Social Enterprises
Google co-founder gifts $700m in Alphabet shares
The filing revealed that the gift consists of 4.1 million shares, equally divided between Class A and Class C stock.
Alipay Ant Forest marks 600m trees milestone on Earth Day
The initiative converts eco-friendly activities into ‘green energy’ for funding tree planting.
Indonesian organic sanitary brand secures Init-6’s backing
Uma Women’s products address the growing demand for eco-friendly options.
Lenovo launches first AI hub in Hong Kong
This partnership will incorporate AI computer vision, natural language processing, and robotic process automation.
UAE-based social crowdfunding app launches in Malaysia
The app currently raises funds for various initiatives, such as building community schools and installing solar water pumps.
Meta, McKinsey execs back LGBTQ+ mental health startup’s $376k round
India-based Evolve will put the fresh funds toward expanding the core team and developing its product features.
🇮🇳 Roundup: Ola to buy neobank to bolster fintech offering (Updated)
Also, Glance acquires gaming firm Gambit to launch NFT-based live gaming on lock screens.
UN, 500 Startups launch accelerator for social enterprises in Indonesia
ImpactAim Indonesia is set to recruit up to 10 local startups to participate in its 10-week-long program in Jakarta.
Vegan food review platform banks $2m in seed round led by 500 Startups
Singapore-based Abillionveg will use the fresh funds to further develop its technology, grow its community, and build out its team.
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