-
Impact investor Capria announces first close of $100m fund at $40m
Founded in 2015, Capria Ventures operates as a global impact investment firm. It manages venture capital funds and provides seed and early stage capital to start-up fund managers, investing in healthcare, education, financial technology, mobile and consumer, retail and e-commerce, and agriculture sectors.
- Categories
- Investing
-
Microsoft connection: Capria fund, backed by Bill Gates, gets $20M from Paul Allen’s Vulcan
Allen’s investment arm Vulcan Capital committed $20 million to a fund being raised by Capria that will be used to back fund managers in “emerging markets.” Capria is raising $100 million for this fund and has selected the first couple firms it will invest in.
- Categories
- Investing
-
Aavishkaar plans to raise $300 million for South Asia fund
Aavishkaar Group’s eighth fund, which is aiming for a first close by end-2019, will consciously avoid India and China and focus on smaller markets of Vietnam, Indonesia, Myanmar and Laos, among others.
- Categories
- Investing
- Region
- South Asia
-
Press release: OPIC Launches Venture Capital Program with Financing to India-focused Iron Pillar
New venture capital program to invest in later stage venture funds supporting developing economies.
- Source
- Press release
- Categories
- Investing
- Region
- South Asia
-
The Definition of Insanity: Why Repeating the Same Approach to Enterprise Support is Failing Africa’s SMEs
It’s often said that the definition of insanity is doing the same thing over and over again and expecting different results. So in a region where 84 percent of SMEs struggle to access capital, why do investors keep recycling the same failed approaches when financing African enterprises? Mercy Mangeni and Joshua Murima at Intellecap discuss what investors and entrepreneurs have done wrong – and explore some innovative ways their organization is working to make it right.
- Categories
- Entrepreneurship, Finance, Investing
-
Press release: Essmart raises US$1.2M in financing for scaling innovative kirana shop network
Essmart, a last-mile distribution company for socially impactful goods in India, has closed US$1.2M in financing. The round was a mix of equity, debt, and grant funding from elea Foundation for Ethics in Globalization, Partners Group Impact Verein, DEG – Deutsche Investitions- und Entwicklungsgesellschaft MBH, and Swiss Re Foundation.
- Source
- Press release
- Categories
- Investing
- Region
- South Asia
-
Press release: Go Beyond Investing and Bamboo Capital Partners agree strategic partnership
Christopher Rolfe, CEO at Go Beyond Investing, said: “At present, there is an untapped opportunity in the European market to invest in early stage companies that have the potential to grow significantly if given the necessary and appropriately timed investment. Through our partnership with Bamboo, we are aiming to capture these compelling opportunities and to increase the capital available to entrepreneurs."
- Source
- Press release
- Categories
- Investing
- Region
- Europe & Eurasia
-
Africa’s Jumo raises $52M led by Goldman to bring its fintech services to Asia
Jumo launched in 2014 and it specializes in social impact financial products. That means loans and saving options for those who sit outside of the existing banking system, and particularly small businesses. it claims to have helped nine million consumers across its six markets in Africa and originated over $700 million in loans.
- Categories
- Finance
- Region
- Sub-Saharan Africa
Parent Organization
