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SIDBI and Shell Foundation launch $3.1M fund to boost green finance for India's nano-entrepreneurs.

Market News
05 May 2026
GlobeNewsWire
View Source
Bullish
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SIDBI and Shell Foundation have partnered to launch the Empower Nanopreneurs for Green Transition Risk Sharing Facility (EN-Trans RSF), a $3.1 million initiative to improve access to green finance for nano-entrepreneurs in India. This project supports low-income communities by facilitating loans for clean energy technologies like solar dryers and cookstoves, aiming to benefit up to 443,000 people over six years. The fund reduces credit risk for lenders by providing second-loss coverage, encouraging more financial institutions to support green loans aligned with India's Net Zero 2070 goal. This initiative also includes technical assistance to ensure effective implementation and measurable impact.

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Cortea raises €12M to launch AI tools enhancing audit quality and efficiency for firms in UK, US, and Germany.

Cortea raises €12M to launch AI tools enhancing audit quality and efficiency for firms in UK, US, and Germany.

Cortea secured €12 million in funding led by Dawn Capital to develop AI-powered Audit Quality Agents that review audit reports and financial statements, identifying errors and inconsistencies before sign-off. These tools help audit firms improve qual...

Others
Bullish
1 hour ago
Cortea raises €12M to help auditors use AI without losing quality

Cortea raises €12M to help auditors use AI without losing quality

Cortea secured €12 million in seed funding led by Dawn Capital to develop AI tools that enhance audit quality without compromising accuracy. Their Audit Quality Agents review audit reports and financial statements to detect inconsistencies and errors...

Company Fundamentals
Bullish
1 hour ago
Hong Kong launches 'Summer Fun' with events, discounts, and exclusive offers to boost tourism this summer.

Hong Kong launches 'Summer Fun' with events, discounts, and exclusive offers to boost tourism this summer.

Hong Kong Tourism Board has launched the "Hong Kong Summer Fun" campaign featuring a series of vibrant summer events including the 50th Sun Life Hong Kong International Dragon Boat Festival, Pixar Summer Fest, and a major football event with top Euro...

Market News
Bullish
1 hour ago
Hong Kong launches "Summer Fun" with citywide events and massive deals through August.

Hong Kong launches "Summer Fun" with citywide events and massive deals through August.

Hong Kong Tourism Board has launched the "Hong Kong Summer Fun" campaign, featuring festivals, family attractions, sports events, and exclusive summer deals valid until August 31. Highlights include the 50th Sun Life Hong Kong International Dragon Bo...

Market News
Bullish
1 hour ago
XTransfer named to FXC Intelligence’s Top 100 Cross-Border Payments Companies for 2026 again

XTransfer named to FXC Intelligence’s Top 100 Cross-Border Payments Companies for 2026 again

XTransfer has been recognized for the second consecutive year in FXC Intelligence’s 2026 Top 100 Cross-Border Payments Companies list, highlighting its role in advancing global B2B payment solutions. The company, serving over 890,000 enterprises in 2...

Market News
Bullish
1 hour ago
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