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Yale-India Business Accelerator to Promote Innovative Health Solutions
The selected companies will each receive $70,000 in seed capital and mentorship from Yale faculty and alumni, and will benefit from a network of Indian industry experts and structured sessions to help startups evolve into a sustainable and scalable business model, refine their market strategy, and build a sustainable company.
- Categories
- Health Care
- Region
- South Asia
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Startups Trying to Fix Nigeria’s Broken Healthcare System Are Winning Global Investor Interest
Startups identifying gaps in the healthcare delivery value chain across Africa’s most populous country are increasingly winning investor attention and dollars.
- Categories
- Health Care
- Region
- Sub-Saharan Africa
- Tags
- startups, supply chains
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Opera Founded Startup OPay Raises $50m for Mobile Finance in Nigeria
Opera founded OPay in 2018 on the popularity of its internet search engine. Opera’s web-browser has ranked No. 2 in usage in Africa, after Chrome, the last four years.
- Categories
- Finance
- Region
- Sub-Saharan Africa
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India’s NiYO ‘Neo-Bank’ Raises $35m to Help Blue-Collar Workers Access Financial Services
NiYO Solutions serves as a “neo-bank” that relies on traditional financial institutions (Yes Bank and DCB banks, in its case) and offers to customers additional features such as lending and insurance. Blue-collared employees in India (and many other markets) continue to struggle in availing crucial financial services from banks that typically reserve them for the privileged segment.
- Categories
- Finance
- Region
- South Asia
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The Gig Economy is a Double-Edged Sword for Migrant Workers
“It is not that they are paying less to Venezuelans than to Colombians, or that they reduced payments per delivery after the arrival of migrants,” says Cristobal Perdomo, co-founder of Jaguar Venture, a venture capital firm that analysed Rappi’s business in 2016. “What I believe happened is that if they were paying, for instance, 50 pesos per delivery last year or two years ago, they can still pay 50 pesos this year and Venezuelans will keep working for them.”
- Categories
- Technology
- Region
- Latin America
- Tags
- employment, startups
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India’s Open ‘Neo-Bank’ Raises $30 Million to Help Businesses Automate Their Finances
Open operates as a neo-bank that offers nearly all the features of the bank with additional tools to serve the needs of a business.
- Categories
- Finance
- Region
- South Asia
- Tags
- startups
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Indonesia’s KoinWorks Raises $12 Million to Grow Its P2P SME Lending Platform
SMEs have historically struggled with securing loan and other financial services from banks — creating a big opportunity for middlemen lending platforms. KoinWorks operates an online platform that uses machine learning to provide low interest loans to these small and medium sized enterprises.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- startups
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Ethiopia’s Tech Startups Are Ready to Run the World, but the Internet Keeps Getting Blocked
As a heavily regulated market with low internet penetration, young techies in the Horn of Africa nation, he says, already suffer from the negative perception that they couldn’t be where Africa’s next high-tech workforce is nurtured.
- Categories
- Technology
- Region
- Sub-Saharan Africa
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