-
Technology Billionaire Bill Gates to Double Investment in Clean Energy Projects Over Five Years
Technology billionaire Bill Gates says he’ll plow $2 billion of his own money into breakthrough energy projects that reduce emissions and eschew fossil fuels. The planned investment doubles what Gates already has spent on early-stage energy companies geared to fight climate change, the Financial Times reported Thursday.
-
Early Tesla Motors Investors Raise $400 Million Impact VC Fund
Two early investors in Tesla Motors Inc.TSLA +0.96% teamed up and raised a $400 million venture capital fund to back startups that have a positive social or environmental impact, Venture Capital Dispatch has learned.
- Categories
- Impact Assessment, Investing
-
PRESS RELEASE: Report: Private Impact Investing Funds Yielded Financial Performance in Line With Non-Impact Funds
Private impact investment funds -- specifically private equity and venture capital funds -- that pursue social impact objectives have recorded financial returns in line with a comparative universe of funds that only pursue financial returns.
- Categories
- Impact Assessment, Investing
-
MyDentist Raises Around $8M From LGT Group, Existing Investors
Mumbai-based Total Dental Care Pvt Ltd, which runs dental care chain under the MyDentist brand, has secured Rs 50 crore (around $8 million) in its Series C round of funding led by LGT Venture Philanthropy, a global impact investing organization founded by LGT and the Princely Family of Liechtenstein.
- Categories
- Health Care, Investing
- Region
- South Asia
-
Aavishkaar Raises Rs 500 crore for Foreign Investments
Aavishkaar, India's biggest social entrepreneurship focused venture capital fund, would be investing about Rs 500 crore ($75 million) in start-ups from Pakistan, Bangladesh, Sri Lanka and Indonesia.
- Categories
- Health Care, Investing
- Region
- South Asia
- Tags
- venture capital
-
Aavishkaar raises $75 million for foreign investments
Aavishkaar, India's biggest social entrepreneurship focused venture capital fund, will be investing about Rs 500 crore ($75 million) in start-ups from Pakistan, Bangladesh, Sri Lanka and Indonesia.
- Categories
- Investing
- Region
- South Asia
-
Profit From a Cause
Making and selling portable toilets? Investors wrinkled their noses when Rajeev Kher, Managing Director of Pune-based Saraplast Pvt Ltd, first sought funds from them in 1999. Sixteen years later, the toilets have been such a success that he is spoilt for choice as he looks for a third round of funding. "My company has been profitable for a long time," he says. "But I will never forget that when I started off, it was Aavishkar which came forward to support me."
- Categories
- Health Care, Investing
- Region
- South Asia
-
Viewpoint: Are There Really Too Many Venture Capitalists in Impact Investment?
For years I have heard those involved in impact investment moan about the extent to which experienced venture capitalists (VCs) are “taking over”: bringing values which will destroy the very essence of the movement.
- Categories
- Investing