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Goldman Sachs Leads $15M Investment in Indian Fintech Startup ZestMoney
Bangalore-based ZestMoney announced it has raised $15 million from Goldman Sachs and existing investors Naspers Fintech, Quona Capital and Omidyar Network.
- Categories
- Finance
- Region
- South Asia
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In Bihar, India, Solar-Powered Mini Grids Are Slowly Transforming Livelihoods
A silent revolution is unfolding not far from Bihar’s capital Patna, where residents are benefitting hugely from access to reliable, clean solar energy.
- Categories
- Energy
- Region
- South Asia
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How Evolving ESG Disclosure Rules Are Altering Investment Dynamics
An increasing number of investors accept that an evaluation of an investment opportunity (be it equity or fixed income) is not complete without proper appreciation and analysis of these factors.
- Categories
- Investing
- Region
- South Asia
- Tags
- ESG, impact investing
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Education Sector Received the Lion’s Share of Corporate CSR Spend in India
The CSR activities taken up by the companies relate to various sectors including education, healthcare, sanitation, environmental sustainability, poverty alleviation and skill development.
- Categories
- Education
- Region
- South Asia
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Why More Smartphones and Bank Accounts Haven’t Brought Financial Digital Inclusion in India
India's financial sector has been a gung-ho adopter of technology. But design of technology and finance have hardly reflected users’ lived realities.
- Categories
- Finance
- Region
- South Asia
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Central Bank Of Sri Lanka Looks To Build Know-Your-Customer System On Blockchain Tech
“The Central Bank of Sri Lanka (CBSL) together with experts in Sri Lanka’s Financial and Information Technology (IT) industries, is assessing the possibility of applying Blockchain Technology to streamline Know-Your-Customer (KYC) processes at financial institutions. It is expected that this would facilitate several potential use-cases that will increase efficiencies in the financial sector. It is also expected that it would help increase financial inclusion in Sri Lanka.”
- Categories
- Finance
- Region
- South Asia
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IIM-B takes Goldman Sachs ‘10,000 Women in India’ initiative to Mumbai
MUMBAI: Indian Institute of Management Bangalore (IIMB) and Goldman Sachs has expanded the Goldman Sachs 10,000 Women initiative training for women entrepreneurs to Mumbai for its next cohort. “The expansion to Mumbai was a logical choice, given that it is the financial and commercial capital of India,” the premier management institute said in an official statement. IIM Bangalore and Goldman Sachs 10,000 Women have also received the second highest number of applications from Maharashtra, second only to Bengaluru, accounting for 15% of the applications received in the first three cohorts of the program, signaling a need for holistic training for women entrepreneurs in the region, the statement from the institute said.
- Categories
- Uncategorized
- Region
- South Asia
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Silicon Valley-Backed App Lenders Use Phone Data to Hassle Borrowers
Silicon Valley venture capital is funding a wave of fintech startups in India that use data from borrowers’ cellphones to collect on debts in ways that are illegal in both India and the U.S.
- Categories
- Finance, Technology
- Region
- South Asia
- Tags
- fintech, lending, regulations
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