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Global VC Firm Learn Capital Leads USD $16.5 Million Round in Bengaluru-Based Edtech Teachmint
The year-old company competes with startups like Teacherr, ODA Class, eduZilla, SkoolApp, and Classplus among others.
- Categories
- Education
- Region
- Asia Pacific
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Adapting to Survive: New Study Reveals the Importance of Digital Payments to Small and Micro Businesses in Mexico
An estimated 95% of businesses around the world are micro, small and medium enterprises, and they've been hit particularly hard by the COVID-19 crisis. Devin Olmack and Ashley Speyer at 60 Decibels discuss a new study of 750+ small and micro businesses owners in Mexico, which illustrates how digital payments can help these businesses grow and weather unpredictable storms like the pandemic. They share personal stories of small business owners who have benefited from digital payment systems, and detail some remaining obstacles and opportunities for growth.
- Categories
- Coronavirus, Finance
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Amazon Announces $250 Million Venture Fund for Indian Startups
Amazon on Thursday announced a $250 million venture fund to invest in Indian startups and entrepreneurs focusing on digitization of small and medium-sized businesses (SMBs) in the key overseas market.
- Categories
- Entrepreneurship
- Region
- Asia Pacific
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When Economies Turn Down, Entrepreneurs Turn Up: How COVID-19 Has Spurred Nigerian Businesses to Build for an Inclusive Future
The COVID-19 crisis has devastated lives and livelihoods around the world. But as Eloho Omame at Endeavor points out, it has also re-shaped economies in more positive ways, revealing businesses' weak spots, areas for improvement and inefficient processes. She explores the impact this is having on Nigeria’s innovation ecosystem, where entrepreneurs have built or adapted business models that have saved lives, created jobs, and contributed to economic prosperity and the digitization of the economy.
- Categories
- Coronavirus, Entrepreneurship
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Lake Turkana Wind Power to Take Full Advantage of Digitization
Software as a service company Clir Renewables has today announced a partnership agreement with the Kenyan-based Lake Turkana Wind Power (LTWP).
- Categories
- Energy
- Region
- Sub-Saharan Africa
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The Big Impact of Small Improvements: How Last-Mile Distributors Have Responded to COVID-19 with ‘Incremental Innovation’
Distributing beneficial products in last-mile communities has always been difficult, but COVID-19 has made it much harder, exacerbating many of the challenges that last-mile distributors were already facing. Emma Colenbrander and Gerwin Jansen at the Global Distributors Collective explore innovative solutions to some of these challenges, many of which have tended to be incremental rather than radical.
- Categories
- Coronavirus, Entrepreneurship, Technology
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A Boon for Online Commerce: How COVID-19 is Transforming the Industry in Bangladesh
COVID-19 has been merciless to the world and its economy in general. But according to analysts at MicroSave (MSC), it has boosted a few sectors – like digital/contactless payments, e-commerce and Facebook commerce (or f-commerce). They explore how the pandemic is accelerating the online commerce industry in Bangladesh, and how regulators and other stakeholders can support its growth.
- Categories
- Coronavirus, Finance, Technology
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Digitisation of Remittances Can Support Africa’s Economic Recovery
Across the continent, where tourism and hospitality have come to a grinding halt, thousands of jobs have been lost in both the formal and informal sectors. Amidst this gloomy narrative, a shining light has been the formidable resilience of remittance flows into African markets after the initial shock of the pandemic and national lockdowns.
- Categories
- Coronavirus, Finance
- Region
- Sub-Saharan Africa
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