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What’s Driving India’s Fintech Boom?
An explosion of smartphone users and a world-class digital infrastructure are fueling the rapid growth of fintech in India. But innovating for low-income groups remains a challenge.
- Categories
- Finance
- Region
- South Asia
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WhatsApp Payments testing for Android, iOS in India could worry Paytm, other e-wallets
WhatsApp has been working on a digital transaction feature since 2017, and the same was spotted at times in the wild. The appearances in the past have been on earlier beta version of the popular messaging application.
- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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Tata Trusts launches energy innovation challenge
Tata Trusts’s Social Alpha Energy Challenge aims to discover next-gen technology innovations that promise to unlock new solutions to India’s energy challenges.
- Categories
- Energy
- Region
- South Asia
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What Blocks The Success Runway For Fintech Startups In India?
Despite adequate funding and an unprecedented growth of 135% in just two years, most fintech startups are grappling with inefficiencies in multiple operations. However, with India slowly but surely making the transition towards a cashless economy, access to internet services, and increasing transparency in transactions, the outlook for the future is most certainly robust.
- Categories
- Finance
- Region
- South Asia
- Tags
- fintech, regulations, startups
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Prince Charles launches education impact bond for India
Britain's Prince Charles has launched a new 10-million-dollar Development Impact Bond (DIB) to help improve education for over 200,000 children in India.
The DIB, the largest bond of its type in South Asia, is the latest fundraising initiative by the British Asian Trust (BAT), set up by the royal 10 years ago to fight poverty in South Asia.- Categories
- Education
- Region
- South Asia
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Global green bonds set to hit record levels; India to lead emerging markets
“Developed market banks and corporates will remain active issuers, with emerging market issuers, sovereigns and municipals, and green secularisations providing important engines of growth,” it added. Further, the report observed that China and India “will be the leaders among emerging markets”.
- Region
- South Asia
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Insane drug cocktails in India net drug makers millions and pose global threat
Drug companies—some international and even US-based—are selling millions of dubious and unapproved cocktails of antibiotics in India, all of which could spur the development of drug-resistant bacteria and imperil patients. The finding, published Monday in the British Journal of Clinical Pharmacology by UK health experts, suggests that the country poses a risk to global health and undermines efforts to control drug resistance.
- Categories
- Health Care
- Region
- South Asia
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Walmart is considering an investment in Flipkart to better compete in India
The two have reportedly negotiated on and off over the last two years, which led Reuters to report on talks between them in September 2016. A stake as big as 20% could be quite expensive for Walmart, which may be an obstacle in coming to an agreement this time around, according to Reuters’ sources.
- Categories
- Investing
- Region
- South Asia
- Tags
- startups
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