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GAIA Bespoke receives investment from Angel Investor Sanjib Jha

GAIA Bespoke, a one-stop destination for women’s tailor-made Western wear, today made an announcement for its recent round of funding from Angel Investor Sanjib Jha, Lead Advisor at SIDBI/World Bank and former founding CEO of IntelleGrow. With Sanjib Jha as an Investor and Strategic Advisor, the brand will strengthen its operations followed by planned expansion to other cities. Founded by Gayatri Thampi,… Read More »

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Dating app Bumble launches fund to invest in women-led startups

Dating and networking app Bumble has just announced the launch of the Bumble Fund, a new pot of money focused on early stage investments specifically aimed at helping diverse, female entrepreneurs raise capital for their businesses. Last year, female founders received just $1.9 billion of the total $85 billion invested by venture capitalists — that’s… Read More »

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Microtraction invests in two Nigerian fintech startups Wallet.ng, Allpro

One-year-old Nigerian venture capital firm  Microtraction has announced a new round of investments in two Nigerian fintech strartups – Allpro and Wallet.ng. Launched in July of last year, early-stage investment platform Microtraction invests up to US$65,000 in startups at the very earliest stage of their development. The fund recently announced its first two investments, having funded in Nigerian fintech startups CowryWise and Bitkoin Africa (both of… Read More »

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SAP’s SAP.io Foundry debuts the graduates of its second women-focused accelerator

SAP, the German-based enterprise software giant, has unveiled the New York-based cohort from its SAP.io Foundry accelerator programs focused on women-led technology companies. The first program was launched in San Francisco in July 2017, and while the company has launched additional accelerator programs in Berlin and Tel Aviv (with plans for a Paris accelerator in the fall),… Read More »

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Nigerian fintech startup Mines raises US$13m Series A round

US-based fintech Mines, founded by a Nigerian team to build digital credit products for underserved populations, has raised $13-million in a Series-A round. The round was led by The Rise Fund, a global fund managed by TPG Growth. Also participating are Velocity Capital, Western Technology Investments, First Ally Capital, X/Seed Capital, NYCA Partners, Persistent Capital, Singularity Investments, Trans Sahara Investments and the Bank of Industry. Founded in 2014, Mines provides… Read More »

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Playboy sues Canadian blockchain startup for screwing its cryptocurrency porno payment plan

Adult entertainment giant Playboy Enterprises is suing Canadian startup Global Blockchain Technologies for fraud and breaching a contract the two companies signed earlier this year. According to a lawsuit filed in early August with the Los Angeles Superior Court, Playboy and Global Blockchain Technologies (GBT) signed a memorandum of understanding in March stating that GBT would help… Read More »

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AR startup Ubiquity6 lands $27M Series B

San Francisco based AR startup Ubiquity6, that is building a platform for people to create and interact in shared AR spaces connected to the real world announced that it has closed a $27 million Series B led by Benchmark and Index Ventures. The startup has raised over $37 million to date with plenty of high-profile VC firms amongst… Read More »

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Alibaba’s Jack Ma launches $10m Netpreneur Prize for African entrepreneurs

Alibaba founder Jack Ma has established a new contest that will see African entrepreneurs compete for $10 million in funding, with the aim of supporting businesses that are growing the continent’s nascent digital economy. The Netpreneur Prize is being created with the aim of supporting and funding African entrepreneurs working to address the continent’s most important challenges… Read More »

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