India
Climate Finance | March 14, 2024
Green Climate Fund invests in India’s climate resilience via the Avaana Sustainability Fund
The Small Industries Development Bank of India is the main financing body for tens of millions of India’s small businesses. The bank manages …
Climate Finance | February 29, 2024
Blue Earth Capital takes stake in Nepra to expand waste recycling in India
ImpactAlpha, February 29 — Gujarat-based Nepra Resource Management deploys nearly 2,000 pickers to deliver dry waste to five waste recycling facilities. “Responsible waste …
Impact Tech | February 23, 2024
‘Deep tech’ impact investing in India
ImpactAlpha, February 23 – India is emerging as a hub for high-value, deep science tech startups working on breakthrough solutions to climate change, …
Climate and Clean Tech | February 13, 2024
India’s growing appetite for electric vehicles
ImpactAlpha, February 13 – The US is sending mixed signals about consumer EV adoption. In India, where most vehicle sales are two- and …
Investing in Health | February 7, 2024
India’s Aarogya Tech scores $1.8 million for chronic disease prevention and management
ImpactAlpha, February 7 – Non-communicable diseases like diabetes and cancer are responsible for more than 60% of deaths in India. Without interventions, they …
Agrifood Tech | January 31, 2024
Aquaconnect raises $4 million to link India’s fish farmers to supplies and markets
ImpactAlpha, January 31 – Chennai-based Aquaconnect supports fish and shrimp farmers with remote monitoring and access to cold storage, logistics and buyers. The …
Dealflow | January 18, 2024
KisanKonnect’s raises $3.7 million to combat food waste and boost farmers in India
ImpactAlpha, January 18 – Pune-based KisanKonnect started its farm-to-consumer logistics service to cut food waste in India’s inefficient and fragmented food supply chain. …
Dealflow | January 18, 2024
Blue Earth Capital doubles down on Varthana for quality education access in India
ImpactAlpha, January 18 — Bangalore-based Varthana has extended loans to over 7,500 low-cost private schools in India to rehabilitate facilities, train teachers and …
Frontier and Growth Markets | December 13, 2023
Omidyar Network India to shut down
ImpactAlpha, December 13 – Omidyar Network India was an early mover and impact ecosystem builder in India when it was launched more than …
Dealflow | December 11, 2023
India’s Ashv Finance scores $10 million from Encourage Capital for rooftop solar lending
ImpactAlpha, December 11 — Mumbai-based Ashv Finance, part of India-based impact investor Aavishkaar Group, provides flexible, collateral-free loans to micro, small and mid-sized …
Climate Finance | December 11, 2023
India’s private investors lean green despite the country’s competing climate and development agendas
ImpactAlpha, December 11 – The debate over how to categorize the most populous country in the world’s climate actions and needs was on full …
India | November 15, 2023
Impact investors brave Delhi’s smog to champion climate finance in India
ImpactAlpha, November 15 – Impact investors in India gathered last week in Delhi’s hazardous smog to strategize ways to raise, and deploy, more …
Dealflow | November 6, 2023
Women-led Almouneer raises $3.6 million for diabetes care in Egypt
ImpactAlpha, November 6 – In Africa and the Middle East, 40% of adults are obese and/or are diabetic or pre-diabetic. Egypt’s Almouneer offers …
Green Infrastructure | October 31, 2023
Indian electric two-wheeler manufacturer Ola Electric rakes in $384 million
ImpactAlpha, October 31 — Bangalore-based Ola Electric, launched by the ride-hailing company Ola, has raised nearly $1.6 billion since 2019 to manufacture electric …
Frontier and Growth Markets | October 16, 2023
Incofin backs Rite Water to promote drinking water access in rural India
ImpactAlpha, October 16 – Rite Water makes and installs water purification systems in parts of rural and urban India that lack access to …
Financial Inclusion | October 12, 2023
InsuranceDekho raises $60 million to expand access to insurance in India
Impactalpha, October 12 — InsuranceDekho spun out of online car shopping site CarDekho in 2017 to bridge India’s insurance gaps. Through some 150,000 …
India | October 12, 2023
Onsurity secures $24 million to extend health insurance to India’s small businesses
ImpactAlpha, October 12 – Thirty percent of India’s 1.4 billion people don’t have healthcare coverage because of lack of affordability and awareness; the …
Frontier and Growth Markets | September 6, 2023
Omnivore sells its stake in Barrix to Sumitomo to notch another exit
ImpactAlpha, September 6 – Omnivore, one of the first dedicated agtech investors in India, co-led Barrix Agro’s first institutional investment round in 2013. …
Frontier and Growth Markets | August 21, 2023
Insaan reups in Indian cleantech and agtech distributor Essmart
ImpactAlpha, August 21 – Livelihood essentials like farming supplies and solar-powered lights are expensive and hard to secure in rural India. Essmart handles …
Frontier and Growth Markets | August 17, 2023
Small vehicles have investors thinking big about India’s e-mobility transition
ImpactAlpha, August 17 – American electric car makers like Tesla are making headlines over plans to bring their cars to India. But it …
Dealflow | July 14, 2023
Deal spotlight: A social media platform for India’s poor
ImpactAlpha, July 14 – The founders of Delhi-based Gram Vaani had a vision for giving India’s rural poor a greater voice and agency. …
Dealflow | July 12, 2023
Acumen invests in Gram Vaani to increase accountability in India’s ‘media dark’ communities
ImpactAlpha, July 12 – If “democracy dies in darkness,” as the Washington Post says, there’s cause for concern in India, the world’s largest …
Low-carbon transition | July 7, 2023
Deal spotlight: Avaada’s big push to green India’s ammonia and hydrogen production
ImpactAlpha, July 7 – Green ammonia and green hydrogen are among the highest impact opportunities for the net-zero transition. The fuels are key …
