- Its planned India Progress Fund will be Incofin’s first country-specific fund.
- The big Wall Street bank said “Launch with GS” will invest its own money along with clients’ capital in private, late-stage business that are founded, owned or led by women.
On-demand ride apps like Uber have been hailed (yes, pun intended) for their potential to improve safe transit for women in places like Mexico and Brazil, where women often feel (and are) at risk in taxis and public transit options. Sao Paulo-based LadyDriver is among a growing number ride hailing and sharing services going a
- The path to trillions of dollars in impact investing assets under management runs through Asia.
- The Mumbai-based company hires women to drive vehicles that take packages and food from warehouses to delivery hubs and homes.
ImpactAlpha, May 30 – SOCAP meets Burning Man meets TechCrunch Disrupt this month at the second annual Katapult Future Festival in Oslo, Norway. The future-fest drew 650 impact investors, technologists and agents of impact from around the globe (including her Royal Highness Crown Princess Mette-Marit!) to put forward exponential solutions to exponential problems. Here are
- Recent deals… Backstage invested in Thurst, “a dating app for queer people of all genders” and in travel app Localeur, as well as Novoron, Solstice and Pilotly.
- Bigger tickets… With this fund, Backstage intends to do 15-20 deals of an average $1 million in size, a big jump from its original intention to write checks of between $25,000 and $100,000.