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Analysis: Indonesia’s Innovative Startups Are the Catalyst for Increasing Investment
In recent years, the explosive growth of Indonesia’s startup scene has grabbed global headlines. Its capital city, Jakarta, ranks third on Startup Genome’s 2021 “Emerging Ecosystems” with a combined startup valuation of USD 34 billion.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- innovation, startups
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Funding Societies Raises $294 Million to Back South-East Asia’s SMEs
Small businesses suffer from the same problem: all too often they struggle to access the finance they need to grow. That requires new solutions – and in South-East Asia, Funding Societies thinks it can help.
- Categories
- Uncategorized
- Region
- South Asia
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IFC Invests $10 Million in Knife Capital Fund III to Support South Africa’s Digital Entrepreneurs
IFC, a member of the World Bank Group, has invested US$10 million in Knife Fund III, a new fund managed by Cape Town-based venture capital firm Knife Capital.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
- Tags
- venture capital
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U GRO Capital Gets Funding From responsAbility
U GRO Capital raised its first impact focused debt investment of Rs 138 crore from funds managed/advised by Switzerland based investor responsAbility.
- Categories
- Uncategorized
- Region
- Asia Pacific
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Umpqua Bank Offers $2 Million Infusion to Support Minority, Women Entrepreneurs
Through a series of multi-year partnerships with business-focused nonprofits, Umpqua aims to close the opportunity gap in access to capital, resources, and expertise for traditionally underserved innovators.
- Categories
- Uncategorized
- Region
- North America
- Tags
- gender equality
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Indonesia’s Largest Private Bank To Pour $27.8 Million Into VC Arm
Indonesia’s Bank Central Asia (BCA) has allocated 400 billion rupiah to its VC arm, Central Capital Ventura, reported local news agency Antara, citing a statement from Jahja Setiaatmadja, the bank’s president director.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- e-commerce, startups
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Lagos, Nairobi, Kigali Entrepreneurs Invited to Apply for Global Urban Innovation Challenge for Emergent Cities
Utopia and the World Economic Forum’s new Centre for Urban Transformation have launched a global Urban Innovation Challenge to activate an ecosystem of 800 innovative urban entrepreneurs, investors, and mayors across Asia, Africa, and Latin America.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Lal10: This Startup Is Building the Alibaba of Indian Crafts Industry
Lal10 is a fast-growing wholesale cross-border sales platform for creative products from India to the world.
- Categories
- Uncategorized
- Region
- Asia Pacific
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