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China Launches $1.5bn Fintech Fund
A consortium of Chinese state-owned companies and private enterprises has created a $1.44 billion investment fund dedicated to fintech mergers and acquisitions.
- Categories
- Technology
- Region
- South Asia
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Mobile Technology Takes Fight Against HIV in Lesotho to the People
Maboe Ntsime remembers well the ordeal she used to go through to receive the regular treatment she and her six-year-old son, Motsamai, depend on as people living with HIV.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
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Better Ventures Closes $21 Million Fund to Back the Next Tesla or Patagonia
Oakland-based venture capital firm Better Ventures recently closed its second fund at $21 million according to cofounder and managing director Wes Selke.
- Categories
- Impact Assessment, Investing
- Tags
- impact investing
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Bangladesh government plans to strengthen Grameen Bank
Finance Minister AMA Muhith has said the government plans to strengthen Grameen Bank further so that the Nobel Prize winning microcredit lender becomes more relevant in changing times.
- Categories
- Uncategorized
- Region
- South Asia
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Marico Foundation, Villgro invest in medical devices firm Yostra Labs
Bengaluru-based medical technology startup Yostra Labs Pvt Ltd has raised an undisclosed amount of funding from Marico Innovation Foundation (MIF) and social enterprise incubator Villgro, the company said in a statement on Wednesday.
- Categories
- Health Care
- Region
- South Asia
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Private equity firm sees healthcare opportunity in Liberia
Last month the London-based private equity firm, TLG Capital, announced that it had invested an undisclosed amount in Snapper Hill Clinic, a Liberian healthcare provider which runs the largest private out-patient facility in the country’s capital Monrovia. The investment will be used to launch two additional clinics in the city and increase capacity to serve over 50,000 patients a year – from 15,000 currently.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
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Rockefeller Foundation Picks Rajiv J. Shah, a Trustee, as President
Rajiv J. Shah, a trustee of the Rockefeller Foundation, was asked about six months ago to join the committee that would select the foundation’s next president. He said no. Instead, Mr. Shah, who until recently had been the administrator of the United States Agency for International Development, ultimately said he wanted to be considered for the post.
- Categories
- Uncategorized
- Region
- North America
- Tags
- impact investing
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Notes Ban Set to Become Turning Point for India’s Mobile Wallet Sector
If one were to table a list of the happiest entrepreneurs in 2016, Paytm founder and CEO Vijay Shekhar Sharma would undoubtedly be on top.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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