-
Indonesia’s Wagely Nets Additional $8.3 Million in Oversubscribed Pre-Series A Funding
Wagely, an Indonesia-based earned wage access (EWA) platform, said Tuesday it has raised $8.3 million in an oversubscribed pre-series A funding as the company scales its platform to help workers access their earned salaries.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- financial inclusion, scale
-
Edtech Startup Filo Raises $23 Million in Funding Led by Anthos Capital in India
The edtech startup plans to use the fresh capital for product development, expanding the team, tapping new categories, and scaling its tutor base across the country.
- Categories
- Education, Technology
- Region
- Asia Pacific
-
Insuring the Next 400 Million in India: Why the Mutual Insurance Model Presents a Clear Path to Scale
COVID-19 has had a devastating impact on India’s healthcare system, causing challenges ranging from a lack of medical oxygen to limited hospital capacity. But as Payal Agarwal at Uplift Mutuals explains, the pandemic has also brought to light the inadequate insurance infrastructure in the country, which accounts for almost 18% of the world's population but only 1.72% of the global insurance market. She shares the results of a new report exploring the potential of mutual and cooperative insurance to close that gap in India, and discusses how this model can be scaled.
- Categories
- Finance, Health Care
-
Rethinking the Role of Business in Conservation: Why Small Local Enterprises are Key to Biodiversity and Climate Action
Climate change mitigation and adaptation are a key focus of attention in the global development sector. But according to Julia Rohe-Frydrych and Luis Ebert at adelphi, these discussions tend to overlook the conservation of the planet’s biodiversity, and they often fail to envision a role for the private sector that goes beyond providing climate finance. They argue that climate change and biodiversity loss are two sides of the same coin, and explore the importance of empowering local businesses that profit from the protection or restoration of nature.
- Categories
- Environment, Impact Assessment
-
South Africa Fintech Clickatell Wins $91 Million in its Latest Round of Funding
Clickatell, a Cape Town-founded and California-based fintech firm, CPaaS innovator and creator of the Chat Commerce platform announced it has secured $91-million in its latest Series C round of funding.
- Categories
- Finance, Technology
- Region
- Sub-Saharan Africa
-
African Development Bank Group Commits $164 Million to Promote Renewable Energy In Nigeria, 5 Other Countries
Nigeria is among five other African countries that will benefit from the African Development Bank Group (AfDB) Leveraging Energy Access Finance Framework (LEAF).
- Categories
- Energy
- Region
- Sub-Saharan Africa
- Tags
- renewable energy, scale
-
Husk Power Systems Secures Largest-Ever Debt Finance for Solar Microgrids in Rural India, Receiving $4 Million from IREDA to Construct 140 Microgrids
Husk Power Systems, the rural clean energy services leader in Africa and Asia and operator of the largest fleet of solar energy community microgrids in India, today announced the successful close of $4.2 million debt financing from the India Renewable Energy Development Agency (IREDA) Ltd.
- Categories
- Energy
- Region
- Global
- Tags
- rural development, scale, solar
-
Innovations in E-Mobility: An Electric Vehicle Startup Seeks to Gain Traction in Mexico
Mexico City is the fifth most populated city in the world – and the most congested city in North America. Over the years, traffic and pollution levels have spurred government efforts to improve mobility in the city. But momentum is also building in the private sector, as illustrated by the startup Zacua, Mexico's first electric vehicle brand. Diana Páez at the William Davidson Institute spoke with Nazareth Black, Zacua’s CEO and a prominent e-Mobility advocate, to learn more about the company’s efforts to accelerate the adoption of e-Mobility solutions in the country.
- Categories
- Energy, Technology, Transportation