Impact investing in India is now projected to reach $40 billion, according to an advisor to the GIIN who is based in the region. "We hope there will be 25% annual growth rate as impact investments grow and it might grow from $4 billion to $35 to $40 billion in India by 2025."
Next-generation 911 emergency call delivery network RapidSOS, the Dave app that helps predicts bank overdrafts and helps consumers avoid big fees and all-natural kids meal creator KidFresh were among this past week's notable investing deals. RapidSOS received $14 million to continue its work building out its 911 emergency technology platform.
In a first by a sitting pontificate, Pope Francis delivered a talk over TED on Tuesday. His key messages - humans should be served by our technology and politics, not the other way around, and humans should not be relegated to a "culture of waste."
Nearly 80% of women show interest in impact investing, yet only 15% actually engage in investing behavior, a fairly large gap, according to a March analysis by Mission Investors and Mission Throttle. Why the gap? Among the reasons cited - confidence in their literacy, attitudes to risk, structural networks that are dominated by males.
Philippine-based fintech startup First Circle raised $1.3 million to continue improving access to capital for SME's in the ASEAN region. The startup operates in a country where financing remains a major hurdle for so many businesses that less than 20 percent have access to all bank loans.
Woman-led startup Tala, dyslexia-screening platform Optolexia and novel eye-disease screening startup Tilak were among this week's selected weekly deals. Santa Monica-based Tala received $30 million to continue its work in bringing credit and loan products to emerging markets.
Mariángela Ramírez of Medellin-based Colombia Reports, a news hub of about 150,000 unique visitors for audiences in North America, Europe and readers of the New York Times, Huffington Post and Fox News, reports from the field on how three social enterprises are making impact in Colombia. First...