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Carro Becomes Unicorn Following $360 Million Series C Raise, Plans to Go Public in 18-24 Months
Carro, a subscription-based service that allows customers to drive a car without the hassle of owning it, has plans to enhance its portfolio of financial services by expanding beyond in-house loan financing, as well as accelerate the development of its AI capabilities.
- Categories
- Finance
- Region
- South Asia
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Coca-Cola Partners with PBSP, PLAF to Collect, Recycle Plastic Packaging
Plastic waste pollution continues to be a growing problem in the Philippines and the world as millions of tons of plastic end up in our oceans, endangering marine life and contributing to climate change.
- Categories
- WASH
- Region
- South Asia
- Tags
- recycling
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10 Financial Literacy Solutions Receive Grants, Support From Nationwide Innovation Challenge
Ten financial literacy innovations were awarded grants and support from PhilDev Foundation and Cebuana Lhuillier Foundation, Inc. (CLFI) to boost financial literacy in underserved communities in the Philippines.
- Categories
- Finance
- Region
- South Asia
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Indonesian Healthcare Startup Prixa Raises $3 Million Led by MDI and Trans-Pacific Technology Fund
Indonesian healthcare startup Prixa has raised $3 million led by MDI Ventures and the Trans-Pacific Technology Fund (TPTF).
- Categories
- Health Care, Investing, Technology
- Region
- South Asia
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IFC Providing $57 Million for Two Wind Projects in Vietnam
The International Finance Corporation (IFC) announced today it will provide USD 57 million (EUR 46.6m) in financing to the developer of two onshore wind projects in Vietnam.
- Categories
- Energy
- Region
- South Asia
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TaniHub Bags $70 Million Series B, Aims to Expand Supply Chain
TaniHub Group, one of Indonesia's top agriculture technology start-ups, has raised US$69.5 million (Rp 942 billion) in a Series B funding round to expand its supply chain outside the islands of Java and Bali.
- Categories
- Agriculture, Technology
- Region
- South Asia
- Tags
- startups
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Analysis: Microfinance Lenders Take Advantage of Cambodian Garment Workers During COVID
Cambodia’s microlenders have come under rising scrutiny as they are linked to predatory lending, child labour and coerced land sales
- Categories
- Coronavirus, Health Care
- Region
- South Asia
- Tags
- manufacturing, vaccines
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Indonesia’s Transfez Raises Seed Funding to Venture Into B2B Money Remittance Sector
Transfez allows users to transfer money across 50 countries in 26 currencies at a cost that is 'up to 10x cheaper than banks'
- Categories
- Finance, Technology
- Region
- South Asia