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Launch in Karachi: National incubation centre to start operations
After making inroads into Lahore, Islamabad and Peshawar, a national incubation centre (NIC) is being established in Karachi to train youth who are looking forward to becoming tech-based entrepreneurs with the objective of dismantling old-fashioned systems and introducing new creative solutions.
- Categories
- Technology
- Region
- South Asia
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India accounts for 55% of new bank accounts opened globally: World Bank
India's financial inclusion efforts have won recognition from the World Bank as their data indicate that 55 per cent of new bank accounts opened are from India, Financial Services Secretary Rajiv Kumar said.
- Region
- South Asia
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100m Pakistanis without a bank account, says World Bank
Pakistan is home to 100 million adults without a bank account, with 13 per cent adults citing religious concerns as a reason for not having account at a financial institution, a World Bank report on the use of financial services revealed.
- Region
- South Asia
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Viewpoint: Why Indian industry needs science-based social innovation and entrepreneurship
Social Alpha is setting up a number of endowment and investment funds to ensure that enough catalytic risk capital is available in the high impact social innovation space.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- startups
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Delhi-based fintech startup Affordplan raises Series B round
Affordplan, a Delhi-based fintech startup that makes healthcare services accessible through planned savings for non-emergency treatments, has raised fresh capital in its Series B round from a clutch of investors.
- Region
- South Asia
- Tags
- fintech, startups, venture capital
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Press release: Government of India and the World Bank Sign a New Project to Benefit Over 25 Million Small and Marginal Farmers in Maharashtra
The project is expected to benefit over 7 million people spread over an area of 3.0 million ha and cover 5,142 villages across 15 most climate vulnerable districts of the region.
- Categories
- Agriculture, Environment
- Region
- South Asia
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A ‘miracle’ in India will disrupt e-wallets and incumbents
As countries around the globe endure fragmented payment markets, where citizens and businesses suffer from cash dependency, poor accessibility, high transaction costs and low interoperability between different payment systems, India’s Unified Payment Interface presents a miracle model that other developing economies can emulate, as they look to move away from cash-centricity and overhaul their own payments infrastructure in pursuit of speed, security, auditability and financial inclusion.
- Categories
- Finance
- Region
- South Asia
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Concern Worldwide, Trickle Up and MetLife Foundation to support ultra poor women in Bangladesh
The program aims to support 600 families through an adapted graduation approach and increase access and usage of financial services for 12,400 women.
- Region
- South Asia
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