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MapMyCrop, Varaha, and Connektra.io Secure Fresh Funding to Drive Innovation
The following startups have announced their latest funding rounds, securing investments to drive innovation and expansion.
- Categories
- Agriculture
- Region
- Asia Pacific
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CreditChek Partners With CredPal to Expand Credit Access Across Africa
CreditChek is positioning itself at the forefront of transforming credit access across Africa.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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Indonesia’s Skor Technologies Raises $6.2 Million in Pre-Series a Funding Led by Argor Capital
The capital raised will be focused on helping the business achieve scale while growing the team with key talents across the organization.
- Categories
- Finance, Technology
- Region
- South Asia
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Kenya’s Hustler Fund Is a Flop. Why President Ruto’s Plan to Loan Money to Entrepreneurs Hasn’t Worked
The Kenya government acted as a micro-lender via the Hustler Fund, which was applauded by the financial inclusion lobby as a way to correct failures in the credit market.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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International Investors Raise $34.5 Million for Digital Finance Firm Serving Indian MSMEs
FlexiLoans seeks to improve access to financial resources for millions of micro and small-scale entrepreneurs who are excluded from traditional lending, because they lack a conventional credit history.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Kredete Raises $2.25 Million to Help African Immigrants Build Credit Score and Make Low-Cost Remittances
Kredete leverages blockchain technology to enable African immigrants to build credit and send money home with low fees, offering a dual benefit that addresses significant financial integration challenges for immigrants.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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Solving the Funding Challenges of Indian MSMEs: The Advantages of Founder-Friendly Non-Dilutive Financing
About 30% of India’s GDP is generated by micro, small and medium enterprises (MSMEs), which provide jobs for more than 110 million people and account for around 50% of the country’s exports. But as Bhavik Vasa at GetVantage points out, a drop in private equity and venture capital investments has led many of these entrepreneurs to shift towards more founder-friendly types of non-dilutive capital. He discusses the funding challenges facing Indian MSMEs, and why alternative forms of non-dilutive financing are uniquely suited to these businesses' needs.
- Categories
- Finance, Investing, Technology
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Wasoko and MaxAB Jump Through Hoops to Complete Africa’s Largest Tech Merger
The deal could reshape B2B e-commerce by consolidating resources and expanding service offerings.
- Categories
- Technology
- Region
- Sub-Saharan Africa