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Villgro Innovation Marketing Raises Seed Capital
Chennai based Villgro Innovation Marketing Private (VIM), an innovative rural distribution company, has raised a significant seed series investment from US-based investment firm Unitus Seed Fund and a group of angel investors to further expand its operations in South India.
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- Press Release
- Categories
- Agriculture
- Region
- South Asia
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Micro-health Insurance Scheme for Poor on Test
A microfinance institution has started piloting a micro-health insurance scheme as an 'alternative' mode of health financing for the Bangladeshi poor to help them overcome the cruel cycle of poverty and illness.
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- Health Care
- Region
- South Asia
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Government’s Heavy-handed Regulation of Microfinance Will Kill It and Bring Back Moneylenders
Among many Bills stuck in the legislative process is the Micro Finance Institutions (Development and Regulation) Bill. This is a 2011 Bill. An earlier 2007 Bill was introduced in the Lok Sabha, but lapsed with the lower House's dissolution in 2009. Financial inclusion shouldn't mean only credit.
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- Uncategorized
- Region
- South Asia
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Cisco Invests in Rural Venture Capital Firm
Cisco today announced an investment in Aavishkaar, a venture fund founded to promote development in rural and semi-urban India.
- Categories
- Investing
- Region
- South Asia
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Innovation Comes Home to Go Global
Innovation in India used to be largely about developing products for personal consumption and cheaper no-frills versions of existing devices. Now the products are targeted at the domestic consumer and for those at the bottom of the pyramid.
- Region
- South Asia
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‘Social Entrepreneur of the Year’ India 2012 Awards is Open for Entries
Jubilant Bhartia Foundation and Schwab Foundation for Social Entrepreneurship are pleased to announce the 'Social Entrepreneur of the Year' Award for 2012 for India. Applicants are invited to participate and share their innovation. The deadline for receiving first round applications is May 31, 2012. Finalists will then be selected following an intensive search and selection process, including expert reviews and site visits. The winner will be announced at a ceremony coinciding with the India Economic Summit in November 2012 in New Delhi.
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- Uncategorized
- Region
- South Asia
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Japanese Professor Shoji Shiba Helping India Inc Breakthrough
Dhobi Ghat, the washermen's hub in Mumbai, is a dingy neighbourhood of clotheslines, discoloured pools of water and rows upon rows of wash pens. But it presents an array of socio-economic groups among the 10,000-odd washermen who live and work here-from smaller washermen thrashing clothes on flogging stones to better-off cleaners who run Laundromats.It's a thriving ecosystem and a perfect case study for how people at the bottom of the pyramid impact an economy.
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- Uncategorized
- Region
- South Asia
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100 Women Who Matter: Entrepreneurs Roundtable
Newsweek Pakistan’s Benazir Shah and Bisma Ahmad got down to business with five leading women entrepreneurs in Lahore recently to talk about the hard slog.
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- Uncategorized
- Region
- South Asia