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Indonesia-Based Agritech Startup Semaai Raises $1.25 Million in Pre-Seed Round Led by Sequoia Surge, Beenext
While Semaai primarily operates in Central Java, Indonesia, a large part of the funding will be channelled into expanding the startup’s engineering and product teams in India.
- Categories
- Agriculture, Technology
- Region
- Asia Pacific
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Innovations in E-Mobility: An Electric Vehicle Startup Seeks to Gain Traction in Mexico
Mexico City is the fifth most populated city in the world – and the most congested city in North America. Over the years, traffic and pollution levels have spurred government efforts to improve mobility in the city. But momentum is also building in the private sector, as illustrated by the startup Zacua, Mexico's first electric vehicle brand. Diana Páez at the William Davidson Institute spoke with Nazareth Black, Zacua’s CEO and a prominent e-Mobility advocate, to learn more about the company’s efforts to accelerate the adoption of e-Mobility solutions in the country.
- Categories
- Energy, Technology, Transportation
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DEG Backs Two African Funds with $41 Million
DEG’s funding will provide growth capital to support African businesses in their pursuit to expand and densify the digital infrastructure for Africa’s ongoing digital transformation.
- Categories
- Investing, Technology
- Region
- Sub-Saharan Africa
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Apollo Hybrid Value to Invest $125 Million in Hero FinCorp, One of India’s Fastest Growing Non-Bank Financial Companies
Apollo announced that funds within its Hybrid Value strategy have committed to invest $125 million in Hero FinCorp Limited.
- Region
- Asia Pacific
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Clikalia Clicks on $86 Million to Expand its iBuyer Marketplace Across Europe and Latin America
Clikalia, another player in the so-called iBuyer space, has raised $86 million to take that model to markets in Europe and Latin America.
- Categories
- Investing
- Region
- Latin America
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Kenyan Tech-Enabled Logistics Platform Amitruck Raises $4 Million, Embarks on Uganda, Tanzania Expansion
Amitruck, a Kenyan tech-enabled logistics platform, is one such provider of solutions that streamline the shipping market.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Redefining the Corporate Value Chain: How Social Procurement Can Benefit Both Corporations and Social Businesses
The challenges of scale and the need for greater corporate involvement are perennial topics of discussion in the social business sector. But according to Lucie Durand and Daniel Nowack at Yunus Social Business, both of these challenges can be addressed through social procurement – the practice of integrating social businesses into corporate value chains. They discuss how this strategy can harness corporations' buying power to scale social enterprises, and share insights from a how-to guide for industry practitioners interested in social procurement.
- Categories
- Social Enterprise
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Sequoia-Backed Darwinbox Turns Unicorn With $72 Million Funding
Sequoia Capital India-backed enterprise human resources (HR) management platform Darwinbox has raised $72 million as a part of its Series D funding round.
- Categories
- Technology
- Region
- Asia Pacific
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