Quona Capital, Accion close $141m fintech fund for emerging markets

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The fund will particularly focus on India, Southeast Asia.

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China’s nonprofit schools get a gold star from investors

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China’s private-school sector has become initial public offering gold in Hong Kong.


China: ADB, partners ink $100.5m financing package for waste-to-energy projects

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The Asian Development Bank (ADB) has signed a financing package of up to $100.5 million with China’s Dynagreen Environmental Protection Group (Dynagreen), and 10 commercial banks to support Dynagreen’s clean Waste-to-Energy (WTE) projects. All groups signed the agreement on Tuesday (February 28) in addition to an A-loan of up to $100 million… Read more »


Australia’s online surplus food marketplace Yume secures A$2.6m investment

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Australian online food surplus marketplace Yume has closed A$2.6M in funding from faimly offices.


India: CDC, Manipal form $80m fund to invest in ‘healthcare beyond hospitals’

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The duo will invest $80m in opportunities in India, Africa and South Asia


Grab launches $100m Indonesian social impact fund

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Southeast Asian ride-hailing platform Grab is launching a $100 million social impact investment fund.


Philippines: SMPC allots $6.4m for community infra, livelihood projects

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SMPC President and COO Victor Consunji said they expect the spending to grow by around 75 per cent compared to last year’s P186 million as they are building more community infrastructure and livelihood facilities.


Bangladesh: IFC to invest up to $55m to support Dhaka Bank

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IFC will provide Dhaka Bank a short-term loan of up to $20m for working capital.


ADB inks $109m financing for clean energy venture in Indonesia

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A project of PT Supreme Energy Muara Laboh, the Muara Laboh geothermal facilities is located in West Sumatra in Indonesia targeted to generate 80 megawatts of electricity.


Impact investor Aavishkaar-Intellecap Group raises $25m

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The round is led by Triodos Investment Management & Shell Foundation.