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IFMR Investment to raise Rs 550 crore for financial inclusion space
Kolkata: IFMR Investment Managers Pvt Ltd is aiming to raise a minimum Rs 550 crore from long term investors keen to exposure to the country’s growing inclusive finance space. The Chennai-based company, wholly owned by IFMR Capital, has unveiled two debt funds and expects domestic institutional investors such as insurance companies, banks and non-banking finance companies to invest in them. About 10% of the issue is kept for private wealth funds.
- Categories
- Investing
- Region
- South Asia
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Social Entrepreneur Weaves Together Benefits for Bangladesh Garment Workers
Saif Rashid believes that, given the right market opportunities, millions of Bangladeshis can lift themselves up financially. With an innovative new model called APON, he is empowering the workers of Bangladesh’s ready-made garment manufacturing industry to increase their disposable income and build better, healthier lives.
- Categories
- Health Care
- Region
- South Asia
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How Lattice Innovations fills the gap in healthcare by design
Three years ago, Chayan Chatterjee and his colleagues Soura Bhattacharyya and Sahil Mehta were heading the medical technology group at a Kolkata-based affordable-care provider.Their goal was to identify ways in which technology could be used to deliver high-quality, affordable care -a quest that took them to small towns and villages.
- Categories
- Health Care, Technology
- Region
- South Asia
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Five Bright Spots and Four Causes For Worry From The First Official Indian Health Survey In A Decade
The Ministry of Health and Family Welfare finally released the findings of the fourth National Family Health Survey (NFHS), India's primary source of data on public health, on Tuesday. The NFHS-4, which is meant to be conducted every five years, comes after a ten year gap this time because of differences of opinion between the government and its partners.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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In India, merely opening accounts for women won’t ensure equality
For some reason, the government appears to have developed last-minute cold feet about delivering the coup de grâce to the Bharatiya Mahila Bank, started with much fanfare a few years ago as a bank of, for and by women, which has been going nowhere in a hurry since its launch.
- Categories
- Uncategorized
- Region
- South Asia
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Indian City Advances as Fintech Hub as Visa, Reuters Move In
Multinational giants Thomson Reuters and Visa will launch their operations in the south Indian city of Vishakhapatnam next month, as the city gains prominence as a leading financial technology hub in the country. Global data and technology provider Thomson Reuters will join the world’s leading payments network Visa in launching operations in Vishakhapatnam, a coastal Indian city in the southern state of Andhra Pradesh.
- Categories
- Technology
- Region
- South Asia
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Kenya Cabinet Secretary denies claims that government wants to break up Safaricom
The government has allayed reports that it is intending to split leading telecommunication operator in the country, Safaricom. Information, Communication and Technology Cabinet Secretary Joe Mucheru has insisted that the government’s role is to provide policy guidance and coordination in the sector as opposed to interfering in business operations and investment.
- Categories
- Technology
- Region
- South Asia
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India Plans Health Scheme to Save $121 Billion Every Year
A national level program to eradicate blindness is being running across India since 1976 but corruption and inadequate government funding failed to improve the situation.
- Categories
- Health Care
- Region
- South Asia
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