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A New Breed of Startups is Offering Microloans in India
When Deepthi K, a software engineer, came to know of a wedding in her in-law's family 15 days ahead of her salary day, she was in a fix. Neither did she have the money needed for the wedding nor the time to apply for a bank loanand go through a long paperwork process. Pressed for time, she approached a city-based start-up instead and got the entire amount of Rs 3 lakh within two days.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Google May Help Out With a Tech-Forward Public Health Solution in India
Google is getting into government. According to a report from The Economic Times, the tech giant is in talks with the Indian government regarding a public health sector partnership. Should a collaboration come to fruition, Google would offer a tech-based solution to help officials collect and analyze health data more efficiently.
- Categories
- Health Care, Technology
- Region
- South Asia
- Tags
- public health
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India’s Government Thinks a Universal Basic Income Could Eradicate Poverty
India is considering a radical idea for tackling poverty: rolling out a Universal Basic Income (UBI), according to a report by the country's Ministry of Finance.
- Categories
- Uncategorized
- Region
- South Asia
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India’s microfinance industry showing signs of overheating, again
India’s microfinance industry is showing signs of overheating in a possible reminder of the crisis that hit micro lenders in Andhra Pradesh in 2010. According to Crif High Mark Credit Information Services, a credit bureau, around 1.26 million microfinance borrowers had received top-up loans over and above their existing loan amounts as of December end.
- Categories
- Technology
- Region
- South Asia
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Here are the 10 startups chosen for India’s first ‘Startupbootcamp FinTech’
FinTech is at the forefront of the transformation in the financial industry and is changing the way value and ownership is exchanged, the risk is managed and transactions are performed. While this transformation is taking place across the globe, India's growing economy and large and under-tapped consumer base provide a significant opportunity for innovation in the sector.
- Categories
- Technology
- Region
- South Asia
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Wipro and PATH Announce Partnership to Improve Health in Developing Countries
Wipro Limited (NYSE: WIT, BSE: 507685, NSE: WIPRO), a leading global information technology, consulting and business process services company, and PATH, an international nonprofit organization and global leader in health and innovation, focused on improving health care, especially for women and children, today announced a partnership. Wipro and PATH will partner to improve health outcomes in developing countries in Africa and Asia Pacific by collaborating on information and technology systems that accelerate progress on health innovations in low-resource environments.
- Categories
- Health Care, Technology
- Region
- South Asia
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5 Reasons Why India’s Aadhaar Journey Since 2014 Is Incredible
Numbers speak. In the case of Aadhaar — India’s biometric-based unique identification scheme for all citizens — the numbers are massive. What started merely as a unique identification programme six and a half years ago graduated to becoming a tool for public service delivery reforms in the second phase and for de-duplication, e-KYC and direct benefit transfer in the third phase. In its latest avatar, Aadhaar is poised to truly change the way Indians have done financial transactions until now.
- Categories
- Technology
- Region
- South Asia
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Indonesia: Bank Central Asia Launches VC Unit, to Invest $15m in Fintech
Indonesia’s largest private bank Bank Central Asia (BCA) has launched a venture capital business unit called Central Capital Ventura (CCV), joining the race to use financial technology (fintech) startups to reach the otherwise “unbanked” markets.
- Categories
- Investing
- Region
- South Asia
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