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Finding Hidden Talent in a Kolkata Suburb: An Innovative Solution for Youth Employment in India
With more young people entering India's workforce than ever before, creating the next generation of jobs is one of the country's biggest challenges. That's why iMerit’s delivery center in Kolkata – along with four other centers like it in east Indian cities – is employing hundreds of young men and women from low-income families to provide on-demand digital data services to leading global internet companies. Santhosh Ramdoss at the Michael & Susan Dell Foundation, an investor in iMerit, profiles the company and shares an interview with its founder.
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- Investing, Technology
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NexThought Monday – My ‘big bet’ is equal economic opportunity for everyone
We can’t just give people tablets and access to education and expect to create change. We need to go one step further – to show them how to use these tools to supplement their incomes in the short term, argues Leila Janah, founder and CEO of Sama Group.
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- Education, Technology
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Impact Sourcing is Going Rural: Here’s what we learned from studying several BPO companies
An increasing number of BPO centers are being started in rural India to take advantage of lower operating costs and bring economic opportunity, often with an aim of employing women and youth. Outsourcing tasks from urban to rural areas allows companies to save significantly on both salaries and overhead. IDEX Fellows Adam Guzowski and Pomai Verzon look at some of the lessons learned from small to medium BPOs.
- Categories
- Technology
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PRESS RELEASE: IIX announces CGI Commitment to Action on Women’s Impact Bond
Impact Investment Exchange Asia (IIX), a leader in social sector development through impact investing, recently announced its Clinton Global Initiative (CGI) Commitment to Action on Women’s Impact Bond (WIB) at the 2014 CGI Annual Meeting.
- Categories
- Entrepreneurship, Technology
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Bringing IT Jobs to Rural India: Betting long on India’s youth
In many BoP markets, there is a gap between the talent requirements of employers and the skills of candidates in the job market. Half of India’s 1.2 billion people are under the age of 25, yet only a privileged few will complete advanced studies and be considered employable by the IT sector. Impact sourcing firm iMerit is turning that dynamic into a strength.
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- Technology
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OPINION: New World Bank safeguards are pushing more money out the door at the expense of the poor
Last week, the World Bank released a draft of its proposed new environmental and social safeguards.
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- Entrepreneurship, Technology
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PRESS RELEASE: USAID and Rockefeller Foundation Announce $100 Million Global Resilience Partnership in Africa and Asia
?WASHINGTON, D.C. - The U.S. Agency for International Development (USAID) and The Rockefeller Foundation announced today a $100 million Global Resilience Partnership that lays out a bold new vision for building resilience to chronic stresses and increasing shocks in communities across Africa and Asia.
- Categories
- Entrepreneurship, Technology
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Weekly Roundup – 6/21/14: Impact sourcing gains, a ‘herd mentality’ in impact investing and what Tesla’s patent giveaway can teach social biz
In the weekly roundup, some increased buzz around impact sourcing, charting a ‘herd mentality’ for India’s impact investing community and what social entrepreneurs might learn from Elon Musk’s announcement that Tesla will give away its patented tech secrets.
- Categories
- Entrepreneurship, NextBillion Originals, Technology
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