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Social enterprises increasingly getting more capital, from impact and venture capital funds
GoCoop now has 250 cooperatives on its ecommerce platform and B2B customers include the likes of Levi's and Reliance Retail. While Devireddy used his savings of 10 years and funds from his colleagues to get his dream project off the ground, the startup later raised seed funding and is currently in the process of closing its Series A round of funds, both from impact investors.
- Categories
- Investing
- Region
- South Asia
- Tags
- impact investing
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Ebay Philanthropist Funds ‘Cryptocomplex’ Cash for Central Banks
Central banks around the world say they want to drive financial inclusion, especially since telecoms operators have provided them with an object lesson in how this can be done with digital money.
- Categories
- Investing
- Region
- Sub-Saharan Africa
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Zephyr Peacock, Omidyar Network invest Rs 100 Crore in Swarna Pragati
Bengaluru-based private equity funds Zephyr Peacock and Omidyar Network have picked up about 15 per cent stake in housing microfinance firm Swarna Pragati for about Rs 100 crore, people close to the development said.
- Categories
- Investing
- Region
- South Asia
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Why Silicon Valley is failing when it comes to social impact investing
Lately there is a lot of buzz in Silicon Valley about social impact investing. Startup executives and venture capitalists with an earnest gleam in their eyes increasingly talk about using hi-tech to make the world a better place for everyone — rather than just vying for the multimillion-dollar exit. It sounds great in principle, but when it comes to social entrepreneurship, how many Silicon Valley investors are actually willing to put their cold hard cash on the line?
- Categories
- Investing, Technology
- Region
- North America
- Tags
- impact investing
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Is There A Funding Gap in Impact Investing?
Are you a young professional? Want to start investing in companies that inspire you? You don’t need loads of money to be an investor. Just the right tools and mindset, according to this startup.
- Categories
- Impact Assessment, Investing
- Tags
- impact investing
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Fintech’s Five Emerging Powerhouse Markets Are At A Crossroads
Accenture has warned local banking communities in Asia to wake up: It took just nine months for investment in the region’s non-banking fintechs to quadruple from 2014’s $880 million to $3.5 billion.
- Categories
- Investing, Technology
- Region
- South Asia
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After $19M equity round, Kenya’s M-Kopa is set to deliver solar power to a million homes
This month the company closed a $19 million financing round led by Generation Investment Management, and revealed plans to reach one million homes in East Africa by the end of 2017.
- Region
- Sub-Saharan Africa
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U.S.-Based eClinicalWorks to Invest $30 Million in India
U.S.-based healthcare IT firm eClinicalWorks will invest $30 million as part of its expansion plans for the digital healthcare market in India.
- Categories
- Health Care, Investing, Technology
- Region
- South Asia
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