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What Is eBay’s Omidyar Doing on Delhi’s MedTech Row?
Pierre Omidyar is best known as the founder of the online auction company e-Bay, which he grew from an “odd little Web site” to one of Web commerce’s biggest and longest-lasting success stories.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
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Patnis purchase stake in Grameen Capital India
Grameen Capital India (GCI) has announced that Amit Patni and Arihant Patni have acquired a stake in the company from original investor IFMR Trust. The Patni's after exiting their software services exports company to iGate in a $1.2 billion deal have started Nirvana Venture Advisors, a venture capital fund with focus on the internet space in India.
- Categories
- Investing, Technology
- Region
- South Asia
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eBay founder’s investment firm makes a grant to global health consortium
Omidyar Network, the philanthropic investment firm of eBay founder, Pierre Omidyar, is making a $1.5 million grant to a global consortium supporting innovation in healthcare and medical technology. The grant has been made to Massachusetts General Hospital's Center for Global Health to support the Consortium for Affordable Medical Technologies (CAMTech).
- Categories
- Health Care, Investing
- Region
- South Asia
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Lok Capital is re-inventing strategy for social impact
Rajiv B Lall, 55, managing director and chief executive officer of Infrastructure Development Finance Company talks unlike his peers in glamorous investment banking and private equity business despite spending over thirty years with institutions such as Warburg Pincus, Morgan Stanley and Asian Development Bank.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
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Israel’s Rather Different Social Network
ISTANBUL—One of the more unusual presentations at the Webit conference here was from Israel Venture Network, a 10-year social entrepreneurship network targeting some of Israel’s deprived and excluded citizens, in a talk given by the former tech Chief Executive Isabel Maxwell.
- Categories
- Investing
- Region
- North Africa & Near East
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Opportunity Africa: How One Social Venture Is Crowdsourcing the For-Profit Finance Model
The best social entrepreneurs are always tweaking the model. In microfinance, crowd-sourced ventures have aimed at connecting first world capital with developing world opportunity – and with some success. A few years ago, I met Mads Kjaer in Oxford and was fascinated by a model that added risk and reward to what had been more a form of philanthropy than investment.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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USAID and Acumen Partner to Spur Private Debt Capital for Social Enterprises in Developing Countries
New York – Today the U.S. Agency for International Development (USAID) and Acumen Fund, a nonprofit global venture fund addressing poverty across Africa and South Asia, announced a collaboration to facilitate the flow of up to $15 million in private debt capital to social enterprises working to provide critical goods and services to the underserved across these regions.
- Categories
- Investing
- Tags
- venture capital
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Early stage investment growing in Africa tech
The rise of technology hubs over the last couple of years has spurred investment, helped by humanitarian agencies and VCs
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa