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MyDentist Raises Around $8M From LGT Group, Existing Investors
Mumbai-based Total Dental Care Pvt Ltd, which runs dental care chain under the MyDentist brand, has secured Rs 50 crore (around $8 million) in its Series C round of funding led by LGT Venture Philanthropy, a global impact investing organization founded by LGT and the Princely Family of Liechtenstein.
- Categories
- Health Care, Investing
- Region
- South Asia
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Aavishkaar Raises Rs 500 crore for Foreign Investments
Aavishkaar, India's biggest social entrepreneurship focused venture capital fund, would be investing about Rs 500 crore ($75 million) in start-ups from Pakistan, Bangladesh, Sri Lanka and Indonesia.
- Categories
- Health Care, Investing
- Region
- South Asia
- Tags
- venture capital
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Aavishkaar raises $75 million for foreign investments
Aavishkaar, India's biggest social entrepreneurship focused venture capital fund, will be investing about Rs 500 crore ($75 million) in start-ups from Pakistan, Bangladesh, Sri Lanka and Indonesia.
- Categories
- Investing
- Region
- South Asia
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Profit From a Cause
Making and selling portable toilets? Investors wrinkled their noses when Rajeev Kher, Managing Director of Pune-based Saraplast Pvt Ltd, first sought funds from them in 1999. Sixteen years later, the toilets have been such a success that he is spoilt for choice as he looks for a third round of funding. "My company has been profitable for a long time," he says. "But I will never forget that when I started off, it was Aavishkar which came forward to support me."
- Categories
- Health Care, Investing
- Region
- South Asia
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Viewpoint: Are There Really Too Many Venture Capitalists in Impact Investment?
For years I have heard those involved in impact investment moan about the extent to which experienced venture capitalists (VCs) are “taking over”: bringing values which will destroy the very essence of the movement.
- Categories
- Investing
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DfID Accused of Heightening Inequality Through Support for Private Sector
Report by campaign group Global Justice Now points finger at Department for International Development over private health and education projects.
- Categories
- Education, Health Care, Investing
- Region
- Sub-Saharan Africa
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Once Idealistic, Crowdfunding Is Now an Unholy Hybrid of Retail, Investment, and Risk
Dave Bogaty is a coffee junkie. He exclusively buys his beans from a small-batch roaster in Brooklyn and scouts out local varieties in every new city he visits.
- Categories
- Investing
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‘Do-good’ Companies Can Do Well for Investors, Wharton Researchers Say
Impact investing is a nice idea — and for many critics that’s precisely the problem.
- Categories
- Impact Assessment, Investing
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