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Fundnel Partners With Impact Guru to Transform Social Impact Investing
Singapore-based investment platform Fundnel has entered into a strategic tie-up with Indian crowdfunding platform Impact Guru to tap into philanthropic and investment capital from the Indian diaspora based in Southeast Asia and plough back investments into ventures that address social needs.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
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1mg Gets $16 Million Series B to Make India’s Health Industry More Transparent
India’s pharmaceutical market is filled with generic options—but they don’t always save consumers money. In fact, some drugs are even more expensive than their branded counterparts. Created to give patients more power over their health costs, startup 1mg announced today that it has raised a $16 million Series B led by Maverick Capital Ventures, with participation from returning investors Sequoia India and Omidiyar Network.
- Categories
- Health Care
- Region
- South Asia
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Morningstar Gives Marks for Environmental Prudence
Morningstar has begun to rate more than 20,000 mutual funds on their environmentally sustainable characteristics, and that should give a boost to sustainable investing in general say organizations that promote impact investing.
- Categories
- Environment, Impact Assessment, Investing
- Tags
- impact investing
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Abell Foundation Invests in Baltimore Medical Device Maker
The Abell Foundation has invested $200,000 in Sisu Global Health, a Baltimore-based company that's developing medical devices for doctors in the developing world.
- Categories
- Health Care
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USAID to Support 1,500 Social Entrepreneurs in Uganda
As many as 1,500 social entrepreneurs in Uganda will this year receive training, coaching and mentoring, thanks to a partnership between U.S. Agency for International Development (USAID) and Foundation Uganda Ltd, a social enterprise support system.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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Paytm Launches Wi-Fi Pilot in India; Enables Free Internet for a Limited Duration
Underlining its digital-first approach, Paytm, India’s largest mobile payments and commerce platform, has announced the launch of its ambitious pilot project to enable seamless internet connectivity for users. Under this initiative, Paytm is enabling limited-duration free Wi-Fi for its users in partnership with a licensed ISP. The first such Wi-Fi initiative is already underway near the Noida-18 metro station in partnership with a licensed ISP.
- Categories
- Technology
- Region
- South Asia
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India’s Microfinance Industry Puts Crisis Behind It, Thanks to Regulations, Diligent Borrowers
The aroma of flaming gingelly oil wafted through the air as 16 women employees of Thrissurbased Global Chips & Foods braced themselves for another long day at work. A black wooden board, hung on a recently white-washed wall, listed out their day's chores: 20 kilograms of tapioca chips and 20 kgs potato chips.
- Categories
- Uncategorized
- Region
- South Asia
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The Entire World Has 2 Weeks to Switch Over to a New Oral Polio Vaccine. Here’s Why.
The world is closer than ever to eradicating polio, the horrible disease that inflicts paralysis on its primarily young victims. It's not far-fetched to say that very soon the world will see its last polio case.
- Categories
- Health Care
- Tags
- vaccines
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