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How Paytm went big on Indian demonetization
India’s biggest fintech has doubled its user base in a year and is on track to have 500 million customers by 2020. It is backed by Ant Financial and Softbank and spurred by state policy on financial inclusion. How far can Paytm go?
- Categories
- Finance
- Region
- South Asia
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Amazon launches special store for women entrepreneurs
American online retailer Amazon has launched a new program -- Amazon Saheli --aimed at empowering and enabling women entrepreneurs across the country to sell their products on the its marketplace.
- Categories
- Uncategorized
- Region
- South Asia
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Singapore social startups build a niche market in India
In the last few years, a number of social Singapore origin startups have been building a niche market in India.
- Region
- South Asia
- Tags
- startups
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How small loans can be made cheaper
“Our mothers and sisters who live in villages, whether they are educated or not, have taken a pledge. Twelve lakh people have taken a pledge that they will transact their self-help group-related business cashlessly; they will go with digital transaction, with RuPay cards,” Modi said.
- Categories
- Finance
- Region
- South Asia
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Uber sees India development centers driving global innovations
“India is one of our key development centers and we have a strong commitment here. We have lots of innovation coming out of here (India) for the Indian market but also for the entire world, the most prominent one being cash. Cash is used (to pay for rides) in many countries now,” Uber global head of product Daniel Graf said.
- Region
- South Asia
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India’s health ministry moves to limit antibiotics in meat
The ministry's decision follows studies indicating that India's antimicrobial resistance problem is expected to worsen due to overuse of antibiotics in animals reared for consumption.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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Viewpoint: Impact funds not scaling fast enough in India
There isn’t any doubt that impact investors such as Aavishkaar have made tremendous progress over the past decade since venture capital as an asset class returned in earnest to this market. Over the last seven years, 2010-2016, impact investors have put $5.2 billion to work across 485 deals, according to a McKinsey & Co. report in September. It wasn’t until 2010 that impact investments in India started to gather momentum and the last two years have been quite exceptional. Investments touched the billion-dollar mark for the first time in 2015 and scaled to nearly $1.1 billion last year.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
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Press release: MetLife Foundation & Verb Launch Competition To Accelerate Financial Innovation In Bangladesh
The Bangladesh competition will attract participants that have innovative ideas or solutions to empower the over 75 million Bangladeshis that manage their day-to-day financial lives without a bank account. MetLife associates will serve as mentors and judges for the competition, contributing hundreds of volunteer hours.
- Categories
- Uncategorized
- Region
- South Asia
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