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Investing in the Global South |
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ALAMI, a peer to peer lending startup, enables financial access to the thousands of Indonesian SMEs following the Islamic principles of finance. Capria marks its debut investment in Indonesia’s hot fintech space in a round led by East Ventures, along with AC Ventures, Quona Capital and FEBE Ventures. |
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Salkantay Ventures, the largest VC fund in Peru, achieved an oversubscribed USD 25 Million final close for its first fund to back innovative startups from the region. Dutch Good Growth Fund and Bancóldex participated in the final close along with existing investors Capria, IDB Lab and the Peruvian fund of funds, managed by COFIDE. |
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Ascend Vietnam Ventures, a Capria Network member, marks the close of their USD 64 Million early stage fund. |
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I have the pleasure of interviewing founders from across the Global South on a regular basis. Recently I spoke with Pravin Agarwal, Co-founder and CEO of BetterPlace:
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What’s one recent business decision you are very proud of making Acquiring four companies in the last nine months.
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What’s one business decision you regret? What was your lesson?
I can go on and on with this but building an e-bike solution tops the list. I would not “regret” the decision because I have had a good share of learning from it.
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What’s the one thing, other than capital, that you most seek from your investors?
Partnership to grow into a global leader from where we are today.
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What We Have Been Reading… |
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A seasoned venture capitalist, Bala Srinivasan goes deep into the opportunity with the massive middle Indian markets, young entrepreneurs and technology in his new book “Winning Middle India”. |
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Mobility startups have been attracting a significant sum of investing dollars and there hasn’t been anything micro about it. How much did you know about micro-mobility before this report? |
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Casting a compelling vision, setting the right priorities, executing your strategy, and being able to effectively manage are skills every entrepreneur needs to hone while scaling up their startup. Rahm Shastry deconstructs some popular beliefs in this piece. |
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