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India targets Facebook ‘evil’ in backlash against US giants
In the latest skirmish, the government is targeting Facebook Inc’s WhatsApp, the popular messaging service increasingly important to its parent’s bottom line.
- Categories
- Technology
- Region
- South Asia
- Tags
- public policy
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Average deposits in Indian PM Modi’s Jan Dhan accounts jump by over 145%
Prime Minister Narendra Modi’s ambitious financial inclusion programme – Jan Dhan scheme, which was once criticised for zero balance or no deposits in a large number of accounts, has been gradually changing the saving behaviour of poor and rural people in the country.
- Categories
- Finance
- Region
- South Asia
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KKR Turns to Impact Fund Co-Investing With $510 Million Deal
KKR and private equity rivals including Bain Capital and TPG have dived into impact-investing strategies in the past two years, launching funds devoted to sustainability.
- Categories
- Investing
- Region
- South Asia
- Tags
- energy access, ESG, impact investing
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Why India is turning into ESG funding hotspot
Three former Tata group executives have come together with asset manager Quantum Advisors to launch a $1-billion ESG fund to invest $30-50 million in small to mid-cap companies in India for an 8-9% stake.
- Categories
- Investing
- Region
- South Asia
- Tags
- ESG, impact investing
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India most digitally mature country, finds Dell Technologies study
India has emerged as the most digitally mature market in the world, according to a study by Dell Technologies. India secured a score of 58, which is higher than the average score of 50 for emerging economies.
- Categories
- Technology
- Region
- South Asia
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Press release: HerMoneyTalks: India’s First Financial Services Marketplace for Women
Including women in the financial mainstream and making them confident money managers are among the most important focus areas of HerMoneyTalks. "We want to put women's money where it belongs - in their own hands. Our vision is to create a unique ecosystem for women in collaboration with financial institutions, personal finance experts, and related service providers," says HerMoneyTalks.com Co-Founder Hemanth Gorur.
- Categories
- Finance
- Region
- South Asia
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The Rural Credit Rush in India
Data released by Microfinance Institutions Network, a national body for non-banking finance company-micro finance institutions (NBFC-MFIs), shows that NBFC-MFIs, which focus on lending in rural India, account for the largest chunk of the loan portfolio of the microfinance industry.
- Categories
- Finance
- Region
- South Asia
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Viewpoint: No, Pakistani ‘startups’ did not raise over $300 million in investments in 2018
A Pakistani tech publication published an article recently, claiming that Pakistani startups raised $341 million in 2018. This article was shared by many in the Pakistani startup ecosystem. The article was perhaps seen as an acknowledgment of the fact that the technological ecosystem in Pakistan has come a long way and is finally attracting venture capital (VC) money. This might very well be true. But the claim that Pakistani startups raised over $300 million last year is a stretch.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- startups
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