News Archive | Page 11 of 23 | Flourish Ventures

Revolving debt’s challenge to financial health and one way to help consumers pay it off [Brookings]

Jennifer Tescher and Corey Stone Credit cards offer consumers convenience as both a payment vehicle and a source of short-term credit. Revolving credit permits consumers to enjoy immediate purchase of goods and services (in the absence of funds or in lieu of tapping savings), to make large ticket purchases without having to...

Tech serves Tamil Nadu farmers

CHENNAI: Palani Muthu from Sirkazhi has been farming shrimp for the past 17 years. Three years ago, when he was struggling with poor survival of shrimp, he learned of Aquaconnect. A representative from the acquaculture startup visited his farm and helped him fix the problem. Now, the startup helps with...

[Hummingbird] Fighting Financial Discrimination with Thoughtful Product Design

Originally posted on Hummingbird By Joe Robinson, Hummingbird CEO Here’s a simple truth. There is no way to understand the financial industry without also understanding our country’s long and difficult struggle against financial discrimination. Discrimination and economic disenfranchisement go hand in hand, and some of the worst forms of racism...

[Reinsurance News] Qoala becomes SEA's fastest growing insurtech through $65m Series B funding

Originally posted on Reinsurance News By Jack Willard Indonesian insurtech start-up Qoala, has announced that it has successfully raised Series B funding of US$65 million, a thirty times growth since the company’s Series A round in April 2020. The Series B funding was led by by Eurazeo with participation from...

ApnaKlub

[Inc42] Wholesale Ecommerce Startup ApnaKlub Raises $10 Mn From Tiger Global To Take Its Platform To 20K Partners

Originally posted on Inc42 By Gunja Sharan Since 2020, ApnaKlub has welcomed more than 5,000 partners on its platform and is planning to expand its reach The startup raised about $4 Mn in funding from Sequoia India’s Surge, Blume Ventures, Whiteboard Capital and Flourish Ventures in August 2021 With ApnaKlub,...

Qoala founders

[PR Newswire] Qoala Raises US$ 65 Million in Series B, Clocking 30X Business Growth Since Series A

Originally posted on PR Newswire Qoala raised US$ 65 million in Series B funding led by Eurazeo with participation from several existing investors including Flourish Ventures, KB Investment, MassMutual Ventures, MDI Ventures, SeedPlus and Sequoia Capital India. In addition, BRI Ventures, Daiwa PI Partners, Indogen Capital, Mandiri Capital Indonesia and...

Syndicate pattern

[TechCrunch] Syndicate raises ‘informal' round from over 50 partners to bring DAOs to the masses

Originally posted on TechCrunch By Anita Ramaswamy Web3 startup Syndicate‘s goal is to demystify the DAO (decentralized autonomous organization). Its “Web3 Investment Clubs” product, which TechCrunch covered in January, lets users spin up an investment group with their peers by pooling their capital together and voting on how to allocate the funds....

Syndicate

50+ Customers, Partners, and DAOs Invest in Syndicate

Originally posted on Syndicate.io Today, we’re proud to announce that 50+ customers, partners, and DAOs have strategically invested $6M into Syndicate, bringing our total to over $28M raised from more than 300 values-aligned investors, operators, companies, partners, customers, and DAOs since our founding just a year ago. This is as...

Neobank Kaleidofin rakes in $15 Mn in Series B [The Tech Portal]

Chennai based Neo-finance startup Kaleidofin Neobank has raised $15 Mn lead by Michael and Susan Dell foundation. The round also saw participation from Bill and Melinda Gates foundation’s Seattle based strategic investment fund, existing investors (OikoCredit, Flourish Ventures, Blume Ventures, Omidyar Network) and some minor contributions from angel investors. Kaleidofin,...

Photo of finance and globe

Fundos estrangeiros de venture capital querem investir no Brasil mesmo com alta de juros [Forbes]

Originally posted on Forbes By Isabella Velleda Photo credit: Getty Images/Chuanchai Pundej Visão a longo prazo permite que fundos aproveitem o mercado em crescimento do país. Apesar de possuir a quarta maior taxa básica de juros do mundo, 11,75% ao ano, o Brasil continua atraindo investimentos de fundos estrangeiros de...

MyShubLife

[Entrackr] MyShubhLife raises Rs 100 Cr

Originally posted on Entrackr By Shashank Pathak MyShubhLife, a full stack financial services platform, has closed a funding of Rs 100 crore from Gojo & Company, Inc. The fresh investment will help MyShubhLife grow its NBFC book and increase disbursements through its co-lending partners, MyShubhLife will utilize the funds to...

Apollo Agriculture Founders

[TechCrunch] Kenya-based agritech Apollo raises $40 million in Softbank-led round, joined by Chan Zuckerberg Initiative, CDC

Originally posted on TechCrunch By Annie Njanja Kenya-based agritech Apollo Agriculture, which helps farmers access high-quality farm inputs, financing and markets, plans to double the number of farmers it is serving by the end 2022 and to introduce other products that deliver more value per acre of land. This is...