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Digital Lending Platform KreditBee Secures $75 Million in Series C
Bangalore-based digital lending startup KreditBee has raised US$75m in a Series C funding round, with participation from Premji Invest and others
- Categories
- Entrepreneurship, Technology
- Region
- Asia Pacific
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SEED Awards 2021
Applications are now open until March 22 for SEED Awards 2021, for innovative small and growing businesses delivering environmental, social and economic impacts.
- Categories
- Investing
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India Cuts Internet Around New Delhi as Protesting Farmers Clash With Police
Internet access remained blocked Monday in several districts of a state bordering India's capital following violent weekend clashes between police and farmers protesting controversial agricultural reforms.
- Categories
- Agriculture
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Viewpoint: Fintech Regulations, Financial Stability, and Data Privacy in India: So, What Is the Path to Go Forward?
In a recent development, the Delhi High Court received a Public Interest Litigation (PIL) from an applied economist, Reshmi P Bhaskaran, seeking to regulate the entry and operations of ‘TechFin’ platforms. Inter alia, the PIL asked the High Court to help develop a regulatory framework around the TechFin industry, also popularly known as the FinTech domain. Since then, the High Court has sought replies from various stakeholders, including the Ministry of Law, Ministry of Finance, RBI, SEBI, and NPCI regarding this issue.
- Categories
- Finance, Technology
- Region
- South Asia
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World Bank Group to Deploy $160 Billion for COVID-19 Interventions
The Bank expects to deploy up to $160 billion over 15 months through June 2021 to support countries’ responses to COVID-19.
- Categories
- Coronavirus
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Covid-19: Africa Secures About 300 Million Vaccine Doses
300 million doses are being secured independently of the global COVAX effort aimed at distributing Covid-19 vaccines to lower-income countries.
- Categories
- Coronavirus
- Region
- Sub-Saharan Africa
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SME Health Providers in Five African Countries Get US $30 Million Funding From Health Finance Coalition
Private and small- and medium enterprise (SME) health providers in five high malaria burden African countries are set to benefit from a new emergency loan guarantee facility of more than USD$30 million under the Open Doors African Private Healthcare Initiative
- Categories
- Coronavirus, Health Care
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SEC vs Chaka: Regulation May Be Coming to Nigeria’s Investment-Tech Platforms
The consumer side of Nigerian fintech is full of new activity. Digital lenders offer loans in minutes, cryptocurrency first-movers abound, and startups are helping users invest in reliable financial assets.
- Categories
- Entrepreneurship, Investing
- Region
- Sub-Saharan Africa
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