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ISB competition for social entrepreneurship ideas
Do you have an idea that has a potential to make a social impact? The Indian School of Business (ISB) has announced iDiya, a nationwide idea competition for working professionals who are interested in starting ventures with a potential to create a positive impact on society.
- Categories
- Impact Assessment
- Region
- South Asia
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Allahabad MFI Sonata Finance raises $6.35M from Creation Investments, others
Chicago-based Creation Investments made its first investment in India in 2010 by picking up stake in Eko India Financial Services.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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$4 billion planned for investment in social enterprise in 2012: Report
According to a global impact investment market study by JP Morgan, and the Global Impact Investment Network (GIIN), investors see the social enterprise as a market 'in its infancy and growing' with almost $ 4 billion planned for investment in 2012. Over the last eight years $ 600 million has been invested in social enterprises in India itself. The Monitor Institute estimates that over the next 5 - 10 years impact investments will grow to 1 percent of global assets under management, emerging as a new asset class.
- Categories
- Impact Assessment
- Region
- South Asia
- Tags
- impact investing
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Citi Foundation Grants $180k to Parinaam Foundation of India
Citi Foundation, the charitable arm of the US-based financial provider Citigroup, reportedly has given a grant of INR 10 million (USD 180,000) to Parinaam Foundation, an Indian nonprofit organization, to deliver Parinaam’s Diksha Financial Literacy Program to approximately 31,000 microfinance clients.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Intellecap facilitates investment of INR 250 million in NationWide, from Norwest Venture Partners
Intellecap today announced that it has facilitated an investment of INR 250 million from Norwest Venture Partners in Nationwide Primary Healthcare Services, a pioneering chain of general practitioner and pediatric clinics backed by US based angels.
- Categories
- Health Care
- Region
- South Asia
- Tags
- impact investing
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In Andhra Pradesh, moneylenders rush to fill vacuum created by MFIs
The Andhra Pradesh crackdown on microfinance companies has driven an increasing number of poor borrowers in the State back into the arms of local moneylenders, a recent survey shows.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- microfinance
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Institute for sustainable enterprise takes off
An innovative concept to promote green technology and support entrepreneurs to build a sustainable business on this much needed space has taken shape in Bangalore. Indian Institute for Sustainable Enterprise (IISE), promoted by some well known global and Indian personalities has kicked off its operations and is set to launch its post-graduate certificate programme in sustainable enterprise shortly.
- Categories
- Environment, Technology
- Region
- South Asia
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Is a Youth Revolution Brewing in India?
Among the world’s major countries, India has the youngest population, and the oldest leaders. A startling four-decade gap between the median age of India’s people and that of its government officials most recently reared its head with a heavy-handed and widely-maligned crackdown on free speech on the Internet.
- Region
- South Asia
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