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Indian Angel Network launches IAN Impact for social enterprises; to invest up to $333K in 6 firms per year
Indian Angel Network (IAN), a national network of angel investors investing in startups and early-stage ventures, has formed a sub-group called IAN Impact, which will focus on social enterprises addressing the problems of people living at the bottom of the pyramid.
- Categories
- Uncategorized
- Region
- South Asia
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After Factory Disaster, Bangladesh NGO Offers Support to Improve Work Conditions
In April, a Bangladesh factory collapsed, causing the death of at least 1,127 workers due to unsafe conditions. Special correspondent Fred de Sam Lazaro reports on efforts by one organization to help survivors and victims' families recover from the disaster, and to monitor promises made by the garment industry to improve.
- Region
- South Asia
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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.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- product design
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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
- Tags
- impact investing
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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