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The Billionaire Backing a Tech Solution to Water Access
Ajay Piramal is leveraging technology to transform life for India’s poorest, by bringing clean water through ATM-style dispensers in remote villages.
- Categories
- Health Care
- Region
- South Asia
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Unitus Seed Fund is clearing the decks for a second fund to support new-age social ventures
Unitus Seed Fund raised $23 million for impact investing in India, nearly a third of it from local investors. It is now gearing up for a second, larger fund. With internet penetration reaching critical mass, the 'base of the pyramid' is a serious investible asset class.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
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Bengaluru-based start-up wins Tata Social Enterprise Challenge
Pentavalent Bio Sciences Private Limited, a city-based start-up took to the winning stand at the 5th edition of Tata Social Enterprise Challenge 2016-17 held on Saturday (January 14) at the Indian Institute of Management Calcutta (IIM-C). An initiative of the Tata Group and IIMC, the event recognized India's most promising early-stage social enterprises that would bring about long-term solutions to India's social needs.
- Categories
- Health Care
- Region
- South Asia
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$48 Million Deal Signed for Nagaland Health Project
The Government of India, the Government of Nagaland and the World Bank have signed a massive 48 million dollars credit agreement for the ‘Nagaland Health Project,’ which aims to improve health services across the state.
- Categories
- Health Care
- Region
- South Asia
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India’s Practo Raises $55M to Expand Its Healthcare Platform to More Emerging Markets
India-based Practo, a startup that helps consumers locate doctors and healthcare information, has closed a $55 million Series D funding round that will fuel an expansion into more emerging markets worldwide.
- Categories
- Health Care, Investing
- Region
- South Asia
- Tags
- venture capital
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Solar Energy Entrepreneurs In India Are Finding Faster, Cleaner and Economical Route to Power
Access to power in India is not a given. Mera Gao Power (MGP), however, is able to offer customers two solar powered lamps and a mobile phone charger for less than a dollar per week, powered by renewable energy sources as opposed to kerosene.
- Categories
- Energy
- Region
- South Asia
- Tags
- renewable energy, solar
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Exclusive: Philip Morris jolted by Indian proposal to ban foreign tobacco investment
Philip Morris International is fighting to keep a toehold in India's $11 billion tobacco market, as the government considers further tightening foreign investment rules in the sector, according to documents seen by Reuters.
- Categories
- Health Care, Investing
- Region
- South Asia
- Tags
- ESG
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The Curious Case of 4.5 Million Jan Dhan Accounts That Were Closed During India’s Demonetisation Chaos
The Narendra Modi government’s flagship financial inclusion scheme—the Pradhan Mantri Jan-Dhan Yojana (PMJDY)—has always been about big numbers.
- Categories
- Uncategorized
- Region
- South Asia
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