IGNIA Fund raises $20.6M to help Latin America’s poorest
The IGNIA Fund has raised $20.6 million that it plans to invest in companies targeting Latin America’s poorest residents. The round was led by Omidyar Network, the philanthropic investment group created by eBay founder Pierre Omidyar. IGNIA’s financing is already larger than the $17 million that Omidyar Network helped raise for a similar fund in India, and it plans to raise more — $50 to $75 million in all, starting with a second round this… Continue Reading