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Vistaar Finance to Raise $50 Million in Debt Financing from US DFC
DFC’s support is expected to assist Vistaar in expanding its secured MSME lending portfolio in India.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- financial inclusion, MSMEs
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India’s Rice Export Ban to Hurt Millions Globally. These Countries Will Be the Worst Hit
The government is seeking to tame surging domestic food prices and “ensure adequate domestic availability at reasonable prices.”
- Categories
- Agriculture
- Region
- Asia Pacific
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Mufin Green Finance Raises $1 Million From Shell Foundation
The funding is aimed at catalyzing commercial debt by enabling Mufin to leverage approximately $40-60 million debt over five years.
- Categories
- Energy, Technology, Transportation
- Region
- Asia Pacific
- Tags
- e-mobility
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Amazon Commits to Invest $26 Billion in India
The financial commitment encompasses fostering startups, creating job opportunities, enabling exports, and empowering individuals and small businesses to compete on the global stage.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Mobile Money Carrier Nagad Becomes First Fintech Unicorn in Bangladesh
Nagad, a mobile money carrier based in Bangladesh, has emerged as a unicorn startup, becoming the fastest in Bangladesh.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- fintech, mobile finance, startups
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Auxilo Finserve Snags $57 Million From Tata PE Fund, Xponentia, Others
Founded in 2017, Auxilo Finserve provides loans to students for pursuing education in India or overseas.
- Region
- Asia Pacific
- Tags
- lending
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Report: 78% Of India’s Handmade MSMEs Struggle to Access Working Capital, Hindering Cultural Economy Growth
Fifty-five per cent of handmade and craft-based MSMEs do not have clarity on the various financial instruments available in the market and how to access them.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Analysis: AI In India’s Healthcare Sector: What It Is And How It Works
The recent report published by NASSCOM stated, AI in healthcare has immense potential and it might add $25-$30 billion to India’s GDP by the year 2025.
- Categories
- Health Care, Technology
- Region
- Asia Pacific