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The/Nudge receives $250,000 grant from Rockefeller Foundation
The/Nudge Foundation, a Nandan Nilekani- backed non-profit focussed on sustainable poverty alleviation, has received a $250,000 grant from The Rockefeller Foundation, one of the largest and oldest names in global development philanthropy. The firm will use the grant to build organisational capacity, and expand its reach outside of Karnataka.
- Categories
- Uncategorized
- Region
- South Asia
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USAID Announces A New Development Impact Bond
Launched Thursday, the Utkrisht Impact Bond, named for the Hindi expression for excellence, will fund maternal and newborn health in the Indian state of Rajasthan. DIBs are results-based contracts, in which investors — in this case UBS Optimus Foundation, a grantmaking organization focused on improving the lives of children — provide financing for social programs upfront.
- Categories
- Health Care, Investing
- Region
- South Asia
- Tags
- impact investing
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Report: Mobile offers potential to drive progress in Bangladesh
In a report entitled Bangladesh: Driving Mobile-enabled Digital Transformation, the association noted the mobile industry can play “a critical role” in the country, helping to realise the government’s Vision 2021 initiative and driving the UN’s Sustainable Development Goals (SDGs).
- Categories
- Technology
- Region
- South Asia
- Tags
- global development, SDGs
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Why America could miss out big time on India’s fintech revolution
There’s an old trope in the West that India is like Indian trains — exotic, lurching and slow.
But tropes can be bad as a business strategy — and this trope is causing American companies to miss out on Indian moonshots and trillion-dollar opportunities.- Categories
- Finance
- Region
- South Asia
- Tags
- digital payments, fintech
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John Mcafee and Kohli Brothers all set to launch India’s biggest blockchain company
BitIndia Wallet is a blockchain wallet, which is a reorganised platform for the people of India, where they can store and make payments via digital currencies. BitIndia has its eyes set on bringing more Indians into the blockchain, by making them aware about cryptocurrencies, and offering a reliable and assured platform for the trade of blockchain and digital currencies in India.
- Categories
- Finance, Technology
- Region
- South Asia
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Up and Away from Colonial Welfare: Social Entrepreneur “Mou” Khan’s 21st Century Micro NGO
FCAB was founded by the late Abdul Majid Khan, a Bangladeshi-American engineer who left his homeland in 1976 to pursue graduate studies at the University of Michigan School of Engineering. A father of four who co-founded Ann Arbor’s first mosque, Mr. Khan died in an automobile accident shortly after filing FCAB’s legal paperwork for a tax-exempt non-profit status with the United States Internal Revenue Service and with plans to incorporate as an aid organization in Bangladesh.
- Categories
- Uncategorized
- Region
- South Asia
- Tags
- global development, NGOs
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As India goes big on renewables, bright minds are looking to develop innovative tech
India has big plans when it comes to renewable energy. The government has set itself ambitious targets, including commissioning 175 gigawatts of renewable energy by the year 2022.
- Categories
- Energy, Technology
- Region
- South Asia
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