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Byju’s CEO Byju Raveendran Pumps 50% Of $800 Million in Latest Fundraise
The company has raised fresh funds at an enterprise value of $22 billion, which has increased by about 22 percent from the last disclosed valuation of USD 18 billion.
- Categories
- Technology
- Region
- Asia Pacific
- Tags
- accelerators, edtech
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Edtech Startup Filo Raises $23 Million in Funding Led by Anthos Capital in India
The edtech startup plans to use the fresh capital for product development, expanding the team, tapping new categories, and scaling its tutor base across the country.
- Categories
- Education, Technology
- Region
- Asia Pacific
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Development Bank Accused of Lending Millions to Companies Allegedly Linked to Forced Labor in Xinjiang
New research suggests the IFC, which operates under the World Bank Group, has been providing hundreds of millions of dollars in loans to companies that may be relying on forced labor from Uyghur and other ethnic minority groups in China's western Xinjiang region.
- Categories
- Investing
- Region
- Asia Pacific
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After Green Bonds Come Orange Bonds: IIX Launches Coalition to Develop First Gender-Lens ‘Asset Class’
Singapore-based Impact Investment Exchange (IIX), the creator of the $150m Women's Livelihood Bonds, has launched the Orange Bond Initiative, a global coalition to create what they call the world’s first gender-lens investing asset class.
- Categories
- Investing
- Region
- Asia Pacific
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Kuhoo Gets $20 Million in Fresh Funding From Westbridge Capital
Kuhoo is now looking to partner with banks and non-banking finance institutions (NBFCs) along with top colleges in India to provide credit to students.
- Categories
- Education
- Region
- Asia Pacific
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Led by Kenya-Based Entrepreneurs Tesh Mbaabu and Mesongo Sibuti, Marketforce Closes the Largest Series A Round of Its Kind in East and Central Africa
MarketForce, the Nairobi-headquartered B2B platform for retail distribution of consumer goods and digital financial services in Africa, has announced the closing of a $40 million Series A round.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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US Funding USD $500 Million for Solar Panel Manufacturing in India
The Quad leaders have renewed their commitment to promote a free, open, rules-based order in the Indo-Pacific region, the White House said on Thursday, while emphasising that the US is funding USD 500 million to help American companies manufacture solar panels in India.
- Region
- Asia Pacific
- Tags
- renewable energy
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Ex-Twitter India Head’s Startup to Create Metaverse of Education
Invact Metaversity, founded by former Twitter India head Manish Maheshwari, on Monday announced it has received $5 million in funding led by Antler India.
- Categories
- Education
- Region
- Asia Pacific