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Are Mobile Wallets Here to Stay? Or Is Cash Still King for the Indian Consumer?
A burgeoning middle class, rising levels of disposable income, better internet services than ever before, skyrocketing growth of smartphone usage, investor money flowing into the mobile payments industry– the time has never been better for India’s mobile wallet startups, for sure. But is the Indian consumer reluctant to give up cash? If so, why?
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
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Involver – Social Volunteering: An App That Brings Together Humanitarians, the Gamification Way
A barrier that those looking to give back to the community most often face is not knowing how and where to start. Even for corporations, while corporate social responsibility (CSR) is gaining ground, it is still an uphill task to bring together a largely distributed workforce and quantify impact of contributions in terms of CSR.
- Categories
- Technology
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New Company From GiveDirectly Founders Aims to Streamline Payment Systems
The Global Innovation Fund announced its first round of investments on Tuesday, the first of which went to Segovia, a software technology platform to streamline payment systems.
- Categories
- Technology
- Tags
- digital payments, fintech
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‘India B-schools lack courses on social entrepreneurship’
Chennai: Highlighting the need to include courses on social entrepreneurship in B-schools, prof V Kasturi Rangan of Harvard Business School said, "All management schools should offer such courses to sensitise people towards social causes. Most business school courses are very corporate-oriented."
- Categories
- Education
- Region
- South Asia
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JPMorgan-Backed FinLab Opens Applications for Startups
JPMorgan Chase has announced a $3 million year-two challenge for technologically innovative startups, in conjunction with the Financial Solutions Lab (FinLab) at the Center for Financial Services Innovation (CFSI).
- Categories
- Technology
- Tags
- fintech
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Unlocking Solutions for the Poor With Inclusive Business Innovations
Over 300 representatives of companies, social enterprises, and governments Asia-wide will gather 15-19 February at ADB for the 2nd Inclusive Business Forum for Asia.The forum, organised by ADB and eightdevelopment partners, is one of the year’s most significant regional events on inclusive business in Asia.
- Categories
- Impact Assessment
- Region
- South Asia
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A $7 Smartphone is Launching in India Tomorrow
An Indian handset maker is ready to launch the country's cheapest smartphone under Rs 500 ($7), which could be a game changer in one of the world's fastest growing smartphone markets. Called Freedom 251, it has been manufactured by a homegrown company, Ringing Bells.
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- Technology
- Region
- South Asia
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How Africa Internet Group Became Africa’s First Venture Capital-Backed Business to Be Valued at $1 Billion
Africa Internet Group (AIG), parent company to e-commerce brands like Jumia and Jovago, has become Africa’s first venture capital-backed business to be valued at $1 billion dollars after an $83 million investment from insurance company AXA for an 8% stake.
- Categories
- Investing
- Region
- Sub-Saharan Africa
- Tags
- venture capital
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