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PhonePe Raises $350 Million From General Atlantic at $12 Billion Valuation
Walmart-owned PhonePe on Thursday said it has $350 million in its latest funding round from General Atlantic at a pre-money valuation of $12 billion.
- Categories
- Finance, Investing, Telecommunications
- Region
- Asia Pacific
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We Asked Small Business Owners How Digitalization is Impacting Their Businesses: Here’s How They Responded
Digitalization has become the go-to strategy for improving the performance of Latin America’s micro and small enterprises (MSEs). But according to Daryl Collins and Maria Pia Torres at Decodis, we know little about how MSE owners themselves experience these changes. They share insights from Decodis' surveys of 114 mostly women-led MSEs in Colombia, Mexico and Peru, which highlight how digital solutions have become embedded in these businesses – and where business owners see the most value in digitalization.
- Categories
- Finance, Technology, Telecommunications
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Nubank Secures $150 Million Credit Line With Second Loan Since April
The loan from the IFC, the financial arm of the World Bank, the second credit line for the fintech since April, will be used for expansion in Latin America.
- Categories
- Finance
- Region
- Latin America
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Fintech Startup NeoGrowth Raises $10 Million From MicroVest
NeoGrowth plans to deploy the funding to expand in India while aiming to secure more growth capital.
- Categories
- Finance, Investing, Technology
- Region
- Asia Pacific
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Varthana Raises $7 Million From MicroVest to Transform Affordable Education in India
The funds from MicroVest aim to support Varthana in transforming affordable education in rural India.
- Region
- Asia Pacific
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Announcing NextBillion’s Most Influential Articles of 2022
NextBillion’s “Most Influential Article of the Year” contest has concluded, and after tallying the votes, we’re excited to announce the three winners, as selected by our readers. Congratulations to the winners and their organizations! And many thanks to the other contestants, to all our guest writers from the past year – and also to the unsung heroes: the comms teams that play a key role in facilitating many of our articles.
- Categories
- Finance, Technology
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Moneyview Raises $75 Million in a Series E Funding Round in India
The proceeds of this capital raise will be used as growth capital to scale the core credit business.
- Categories
- Finance, Technology
- Region
- Asia Pacific
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Press Release: IFC and Australia Launch New Partnership to Boost Private Sector Growth in Vietnam
At least $300 million in private investments in Vietnam is expected to be unlocked by a new partnership between IFC and the Australian Government.
- Categories
- Investing
- Region
- South Asia