The India-based company relocates to the U.K. as it eyes a global clean energy portfolio of five gigawatts by 2022.
The organizations have launched a new venture, TP Renewable Microgrid, to bring clean energy to five million households, 400,000 farmers and 100,000 enterprises across rural India.
The Gurgaon and Seoul-based startup offers utility payments, small loans and insurance products, like “mosquito insurance,” to India's prepaid mobile phone users.
Dutch development bank FMO stepped in as an equity investor, taking a 10% stake in the billion-dollar impact investing firm.
- Tech startups, like Bangalore-based OkCredit, are rolling out products and services for long-neglected small businesses that employ 70% of emerging economy workers and account for 30% of emerging-market GDP.
- Installing solar power capacity is one thing. Capturing it is another.
- The $215 billion private banking and asset management firm of the royal family of Liechtenstein took majority control of Aspada, an early-stage venture investor that has made 19 investments in India.