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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