Asia Digest: ADB, GCF climate financing pact; ATEC seals Series A for WTE projects

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ADB, GCF tie up for climate financing; ATEC seals Series A for waste-to-energy investments

Myanmar’s jade expo mops up $612m in sales, lower than last year

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The gems emporium touched its recent peak sales of 900 million euros in 2015. 


Exclusive: Aavishkaar in talks to invest about $2m in Indonesian food startup

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Aavishkaar has invested in three Indonesian companies since it entered the country in 2015.


Exclusive: Aavishkaar to mark first close of latest India fund at $150m this quarter

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The $310-million Aavishkaar Bharat Fund is the impact investor’s sixth vehicle.


India: Azim Premji trusts may get at least $780m from Wipro share buyback

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Wipro expects to buy back up to 343.75 million shares a Rs320 apiece.


IFC joins hands with Sri Lankan bank to boost green financing access

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IFC’s Green-Finance Program aims to increase private investments in green projects.


ADB launches $526m financial facility for Bangladesh infra projects

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The facility will help up infra investments in Bangladesh.


India: IFC invests $20m in Aavas Financiers for affordable housing

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Investment to help Aavas provide housing loans to low-income consumers in rural and semi-urban areas who have little or no access to mortgage finance.


India: The/Nudge Foundation incubator ropes in former Infosys, Apple executives

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Execs to act as partners to startups incubated at N/Core.


UBS raises $325m for Bono-backed impact fund fuelled by strong Asia interest

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UBS has raised $325 million for a private equity impact investment fund, as the world’s biggest private bank looks to meet wealthy clients’ growing appetite to combine philanthropy with money making. The Rise Fund, which counts Irish rock star Bono among its co-founders, aims to achieve “measurable, positive social and… Read more »