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The AIF would primarily invest in 25-30 early-stage fintech startups in the seed stage funding rounds over the next three years.

This Nigerian clean energy company makes solar inverters from locally-sourced materials. Next, it wants to make batteries.

Grindrod Bank has clinched a R1.5bn takeover deal with African Bank, which will accelerate its entry into the South African business-banking sector...

New Delhi, June 23: Lithium-ion battery recycling startup BatX Energies Pvt Ltd on Thursday said it has raised USD 1.6 million (Rs 12.5 crore) in a seed funding round led by JITO Angel Network. Mankind Pharma, Kamaljyot Investments, a subsidiary of Excel Industries, and Haldiram’s family offices also participated in this seed funding round, the company said in a statement. Existing investors Rohit Chanana from Sarcha Advisors and Anmol Jaggi of BluSmart Electric, also participated in the seed funding round, […]

Kaleidoscope (Pvt) Ltd. announced the launch of Lanka Accelerator brand in Sri Lanka today. Lanka Accelerator is powered by India Accelerator (iA) which was adjudged the Best Accelerator in India by Start Up India. Lanka Accelerator’s agreement with India Accelerator is to help support its design, development and success. India Accelerator is part of GAN […]