-
India’s agritech startups are employing data mining and AI to improve crop yield, make farming profitable
Agritech startups seem to be having their moment in the sun. There are many startups like SatSure that are disrupting the Indian agricultural economy in unexpected ways. Intello Labs, for example, uses image-recognition software to monitor crops and predict the health of farm yields.
- Categories
- Agriculture, Technology
- Region
- South Asia
-
Impact investor Aavishkaar-Intellecap to raise up to $75m to fund growth
The capital raised from the fundraising will allow Aavishkaar-Intellecap Group to support its subsidiaries as they look to scale and to seed some new businesses, says founder Vineet Rai.
- Categories
- Investing
- Region
- South Asia
- Tags
- impact investing
-
Press release: OPIC loan to expand access to clean water in India
“This project offers an innovative approach to making safe water more available and affordable and illustrates how businesses can develop new solutions to longstanding global challenges,” said Ray W. Washburne, OPIC President and CEO. “By increasing access to clean water, the project will improve the health and quality of life for millions of Indians, particularly women who typically have the primary responsibility for obtaining and managing the household water supply.”
- Categories
- Health Care, WASH
- Region
- South Asia
- Tags
- global development, SDGs
-
Accenture, Grameen Foundation collaborate to leverage AI, AR to help low-income women
New applications leverage the power of artificial intelligence and augmented reality to improve financial capacity and decision-making for and by the poor.
- Categories
- Technology
- Region
- South Asia
-
IDFC Foundation partners Vasudhara Dairy to bring Financial Inclusion to over 1000 villages
IDFC Foundation, the Corporate Social Responsibility (CSR) arm of IDFC Group, has partnered Vasudhara Dairy, to bring financial inclusion to over 1000 unbanked villages in the tribal districts of Gujarat and Maharashtra, using Financial Inclusion Devices or interoperable microATMs.
This initiative will enable thousands of farmers to now access financial services in their villages. Farmers in these unbanked locations are compelled to travel 5-10 kilometers to reach a traditional ATM or bank branch.- Categories
- Finance
- Region
- South Asia
-
Telenor Group and Ant Financial in strategic partnership to deliver inclusive financial services in Pakistan
Telenor Group has reached a strategic partnership agreement with Ant Financial Services Group ("Ant Financial") in Pakistan, where Ant Financial will invest USD 184.5m for a 45% stake in Telenor Microfinance Bank ("TMB"), a subsidiary of Telenor Group, to further develop TMB's mobile payment and digital financial services.
- Categories
- Finance, Technology
- Region
- South Asia
-
To sell payment services in rural India, MoneyOnMobile borrows a U.S. model
In India, tens of millions of merchants still operate largely in cash with a mostly unbanked rural population. Technology could solve their problems, but the bigger differentiator may be in how payment services are sold.
- Categories
- Finance
- Region
- South Asia
-
GIC-Backed Bandhan Bank’s Indian IPO to Raise Up to $689 Million
Bandhan Bank Ltd., the first Indian microfinance lender to get a banking permit, has set the price range for its initial public offering, which could raise as much as 44.73 billion rupees ($689 million).
- Region
- South Asia
- Tags
- microfinance
The Best of NextBillion in Your Inbox Each Week!
Subscribe to NB Notes for news, jobs & on-the-ground insights from the world of emerging markets business.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.