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Impact Investment and Venture Capital Firms Join in Investing in the BOP

Rishi Malhotra June 21, 2010

CSR Wire and IGNIA
IGNIA, Latin America’s largest impact investment fund based in Mexico and Axial, a venture capital fund based in Brazil, are going to do joint investments in enterprises that address poverty in the BOP in Brazil. The investments will address a diverse range of fields such as education, healthcare, and basic services. With the BOP representing 2/3 of Brazil’s population, about 110 million people, this partnership has the potential to address poverty at a large scale. IGNIA will be at SOCAP10 and Axial has been with us in the past.
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