I&P raises €75 million for African startups targeting the Global Goals

ImpactAlpha, February 13 – French impact investor Investisseurs & Partenaires has reached a second close for its I&P Afrique Entrepreneurs 2 fund. The fund, which invests in African startups working on issues related to the U.N. Sustainable Development Goals, has raised €75 million ($84.4 million) since launching in late 2017. Investisseurs & Partenaires (I&P) manages

Svasti Microfinance raises $4.8 million to extend financial services to low-income Indians

  • Nordic Microfinance Initiative, Serum Institute of India’s Adar Poonawalla and other investors backed the Mumbai-based microlender.
  • The new funding will provide exits for early investors, which include Michael & Susan Dell Foundation, Bamboo Capital Partners, venture capitalist Sajid Fazalbhoy and angel investor Rajiv Dadlani.