SDGs

Pakistan-based healthtech firm Sehat Kahani lands $1m in pre-series A round – Tech In Asia

Pakistan-based healthtech firm Sehat Kahani announced it has raised US$1 million in its pre-series A round from investors including the Islamic Development bank, 10Pearls Ventures, Mentors Fund, Korean Impact Collective Funds, and Impact Investment Exchange.

The round also saw participation from the Pakistan-based KASB Group of Companies and Din Group, along with other angel investors.

Sehat Kahani was launched in 2017 as a chain of telemedicine-enabled e-health clinics in underserved communities. Since then, its platform has been used by banks, insurance companies, telecom firms, media houses, pharmaceuticals, and fast-moving consumer goods companies. The firm also serves patients in far-flung areas through small nurse-assisted e-health clinics. READ MORE

Pakistan’s Sehat Kahani raises $1 million Pre-Series A to grow its telemedicine network – MENABytes

Karachi-headquartered telemedicine startup Sehat Kahani has raised $1 million in a Pre-Series A round, it announced today. The investment came from Islamic Development Bank, 10Pearls Ventures, Mentors Fund, Singapore-based Korean Impact Fund, and Impact Investment Exchange. KASB Securities, Din Group, and some angels also joined the round

Founded in 2017 by two female doctors, Sara Saeed Khurram and Iffat Zafar Aga, Sehat Kahani had started as a network to connect home-based female doctors to patients through telemedicine-enabled brick and mortar health clinics. The idea was to use a large number of female doctors who due to family commitments are unable to practice medicine at a hospital or clinic and connect them with patients in underserved communities through a network of nurse-assisted health clinics. READ MORE

SBP takes necessary steps to promote tech startups – The News International

The State Bank of Pakistan is taking all necessary initiatives to provide an enabling environment for the information and technology startups and women financial inclusion, the central bank’s governor said on Monday.

“The SBP is working on gender mainstreaming policy titled ‘Banking on Equality: Reducing the Gender Gap in Financial Inclusion’.

The proposed policy aims to introduce a gender lens within the financial sector through identified pillars and specific measures, to bring a shift towards women friendly business practices,” the SBP’s Governor Reza Baqir said at an event organised by Sehat Kahani, a telemedicine startup that has raised $1 million in a Pre-Series A round. READ MORE

Kinara Capital Secures INR 52 Crores from IIX’s Women’s Livelihood Bond Series for HerVikas Discounted Loan Program for Women Entrepreneurs – Latestly

Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India. This sustainable investment fund will be disbursed via Kinara Capital’s established HerVikas discounted loan program to an estimated 2500+ women-owned small businesses. The expected impact of the partnership between IIX and Kinara Capital will generate an incremental income of INR 320 crores for women entrepreneurs. READ MORE

Kinara Capital Secures INR 52 Crores from IIX’s Women’s Livelihood Bond Series for HerVikas Discounted Loan Program for Women Entrepreneurs – MRT

Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India.
This sustainable investment fund will be disbursed via Kinara Capital’s established HerVikas discounted loan program to an estimated 2500+ women-owned small businesses. The expected impact of the partnership between IIX and Kinara Capital will generate an incremental income of INR 320 crores for women entrepreneurs. READ MORE

Kinara Capital Secures INR 52 Crores from IIX’s Women’s Livelihood Bond Series for HerVikas Discounted Loan Program for Women Entrepreneurs – IT News Online

Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India. This sustainable investment fund will be disbursed via Kinara Capital’s established HerVikas discounted loan program to an estimated 2500+ women-owned small businesses. The expected impact of the partnership between IIX and Kinara Capital will generate an incremental income of INR 320 crores for women entrepreneurs. READ MORE

Kinara Capital Secures INR 52 Crores from IIX’s Women’s Livelihood Bond Series for HerVikas Discounted Loan Program for Women Entrepreneurs – Lokmat English

Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India.  READ MORE

Kinara Capital Secures INR 52 Crores from IIX’s Women’s Livelihood Bond Series for HerVikas Discounted Loan Program for Women Entrepreneurs – Yahoo News

Kinara Capital, a leading socially responsible fintech driving MSME financial inclusion, today announced securing INR 52 crores from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India. This sustainable investment fund will be disbursed via Kinara Capital’s established HerVikas discounted loan program to an estimated 2500+ women-owned small businesses. The expected impact of the partnership between IIX and Kinara Capital will generate an incremental income of INR 320 crores for women entrepreneurs. READ MORE

Indian fintech firm Kinara Capital bags $7m in funding for women entrepreneurs – Tech In Asia

Kinara Capital, a fintech company that provides loans to micro, small, and medium enterprises, announced it has secured 520 million rupees (US$7 million) in investment from Impact Investment Exchange (IIX).

Founded in 2011, Kinara Capital is a non-banking financial company that propels the financial inclusion of small entrepreneurs through collateral-free business loans.

It launched its HerVikas business loans program in March last year to accelerate the financial inclusion of women entrepreneurs in India. The program enables their “vikas” or progress with an automatic upfront discount of 1% on interest costs on collateral-free business loans between 100,000 rupees (US$1,363.2) and 3 million rupees (US$40,898.6). READ MORE

Kinara Capital secures Rs 52 Cr from Impact Investment Exchange for women entrepreneurs – Your Story

Small business lender Kinara Capital on Monday announced securing Rs 52 crore from Impact Investment Exchange (IIX) for the advancement of women entrepreneurs in India. This investment fund will be disbursed via Kinara Capital’s established HerVikas discounted loan programme to an estimated 2,500+ women-owned small businesses.

The HerVikas programme enables ‘her progress’ with an automatic upfront discount of one percent on interest costs on fast, collateral-free business loans in the range of Rs 1 lakh to 30 lakh. The discounted loan programme for women-owned MSMEs is available in 90+ cities across the states of Andhra Pradesh, Gujarat, Karnataka, Maharashtra, Tamil Nadu, Telangana, and Puducherry (UT). READ MORE