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Cypher Capital Launches $100 Million Blockchain Fund, With an Aim to Invest 40% Of It in Crypto Startups in India
Cypher Capital, a private venture capital firm, announced the launch of a $100 million blockchain fund, and it aims to invest 40% of it in Indian cryptocurrency and blockchain startups.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Reaching Informal Savings Groups with Formal Financial Products: A Study’s Unexpected Findings Reveal the Challenges of Digitizing Transactions
Formalizing the financial activities of informal savings groups has long been a priority in financial inclusion. Since 2015, the Savings at the Frontier program has worked to deepen the relationships between these groups and formal financial service providers, on the assumption that this would lead group members to open individual accounts and reap the benefits of digital transactions. But as Raksha Vasudevan explains, the results of a program evaluation have challenged these assumptions. She explores these findings, and their implications for efforts to digitize informal savings groups.
- Categories
- Finance, Impact Assessment, Technology
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VEON’s Banglalink Launches Bangladesh’s First Digital Health Aggregator Platform
VEON this week announced that its Banglalink mobile operator in Bangladesh has launched Health Hub, the country’s first integrated digital health platform.
- Categories
- Health Care, Technology
- Region
- Asia Pacific
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Japan’s Suzuki to Invest $1.4 Billion for Electric Vehicles at India Factory
Suzuki Motor plans to invest 104.4 billion rupees ($1.37 billion) in its India factory to produce electric vehicles (EVs) and batteries, Maruti Suzuki India, majority-owned by the Japanese carmaker, said on Sunday.
- Categories
- Energy, Technology, Transportation
- Region
- Asia Pacific
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Google’s Underwater Internet Cable to Connect Togo to Europe
Equiano, Google’s subsea internet cable in Africa, will make its first landing in Togo this month. Google announced this on Friday (18 March 2022).
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Big Cabal Media Raises $2.3 Million to Expand its Line of Digital Products in Africa
Big Cabal Media (BCM), a leading African digital media company, has announced a $2.3 million Seed funding round, emphasising its commitment to keep building exciting and authoritative media products and brands.
- Categories
- Technology, Telecommunications
- Region
- Sub-Saharan Africa
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Kenya’s Sokowatch Secures $125 Million Series B, Rebrands to Wasoko
Kenyan startup Sokowatch, an e-commerce company leveraging technology to transform the informal retail supply chain, has closed a US$125 million Series B equity round.
- Categories
- Technology
- Region
- Sub-Saharan Africa
- Tags
- e-commerce
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FinTech Kamino Raises $6.1 Million to Help Latin American Startups Raise Funds
Kamino, a FinTech working on a product to help startups with international structure, has raised $6.1 million in a funding round.
- Categories
- Finance, Investing, Technology
- Region
- Latin America
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