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Geniemode Raises $28 Million in Series B From Tiger Global, Info Edge Ventures
With this capital, the Gurugram-headquartered B2B cross-border tech platform is planning to penetrate deeper in key international markets. It also plans to strengthen its supplier base across India and SEA.
- Categories
- Technology
- Region
- Asia Pacific
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Tofino Capital Launches $10 Million Fund for Frontier Tech in Africa, Other Markets
VC firm Tofino Capital has completed a first close of US$5 million of a US$10 million fund focused on investing in early-stage companies in Africa, Latin America, Asia and the Middle East.
- Categories
- Finance, Technology
- Region
- Global
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India’s Blanket Approach to Financial Inclusion Is Leaving Women Behind: Here Are Four Ways to Close the Gender Gap
India's Pradhan Mantri Jan Dhan Yojana program has been a game-changer for financial inclusion in the country. But according to Akhand Jyoti Tiwari, Sonal Jaitly and Saloni Tandon at MSC, the campaign faces considerable challenges, as evidenced by India's substantial gender gap in account ownership and usage. They argue that the program's blanket approach has contributed to these gaps, by overlooking women’s unique needs while targeting the population at large. They explore four things the country can do to better enhance the financial inclusion of women.
- Categories
- Finance, Technology
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School Fees Payment Startup Zenda Raises $9.4 Million
Zenda was founded in June 2021 by Raman Thiagarajan and Haseeb Ahmed, alumni of McKinsey & Company. Thiagarajan and Ahmed had previously founded edtech startup Nexsquare in Dubai.
- Categories
- Education, Technology
- Region
- Asia Pacific
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Building a Transformative Gender Approach into Graduation Programs: Lessons Learned from a Three-Year Initiative in Latin America
Latin America is home to 86 million people living in extreme poverty – and women in the region are particularly impacted. Graduation programs have shown their effectiveness at addressing the multi-dimensional challenges of poverty, but Laura Morínigo and Carolina de Miranda at Fundación Capital argue that these programs must do more to address gender inequalities. They discuss the results of an initiative that integrated a transformative gender approach into poverty graduation, and explore how this approach can amplify these programs' impact on women.
- Categories
- Finance, Technology
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JiPay Raised US $1.3 Million of Seed Funding Led by East Ventures
JiPay, a Singapore-based fintech startup, creates an inclusive financial services platform for migrant domestic workers.
- Categories
- Finance, Technology
- Region
- South Asia
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Armada Brands Raises $1.3 Million Pre-Seed to Empower E-Commerce Entrepreneurs in Scaling Their Brands
Armada Brands, a Philippine e-commerce aggregator, raised $1.3 million in pre-seed funding to invest in e-commerce entrepreneurs looking to scale their brands.
- Categories
- Entrepreneurship, Finance, Technology
- Region
- South Asia
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Tofino Capital Closes First Round of $10 Million Fund to Back Startups in Africa
The VC will invest between $50,000 and $500,000 in early-stage companies, particularly pre-seed and seed stages.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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