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Hyderabad based Solar Startup Cygni Energy Raises $6.4 Mn in Funding led by Endiya Partners
The funds will help the startup in expanding capacity, strengthening R&D capabilities and increasing market reach.
- Categories
- Energy
- Region
- South Asia
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Press release: FINCA International launches FINCA Ventures, an impact investing initiative
FINCA Ventures reflects FINCA International’s commitment to advancing market-led innovations supporting the world’s poor. By linking access to finance with access to basic services, FINCA Ventures can help increase the quality of life and productivity of FINCA’s global customer base, and create opportunities to extend financial inclusion by developing new financial products and services for unbanked and under-banked families.
- Source
- Press release
- Categories
- Investing
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Press release: Mines Secures $13M Series A to Grow Digital Credit Platform for Emerging Markets
"There are more than 3 billion adults globally without access to credit. Our vision is that every one of them will have instant access to credit in the next 10 years." explains Ekechi Nwokah, Mines CEO. "We believe the best way to realize this vision is to partner with banks, retailers and mobile operators and power digital credit products tailored to their markets so they can create the customers of tomorrow, today.”
- Source
- Press release
- Categories
- Finance
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Offering a white-labeled lending service in emerging markets, Mines raises $13 million
Emerging markets credit startup Mines.io has closed a $13 million Series A round led by The Rise Fund, the global impact fund formed by private equity giant TPG, and 10 others, including Velocity Capital.
- Categories
- Finance
- Region
- Sub-Saharan Africa
- Tags
- fintech, lending, venture capital
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Experian leads USD 28 mln investment to drive financial inclusion across Southeast Asia
Experian has led a USD 28 million Series C investment in C88 Financial Technologies Group(C88) to drive financial inclusion in Southeast Asia.
- Region
- Asia Pacific
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This Guide Helps Emerging Market Entrepreneurs Overhaul Their Human Capital Strategies
“We knew this was a problem, we just didn’t have a solution,” says Rachel Crawford, innovation manager for emerging markets at Village Capital. “The challenge offered us the chance to explore what it could look like.”
- Categories
- Investing
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Stop Looking for the Next ‘Uber for X’ and Start Changing the World
The paradigm of the Silicon Valley "tech bro" pioneering the next "Uber for (whatever)" has become a cliché. Its ubiquity is a distraction, says Alex Amouyel of MIT Solve – one that excludes social innovators from much-needed funding and keeps those with capital from making real change through their investments. Instead of looking for the next unicorn and quick exit, she argues, investors should expand their definition of “venture-backable” entrepreneurs to include those driving transformative, mission-driven impact.
- Categories
- Social Enterprise, Technology
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Press release: Tulaa closes seed round of investment
Four out of five African families depend on agriculture for their livelihoods, but lack of access to quality inputs, affordable finance and reliable markets keep many of them trapped in a cycle of poverty. To solve these problems, Tulaa leverages mobile technology and artificial intelligence to enable farmers to purchase inputs on credit and to market their crops efficiently at harvest time.
- Source
- Press release
- Categories
- Agriculture
- Region
- Sub-Saharan Africa