New technology companies are poised to transform the shipping and freight industry across Latin America. Startups like Liftit, a Colombian provider of trucking services, and Nowports, a Mexican freight shipping startup, are angling to be the next Convoy and Flexport — at a time when shipping and logistics business in Latin America is booming thanks […]
View More Investors are pouring money into Latin America’s logistics and shipping businessesCategory: World Bank
Contabilizei raises $20 million to ease Brazilians’ tax pain
Online tax filing and accounting service, Contabilizei, has raised $20 million in a new round of financing led by Point72 Ventures, the early stage investment arm associated with hedge fund guru Steven Cohen’s Point72 Asset Management. Smart money in both the venture and private equity space has been long Brazil for a bit, and the new investment […]
View More Contabilizei raises $20 million to ease Brazilians’ tax painMoglix raises $23M to digitize India’s manufacturing supply chain
We hear a lot about India’s e-commerce battle between Walmart, which bought Flipkart for $17 billion, and Amazon. But over in the B2B space, Moglix — an e-commerce service for buying manufacturing products that’s been making strides — today it announced a $23 million Series C round ahead of a bigger round and impending global […]
View More Moglix raises $23M to digitize India’s manufacturing supply chainMoglix raises $23M to digitize India’s manufacturing supply chain
We hear a lot about India’s e-commerce battle between Walmart, which bought Flipkart for $17 billion, and Amazon. But over in the B2B space, Moglix — an e-commerce service for buying manufacturing products that’s been making strides — today it announced a $23 million Series C round ahead of a bigger round and impending global […]
View More Moglix raises $23M to digitize India’s manufacturing supply chainRecent departures hint at turmoil at Quartet Health, a mental health startup backed by GV
Quartet Health, a startup backed with nearly $100 million from GV, Oak HC/FT and more, has quietly lost its COO, CPO and replaced its CEO this month.
View More Recent departures hint at turmoil at Quartet Health, a mental health startup backed by GVWorld Bank launches first bond instrument built on a blockchain with the Australian Bank
The World Bank has launched the first bond on a blockchain with the Commonwealth Bank of Australia. The A$110 million ($87 million) bond-i (blockchain operated new debt instrument) — so named, I’m assuming, because of Australia’s famed Bondi Beach (bankers have the funnies!) — is the first bond to be created, allocated, transferred and managed […]
View More World Bank launches first bond instrument built on a blockchain with the Australian BankHow the U.N. Refugee Agency will use big data to find smarter solutions
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It took a devastating photograph to get the world to pay attention.
The image of 3-year-old Syrian refugee Alan Kurdi went viral in September 2015, showing the toddler’s lifeless body washed ashore in Turkey after his family tried to make the perilous journey across the Mediterranean Sea to find safety in Greece. It was a wake-up call for the international community, particularly people in rich, developed nations who had yet to grasp the scope of continued human suffering caused by the years-long Syrian conflict.
But today, as more than 22.5 million people have fled countries like Syria, South Sudan, and Myanmar because of civil war, famine, and ethnic cleansing, sentiment around the crisis has become nearly as complex as the crisis itself. Politicians continue to spout harmful rhetoric that stokes fears and misconceptions about refugees and migrants, while people who do want to help often resign themselves to feeling that it’s an intractable issue — too overwhelming to make a difference. Read more…
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Indian online insurance startup Coverfox lands $22M led by World Bank’s IFC and Transamerica
Coverfox, one of a handful of companies aiming to digitize insurance in India, has landed fresh funding via a $22 million Series C round that will be used to push into more rural parts of the country. The investment is led by IFC, a sister organization of World Bank, and U.S. insurance firm Transamerica, with participation […]
View More Indian online insurance startup Coverfox lands $22M led by World Bank’s IFC and TransamericaEdTech is having a renaissance, powered by the emerging world
So-called ‘EdTech’ has seen many false dawns over the years. After being lauded as the teaching platforms of the future, most MOOCs (Massive Open Online Course platforms) have not quite lived up to the superlatives made for them, and the sector has had trouble coming up with more innovative ideas for a while. But that […]
View More EdTech is having a renaissance, powered by the emerging world