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Crowdsourced microlending platform Milaap raises $1.1M from Jungle Ventures, Skype co-founder & others
Singapore- and Bangalore-based online microlending platform Milaap Social Ventures has raised $1.1 million (around Rs 6.6 crore) from Singapore-based Jungle Ventures and others for development of the platform and scale up its operations with more marketing and engineering, according to a company statement.
- Categories
- Technology
- Region
- South Asia
- Tags
- microfinance
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Enter India’s amazing world of frugal innovation
In 2001 a huge earthquake shook the state of Gujarat in India.2,000 people were killed, 400,000 lost their homes, and countless more lost their businesses in the devastation.One young entrepreneur, Mansukhbhai Prajapati, lost everything, but found an innovative way to get back on his feet.
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- Uncategorized
- Region
- South Asia
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Indian drug makers shifting R&D operations to South East Asia: Survey
AHMEDABAD: Red tapism is pushing India's Rs 1,00,000 crore pharmaceutical industry in peril as most of the pharma companies shifting research and development (R&D) operations and clinical trials to South-East Asian countries of Cambodia, Korea, Philippines, Singapore, Thailand, Vietnam and others, according to a just concluded survey by ASSOCHAM.
- Categories
- Health Care
- Region
- South Asia
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India battles misconceptions on mental illness
Many Indian villagers blame evil spirits, and stigma still runs deep. As suicides soar, officials focus on training community-based mental health workers.
- Categories
- Health Care
- Region
- South Asia
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Ronnie Screwvala puts profit first in social impact ventures
Ronnie Screwvala, the managing director of Walt Disney India, logs in 70 hours a week for the entertainment company and yet devotes 10-15 hours to philanthropy and social impact businesses. "Whatever one makes from the business, 10-15% should always go back to society," he says.
- Categories
- Impact Assessment
- Region
- South Asia
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Poverty alleviation: Villagers thrive by using alternative energy
Farmers in Ahmadwala, a village some 40 kilometres to the west of Lahore, are no longer worried about power outages affecting their livelihoods.
- Categories
- Agriculture, Energy
- Region
- South Asia
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Renewable energy marks Kerry visit to India
U.S. Secretary of State John Kerry wrapped up on Tuesday his first visit to India with the highlight of a $100 million loan guarantee program by USAID on private sector financing for clean energy under the Development Credit Authority.
- Region
- South Asia
- Tags
- renewable energy
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Health insurance surge to put India in top 10 pharma markets
India’s drugs and pharmaceuticals market is poised to become one of the top 10 in the world in value with total sales doubling to $26 billion by 2016, driven by an expected surge in health insurance, according to the latest market prognosis report by drug market researcher IMS Health.
- Categories
- Health Care
- Region
- South Asia