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Vortex Energy Achieves $200 Million First Close For Flagship Fund ‘Vortex Energy IV,’ Targets Investments in Global Energy Transition
Vortex Energy is launching Vortex Energy IV, a new fund to tap into the burgeoning global interest in Energy Transition
- Region
- Global
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Flipkart Valued at $37.6 Billion in New $3.6 Billion Fundraise
Flipkart said it has raised $3.6 billion at a post-money valuation of $37.6 billion in what is widely believed to be the pre-IPO round for the Indian e-commerce conglomerate.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Egypt’s Yodawy Raises $7.5 Million Series B for Its Digital Pharmacy Marketplace
Cairo-based healthtech Yodawy has raised $7.5 million in a Series B round led by Middle East Venture Partners, Global Ventures, and Algebra Ventures.
- Categories
- Health Care, Investing
- Region
- North Africa & Near East
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The Wild West of ESG Reporting: A New Report Finds a Disturbing Lack of Standards and Transparency
Businesses around the globe have been embracing environmental, social and governance (ESG) reporting to demonstrate responsible corporate citizenship and attract investors. But as David A. Fuscus of Xenophon Strategies, Inc. explains, this data is often inconsistently reported and unaudited, and nearly impossible to compare across companies. He shares the results of a recent survey on corporate reporting, and explores how widely used standards and increased transparency could better gauge a company’s actual progress toward more sustainable and responsible practices.
- Categories
- Impact Assessment, Investing
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IFC Provides $150 Million Financing Package to SeABank
To support local businesses and help them make a resilient recovery after the Covid-19 pandemic, IFC is providing a $40 million loan to Southeast Asia Commercial Joint Stock Bank.
- Categories
- Environment
- Region
- South Asia
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Press Release: First Impact Investing Fellowship for Asset Owners and Managers in Asia and Africa
An Africa-Asia Fellowship was created to nurture capital managers and asset owners in becoming impact investing practitioners.
- Categories
- Investing
- Region
- Global
- Tags
- impact investing
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Magic Fund Raises $30 Million, to Give $100 – $300k Checks to Founders in Emerging Markets
MAGIC Fund, a global collective of founders that backs other founders to solve business challenges, has announced a $30 Million Fund II raise to continue backing early-stage startups.
- Categories
- Investing
- Region
- Global
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Press Release: The Gillian & Adrian Schauer Foundation Invest $10 Million in Madiro to Support Transformative Solutions in Global Health
Madiro aims to fuel Healthy Entrepreneurs’ mission to provide basic health services to isolated villages in Uganda, Tanzania, Burundi & Kenya.
- Categories
- Health Care, Technology
- Region
- Global
- Tags
- impact investing
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