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Info Edge Has Lost Over $1.2 Billion on Its Investment in Zomato, Policybazaar
Sanjeev Bhikchandani-led Info Edge has lost $1.2 billion in its investment in tech startups Zomato and PolicyBazaar.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
- Tags
- impact investing, startups
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Ghana Signs $69.88 Million Renewable Energy Deal to Enhance Electricity Access
Ghana has signed a $69.88 million renewable energy agreement to enhance electricity access in the next four years.
- Categories
- Energy, Technology
- Region
- Sub-Saharan Africa
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Resolving the Core Tension of Impact-Focused Fintech: A Viable Model for Reaching Rural Women with Digital Financial Services
Reaching last-mile communities is challenging for a business that also has to attend to its own bottom line. Claudia Sosa Lazo at IDEO.org discusses a partnership between IDEO.org, BRAC, bKash and the Busara Center for Behavioral Economics that is seeking profitable ways to bring digital financial services to rural women in Bangladesh. She explains how the partnership provides a model for other businesses and NGOs that hope to unlock both profit and social impact, while bringing beneficial products to the world’s most excluded communities.
- Categories
- Finance, Technology
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WSO2 Completes $93 Million Series E Growth Funding Round with the Investment from Info Edge
Info Edge, which joins lead investor Goldman Sachs Asset Management in the Series E, provides a strategic contribution to WSO2’s accelerated business expansion across India
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- accelerators
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Why the Honeymoon Is Over for Startups in Latin America
Inflationary concerns, rising interest rates, persistent supply chain disruptions from Covid-19 and the war in Ukraine are wreaking havoc on the global economy and consequently on its backbone, the global financial system.
- Categories
- Investing, Technology
- Region
- Latin America
- Tags
- startups
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African Development Bank Approves €9.8 Million Investment Funds For Tech Startups In Africa
The investment will support African start-ups, from seed to growth stages, particularly in the tech sector.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- innovation, startups
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How Global Corporations Can Boost Local Renewable Energy Production: The Transformative Potential of D-RECs in Emerging Markets
If the world hopes to address climate change, large corporations must transition away from fossil fuels for their power needs. To that end, corporations can buy renewable energy certificates, allowing them to claim renewable energy use and meet their climate commitments, while providing needed funding to renewable projects. But as Beatrice Kennedy at Powertrust points out, emerging markets generally lack access to this solution. She explores how distributed renewable energy certificates (D-RECs) can address this gap, leveraging blockchain and open-source technology to create a global marketplace for renewable energy generated in emerging countries.
- Categories
- Energy, Technology
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Tesla to Build EV and Battery Storage Factory in Indonesia
It would be Tesla’s third electric vehicle factory outside its home market, and would help to supply growing demand for electric vehicles in the South-East Asian and Pacific region.
- Categories
- Energy, Technology, Transportation
- Region
- South Asia
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