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Momo, a Mobile Payment Firm in Vietnam, Lands $28M Led by Standard Chartered Bank
Vietnam is emerging as a technology market of note in Asia. Weeks after U.S. VC firm 500 Startups announced a fund for the country, Vietnam-based fintech company Momo has landed a $28 million investment round from banking giants Standard Chartered (SCB) and Goldman Sachs.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- digital payments, fintech
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Social Impact Investment in India Set to Double By 2020
Combining profits with philanthropy is no easy task but a growing number of social venture capital funds and impact investors are doing just that.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
- Tags
- impact investing
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Why e-Tailers Are Rushing to Tap India’s Payments Goldmine
As Indian e-commerce majors ramp up their presence in the payments space, Digbijay Mishra and Samidha Sharma find out why online retailers are taking a leaf out of the China playbook and throwing their weight behind this new line of business.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Coworking in India Means Sharing More Than Just a Desk
From taxi drivers to tech innovators, the Indian freelance economy has exploded in recent years. An estimated 15 million freelancers currently operate in the country, making India second only to the United States in terms of independent workers. As Indians break out of traditional employment, they’re breaking out of traditional workplaces, too — and in their stead, creative coworking spaces are thriving.
- Categories
- Technology
- Region
- South Asia
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Govt Announces Rollout of Anti-Tuberculosis Medicine Bedaquiline
Monday, the union health ministry announced the rollout of bedaquiline, the first anti-tuberculosis medicine made in 40 years. As the drug was prepared in quick response to the World Health Organisation's urgent call in 2012 to pharmaceutical companies to work on anti-TB medications, it hasn't been widely tested like most drugs are.
- Categories
- Health Care
- Region
- South Asia
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China Vows Crackdown on Fake Vaccines Amid Scandal
Chinese authorities have pledged to crack down on the black market sale of vaccines after a case was made public involving nearly $90 million (62 million pounds) worth of illegal vaccines that are suspected of being sold in dozens of provinces around the country.
- Categories
- Health Care
- Region
- South Asia
- Tags
- vaccines
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Cleaning Up India’s Economic Lifeline
Dawn was breaking over Delhi as our train began its ritual crawl into the station. This is almost always the case with busy railway stations in India: the last mile never seems to end, sometimes taking up to an hour. If you look out of the window during this hour, you are likely to see dozens of men and boys, possibly residents of nearby slums, squatting on the ground and defecating in peace, unmindful of the slowly passing train and its impatient occupants.
- Categories
- Health Care
- Region
- South Asia
- Tags
- infrastructure
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See Impact Investing As Part of An Evolution Towards a Fairer Society: Ronald Cohen
Ronald Cohen, one of the pioneers of private equity in Europe who set up and ran investment group Apax Partners for 33 years, has turned into an evangelist for social enterprises. The 70-year-old, currently chairman of The Portland Trust and Bridges Ventures, believes that impact investing -which looks at both financial and social returns -can be a game changer for social development. Cohen, with more than $55 billion of global assets under management, is in India to meet investors, philanthropists and social entrepreneurs. In an interview with ET, he talks about the global trends in the social investment space.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
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