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Modus Expands to Sub-Saharan Africa With the Launch of Its AI and Blockchain-Focused $75 Million Fund
New York-based venture platform Modus has launched Modus Africa, a venture capital fund for AI and blockchain startups across sub-Saharan Africa.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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HR Tech Firm Keka Raises $57 Million From WestBridge Capital in India
Keka, a Hyderabad-based HR tech firm, has secured India’s largest Series A SaaS funding with a whopping $57 million from WestBridge Capital.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- innovation
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Yulu Secures US $9 Million in Financing from US International Development Finance Corp
According to the company, 75 million+ green deliveries have been made using Yulu EVs till date, and the company has helped save 15000 metric tons of CO2 emissions.
- Categories
- Finance, Technology, Transportation
- Region
- Asia Pacific
- Tags
- e-mobility, transportation
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Analysis: Why Venture Capitalists Are Doubling Down On The Impactech Sector
The truth is impact and technology have never been two unrelated paradigms. Both styles of investing are deeply intertwined and form a continuum rather than a dichotomy.
- Categories
- Investing, Technology
- Region
- Global
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GSMA Publishes Vision for a ‘Circular Economy’ of Mobile Devices
In the lead-up to COP27, the GSMA has published a new, long-term vision for how the mobile industry can increase the circularity of its supply and production chains for mobile devices.
- Categories
- Technology, Telecommunications
- Region
- Global
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Quona Capital Announces $332 Million Fintech Venture Fund to Accelerate Financial Inclusion Investments in Emerging Markets
Quona’s Fund III had its final close at $332 million, exceeding initial target of $250 million, as the firm continues to invest in Latin America, India, Southeast Asia, Africa and MENA.
- Categories
- Finance, Technology
- Region
- Global
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Mexican E-Commerce Aggregator Quinio Raises $40 Million in Equity and Debt
Quinio acquires, operates, and builds e-commerce brands created by local entrepreneurs that have growth potential.
- Categories
- Finance, Technology
- Region
- Latin America
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A Hidden Driver of Financial Inclusion: Why Enabling Regulation is Essential to Fintech Success in Emerging Markets
Fintech innovation is jumpstarting financial inclusion around the world, driven in part by enabling regulation which allows providers to experiment with new approaches. But as Monica Brand Engel, Ganesh Rengaswamy and Jonathan Whittle at Quona Capital explain, it can be difficult for regulators to simultaneously fuel innovation, adapt to new technologies and government mandates, and protect customers. They explore what the fintech sector can learn from successful regulatory approaches in countries like Brazil and India.
- Categories
- Finance, Technology, Telecommunications
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