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Are Mobile Wallets Here to Stay? Or Is Cash Still King for the Indian Consumer?
A burgeoning middle class, rising levels of disposable income, better internet services than ever before, skyrocketing growth of smartphone usage, investor money flowing into the mobile payments industry– the time has never been better for India’s mobile wallet startups, for sure. But is the Indian consumer reluctant to give up cash? If so, why?
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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‘India B-schools lack courses on social entrepreneurship’
Chennai: Highlighting the need to include courses on social entrepreneurship in B-schools, prof V Kasturi Rangan of Harvard Business School said, "All management schools should offer such courses to sensitise people towards social causes. Most business school courses are very corporate-oriented."
- Categories
- Education
- Region
- South Asia
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Unlocking Solutions for the Poor With Inclusive Business Innovations
Over 300 representatives of companies, social enterprises, and governments Asia-wide will gather 15-19 February at ADB for the 2nd Inclusive Business Forum for Asia.The forum, organised by ADB and eightdevelopment partners, is one of the year’s most significant regional events on inclusive business in Asia.
- Categories
- Impact Assessment
- Region
- South Asia
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A $7 Smartphone is Launching in India Tomorrow
An Indian handset maker is ready to launch the country's cheapest smartphone under Rs 500 ($7), which could be a game changer in one of the world's fastest growing smartphone markets. Called Freedom 251, it has been manufactured by a homegrown company, Ringing Bells.
- Categories
- Technology
- Region
- South Asia
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India Sets Target to Eliminate Malaria by 2030
The Centre on Thursday set the target of eliminating malaria by 2030 after neighbouring countries like Sri Lanka and Nepal reported no deaths due to the vector-borne disease in the past several years.
- Categories
- Health Care
- Region
- South Asia
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What a Bank’s Foundation Is Doing to Push Financial Inclusion in India and Beyond
It’s been a while since we’ve checked in on the Citi Foundation’s financial inclusion work, but rest assured that this funding is still going strong. Citi is one of the top driving financial inclusion forces in corporate philanthropy, splitting support among North America, Latin America, Asia/Pacific, Europe, the Middle East, and Africa.
- Categories
- Technology
- Region
- South Asia
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India’s Paytm Is Raising Another $400M to Build Out Its New Payment Bank
Alibaba-backed Paytm, one of the bigger e-commerce startups competing against Amazon in India, is raising money again, just months after a reported $680 million round. Sources close to the company say that Paytm is now looking to raise $400 million by June to help with the launch of Paytm’s new payments business, Paytm Payment Bank.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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Menstrual Hygiene Makers Like Aakar Innovations, Saral Designs Signal Emergence of Local Brands
Aakar Innovations, makers of affordable, 100% compostable sanitary napkins for women in low income segments, is testing a new variant of its product that will be made from indigenously available raw materials.
- Categories
- Environment
- Region
- South Asia
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