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Asha Ventures, an impact investor, has successfully raised $10 million from British International Investment. This funding will support Asha Ventures in its mission to drive positive social and environmental change through strategic investments.
Mumbai-based solar financing startup Aerem has raised $12 million in a Series A funding round led by Japan’s University of Tokyo Edge Capital Partners, with participation from British International Investment, SE Ventures, and others. Founded in 2021, Aerem provides loans for solar installations and plans to use the funds to expand its market presence and technology platforms. The company reported a significant revenue increase in FY24, with earnings jumping nearly ninefold to $20.52 million.
Grow Indigo has secured $10 million from British International Investment to enhance farmer income and improve climate resilience in India. This funding aims to support sustainable agricultural practices and bolster the livelihoods of local farmers.
IndiGrid, India's largest power sector infrastructure investment trust, has partnered with British International Investment and Norway’s Norfund to invest $300 million in energy transition projects. This funding will support the development of new transmission lines and battery storage through their joint venture, EnerGrid, as stated by IndiGrid CEO Harsh Shah.
Standard Chartered Plc has entered a $350-million financing agreement with the UK’s British International Investment Plc to enhance trade between Africa and South and Southeast Asia. The initiative aims to support small businesses facing working-capital challenges, focusing initially on sectors such as food, agriculture, healthcare, and technology.
Africa's power transmission sector is on the brink of significant investment, as highlighted by the UK development bank British International Investment. With traditional funding sources like the World Bank becoming insufficient due to worsening fiscal conditions, there is an urgent need for capital to upgrade the continent's energy grids.
British International Investment plc
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Asha Ventures secures 10 million dollars from British International Investment
04:35 07.04.2025
Aerem secures 12 million dollars in series A funding for solar financing
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10:45 04.04.2025
grow indigo secures funding to enhance farmer income and climate resilience in india
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standard chartered and uk financier launch 350 million trade initiative for africa asia
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14:10 04.11.2024
investment surge expected for africa's power transmission infrastructure
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