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IIM Amedabad’s CIIE launches $25 million Bharat Inclusion Initiative
IIM-Ahmedabad’s Centre for Innovation, Incubation and Entrepreneurship (CIIE) has launched the Bharat Inclusion Initiative, with a commitment of $25 million from The Bill and Melinda Gates Foundation, Omidyar Network and Michael and Susan Dell Foundation. The initiative will focus on incubating and backing startups that work in areas such as financial inclusion, livelihood, education and health.
- Categories
- Investing, Technology
- Region
- South Asia
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India largest remittance-receiving country in the world: Report
India was the largest remittance-receiving country in the world, with migrant workers from the country sending home USD 69 billion in 2017, according to a report which said remittances to the Asia-Pacific region amounted to US 256 billion last year.
- Region
- South Asia
- Tags
- remittances
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Why India’s air pollution is so horrendous
A whopping nine in 10 people on Earth breathe highly polluted air, and more than 80 percent of urban dwellers have to endure outdoor pollution that exceeds health standards, according to the WHO’s World Global Ambient Air Quality Database.
- Categories
- Environment, Health Care
- Region
- South Asia
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Gramophone: Farm doctors at your service
The Indore-based startup is leveraging technology to make farming more predictable and profitable for farmers in Madhya Pradesh, India.
- Categories
- Agriculture
- Region
- South Asia
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Taps that don’t go dry: This summer, water ATMs to the rescue
The mobile water dispensing systems from Swajal and JanaJal are providing safe drinking water in rural as well as urban areas with the help of IoT and solar energy, reducing use of plastic.
- Categories
- WASH
- Region
- South Asia
- Tags
- global development, SDGs
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Unitus Ventures Raises INR 100 Crore Towards First Close of Fund II
Michael & Susan Dell Foundation, Bill Gates, Hemendra Kothari and others invest again in India’s leading early-stage impact fund. Unitus Ventures to invest INR 5-15 crore each in ~30 startups in healthcare, education and inclusive fintech.
- Categories
- Investing
- Region
- South Asia
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Ankur Capital to launch $50m new fund next quarter, looks to cut bigger cheques
Mumbai-based impact investor Ankur Capital is gearing up to launch a new fund of up to $50 million in the next few months, which will provide the investment firm the bandwidth to cut bigger cheques.
- Region
- South Asia
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bKash, Ant Financial to promote financial inclusion in Bangladesh
The partnership involves Ant Financial investing into bKash and increasing its technological capabilities, allowing it to provide greater convenience and security in mobile financial services throughout Bangladesh.
- Categories
- Finance
- Region
- South Asia
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