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Press Release: USAID Provides An Additional $1.2 Million and New Private Sector Partnership for Clean Energy In Papua New Guinea
The mini-grid will connect at least 800 households and 30 businesses to electricity in Papua New Guinea.
- Categories
- Energy
- Region
- Asia Pacific
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Mixi Launches $50 Million CVC to Invest in India’s Entertainment Startups
The company plans to use 30-50 billion yen ($200-350 million) for mergers and acquisitions, and capital and business partnerships globally by FY25.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Vistaar Finance to Raise $50 Million in Debt Financing from US DFC
DFC’s support is expected to assist Vistaar in expanding its secured MSME lending portfolio in India.
- Categories
- Finance
- Region
- Asia Pacific
- Tags
- financial inclusion, MSMEs
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India’s Rice Export Ban to Hurt Millions Globally. These Countries Will Be the Worst Hit
The government is seeking to tame surging domestic food prices and “ensure adequate domestic availability at reasonable prices.”
- Categories
- Agriculture
- Region
- Asia Pacific
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Mufin Green Finance Raises $1 Million From Shell Foundation
The funding is aimed at catalyzing commercial debt by enabling Mufin to leverage approximately $40-60 million debt over five years.
- Categories
- Energy, Technology, Transportation
- Region
- Asia Pacific
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Amazon Commits to Invest $26 Billion in India
The financial commitment encompasses fostering startups, creating job opportunities, enabling exports, and empowering individuals and small businesses to compete on the global stage.
- Categories
- Investing, Technology
- Region
- Asia Pacific
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Mobile Money Carrier Nagad Becomes First Fintech Unicorn in Bangladesh
Nagad, a mobile money carrier based in Bangladesh, has emerged as a unicorn startup, becoming the fastest in Bangladesh.
- Categories
- Finance, Technology
- Region
- Asia Pacific
- Tags
- fintech, mobile finance, startups
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Auxilo Finserve Snags $57 Million From Tata PE Fund, Xponentia, Others
Founded in 2017, Auxilo Finserve provides loans to students for pursuing education in India or overseas.
- Region
- Asia Pacific
- Tags
- lending