Is it realistic to imagine that millions of people in emerging and
developing countries are currently accessing the Internet on their non-smartphones (let’s call them “feature phones”) with speeds comparable to smartphone users in developed countries?
The answer is a resounding “yes” and it’s biNu’s patented
software platform that is making this possible by delivering internet services 10x faster than standard mobile browsers whilst
using 10x less mobile data.
Impact venture capital will not be overlooked or misunderstood for long. DBL Partners (as in double-bottom line) created one of the earliest traditional impact VC funds in 2004, and has had big exits in Tesla, SolarCity, eMeter and OPX Bio, among others. Other investors have had healthy exits with 7th Generation, FLS Energy, Nest Labs, SolarBridge, 2U, Chariot, SKS Microfinance, Ujjivan Financial Services and more. This investment sector is also growing quickly; $3 billion in new funds (TPG Rise and Breakthrough Energy) were announced recently.
The GIIN hopes that insights from this research will further the impact investing industry’s reach and effectiveness, enable data-driven decision-making, and improve transparency of this growing market.