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  • CavinKare to take on HUL, ITC in bottled shampoo biz

    CavinKare, a Chennai-based unlisted FMCG company known for its Chik brand, has embarked on a strategy which will test its mettle as a low-cost bottled shampoo-maker in the southern markets. The company, which has successfully competed with multinationals, including Hindustan Unilever (HUL), in the sachet segment to retain leadership in key southern markets, will now have to prove its acumen in the bottled shampoo segment, which is increasingly getting competitive with the new marketin...

    Source
    Business Standard (link opens in a new window)
  • Power to the Bottom

    By Lily Huang In Tajikistan, Georgetown graduate student Dan Zuckerman is the face of Kiva, a San Francisco-based microlending organization operating in a region that currently hums with nearly 3,000 Kiva-sponsored entrepreneurs. Zuckerman has to get to know them and act as their bridge to their remote lenders by sharing their stories, both with the people providing loans and with the local microcredit institution, MLF MicroInvest, which is Kiva’s partner. In all ...

    Source
    Newsweek (link opens in a new window)
  • IGNIA Fund I Co-leads US$6.0 Million Investment in Primedic, Mexican Healthcare Provider to the Base

    Monterrey, Mexico, Sept. 3 /PRNewswire IGNIA Fund I, LP announced today that it has committed US$3.0 million to Primedic SAPI de CV as co-lead in a US$6.0 million first round of financing for the Company. Primedic, formerly known as Transparencia Medica, is a leading provider of healthcare services in Monterrey, currently operating three clinics and one radiological imaging facility. This funding will enable Primedic to rapidly expand operations to other cities in Mexico and to at...

    Source
    Tickertech.com (link opens in a new window)
  • A Market at the Bottom of the Pyramid?

    Over the years, it has become fashionable to talk about the business opportunity offered by those at the bottom of the (economic) pyramid. Many national and international seminars have been conducted to highlight this hitherto undiscovered gold-mine. Any challenge to the business rationale for pursuing such a market is considered heretical and almost blasphemous. Under the assumption that it is the responsibility of all business managers to generate the optimum (and certainly a minimu...

    Source
    Business Standard (link opens in a new window)
  • Strong partnership key to success in bottom of the pyramid markets

    For those at the ?bottom of the pyramid? (BoP), the four billion people or so living on less than two dollars a day, life is hard. Although collectively they have considerable combined purchasing power, they have up to now been traditionally overlooked by businesses. However, major multinational corporations (MNCs) are now seeing opportunities in developing products for the BoP markets, while making a difference to the lives of the poor people. ?For this concept to work, there needs...

    Source
    Knowledge @ INSEAD (link opens in a new window)
  • Social Entrepreneurship: Make Everyone A Change-Maker

    By Harvey S. Keh Renato Mercado had worked as an assistant architect for 15 years in Saudi Arabia. Last year, he got a one-month leave and was finally able to visit his family in Laguna province after four years. Upon arrival, he was shocked to know his family was in disarray. His wife was not able to save a single centavo from the remittances he had been making; his eldest son was a drug addict. For Renato, all the sacrifices and years ...

    Source
    Philippine Daily Inquirer (link opens in a new window)
  • Big Finance Muscles In on Microlending

    By Uwe Buse Microloans were invented to help the poorest of the poor help themselves. Now major banks and pension funds are getting into the business, as they discover that the interest paid by the poor can produce high returns. Is it aid or exploitation? Muhammad Yunus is one of the good ones, on a par with Nelson Mandela, Martin Luther King and Mother Teresa. Like them, he won the Nobel ...

    Source
    Spiegel Online (link opens in a new window)
  • Going for Gold in India

    India obviously has barely touched its potential, still faced with vast poverty, corruption, and infrastructure needs. University of Michigan global management expert C. K. Prahalad this spring told Indian business leaders that if India, which is already producing 3 million college graduates a year, can educate the poor, it will have the world’s largest pool of trained people power by 2022. By Derrick Z. Jackson IN WINNING India’s first-ever individual gold med...

    Source
    Boston Globe (link opens in a new window)
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