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Wells Fargo Selects Clean Technology Startups for Innovation
$10 million program to help four winning companies develop energy-efficient smart glass, cooling, battery and smart metering technologies.
- Categories
- Energy, Environment, Technology
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Study: Large Majority of Ultra-High Net Worth Investors Don’t Take Social Impact Into Consideration
Younger wealthy investors have a greater interest in socially responsible investments than older investors.
- Categories
- Impact Assessment
- Tags
- impact investing
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Indian Mobile Wallet Leader MobiKwik Raises Close to $25 Million in Funding, Targets Another $100 Million By End of 2015
Mobile wallet company, MobiKwik, which has over 15 million users and 25,000 merchants, has announced that it raised close to $25 million in a Series B round led by Tree Line Asia. Cisco Investments, American Express and the existing investor, Sequoia Capital were part of the fund raising drive.
- Categories
- Technology
- Region
- South Asia
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African Hub Set Up to Boost Research Autonomy
African scientists look set to gain greater control over research in their own countries, if an ambitious plan for a regional hub to award grants and develop research capacity bears fruit.
- Categories
- Education, Health Care
- Region
- Sub-Saharan Africa
- Tags
- impact investing, research
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MIT Alum Hopes to Spread Tech-Boom Excitement in Young, Increasingly Connected Middle East
Some of the Middle East’s most promising entrepreneurs and deep-pocketed investors gathered at the Habtoor Grand Hotel here last month for the sixth edition of the ArabNet Digital Summit, one of the largest forums for the Middle East’s burgeoning startup industry.
- Categories
- Technology
- Region
- North Africa & Near East
- Tags
- impact investing
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Rajasthan’s Karma Healthcare Bags Funding to Bring Telemedicine to Villages
Indian rural healthcare startup Karma Healthcare has raised an undisclosed amount in pre-series A round from impact fund Ankur Capital and an unnamed international VC firm.
- Categories
- Health Care
- Region
- South Asia
- Tags
- impact investing
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How to Stop Worrying and Love the Asian Infrastructure Investment Bank
China launched the Asian Infrastructure Investment Bank (AIIB) in October of 2014 and has met with nothing but opposition from the United States. Officially, the objection cited by the United States is a lack of clarity about AIIB’s governance, as well as concerns about whether the AIIB will adhere to strict environmental and labor standards in its operations. It is clear, however, that U.S. opposition also derives from fears that the AIIB — spearheaded by China and part of China’s “New Silk Road” strategy — will diminish U.S. leadership in the region.
- Categories
- Uncategorized
- Region
- South Asia
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Heifer Awarded $750,000 From Starbucks Foundation to Support Coffee Farmers in Tanzania
Heifer International was awarded a Starbucks Foundation grant of $750,000 to help fund the Mbozi Farmer Livelihood Improvement Project in Tanzania, which will help improve livelihoods and quality of life for smallholder coffee growing communities in the East African country.
- Categories
- Agriculture, Environment
- Region
- Sub-Saharan Africa
- Tags
- impact investing
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