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Press Release: Unite Us Announces It Has Raised $150 Million to Scale Nationwide Social Care Infrastructure
Unite Us, an enterprise technology company providing the digital infrastructure to power the integrated health and social care ecosystem, today announced that it has raised $150 million in a Series C financing led by ICONIQ Growth. The investment follows a record performance in 2020 for Unite Us that saw it expand into 42 states, including 16 new statewide networks, driving cross-sector coordination and improved health in community-based settings.
- Categories
- Health Care, Investing, Social Enterprise
- Tags
- impact investing, scale
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1.3% Isn’t Enough: The Case for More Diversity in Investment Fund Management
Fund managers play an important part in both traditional and impact investing, helping to set development priorities by leveraging capital. But as Sagar Tandon of Moonshot Ventures points out, women and minority-led funds account for just 1.3% of the $69 trillion investment industry in the United States – even though they perform better than funds managed by white men. He explains how greater diversity in fund management could benefit both investors and enterprises, while gradually introducing an impact focus to mainstream investing.
- Categories
- Investing
- Tags
- impact investing, SDGs
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Indifi Secures $5 Million Debt Funding From IndusInd Bank
Gurugram-based online lending platform Indifi Technologies—enabling credit for small businesses—on Monday announced $5 million debt financing from IndusInd Bank Ltd, with a guaranty from US International Development Finance Corporation (DFC).
- Categories
- Coronavirus, Investing, Technology
- Region
- Asia Pacific
- Tags
- impact investing, MSMEs
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Press Release: DFC Approves New Investments to Advance Sustainable Economic Development, Respond to COVID-19, and Advance Gender Equity
The U.S. International Development Finance Corporation (DFC) Board of Directors at its quarterly meeting approved a $300 million investment that will advance inclusive economic development in Brazil. DFC approved 19 other sub-Board investments totaling nearly $350 million since its last quarterly Board meeting in December, advancing a total of $650 million in investments to support development impact, respond to the impacts of COVID-19, increase renewable energy and strengthen gender equity around the world.
- Categories
- Investing
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Singapore’s Temasek Allots $500 Million for Impact Investing in LeapFrog Tie-Up
Singapore’s Temasek Holdings is committing $500 million to a partnership with private equity firm LeapFrog Investments, in what both companies said was the largest ever commitment to an impact investor.
- Categories
- Investing, Social Enterprise
- Region
- South Asia
- Tags
- impact investing
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Google Unveils $25 Million Global Grant for NGOs, Social Enterprises Working on Women Empowerment
Google.org, the philanthropic arm of the tech giant, on Monday said it will provide $25 million in grants to non-profits and social enterprises globally, including in India, that are working on empowering girls and women.
- Categories
- Investing, Social Enterprise
- Region
- Asia Pacific
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Press Release: DFC Promotes Gender Equity in Financing Across India With $50 Million Investment
U.S. International Development Finance Corporation (DFC) today announced the second disbursement of a $50 million loan to Northern Arc Capital to expand access to loans in several priority sectors across India.
- Region
- Asia Pacific
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Provivi Gets $10 Million From Gates Foundation for Insect Control
The crop protection start-up Provivi has received a $10 million investment from the Bill & Melinda Gates Foundation to produce pheromone-based insect control technology for smallholder farmers in developing countries.
- Categories
- Agriculture, Technology