Indian crowdfunding platform Impact Guru has partnered with GlobalGiving to attract more U.S. and U.K.-based donors. The partnership with Washington D.C.-based GlobalGiving allows overseas donors to support Indian organizations and claim charitable-giving tax incentives in their own countries. Impact Guru’s CEO Piyush Jain said the strategy will make it easier for the Indian diaspora to
Hello ImpactAlpha readers! #Featured: Recap A new consensus emerges around a more inclusive and sustainable economy…It’s always risky to call a tipping point, but the vibe this week among global financiers at the Milken Institute Global Conference is that it has become almost de rigueur to be “part of the solution” on issues like inequality,
Just 10 percent of private capital goes to emerging markets. A new report suggests that ventures and entrepreneurs in emerging markets are just as prepared as their high-income country peers to deploy capital and grow their businesses. Accelerating Startups in Emerging Markets, which examines 2,400 early-stage venture applicants to 43 acceleration programs in emerging and
Hello ImpactAlpha readers! #Dealflow: Follow the Money TPG’s Rise Fund’s second deal is a $50 million investment in an Indian dairy. Dodla Dairy, based in Hyderabad, is a 22 year-old company that works with 250,000 smallholder farmers across 7,000 southern Indian villages, many of them surviving on the brink of poverty. The Rise Fund’s first investment
The Calvert Foundation is best known for its Community Investment Note, a plain-vanilla fixed-income product that in the last two decades has raised more than $1.4 billion for community development, renewable energy, sustainable agriculture and more. Now, the Bethesda, Md., financial services firm is adding a new line of business, Capital Aggregation, to syndicate fixed-income opportunities
Change Catalyst will support minority and women entrepreneurs with a new Startup Fellows Program. The Bay Area organization will go on the road this summer to Seattle, New York and Atlanta to recruit tech entrepreneurs in education, finance, health, social issues, as well as artificial intelligence and virtual reality. The top three ventures in each city will
Half of U.S. economic output is concentrated in urban areas, but half isn’t. Intermountain Impact Investments, a Washington-based nonprofit fund manager, was founded by two self-described “middle aged guys” who’ve spent their careers running and funding nonprofits. Its new $2.5 million fund targets cities with populations under 50,000 in eastern Washington, eastern Oregon, Idaho, Wyoming, and Montana.