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IFC to invest $5-6 b in Indian sustainability projects
International Finance Corporation (IFC), the private-sector lending and investment arm of World Bank, is considering investing $5-6 billion towards sustainability projects in India.
- Categories
- Energy, Financial Inclusion
- Region
- South Asia
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Opinion: How technology is helping India move toward smart service delivery
In 2015, India launched eVIN, or electronic vaccine intelligence network — a smart, easy-to-use technology aimed at digitizing vaccine stocks in the country. It’s no small ask in a nation with the largest and most ambitious immunization program in the world — aiming to immunize some 156 million women and children each year.
- Categories
- Health Care, Technology
- Region
- South Asia
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First-of-its-kind report highlights enormous potential for developing mutual and cooperative insurance for the poor in India
With about 600,000 cooperatives in the country with a collective membership of over 250 million people, the potential for developing mutual and cooperative insurance for the poor in India is enormous.
- Categories
- Financial Inclusion
- Region
- South Asia
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Two years in: How’s the world’s first development impact bond for education doing?
Two years after the launch of the first development impact bond(DIB) for education, this innovative financing model is reporting promising results in both enrollment and learning gains.
- Categories
- Education
- Region
- South Asia
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Village women transform into clean energy entrepreneurs in Nepal initiative
Since it began operations in 2012, Empower Generation has created over 20 women-led businesses, employing 300 female distribution agents who go from village-to-village, selling, maintaining and collecting repayments for products.
- Categories
- Energy, Entrepreneurship, Environment
- Region
- South Asia
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India has a new bank designed specifically for Indians afraid of banks
“In our surveys, one feedback was that several customers from the economically weaker sections found big banks intimidating. They were skeptical of how they will be treated,” said Rishi Gupta, managing director & CEO of FINO PayTech. “Therefore, we have tried to become a neighbourhood bank with the look and feel of a mom & pop store where the customer can walk in without hesitating.”
- Categories
- Financial Inclusion
- Region
- South Asia
- Tags
- banking, financial innovation, FINO, India, unbanked
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A new wave of tech talent is emerging, not from India’s classrooms but its hinterlands
Despite finishing school and college, Mandal couldn’t find stable employment in his village in West Midnapur district of India’s West Bengal state.
- Categories
- Education, Technology
- Region
- South Asia
- Tags
- education, India, IT, technology
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Base of startup funding pyramid has shrunk sharply in India; angel, seed deals down
The number of angel and seed investments made in the first half of 2017 (January to June) is down to 260, a sharp drop from 419 in the first half of 2016, according to data from startup analytics firm Tracxn.
- Categories
- Investing
- Region
- South Asia
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