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Catch the latest in tech innovation and entrepreneurial ventures. Explore our curated news updates for insights into the startup ecosystem.

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BetterPlace Pivots Away from New-Age Firms to Traditional Enterprises

Software-as-a-service (SaaS) platform for frontline workforce management BetterPlace has shifted its strategy to focus on large traditional enterprises where low technology penetration presents a big market opportunity, away from new-age businesses earlier. The business contribution from new-age companies has shrunk...
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Surya Mantha’s Thoughts on Why This Isn’t the End of Edtech

If you’ve not been living under a rock, you’d be well aware of the crisis in Indian edtech. Once the poster boy of Indian edtech, BYJU’S is now struggling to pay operational costs, trying to raise money at valuations in...
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Indonesia Fintech Wagely Makes Bank While Helping the Unbanked

Wagely, a fintech out of Indonesia, made a name for itself with earned wage access: a way for workers in Southeast Asian countries to get advances on their salaries without resorting to higher-interest loans. With half a million people now...
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Why We Invested in wagely

Hafizur Rahman, a worker employed in a Bangladeshi RMG factory, struggled to repay a loan he had taken the previous month to meet his gas and electricity expenses.  Hafizur then learned about wagely, which offers an affordable, reliable, and transparent...
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wagely Secures USD 23M in New Funding Round

Jakarta/Dhaka, March 4, 2024 – wagely, Asia’s leading financial wellbeing platform for workers, has secured USD 23 million in a new funding round. The funding round comprises a mix of equity and debt financing. Capria Ventures, a Global South specialist...
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How Masai School’s Talent Circle Connects Top Candidates With Tech Companies

Given the massive layoffs and an overall slowdown due to macroeconomic factors, the tech industry may not be in the pink of health post the Covid-19 pandemic. However, most companies are struggling to bridge the talent gap that costs them...
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Bfree, a Nigerian Startup Enabling Lenders to Recover Debt Ethically, Gets $3M Backing

Bfree, a tech-enabled debt collection startup based in Nigeria, was founded to automate and introduce ethical debt recovery processes after its founders witnessed the use and adverse effects of aggressive retrieval techniques, such as incessant calling and debt-shaming, by predatory digital...
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How GenAI Is Transforming the Future Workforce?

The discourse, articulated by Ved Antani, Chief Product & Technology Officer at BetterPlace, delves into the transformative impact of Generative AI (GenAI) on frontline workforce management. In a thought-provoking interview, Ved Antani, Chief Product & Technology Officer at BetterPlace, delves...
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Why We Invested in BFREE

Amaka, a market woman operating in the Mushin market in Lagos, was drowning in debt and did not know a way out of the downward spiral. She had taken several loans from lenders and defaulted on all of them. "I...
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BFREE Secures USD 2.95M in Funding Round Led by Capria Ventures

BFREE, Africa's leading ethical credit manager, secures USD 2.95 million in funding led by Capria Ventures. Leveraging AI, BFREE reshapes credit collection, empowering consumers and lenders while fostering financial stability. With an initial focus on credit collection automation, BFREE now...
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Unitus Ventures is now Capria India

Unitus Ventures, a leading venture capital firm in India, is joining forces with its US affiliate Capria Ventures, a Global South specialist, to operate with a unified global strategy under a single brand, Capria Ventures.