Press Releases

Press Release

Durreen Shahnaz Honored by Asia Game Changer Award for Pioneering Work in Impact Investing

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.

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IIX, Shujog and KKR Partner with Banyan Nation to Increase the Sustainability of Indian Recycling

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.

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Winning Impact Enterprises of IIX-N-Peace Innovation Challenge celebrated for building peace across Asia

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.

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The IIX-N-Peace Innovation Challenge calls for enterprises to build peace through business and social impact

UNDP, N-Peace Network and Impact Investment Exchange Asia (IIX) launched the first IIX-N-Peace Innovation Challenge in Afghanistan, Indonesia, Myanmar, Nepal, Pakistan and the Philippines
27 August 2015 – The IIX-N-Peace Innovation Challenge 2015 is now open for applications to encourage Impact Enterprises (IEs) to show how they are building peace through market-based solutions for development challenges. Six IEs will win the Challenge and get a chance to showcase their work at a special UNDP-hosted event in New York.

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IIX’s first Impact Accelerator in the Philippines concludes with Impact Showcase

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.

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IIX, Shujog, and KKR Partner with Glovax to Scale Social Impact

Glovax, Philippine Vaccine Company, Receives US$1 Million Credit Line;
Increases Vaccine Distribution and Employment

MANILA & SINGAPORE – July 21, 2015Impact 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.

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IIX’s Women’s Livelihood Bond™ to Improve Lives of Half a Million Women

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.

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Condolence Statement on the passing of Mr. Lee Kuan Yew

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.

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Impact Investment Exchange Asia selects 4 innovative Social Enterprises for Impact Accelerator

IIX (Impact Investment Exchange Asia) is pleased to announce that 4 Social Enterprises (SEs) have been selected for its Philippines-based Impact Accelerator™. Impact Accelerator is an intensive acceleration program that targets early-stage SEs with high potential for growth and scalability.

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Arjuni, recipient of advisory services from IIX facilitated by Shujog

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.

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