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Indifi Secures $5 Million Debt Funding From IndusInd Bank
Gurugram-based online lending platform Indifi Technologies—enabling credit for small businesses—on Monday announced $5 million debt financing from IndusInd Bank Ltd, with a guaranty from US International Development Finance Corporation (DFC).
- Categories
- Coronavirus, Investing, Technology
- Region
- Asia Pacific
- Tags
- impact investing, MSMEs
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Press Release: DFC Announces Support for Manufacturing of Vaccines During Quad Summit
U.S. International Development Finance Corporation (DFC) today announced it will work with Indian manufacturer Biological E Ltd. to finance increased capacity to support Biological E’s effort to produce at least 1 billion doses of COVID-19 vaccines by the end of 2022 with Stringent Regulatory Authorization (SRA) and/or World Health Organization (WHO) Emergency Use Listing, including Johnson & Johnson vaccines.
- Categories
- Coronavirus
- Region
- Asia Pacific
- Tags
- gender lens, vaccines
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Facebook to Provide Grants to Four Women-Led NGOs
Facebook will provide grants to four early-stage women-led NGOs through Facebook Pragati that will focus on boosting women entrepreneurship through the adoption of digital skills and tools.
- Categories
- Uncategorized
- Region
- Asia Pacific
- Tags
- NGOs, startups, women entrepreneurs
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Svasti Microfinance Raises $4.2 Million
Svasti Microfinance Private Limited (Svasti), an RBI Licensed MFI, has raised a total of INR 310 million from its existing investors Adar Poonawalla, Nordic Microfinance Initiative (NMI) and Rajiv Dadlani Group.
- Categories
- Finance
- Region
- Asia Pacific
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India Is Turning to ‘Green Hydrogen’ in a Bid to Decarbonize Its Economy
India’s newfound focus on “green hydrogen” has received a boost, with a new collaboration between two firms aiming to install production facilities in the state of Tamil Nadu.
- Categories
- Energy, Environment
- Region
- Asia Pacific
- Tags
- renewable energy
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Google Unveils $25 Million Global Grant for NGOs, Social Enterprises Working on Women Empowerment
Google.org, the philanthropic arm of the tech giant, on Monday said it will provide $25 million in grants to non-profits and social enterprises globally, including in India, that are working on empowering girls and women.
- Categories
- Investing, Social Enterprise
- Region
- Asia Pacific
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Press Release: DFC Promotes Gender Equity in Financing Across India With $50 Million Investment
U.S. International Development Finance Corporation (DFC) today announced the second disbursement of a $50 million loan to Northern Arc Capital to expand access to loans in several priority sectors across India.
- Region
- Asia Pacific
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Press Release: Kinara Capital Secures 7 Million From IIX’s Women’s Livelihood Bond Series for HerVikas Discounted Loan Program for Women Entrepreneurs
Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- financial inclusion, MSMEs