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PRESS RELEASE: At SOCAP 14, Unitus Seed Fund launches its India Impact Acceleration Program
September 2, 2014: San Francisco. Today at SOCAP 14, Unitus Seed Fund launched its India Impact Acceleration Program to help improve and accelerate the early-stage impact startup ecosystem across India in three ways: by increasing connections facilitated through “startup scouts” operating across India, working with leading incubators to help create more “venture capital-ready” startups that target low-income populations, and offering financial assistance to startups that make use of our existing Venture Advisor and Catapult Partner networks.
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USIBC Concludes Successful Pharmaceutical Mission to India
The U.S.-India Business Council (USIBC) has concluded its Pharmaceutical Executive Mission to Delhi, India. The delegation expressed its commitment to the Indian market, called for further dialogue with the government on issues related to pricing and intellectual property, and discussed strategies for expanding greater access to healthcare and health insurance in India.
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- Health Care
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- South Asia
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In Bangladesh, Floating Schools, Farms, And Health Clinics Help Stay On Top Of Rising Waters
Beyond island nations like the Maldives that are quickly getting submerged, no country is more threatened by climate change than Bangladesh. Sitting at the bottom of three huge rivers, much of its surface area is either covered with water, or barely above sea level. Many of its 154 million inhabitants are poor (about a quarter earn less than $2 a day) and Bangladeshis often live in structures unsuited to severe weather. Bangladesh, in short, is a climate disaster in the making. By 2030, rising water could make 20% of the country uninhabitable, forecasts show.
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- Health Care
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India’s MFIs shift focus to urban areas
Microfinance institutions (MFIs), which evolved as precursors of the rural thrift credit market in India, are now shifting to urban areas, with big slums in cities turning out to be cost-effective markets over small villages in far-flung locations.
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India telcos agree on mobile banking through SMSs
MUMBAI: Mobile companies have been persuaded by the Narendra Modi government to share a slice of their infrastructure to pave the way for basic banking services through cellphones.
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Bosch forays into healthcare segment
Auto component major Bosch on Monday announced the launch of a locally developed eyecare solution in India. The company’s new eyescreening and detection system offers a combination of hardware and software and provides affordable eyecare.
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- Health Care
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A tiffin service that serves a special ‘social story’
Her husband hasn’t spoken to her in three months, but Neetu hopes he will come around. After all, she says, working with Lunchbox 17, a tiffin delivery service in South Delhi, has completely changed her attitude. The social enterprise was launched in May by youth-run NGO Swechha and employs women from Jagdamba Camp, a slum near the organisation’s Khirki Extension offices. The initiative aims to provide employment, and eventually empowerment, to the women, and clean and tasty food to young professionals and students in the area.
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Indian PM asks banks to make financial inclusion a national priority
Indian Prime Minister Narendra Modi on Monday asked banks to make the opening of bank accounts in 70 million households this year a national priority.
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