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The power of corporate philanthropy to engage employees

Fast Company Tech

As a result, many companies, including startups, are finding flexible ways to match funds, allowing people to donate in flexible ways that ignite them and their passion. The funds supported programs to immunize Syrian children in Iraq, Rohingya children in Bangladesh, and Brazilian children residing in the most remote areas of the Amazon.

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ShopUp raises $22.5 million to digitize millions of mom-and-pop shops in Bangladesh

TechCrunch

A startup that is aiming to digitize millions of neighborhood stores in Bangladesh just raised the country’s largest Series A financing round. Like its neighboring nation, India, more than 95% of all retail in Bangladesh goes through neighborhood stores in the country. A young entrepreneur is building the Amazon of Bangladesh.

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Indonesian earned wage access platform Wagely raises $8.3M as it expands into Bangladesh

TechCrunch

million in pre-Series A funding, just seven months after announcing its seed round. The new funds will be used to fuel wagely’s expansion in Bangladesh, where it recently launched, and build other features to become a “holistic financial wellness platform,” including savings, insurance, long-term installment loans and financial education.

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India’s Infra.Market valued at $2.5B in Tiger Global-led $125M funding

TechCrunch

Tiger Global, which led the startup’s Series C round in February this year, has led the $125 million Series D financing round in the five-year-old startup. Some of its clients are in Bangladesh, Malaysia, Singapore and Dubai. “We Tiger Global goes super aggressive in India.

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rali_cap gets backing from global VCs and launches $30M fintech fund for emerging markets

TechCrunch

Rali_cap , an early-stage venture capital firm focused on emerging markets fintech, has launched a $30 million fund. Last month, the firm, formerly known as Rally Cap Ventures, reached its first close of $20 million (its initial target) before increasing the fund size, signaling a strong LP appetite. About 40% are based in the U.S.,

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Fairbanc provides BNPL for micro-merchants in Indonesia

TechCrunch

million in pre-Series A funding led by Vertex Ventures. Fairbanc also received previous investment from East Ventures, 500 Global and Michael Smapoerna. Fairbanc will use its new funding on expanding in Indonesia, and exploring new markets like Vietnam and the Philippines in partnership with Unilever.

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Seedstars launches second fund to invest in 100 startups in emerging markets

TechCrunch

Now it’s set a goal of investing in 100 more startups with the launch of its second emerging market seed-stage fund, called Seedstars International Ventures II (SIV), with a first close of $20 million. One difference between SIV II and the first fund is that it can writer bigger checks. It will also have a tighter geographical focus.

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