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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
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Six New Climate Finance Ideas for a Sustainable Recovery
The Global Innovation Lab for Climate Finance (the Lab) has selected six new climate finance ideas for its 2021 acceleration programme.
- Categories
- Investing
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Viewpoint: Investors are failing African entrepreneurs — it’s time for a change
Despite the global economic slowdown caused by COVID-19, the case for investing in Africa is stronger than ever.
- Categories
- Coronavirus, Energy
- Region
- Sub-Saharan Africa
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