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Analysis: COVID Accelerates India’s Millionaire Exodus
India's wealthy have topped a list of people seeking to relocate abroad through visa programs that offer citizenship or right of residence in other countries in return for investments.
- Categories
- Coronavirus, Investing
- Region
- Asia Pacific
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Vedantu Acquires Instasolv, a Doubt-Solving App – the Latest in Buzzing EdTech Acquisitions in India
Indian online tutoring startup Vedantu has acquired Instasolv, a doubt-solving app – marking its first acquisition in the buzzing educational technology space. While the details of the deal remain undisclosed, Vedantu had also invested $2 million in Instasolv in July 2020.
- Categories
- Education, Technology
- Region
- Asia Pacific
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Investment for Women-Led Businesses is Missing Ingredient in African Entrepreneurship
Women make up 58% of African’s self-employed population, yet there are still significant imbalances between opportunities to scale, access to funding and training between men and women-led businesses on the continent.
- Categories
- Entrepreneurship
- Region
- Sub-Saharan Africa
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Volta Energy Technologies Raises Over $90 Million of a Targeted $150 Million Fund to Back Energy Storage Startups
As the transition away from internal combustion engines and hydrocarbon fuels begins in earnest, companies are scrambling to drive down costs and improve performance of battery technologies that will be necessary to power millions of electric cars and store massive amounts of renewable energy that still needs to be developed.
- Categories
- Energy, Technology
- Tags
- energy, investment, startups, technology
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Analysis: What’s Ahead? Southeast Asia Startup and Venture Capital Ecosystems 2021
Venture Capitalists (VCs) believe in capitalizing on disruptive innovation and developing technologies to displace older technologies, create new markets, and prepare the world for unexpected situations (e.g., global pandemics)–even if not all the startups and industries that VCs invest in may do so.
- Categories
- Investing, Technology
- Region
- South Asia
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Nigeria’s Daystar Power Secures US $38 Million Series B Investment Led by IFU
The round was led by the Investment Fund for Developing Countries (IFU), the Danish development finance institution (DFI). IFU is joined by new investors STOA, a French impact infrastructure fund, Proparco, the French DFI, backed by a guarantee from the European Union under the African Renewable Energy Scale-Up facility (ARE Scale-Up) and Morgan Stanley Investment Management.
- Categories
- Energy
- Region
- Sub-Saharan Africa
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Analysis: China Investors Rethink Market Risk After Ant’s Scuppered IPO
Lure of big returns remains despite unwelcome reminder of Beijing's power
- Region
- Asia Pacific
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Interview: Rwanda Harnesses Technology to Fight COVID-19, Drive Recovery
In a conversation with IMF Country Focus, Rwanda’s Minister of State in Charge of National Treasury Richard Tusabe explains how his government is leveraging technology and grass-roots networks to fight the spread of COVID-19 and ensure financial support for households and businesses.
- Categories
- Coronavirus, Technology
- Region
- Sub-Saharan Africa
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