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Analysis: A Swedish Nonprofit Is Creating the Largest Startup Hub in East Africa
In one of its newest enterprises, the nonprofit is building the largest startup hub in east Africa, in Rwanda’s capital, Kigali.
- Categories
- Environment, Investing, Social Enterprise
- Region
- Sub-Saharan Africa
- Tags
- impact investing, startups
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Analysis: Indonesia’s Innovative Startups Are the Catalyst for Increasing Investment
In recent years, the explosive growth of Indonesia’s startup scene has grabbed global headlines. Its capital city, Jakarta, ranks third on Startup Genome’s 2021 “Emerging Ecosystems” with a combined startup valuation of USD 34 billion.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- innovation, startups
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Startup Propelld Gets $35 Million in Funding
Propelld, an education-focused fintech platform, has raised $35 million from WestBridge Capital, as also from existing investors Stellaris Venture Partners and India Quotient, Founded by IIT Madras trio of Bibhu Prasad Das, Victor Senapaty and Brijesh Samantaray in 2017, Propelld has tied up with over 550 educational institutes and is currently clocking an annual loan disbursal run rate of Rs 600 crore.
- Categories
- Education, Finance, Technology
- Region
- Asia Pacific
- Tags
- startups
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Remedial Health Raises $1 Million Pre-Seed Funding to Digitise Africa’s Neighbourhood Pharmacies
Remedial Health, a healthtech startup that develops solutions to make Africa’s pharmaceutical sector more efficient, says it has raised $1 million in pre-seed funding.
- Categories
- Health Care, Social Enterprise, Technology
- Region
- Sub-Saharan Africa
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Press Release: Trace Finance Announces $4.3 Million Seed Investment to Disrupt Global Banking for Latin American Startups
Trace Finance, a Brazilian fintech startup that enables faster and more streamlined cross-border banking for startups, has announced a $4.3 million seed funding round.
- Region
- Latin America
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Andalin Nets US $4 Million to Foray into Trade Financing, Cargo Insurance, SaaS Freight Management
Indonesian digital freight forwarder Andalin has said it secured US$4 million financing in a round led by Intudo Ventures.
- Categories
- Technology
- Region
- South Asia
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Thai Lender Siam Commercial Bank Invests $100 Million in Indonesia’s Akulaku
Thailand's Siam Commercial Bank Pcl announced a $100 million investment in Indonesian fintech startup Akulaku, as part the bank's expansion overseas and into technology.
- Categories
- Finance, Investing, Technology
- Region
- South Asia
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Nigerian Healthtech Startup Reliance Health Raises $40 Million Led by General Atlantic
The pandemic has accelerated the use of telemedicine, virtual care and drug delivery, thus fuelling investor interest in the sector.
- Categories
- Health Care, Technology
- Region
- Sub-Saharan Africa
- Tags
- startups
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