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After 10 successful investments, Micromax starts $100 million fund
India’s prominent smartphone maker Micromax is launching an investment fund of up to $100 million to invest in consumer Internet companies relevant to the Indian market. Named Orbis Capital, the fund will raise money from Indian and foreign private equity firms and pension funds. The fund’s advisory board will have prominent entrepreneurs like Nami Zarrighalam, Founder of Truecaller, and renowned investor Perry Blacher among others.
- Categories
- Investing
- Region
- South Asia
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Profits? Nice, but for These Investors, Conscience Matters More
Seth Holehouse, who owns an auction house in New York City, has focused his investments on renewable energy and recycled products. He has done so for the last five years — despite steadily losing money on the strategy.
- Categories
- Impact Assessment, Investing
- Region
- North America
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Clinton Foundation President Donna Shalala talks finances, focus and the future
Describing the past 18 months as “intense” and “challenging,” Clinton Foundation President Donna Shalala was eager to reassure that the foundation is “alive and well and thriving” in a call with a small group of reporters on Friday. “Rumors of our demise are greatly exaggerated,” she said.
- Categories
- Impact Assessment, Investing
- Region
- North America
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More Evidence of Impact Investing Growth–And What It Means for Social Entrepreneurs
Sustainable, responsible and impact (SRI) investing is expanding, offering new opportunities for social enterprises, especially those registered as Benefit Corporations.
- Categories
- Investing
- Tags
- ESG, impact investing
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Exeo Capital Agri-Vie Fund II Attracts Over $100 Million
EXEO Capital, the pan-African private equity investment firm, has announced the first close of the second Agri-Vie Fund, focused on the food and agribusiness sector in Sub-Saharan Africa, after attracting commitments of over $100 million, one third more than the initial target.
- Categories
- Agriculture, Investing
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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Innovative Financing Key to Transforming Africa’s Healthcare
Targeted investments in infrastructure, workforce and improved governance are key to transforming the heath sector in Africa, said the head of the Health and Education Investment Team at the International Finance Corporation (IFC), Biju Mohandas.
- Categories
- Health Care, Investing
- Region
- Sub-Saharan Africa
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UN Sustainability Goals: A Road Map for Impact Investing
Equity investors are increasingly thinking about how their decisions affect society. The United Nations’ Sustainable Development Goals (SDGs) provide a good road map for identifying investments that can make an impact—and generate profits as well.
- Categories
- Impact Assessment, Investing
- Tags
- ESG, impact investing, SDGs
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Kenya’s BitPesa Closes $2.5M Funding Round
Kenyan digital currency payments platform BitPesa has closed a US$2.5 million series A funding round, with a view to expanding its services further across West and Southern Africa, as well as in the UK and Europe.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
- Tags
- digital payments, fintech
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