Emerging Economies | July 14, 2017 |
Dear Subscribers,
Hope last week's digest was a great learning experience for you too. I have learned so much while curating my first Startup Digest, about the Emerging Market Economies in Asia Pacific and beyond. In this weekly digest, I am providing you research insights on startup funding in emerging markets globally, middle east, Brazil, and APAC. You will also learn about inclusive fintech startups developing financial services for the needs of low-income populations in emerging markets and economic complexities involved in predicting the new global growth projections for the next decade in India. Enjoy reading!
If you've an amazing resource and want to see your resource in our next digest, I'd love to hear from you too. Looking forward to your feedback and resources. Submit it here.
Have a great weekend.
Thank you.
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| | Lilian Karunungan, Yumi Teso, and Aline Oyamada - Bloomberg (Insights on Global Emerging Economies) Brazil's political turmoil endures as president fights probe. Egypt plans to sell Eurobond as its copes with dollar shortage. Indonesian assets are likely to extend their advance after S&P raised the nation's credit rating to investment grade on Friday. | | J Vignesh - Economic Times Tech (India, Series A, Venture funding) Niki.ai, which runs an artificial intelligence-based personal assistant, has raised $2 million in Series-A funding from San Francisco-based SAP.iO and existing investor Unilazer Ventures. Niki.ai is SAP.iO's first major investment in India. | | Rina Onur (@rinaonur) - Tech Crunch (Middle East, EE Challenges and Opportunities) Rina Onur, is the founding partner of 500 Startups Istanbul. "What is happening in Turkey?" is not a question you want to hear from friends and family abroad when you are trying to scale a business or raise funding for your startup. Having to explain the intricacies of your geography (in addition to your own value proposition) is also not the position you want to be in when you're launching a VC fund. | | Maelis Carraro - Catalyst Fund (Global, Inclusive FinTech) Meet the 5 new Inclusive Fintech Startups in the Catalyst Fund. Catalyst Fund, stated in 2016 is a philanthropic grant fund at the forefront of inclusive fintech, supported by the Gates Foundation and JPMorgan Chase & Co and managed by BFA. Catalyst Fund seeks to accelerate 20 inclusive fintech startups developing financial services for the needs of low-income populations in emerging markets. It aims to enhance industry knowledge and develop customized tools for startups, building on their work supporting startups offering digital financial services to the next billion. | | Center for International Development (CID) - Harvard University (India/ China - Asia Pacific, Economic Research Report) The Atlas of Economic Complexity - New Global Growth Projections Predict the Decade of India: The driver of global economic growth is moving from China to India, where it is likely to stay over the coming decade, according to new growth projections presented by researchers at the Center for International Development at Harvard University. Great insights about APAC region, emerging markets and comparison with rest of the world economies. | | Arabian Business - Bloomberg (Kuwait, Gulf News, Regulatory Environment) Kuwait is seeking to follow its Gulf neighbours in its bid to gain emerging-market status. Regulators are also planning to introduce short-selling and derivative products as they seek to attract foreign cash. | |
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