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Michael and Susan Dell Foundation-backed Education Catalyst Fund makes two bets
Education Catalyst Fund, which is managed by global philanthropic organization Michael and Susan Dell Foundation-backed CBA Capital, has made two more investments in the education space.
- Categories
- Investing, Technology
- Region
- South Asia
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This Social Entrepreneur is Creating Employment in Underserved Areas
Started in 2014, the non-profit body focuses on youth and women from ages 18-25 in the most rural parts of the world. The initiative builds conscious enterprises and undertakes income enhancement initiatives for indigenous and underprivileged communities by engaging urban leaders and start-ups.
- Categories
- Uncategorized
- Region
- South Asia
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India’s central bank wants to put a leash on the booming fintech sector
“Bringing fintech under the regulatory ambit should provide a level playing field and encourage financial innovations. In this context, the Reserve Bank (of India, RBI) is working on framing an appropriate response to the regulatory challenges posed by developments in fintech in India,” the central bank said in its Trend And Progress Of Banking In India report, released in December.
- Categories
- Finance
- Region
- South Asia
- Tags
- cryptocurrency, fintech, regulations
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IFC, Central Bank to Create Sri Lanka’s First National Strategy on Financial Inclusion
IFC, a member of the World Bank Group, is partnering with the Central Bank of Sri Lanka (CB) to develop the country’s first National Financial Inclusion Strategy (NFIS) to promote a more effective and efficient process to improve financial inclusion across Sri Lanka.
- Region
- South Asia
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The path to empowering and profiting off India’s next wave of online users
The Omidyar Network’s latest report offers entrepreneurs valuable tips on how to access India’s next gigantic wave of online users.
- Categories
- Uncategorized
- Region
- South Asia
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Alibaba’s browser is overtaking Google’s in some emerging markets
Chinese internet giant Alibaba is overtaking Google in the race to capture mindshare among internet users in some emerging markets thanks to the popularity of its mobile browser, according to The Wall Street Journal.
- Categories
- Technology
- Region
- South Asia
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Can the rise of cryptocurrency impact currency market in India?
Slowly, cryptocurrencies are coming under the regulatory net in order to check misuse. Japan recently became the first country to regulate cryptocurrencies; the US is quickly laying down regulatory guidelines, the UK and Australia continue to work on the formalities while China has recently banned Initial Coin Offerings (ICO) due to various reasons, including various ICO scams around the world.
Though India plays a relatively small role in the global cryptocurrency market, only about 2% of the global cryptocurrency market cap, the RBI has warned about the potential financial, legal, customer protection and security-related risks in cryptocurrency, amidst prevalent media rumours of RBI launching its own form of cryptocurrencynamed Lakshmi.- Categories
- Finance
- Region
- South Asia
- Tags
- cryptocurrency, fintech, regulations
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The countdown begins: Top fintech trends that India can expect in 2018
The year has pretty much offered what everyone expected. It has cemented the significance of the fintech sector in India. From increased momentum behind digital payments to product innovation in digital loan disbursement platforms, the entire sector is leaving no stone unturned to ensure that the nation functions the way it does and achieves the two-digit growth rate that it has persistently been longing for.
- Categories
- Finance
- Region
- South Asia
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