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Michael and Susan Dell Foundation Earmarks $50 Million for Indian Startups
The Michael and Susan Dell Foundation (MSDF), one the world's biggest philanthropic organisations, and an active impact investor in India, has earmarked an additional $50 million (about Rs 333 crore) towards investments in the country over the next three years.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- philanthropy
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Panel rejects Sanofi’s waiver plea for dengue vaccine
French drug and vaccines giant Sanofi suffered a setback in introducing its much-awaited dengue vaccine Dengvaxia in India after a top health ministry committee rejected its request to waive additional clinical studies.
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- Health Care
- Region
- South Asia
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India Emerging as Fastest-Growing Market for Fintech Software Products
Powered by innovation in payment processing, the fintech software products segment is expanding at a rapid pace in India, according to the National Association of Software and Services Companies (Nasscom), which represents country's IT industry.
- Categories
- Technology
- Region
- South Asia
- Tags
- fintech, remittances
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India’s MobiKwik Raises $50M for Its Mobile Wallet Service
The increase of smartphone ownership in India is fueling the rise of mobile wallets in the country. One company leading the charge, MobiKwik, has topped up its own funds with a $50 million Series C round announced today.
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- Technology
- Region
- South Asia
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Asia Funds Say Socially Responsible Investment Faces Major Hurdles
Appetite for socially responsible investments in Asia is growing but fund managers say there are still major obstacles that prevent more significant investment in such assets.
- Categories
- Investing
- Region
- South Asia
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Airtel to Launch Payments Bank in India in Q2 FY17
Bharti Airtel's mobile commerce subsidiary, Airtel M Commerce Services, has been renamed Airtel Payments Bank. The company plans to launch its payments bank operations in the second quarter of the current fiscal year, it said in a statement on Tuesday.
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- Uncategorized
- Region
- South Asia
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Twenty Crore Bank Accounts Opened: Where Does Jan Dhan Yojana Go From Here? An Explainer
Duplication of accounts, account dormancy and the financial unsustainability of the Bank Mitra model. While the Jan Dhan Yojana may be one of the most exhaustive financial inclusion processes to date, there’s still more to be done.
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- Uncategorized
- Region
- South Asia
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A Single Call Could Reveal Health of Your Lungs
Indian-origin researchers have developed a new health sensing tool that can accurately measure lung function over a simple phone call made with any phone -- not just smartphone -- from anywhere in the world.
- Categories
- Health Care, Technology
- Region
- South Asia
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