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Abhijit Ray: ‘There is a yawning gap in early stage impact investing in India’
Five days ago, India’s largest angel investing group, the Indian Angel Network, started a fund focused solely on socially relevant enterprises, with its first investment in Gram Vaani, a community radio enterprise based out of Delhi. Last year, about $151 million (about Rs 902 crore) was invested in social ventures across India, marking the rise of serious interest in the space of social investment, both from mainstream and sector investors.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- impact investing
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Hyderabad Debates Health Insurance Model As Public Hospitals Decay
On February 21, during the afternoon rush hour in a busy shopping center in downtown Hyderabad in the southern state of Andhra Pradesh, two makeshift bombs packed with bolts and nails were detonated in one of the deadliest terrorist attacks in the city’s history. Over 100 people were injured by the blasts, and many were transported for treatment to Osmania General Hospital, the largest public hospital in the city.
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- Health Care
- Region
- South Asia
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‘The Govt’s decision of sending inexperienced MBBS doctors to rural India is flawed’
According to various sources, the Central Government and the Medical Council of India have reached a consensus about introducing a compulsory one-year rural stint for any MBBS student who wishes to sit for post-graduation entrance exams.
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- Health Care
- Region
- South Asia
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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.
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- 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.
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- 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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