-
Is India’s Demonetization a Failure?
Data released by the Reserve Bank of India indicates that demonetization has failed to flush out black money.
- Categories
- Finance
- Region
- South Asia
- Tags
- failure
-
Shortlist Raises $1 Million in Seed Funding to Help Employers Discover Untapped Talent Across Africa and India
Employment tech startup Shortlist today announced $1 million in seed funding from US-based private equity firm University Ventures, Indian angel investor Samir Shah of Sattva Capital, Kenya-based seed fund Zephyr Acorn, global impact investor FARM Ventures, and US- based investor Bodley Group.
- Source
- Press Release
- Categories
- Technology
- Region
- South Asia
-
IndusInd Bank secures $200 million loan from Asian Development Bank for microlending in India
The 7-year senior loan will go towards IndusInd Bank's micro-finance activities, it said in a statement.
- Categories
- Uncategorized
- Region
- South Asia
-
Google is reportedly releasing a localized mobile payment service in India
The publication claims Google ‘Tez’ — meaning fast in India — will offer a comprehensive set of payment options beyond existing products like Google Wallet or Android Pay. Tez, for one thing, will include support for Unified Payments Interface (UPI) — a payment system backed by the government — and other consumer payment services including Paytm and MobiKwik.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
-
Impact investing finds its place in India
The country’s market for purpose-driven finance could grow to $6 billion to $8 billion in 2025. What’s shaping the landscape?
- Categories
- Impact Assessment, Investing
- Region
- South Asia
-
India: TPG leads $161m funding round in Janalakshmi Financial
According to a company statement, TPG is investing a “significant amount”, while existing investors Morgan Stanley Asia-managed PE fund Treeline, QRG Enterprises and Vallabh Bhansali also participated in the latest round.
- Categories
- Investing
- Region
- South Asia
-
The tumultuous journey of Bharat Financial Inclusion
Bharat Financial Inclusion, formerly SKS Microfinance and India’s first listed microfinance firm, faces a potential merger with IndusInd Bank, which some experts say is the only way for its survival.
- Categories
- Uncategorized
- Region
- South Asia
-
Digital Payments in India – The Race to Capture the Market Begins
According to a recent report on Digital Payment in India 2020 by Google, the total payment via digital instruments is expected to touch $500 billion by 2020.
- Categories
- Technology
- Region
- South Asia
- Tags
- digital payments, fintech
Subscribe to Our Weekly Newsletter, "NextBillion Notes"
Published each Wednesday, our e-newsletter features NextBillion's latest original articles, along with a selection of news, jobs, bizdev opportunities and events from our recent coverage — and regular conference ticket giveaways.
We respect your privacy. Your information is safe and will never be shared.
Don't miss out. Subscribe today.