the International Nature Positive Economy Programme, targeting sustainable development in low and lower-middle income nations.
- Categories
- Environment, Investing
- Region
- Global
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Islamic Development Bank Group Approves $40 Million to Support Small Businesses in Uzbekistan
Uzbekistan has launched a project to bolster the financial resilience of small and medium-sized enterprises (SMEs) with funding from the Islamic Development Bank (IsDB).
- Categories
- Investing
- Region
- Europe & Eurasia
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Microsoft Announces US $3 Billion Investment Over Two Years in India Cloud and AI Infrastructure to Accelerate Adoption of AI, Skilling and Innovation
Microsoft shared a comprehensive plan to train and skill 10 million people by 2030, reinforcing its commitment to partnering with India on its journey to become an AI-first nation.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Veon Group Invests $15 Million in Mobilink Bank for Growth and Tech Advancements in Pakistan
The capital aims to bolster Mobilink Bank’s efforts in expanding its services in Micro, Small, and Medium Enterprise (MSME) financing.
- Categories
- Investing
- Region
- North Africa & Near East
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Accel Closes $650 Million for New India Fund
Accel has raised $650 million for its eighth India fund as the U.S. venture firm expands its investment strategy in the South Asian market.
- Categories
- Investing
- Region
- Asia Pacific
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