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India Digest: Karbon Card, ePayLater, Fittr in funding news
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ePayLater Raises $10 Mn For Expansion & Product Enhancement
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Villgro, Artha Impact unveils iPitch 2021–Access to $5 million funding for Social Enterprises
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Villgro, India’s incubator for social enterprises, has announced its fifth edition of the social start-up discovery platform – iPitch 2021. This year, iPitch brings together its largest coalition of impact investors and incubators to channel its highest ever pool of funding, amounting to an unprecedented USD 5 million.
Villgro and Switzerland-based Artha Impact are jointly launching iPitch with an aim to connect hundreds of social entrepreneurs with impact investors; this is beyond the 30+ entrepreneurs that stand to win funding. This year’s coalition is seeking a wider range of enterprises right from prototype stage to revenue generating enterprises that are creating innovative and scalable solutions in Agriculture, Climate Action, Healthcare, Shelter-tech & Housing, Education and Livelihood among other sectors. Social entrepreneurs will have access to grants, equity and debt solutions with ticket sizes ranging from USD 25,000 to USD 1 million.
Godi Energy to set up lithium-ion cell facility - The Hindu BusinessLine
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