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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

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. million in pre-Series A funding, just seven months after announcing its seed round.

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The power of corporate philanthropy to engage employees

Fast Company Tech

However, according to a 2023 study from Ipsos Global Trends , 72% of consumers are concerned that in the future, governments and public services wont look after citizens, thereby widening the large gap nonprofits must step in to fill. In 2023, Americans gave over $557 billion to charities from individuals, foundations, and corporations.

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A Sneak Peak at Who Is Taking the 2018 Global Trends in Giving Survey

Nonprofit Tech for Good

We are grateful to the 3,573 people who have taken the 2018 Global Trends In Giving Survey thus far. This year we are getting more participants from outside of the United States, but we definitely need more diversity in our survey respondents for the data to truly reflect the global donor community. Bangladesh 2.1%. are female.

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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

” We’ve also seen this play out with angel investors who have become prominent solo venture capitalists like Olumide Soyombo of Voltron Capital — and globally, Elad Gil and Lachy Groom. Last year, rali_cap raised $2 million, money it has since deployed. “But we’re always open for exceptions,” said Simmons.

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Fairbanc provides BNPL for micro-merchants in Indonesia

TechCrunch

Fairbanc also received previous investment from East Ventures, 500 Global and Michael Smapoerna. Fairbanc was founded in 2019 by Wharton-graduate Mir Haque, who first piloted the startup in Bangladesh before choosing Indonesia as its main market. As a result, Fairbanc decided to pilot with Unilever in Indonesia instead.

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