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Biocon Recognized for Outstanding Contribution to Public Health by WHO – India
Biocon’s integrated healthcare initiatives is constantly engaged in improving the quality of life of several thousand communities in India.
- Categories
- Health Care
- Region
- South Asia
- Tags
- public health
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India’s Push for Banks for All Leaves Some Still Outside
Firozaben, a nurse at an upscale clinic here, opened an account at the state-owned Bank of Baroda Ltd. in December, attracted by the promise of an overdraft provision and accident- and life-insurance policies—all for no fee, courtesy of a government program to bring India’s masses into the banking system.
- Categories
- Uncategorized
- Region
- South Asia
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Indian E-Commerce Giant Snapdeal Buys Bill Payment Service FreeCharge
Snapdeal, the SoftBank- and eBay-backed online commerce company in India, has completed what it called “one of the biggest acquisitions in the history of the internet industry in India” after it announced the acquisition of online transaction serviceFreeCharge.
- Categories
- Technology
- Region
- South Asia
- Tags
- lending
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Prime Minister Modi Launches MUDRA Bank, Expected to Benefit 5.77 crore Microfinance Institutions in India
Prime Minister Narendra Modi on Wednesday launched MUDRA Bank under Pradhan Mantri Jan Dhan Yojana. This will provide credit of up to Rs 10 lakh to small entrepreneurs and act as a regulator for 'Micro-Finance Institutions' (MFIs).
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Financial Planning Lessons From Indian Prime Minister Narendra Modi
That Narendra Modi is a skilful orator is not news, but to hear him in person and to see him use ground-level common sense to drive home financial lessons to an auditorium full of bankers is quite an experience. The venue was the 80th birthday party of the Reserve Bank of India (RBI) at the National Centre for Performing Arts in Mumbai. And in case you were wondering, as I did, as to why celebrate 80 years rather than the global norm of 75 or 100, Modi said that 80 years is special to Indians because it marks the sahastra darshan or the 1,000 viewings of the full moon by a person who turns 80.
- Categories
- Uncategorized
- Region
- South Asia
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Indian Mobile Wallet Leader MobiKwik Raises Close to $25 Million in Funding, Targets Another $100 Million By End of 2015
Mobile wallet company, MobiKwik, which has over 15 million users and 25,000 merchants, has announced that it raised close to $25 million in a Series B round led by Tree Line Asia. Cisco Investments, American Express and the existing investor, Sequoia Capital were part of the fund raising drive.
- Categories
- Technology
- Region
- South Asia
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The Social Media Network Saving Lives, No Internet Needed
At one of India’s most prestigious tech universities, IIT Delhi, assistant professor in technology for development Aaditeshwar Seth has been spearheading a social media network for the country’s rural and largely poor population—no Internet required.
- Categories
- Health Care, Technology
- Region
- South Asia
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Rajasthan’s Karma Healthcare Bags Funding to Bring Telemedicine to Villages
Indian rural healthcare startup Karma Healthcare has raised an undisclosed amount in pre-series A round from impact fund Ankur Capital and an unnamed international VC firm.
- Categories
- Health Care
- Region
- South Asia
- Tags
- impact investing
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