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Unitus Seed Fund to Raise $50 Million in Second Innings
Unitus Seed Fund, a 'social impact investor' that invests at very early seed stages, says it is raising a second fund of $50 million.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
- Tags
- impact investing
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Are e-Wallets Beginning to Worry Banks in India?
In the last week of October, Paytm founder Vijay Shekhar Sharma received a message from State Bank of India (SBI). It wasn’t good news. The message said the nation’s largest lender and its associate banks would no longer allow their customers to load money from their accounts onto the Paytm wallet.
- Categories
- Technology
- Region
- South Asia
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Hilleman to Invest in R&D for Low-Cost Vaccines
While the incidence of meningitis or meningococcal disease in India is low, the available vaccine for the disease is ‘narrow’ and extremely expensive, says Davinder Gill, CEO, Hilleman Laboratories, a ‘non-profit joint venture’ between US pharma major Merck and UK-based Wellcome Trust.
- Categories
- Health Care
- Region
- South Asia
- Tags
- vaccines
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Cancer Drugs, Stents at 60 Percent Discount Soon
Over 200 cancer drugs, 186 medicines to treat cardiovascular diseases and 148 stents and cardiac implants will now be available at central government hospitals at prices 50-60% lower than the open market.
- Categories
- Health Care
- Region
- South Asia
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Ebix Launches ‘Ask a Doctor’ in Rajasthan, Plans to Expand
The Atlanta, Georgia-based international supplier of on-demand software and e-commerce services to the insurance, financial and healthcare industries, Ebix Inc., recently announced it gas launched its telemedicine service, “Ask a Doctor,” throughout the state of Rajasthan.
- Categories
- Health Care
- Region
- South Asia
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Financial Inclusion: Focus on Middle India
Those wedged between India's welfare and market-driven economies have little social security even as they work under precarious employment conditions.
- Categories
- Uncategorized
- Region
- South Asia
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State Bank of India to Launch Mobile Wallet for Feature Phone Users Next Month
The country's largest lender, State Bank Of India, is all set to become the first bank to offer wallet services for feature phone users.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- mobile finance
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India’s Entrepreneurial Answer to Healthcare
A weak public health system has given rise to market-based approaches in India. A new breed of young tech-savvy entrepreneurs are building businesses to help more Indians have access to healthcare.
- Categories
- Health Care, Technology
- Region
- South Asia