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This Social Entrepreneur Got Attention and Funding from Ratan Tata
Ratan Tata, one of the famous business tycoons of India is again in news for his love for startups. The Tata Sons Chairman Emeritus has invested in San Francisco-based medical emergency response startup MUrgency Inc. The mobile app startup makes emergency response available with one tap on a mobile phone in less than 9.0 minutes in urban areas.
- Region
- South Asia
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Amid India’s Drought Crisis, Suicides Increase Among Farmers Deep In Debt
In India, two consecutive years of weak monsoons have left some 330 million people – a quarter of the country – in the grip of drought. Deepening the crisis, farmers are taking their lives.
- Categories
- Health Care
- Region
- South Asia
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How business schools are fostering social impact
At Indian Institute of Management Kozhikode, every student mandatorily takes up a social project as part of the core curriculum. The objective is to make the students understand the society at large and sensitise them to the challenges faced by various sections of the society.
- Categories
- Education
- Region
- South Asia
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An Indian Farmer’s Son Is Now Worth More Than $300 Million After His Health Care Firm’s IPO
By his own admission, Arokiaswamy Velumani was born at the bottom of the pyramid. The son of a landless farmer from the nondescript village of Appanickenpatti Padur in Tamil Nadu, Velumani saw through school and college on subsidised funding from the government.
- Categories
- Health Care
- Region
- South Asia
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Serve Rural Areas or Lose License, Central Bank of Nepal Governor Tells Microfinance Institutions
Nepal Rastra Bank (NRB) Governor Chiranjibi Nepal has warned that the central bank may scrap the license of microfinance institutions who fail to reach rural areas of the country.
- Categories
- Uncategorized
- Region
- South Asia
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Tight Government Regulation, Paucity of Innovation Limiting Crowdfunding Startups in India
Crowdfunding is globally a $16-billion industry and as per estimates, in 2016 with a total investment volume of $34 billion, it is likely to overtake the amount of equity funding from venture capitalists to startups which is $30 billion.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- crowdfunding, regulations
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Report: India’s United Payments System to Make Mobile Wallets Redundant
The ongoing push by the Reserve Bank to revolutionise banking through the Unified Payments Interface (UPI) will leave mobile wallets redundant, as mobile banking has jumped over threefold in February from the year-ago period, according to a report.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech
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Op-ed: Marching to a Different Drummer: Social Enterprise Gains Popularity in China
Researchers Huan Chen, Juelin Yin and Florian Kohlbacher from the International Business School Suzhou (IBSS) at Xi'an Jiaotong-Liverpool University (XJTLU) in Suzhou explain why and how the idea of “social enterprise” is beginning to gain some traction in China.
- Categories
- Uncategorized
- Region
- South Asia
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