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Goldman Sachs leads $15M investment in Indian fintech startup ZestMoney

Goldman Sachs leads M investment in Indian fintech startup ZestMoney One of America’s largest banks has just poured some money to help millions of Indians without a credit score secure loans and make purchases online for the first time in their lives. Bangalore-based ZestMoney announced today it has raised $15 million from […]

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Nigeria’s Rensource raises $20M to power African markets by solar

Nigeria’s Rensource raises M to power African markets by solar Nigerian startup Rensource Energy has raised a $20 million Series A round co-led by CRE Venture Capital and the Omidyar network. The renewable energy company builds and operates solar powered micro-utilities that provide electricity to commercial community structures, such as open-air trading […]

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Reliance Industries acquires a majority stake in SaaS startup NowFloats for $20M

Reliance Industries acquires a majority stake in SaaS startup NowFloats for M Reliance Industries, one of India’s largest industrial houses, has acquired a majority stake in NowFloats, an Indian startup that helps businesses and individuals build online presence without any web developing skills. In a regulatory filing on Thursday, Reliance Strategic Business […]

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Pratilipi, a ‘YouTube for writers’ storytelling platform in India, raises $15 million

Pratilipi, a ‘YouTube for writers’ storytelling platform in India, raises million Pratilipi, an app that is uniting writers in India and encouraging others to try their hand at storytelling, has just raised $15 million to expand its network in the nation. The Series B financing round was led by Qiming Venture Partners. […]

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Flipkart co-founder and other top names join AngelList’s first investment syndicate in India

Flipkart co-founder and other top names join AngelList’s first investment syndicate in India A little over a year after it introduced Syndicates to the India market, AngelList — the U.S. service that helps connect companies with investors — is rolling out its own fund in the country with the backing of some […]

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Omidyar Network spins out its fintech investment arm as Flourish, with up to $300 million

Omidyar Network spins out its fintech investment arm as Flourish, with up to 0 million After 12 years spent investing in impact-oriented financial services startups around the globe, the Omidyar Network, which serves as the family investment office for eBay founder Pierre Omidyar, is spinning off its financial inclusion investment arm as […]

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CEO of Rappler, a media company critical of the Philippines government, is arrested

CEO of Rappler, a media company critical of the Philippines government, is arrested There’s serious concern around press freedom in the Philippines after Maria Ressa, the CEO of independent media company Rappler, was arrested last night. Ressa, who was CNN’s bureau chief in Manila and then Jakarta prior to starting Rappler in […]

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Ne-Yo wants to make Silicon Valley more diverse, one investment at a time

Ne-Yo wants to make Silicon Valley more diverse, one investment at a time Dressed in a Naruto t-shirt and a hat emblazoned with the phrase “lone wolf,” Ne-Yo slouches over in a chair inside a Holberton School classroom. The Grammy-winning recording artist is struggling to remember the name of “that actor,” the one who’s […]

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With a $10 million round, Nigeria’s Paga plans global expansion

With a million round, Nigeria’s Paga plans global expansion Jake Bright Contributor Jake Bright is a writer and author in New York City. He is co-author of The Next Africa. More posts by this contributor African tech leaders Fope Adelowo, Ken Njoroge, Tayo Oviosu to speak at Disrupt SF Offering a white-labeled […]

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The Ken raises $1.5M to grow its subscription journalism business in India

The Ken raises .5M to grow its subscription journalism business in India The Ken, a subscription news startup from India, is moving through the gears after it raised $1.5 million in fresh funding to build out its media business. We first profiled the company in March 2017 and now, nearly 18 months […]

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