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Press Release: Vivriti Asset Management Launches India’s First Securitization Fund With Investment From IFC and M&G Catalyst, to Boost Financing for Small Businesses and Address Gender Gaps
Millions of low-income households and micro and small enterprises (MSEs), especially women-owned MSEs, will have improved access to finance with the investment.
- Categories
- Finance
- Region
- Asia Pacific
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Uber Steps up EV Push in India With Uber Green
Ride-hailing platform Uber Technologies (UBER.N) is stepping up its efforts to go green in India.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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Physis Capital Reaches First Close of $7 Million for $50 Million Fund in India
The fund is looking to build a portfolio of 15-20 startups with an average ticket size of $2.5 million.
- Categories
- Investing
- Region
- Asia Pacific
- Tags
- startups
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DFC Commits $49.5 Million to Help Genus Power Expand Smart Meter Program in India
This initiative is expected to optimize and improve grid efficiency in India.
- Categories
- Energy, Technology
- Region
- Asia Pacific
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First Project Under IFC’s Global Food Security Platform to Tackle Food Insecurity in Bangladesh, Improve Farmers’ Livelihoods
IFC is providing up to $35 million to Tanveer Food Limited (TFL) to help ensure food security and improve the incomes of more than 123,000 smallholder farmers.
- Categories
- Agriculture, Investing
- Region
- Asia Pacific
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AWS to Invest $12.7 Billion in India
Amazon plans to invest $12.7 billion into its cloud business in India by 2030.
- Categories
- Energy, Technology, Telecommunications
- Region
- Asia Pacific
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Amazon Lays Off 500 Employees in India Across Functions
The Seattle-based technology giant is letting go of at least 500 employees in India, and the process is ongoing, they said.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- corporations, employment, failure
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ZestMoney Founders Resign as Goldman Sachs-Backed Fintech Struggles to Raise Funds
Founders of ZestMoney have resigned from the startup, the latest twist in the fate of the Indian fintech.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
- Tags
- corporations, employment, failure, fintech