Frontier and Growth Markets | June 29, 2023
Omnivore raises $150 million for its third India agrifood tech fund
ImpactAlpha, June 29 – Omnivore secured $150 million in a first close of its third agrifood impact tech fund. The Mumbai-based impact investor …
India | June 22, 2023
India’s Avaana Capital raises $70 million for climate and sustainability fund
ImpactAlpha, June 22 — Mumbai-based, women-led venture capital investor Avaana Capital is looking to raise a total of $120 million for its first …
Frontier and Growth Markets | June 14, 2023
Aviom Housing Finance scores $30 million to help low-income Indians become homeowners
ImpactAlpha, June 14 – Aviom Housing Finance offers affordable housing loans to low-income families in India, many of whom work in the informal …
The Brief | June 12, 2023
India’s River and RevFin score investor backing to accelerate EV adoption
ImpactAlpha, June 12 – The big electric vehicle opportunity in India is two-wheel scooters and motorcycles and three-wheel autorickshaws, which make up 80% …
Asia | June 9, 2023
Deal spotlight: LeapFrog Investments highlights Asia’s appetite for impact
ImpactAlpha, June 9 – Impact investing strategies in emerging markets are seeing increased interest from global investors on the hunt for yield, impact …
Investing in Health | June 8, 2023
LeapFrog and Khosla Ventures reinvest in HealthifyMe to boost preventive health in India
ImpactAlpha, June 8 – HealthfiyMe wants to democratize nutrition access in regions with rising rates of chronic disease and inequitable access to preventative …
Dealflow | May 4, 2023
Encourage Capital invests in Svakarma Finance to promote clean energy access for India’s small businesses
ImpactAlpha, May 4 – Mumbai-based Svakarma Finance is using an on-the-ground lending network with fintech to provide credit and other financial services to …
Climate Finance | April 12, 2023
India’s urban slums have become a testbed for climate solutions. Investors are welcome to take a look
ImpactAlpha, April 12 – The Sanjaynagar slum in Ahmednagar, about 150 miles from Mumbai, was a desolate piece of marshland about the size …
Clean Energy | March 20, 2023
Avaana Capital backs Aerem to convert India’s small businesses to solar power
ImpactAlpha, March 20 – Mumbai-based Aerem is connecting small businesses with solar installers and financing. The company estimates that businesses can cut energy …
Climate Finance | March 6, 2023
India poised to lead – and test – the just energy transition
ImpactAlpha, March 6 – India is fast becoming the focus of efforts to super-charge climate funding into the Global South. Under Prime Minister …
Frontier and Growth Markets | February 15, 2023
InsuranceDekho raises $150 million in debt and equity to expand insurance coverage in India
ImpactAlpha, February 15 – The pandemic ignited demand in India – and many other places – for health insurance products, making India one …
Dealflow | February 10, 2023
Deal spotlight: Investors rally behind India’s EV startups
ImpactAlpha, February 10 – It seems like there’s an announcement every week about new financing for an electric-vehicle startup in India. EVs account …
Dealflow | February 7, 2023
Bike Bazaar closes $30 million to finance e-scooters in India
ImpactAlpha, February 7 – Bike Bazaar started out providing financing for the popular two-wheel vehicles in India. It used financing as a means …
Dealflow | February 3, 2023
Deal spotlight: Protecting individuals and businesses from data and identity theft
ImpactAlpha, February 3 – Cell phones and digitization have helped billions of individuals, micro-entrepreneurs and small businesses improve their livelihoods. They’ve also introduced …
India | February 2, 2023
As India’s impact ventures grow, so does the need for growth-stage impact capital
ImpactAlpha, February 2 – India’s impact investing market has witnessed tremendous growth over the past few years, moving beyond financial inclusion into emerging …
Frontier and Growth Markets | January 26, 2023
Climate tech venture Ecozen raises $25 million, giving early investors a partial exit
ImpactAlpha, January 26 – Ecozen, in Pune, India, launched a decade ago to provide affordable, clean energy-fueled products for India’s smallholder farmers. The …
Investing in Health | January 25, 2023
Breathe Well-being raises 500 million rupees for diabetes care and prevention
ImpactAlpha, January 25 — Gurgaon-based health tech startup Breathe Well-being offers digital coaching in behavioral and lifestyle changes that are helping more than …
Frontier and Growth Markets | January 10, 2023
VilCart raises $13 million to digitalize India’s mom and pop shops
ImpactAlpha, January 10 – Bangalore-based VilCart helps India’s kiranas, or mom and pop shops, digitalize their business operations and source inventory. The company, …
Frontier and Growth Markets | January 4, 2023
Elevar Equity re-ups investment in SarvaGram to speed financial inclusion in rural India
ImpactAlpha, January 4 – SarvaGram provides consumer and business loans to rural and peri-urban households in India that otherwise have difficulty accessing affordable …
Financial Inclusion | December 5, 2022
Creation Investments closes $270 million fund for financial inclusion in emerging markets
ImpactAlpha, December 5 — Creation Investments Capital Management has raised $270 million for its fifth fund to invest in eight to 10 companies …
Good Jobs | November 17, 2022
Upaya Social Ventures exits India-based maker of sustainable tableware
ImpactAlpha, November 17 – Upaya Social Ventures made a $27,000 equity investment in Tamul Plates in 2015, helping the all-natural disposable plate and …
Clean Energy | November 15, 2022
KKR bets $400 million on Serentica Renewable for clean energy in India
ImpactAlpha, November 15 — KKR, through its $3.9 billion Asia Pacific Infrastructure fund, is investing $400 million in New Delhi-based clean energy producer …