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PepsiCo Accused of Harassment After Suing Indian Potato Farmers
The company is seeking about $150,000 (£116,000) in damages from each of the farmers, arguing they broke the law by sourcing and dealing the potatoes without participating in its programme.
- Categories
- Agriculture
- Region
- South Asia
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TCS Signs a Deal With India Post to Transform Country’s Mail Delivery System
On the front-end, TCS has implemented its Point of Sale (PoS) solution across 24,000 post offices with over 80,000 PoS terminals, making this amongst the largest such implementations in the world. Additionally, TCS has built a web portal with consignment tracking capabilities, and set up a multi-lingual call center for customer support.
- Categories
- Technology
- Region
- South Asia
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India’s ZestMoney Raises $20m to Grow Its Digital Lending Service
The round is led by Quona Capital, a stealthy Washington-based fund that invests in emerging market fintech and has an office in India.
- Categories
- Finance, Technology
- Region
- South Asia
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Report: India’s Microfinance Sector Seeing Increasing Risk of Overleverage
Icra said in a statement that an analysis of the portfolio of micro finance institutions (MFIs) reveals that the ticket sizes and loan tenures are rising.
- Categories
- Finance
- Region
- South Asia
- Tags
- microfinance
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Artificial Intelligence for Social Change
AI can consistently provide trusted, personalised healthcare information to large populations, and when responsibly designed, can help people access the resources they may need.
- Categories
- Health Care, Technology
- Region
- South Asia
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Mahindra, Ford to co-Develop Mid-Sized SUV for India, Emerging Markets
The new agreement reinforces the steady progress made since the announcement of a strategic alliance between the two companies in September 2017.
- Region
- South Asia
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Naspers Arm PayU Buys Fintech Startup Wibmo in $70 Million Deal
Founded in 1999 by Setlur and Veena Mistry, Wibmo provides digital payment security technology in India and other emerging markets.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech, startups
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WisdomTree Launches India Ex-State-Owned Enterprises Fund
The fast pace of reform throughout India has made it easier for many firms to piggy-back on the tailwinds provided by the significant growth of the overall economy.
- Categories
- Investing
- Region
- South Asia
- Tags
- impact investing
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