IIX leads funding round for Indonesian chocolate maker Krakakoa

LIC VC and Jeremy Oppenheim, founder of sustainable investment fund SYSTEMIQ, also participated.

Myanmar-based Frontiir raises $30 million to expand affordable and reliable internet

Myanmar Net, Yangon-based Frontiir’s internet connectivity service, is the fastest growing internet service in the country.

Singapore’s Temasek’s new impact fund targets the global goals in Asia

Singapore’s $300 billion state-owned investment fund is rolling out its own private equity impact fund to invest in Asia’s social businesses.

Beneficial Returns backs Indonesian clean water venture Nazava

The four-year loan from Beneficial Returns will be used to support the sale of 300,000 filters by 2023. If the company reaches that goal, its final loan payment will be waived.

Taking an ‘impact tranche,’ Packard Foundation pushes forest fund beyond business as usual

A new Southeast Asia forestry fund launched by Australia-based New Forests includes a tranche aimed at impact investors with specific reforestation, biodiversity and community livelihood goals.

Proximity Finance raises $10 million in debt to expand farmer lending in Myanmar

Catalytic to the deal was Skoll Foundation’s $2 million in subordinated debt, which helped de-risked an $8 million loan for OPIC and lowered the overall cost of the $10 million loan to Proximity.

A snapshot of equitable education technology in four markets

Equitable uses of education technology at scale requires scaling not just products and services but their impact, says authors of a new equitable edtech report from Omidyar Network.