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Solutions to the Care Crisis: How Social Enterprises and Impact Investing Can Transform the Care Economy
The care economy – i.e., paid and unpaid care provided to children, the elderly, and those with illnesses or disabilities – is central to our society’s well-being and to the broader economy. But according to analysts at IDRC, E. T. Jackson and Associates Ltd., and the Soros Economic Development Fund, COVID-19 has worsened the challenges facing these primarily female workers. They explore some innovative market-based solutions to these issues, and discuss how impact investors and other stakeholders can better support care workers, particularly in the Global South.
- Categories
- Investing, Social Enterprise, Transportation
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Indian Businesses Seek Government Support To Meet 2030 Electric Vehicle Target
Businesses in India are seeking government support to meet a target for at least 65% of all new vehicle sales to be electric by 2030, according to a CEO-led organisation of major companies worldwide which is leading the push.
- Categories
- Technology, Transportation
- Region
- Asia Pacific
- Tags
- e-mobility, SDGs, transportation
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Mexico’s Kavak Drives Away With $700 Million in New Funding, Doubling Its Valuation to $8.7 Billion
Kavak, a Mexico City-based startup that operates a pre-owned car marketplace in Latin America, announced it has raised a massive Series E round that more than doubles the company’s valuation.
- Categories
- Finance, Technology, Transportation
- Region
- Latin America
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Malaysia-Based Socar Raises US $55 Million in Series B Funding Round From New Investors EastBridge Partners, Sime Darby
SOCAR plans to use the funding to support continuous tech enhancements, the introduction of clean mobility initiatives, and further development of its P2P car-sharing marketplace TREVO.
- Categories
- Investing, Technology, Transportation
- Region
- South Asia
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Power Global Introduces eZee, the First Swappable Battery for Light Vehicles
Power Global introduces eZee, the company's first swappable battery for light vehicles.
- Categories
- Energy, Technology, Transportation
- Region
- Global
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Shared Mobility Startup Plentywaka Raises $1.2 Million Seed Round and Acquires Stabus Ghana
Plentywaka acquired Ghanaian mobility startup, Stabus as it looks to expand its African operations, starting with West Africa.
- Categories
- Investing, Technology, Transportation
- Region
- Sub-Saharan Africa
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ZūM CEO Ritu Narayan Explains Why Equity and Accessibility Works for Mobility Services
Ritu founded Zūm in 2016 with brothers Abhishek and Vivek Garg to optimize routes, create transparency and make school commutes greener in India.
- Categories
- Technology, Transportation
- Region
- Asia Pacific
- Tags
- e-mobility, transportation
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Nigerian Mobility Startup Moove Raises $63.2 Million Series A to Democratise Vehicle Ownership
Moove is democratising vehicle ownership in Africa by providing revenue-based vehicle financing to mobility entrepreneurs.
- Categories
- Social Enterprise, Technology, Transportation
- Region
- Sub-Saharan Africa
- Tags
- startups, transportation
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