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Villgro Announces Business Pitch Contests in Four Cities in February-March 2015
Villgro announces Unconvention|L, an event that seeks to unearth and nurture social entrepreneurs, in four cities in the next two months.
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- Uncategorized
- Region
- South Asia
- Tags
- impact investing
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Payment Banks: How It Is Possible to Build a Business Around Financial Inclusion
Dattaram, 50, earns Rs 9,000 a month doing domestic chores in three to four homes in a Mumbai neighbourhood.
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- Technology
- Region
- South Asia
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Mastercard Opens Tech Hub and Preps for Masterpass in India
MasterCard has opened its largest Tech Hub outside of the U.S. in Pune, India, and plans to roll out its mobile payments system in April, the card brand said on Wednesday (Feb. 4).
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- Uncategorized
- Region
- South Asia
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Shell Foundation May Invest $75 Million in Clean Energy in India Over Next 5 Years
Shell Foundation, an independent charity set up by Anglo-Dutch energy group Shell, plans to allocate about half of its $150 million deployable funds in India's clean energy sector over the next five years, a top official said. The foundation may not invest the funds directly into projects but in for-profit companies or financial institutes, which will in turn invest in solutions to make cheap energy options accessible in rural and urban poor areas. "We want to take a marketbased approach where we can fund or forward grants to companies who are directly or indirectly providing the bottom of the pyramid with access to energy," said Pradeep Pursnani, deputy director-chief operating officer at Shell Foundation.
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- Energy
- Region
- South Asia
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Jeff Bezos-Backed Startup Remitly Now Offers Money Transfers to India
Remitly wants to make it easier and cheaper for people to transfer money to family and friends in India.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Obama’s Visit, New Partnership Could Boost Mobile Money in India
The focus of the media attention during the president's visit was the historic invitation to be the honored guest at India's Republic Day -- a first for the U.S. and a signal of the close and evolving relationship between the two countries. However, what got little notice was something the president left behind, something that will likely contribute to the biggest transformation for the poor in India.
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- Uncategorized
- Region
- South Asia
- Tags
- digital payments
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Greenlight Planet Receives Funding of $10 Million
Solar energy product company Greenlight Planet has raised $10 million (Rs in funding led by Fidelity Growth Partners India to support its distribution expansion efforts in India and Southeast Asia.
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- Energy
- Region
- South Asia
- Tags
- impact investing, solar
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Mylan to Buy Women’s Health Business in India for $800M
Mylan Inc. said Monday that it is acquiring some women's health care businesses from an Indian partner in a deal that could be worth more than $800 million and help it capitalize on demand for contraceptives in developing countries.
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- Health Care
- Region
- South Asia
