27 October 2016, New York – Durreen Shahnaz, a Bangladeshi-American entrepreneur and founder of Impact Investment Exchange (IIX) and Shujog, received the Asia Game Changer Award for her pioneering work in changing the game for millions through impact investing.
HYDERABAD & SINGAPORE – Impact Investment Exchange (IIX), Shujog, and global investment firm KKR assisted Banyan Nation (“Banyan”) in raising US$800,000 in their first fund raise. This will enable Banyan to scale a business solution which mitigates inefficiencies in India’s waste recycling value chain through the use of technology and sustainable business practices to formalize recycling processes.
22 October 2015 –The inaugural IIX-N-Peace Innovation Challenge has concluded with six winning Impact Enterprises across Asia, celebrated for building peace through innovative businesses in Afghanistan, Indonesia, Myanmar, Nepal, Pakistan and the Philippines.
The six winning enterprises demonstrate a wide range of positive social impact, from generating sustainable livelihoods and fair-trade agriculture, to leveraging mobile technology that delivers access to basic healthcare and renewable energy, amongst other ripple benefits to the communities. By achieving these positive social returns, they have shown that business, innovation and technology are critical aspects in building peace and sustainable development.
Manila, 25 August 2015 – The Impact Accelerator™ program in the Philippines, operated by Impact Investment Exchange Asia (IIX), concludes this week with an Impact Showcase of four winning Social Enterprises (SEs).
Attended by regional and international executives, Impact Showcase provided four innovative SEs the opportunity to pitch their businesses to potential investors and ecosystem partners.
Increases Vaccine Distribution and Employment
MANILA & SINGAPORE – July 21, 2015 – Impact Investment Exchange Asia (“IIX”), a leader in social development through impact investment, Shujog, IIX’s not-for-profit sister organization, and KKR, a leading global investment firm, successfully completed their second social enterprise technical assistance project with Glovax Biotech. Glovax is a fully integrated vaccine company in the Philippines that imports, distributes, and retails vaccines at affordable rates to low-to-middle-income Filipinos.
Singapore, 13 July 2015 – Impact Investment Exchange Asia (IIX) has kicked-off a first-of-its-kind Women’s Livelihood Bond due to be launched in early 2016, as part of its commitment to the Clinton Global Initiative.
The Women’s Livelihood Bond is the first among IIX’s Sustainability Bonds – a series of replicable innovative financial instruments that mobilize private capital for development. Designed to transform the lives of over half a million women in Asia, IIX’s Women’s Livelihood Bond is set to raise $20 million in capital for a pool of underlying issuers, consisting of Social Enterprises and Micro-Finance Institutions, that focus on empowering women.
With deep sadness we bid farewell to Singapore’s Founding Father and first Prime Minister Mr. Lee Kuan Yew. As we lament the loss of a great leader, we simultaneously celebrate his legacy in bringing prosperity to Singapore. Mr. Lee’s passion lives on through the great institutions he built in Singapore and the ripple effects of the country’s success across the region. His impact on the lives of Singaporeans and the rest of the world will continue for generations to come.
Impact Investment Exchange Asia (IIX) and Shujog Assistance for Capacity-building and Technical Services (ACTS), announced today that Arjuni International Ltd. (“Arjuni”), a social enterprise based in Phnom Penh, Cambodia, for which IIX provided business advisory services through Shujog ACTS, has successfully raised investment capital.
Arjuni secured investment from ICCO Investment, an initiative of ICCO Cooperative, which will allow it to expand its business to meet consumer demand and further deepen the impact it has on its beneficiaries across Cambodia.