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In 7 years, cash will no longer be king for most Indians
In the next seven years, cashless or digital transactions will overtake cash transactions in India — the world’s fastest-growing internet economy — which hopes to add over 300 million internet users by 2020.
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- Uncategorized
- Region
- South Asia
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This Indian Tech Disruptor Is Changing India’s Health Insurance Claims System
If you suffer the misfortune of being an inpatient in the Indian medical system, you may find your time spent trying to file health insurance claims ends up being longer than your time as a patient, because it’s all being filed by hand. One company set out to be the first to solve this, finding an unusual new problem ahead.
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- Health Care
- Region
- South Asia
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IFMR Investment Managers raises $15 million debt fund targeting microfinance firms
Chennai-based IFMR Investment Managers, a wholly owned subsidiary of IFMR Capital, is raising a Rs 100 crore (around $ 15 million) debt fund to invest in the microfinance businesses.
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- Uncategorized
- Region
- South Asia
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10 new VC investors who are upbeat on Indian start-ups
The venture capital gold rush to India that began with Tiger Global Management’s purchase of a slice of Flipkart in 2010 ebbed five years later, ending in cash crunch, valuation cuts and many shutdowns in India’s start-up landscape.
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- Uncategorized
- Region
- South Asia
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Forus Health’s 3nethra Neo to screen premature babies for eye condition
Lightweight, easily portable, handheld, rugged and highly cost effective is how one would describe the 3nethra Neo, a Retinopathy of Prematurity (ROP) imaging platform, developed by Bengaluru based Forus Health. 3nethra Neo screens prematurely born babies who could potentially have retinopathy of prematurity, a condition wherein abnormal blood vessels grow in the retina, the layer in the eye that enables us to see.
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- Health Care, Technology
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- South Asia
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Serum Institute to launch a new vaccine every year, says Poonawala
Pune-based vaccines maker Serum Institute plans to launch a new vaccine every year and will launch the first ever synthetic vaccine for rabies by the year-end, CEO, Adar Poonawala, has said.
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- Health Care, Technology
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- South Asia
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Heart stents to get cheaper in India; medical devices industry frowns at move
India would soon reduce the prices of stents used in procedures for treatment of heart ailments. The union health ministry on Wednesday added coronary stents to the National List of Essential Medicines (NLEM), 2015, which would now face a reduction in prices.
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- Health Care
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- South Asia
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- regulations
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Viewpoint: Women are the engines of the Indian economy but our contribution is ignored
Women’s participation in work is an indicator of their status in a society. Paid work offers more opportunities for women’s agency, mobility and empowerment, and it usually leads to greater social recognition of the work that women do, whether paid or unpaid. Where women’s work participation rates are relatively low, it is safe to say that the surrounding society isn’t giving women the capacities, opportunities and freedom to engage in productive work, nor recognising the vast amount of work performed by women as unpaid labour.
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- Impact Assessment
- Region
- South Asia