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PRESS RELEASE: Omidyar Network leads Series B funding in Cignifi
Cignifi, which has developed a platform to provide credit and marketing scores for people using mobile phone behavior data, has closed a Series B funding round led by existing investor Omidyar Network.
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Governments must do more to grow impact investing – G8 taskforce chair Cohen
Governments need to create policies that help to accelerate the growth of investing for profit and social good, the head of a task force set up by the world's richest nations to boost impact investing said.
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- impact investing
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Creating Opportunities: Study to give an in-depth look at women-led businesses, and how to support them
Research shows women spend a greater share of their income on education and health for the family than men, and are more likely to invest in their communities. However, women entrepreneurs face many barriers that men don’t. An upcoming study will detail those barriers and how to lower them.
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- Education
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NexThought Tuesday – Debt is Good: Especially when it helps sustainably fund public health budgets in low-income countries
A new entity, the health bond, is a way to leverage the mountains of African sovereign debt coming to market over the foreseeable future, potentially raising additional funding to support public health.
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- Health Care
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Unitus raises funds for India from global foundations
BANGALORE: Seed-stage impact investor Unitus Seed Fund has raised $7 million in fresh funding from a clutch of institutional and individual investors taking the total fund size to $20 million.
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- South Asia
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Unitus Seed Fund Has Raised USD 20 Million From Investors
New investors in India’s most active Micro VC impact fund demonstrate that commercial and philanthropic investors are drawn to impact investing
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PRESS RELEASE: At SOCAP 14, Unitus Seed Fund launches its India Impact Acceleration Program
September 2, 2014: San Francisco. Today at SOCAP 14, Unitus Seed Fund launched its India Impact Acceleration Program to help improve and accelerate the early-stage impact startup ecosystem across India in three ways: by increasing connections facilitated through “startup scouts” operating across India, working with leading incubators to help create more “venture capital-ready” startups that target low-income populations, and offering financial assistance to startups that make use of our existing Venture Advisor and Catapult Partner networks.
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- South Asia
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Weekly Roundup 8/29/14 – Getting In While the Getting’s Good: Why the Bain Capital, TOMS deal could be the first of many
Going into the Social Capital Markets Conference (SOCAP14) next week, Bain Capital’s 50 percent purchase of TOMS Shoes for a reported $300 plus million was reverberating throughout social media. Most of the reactions in the impact investing community were positive, although many continued to question buy-one, give-one, model.
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