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NIC to launch Rs 5,000 cr VC fund for innovation: Pitroda
The fund will support enterprises which drive change at the bottom of the economic pyramid
- Categories
- Investing
- Region
- South Asia
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Lok Capital buys minority stake in social enterprise Drishti
Firm will use funds to service underserved geographies of Karnataka
- Categories
- Health Care, Investing
- Region
- South Asia
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Weekly Roundup – Lucky 2013? : The new year brings hope for seed funds
For the impact investing community, it sure looks like 2013 has started with a bang. But 2012 certainly didn’t end with a whimper either. The bang was heard on Thursday with an announcement from Unitus Seed Fund (USF), which raised investments of more than $8 million for early stage BoP startups.
- Categories
- Investing
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Unitus Seed Fund lands $8 Million for BoP Startups from Leading Early-stage Investors
Investment includes backing of Vinod Khosla, Mohandas Pai, Mike Murray and others
- Categories
- Investing
- Region
- South Asia
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What Is eBay’s Omidyar Doing on Delhi’s MedTech Row?
Pierre Omidyar is best known as the founder of the online auction company e-Bay, which he grew from an “odd little Web site” to one of Web commerce’s biggest and longest-lasting success stories.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
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Patnis purchase stake in Grameen Capital India
Grameen Capital India (GCI) has announced that Amit Patni and Arihant Patni have acquired a stake in the company from original investor IFMR Trust. The Patni's after exiting their software services exports company to iGate in a $1.2 billion deal have started Nirvana Venture Advisors, a venture capital fund with focus on the internet space in India.
- Categories
- Investing, Technology
- Region
- South Asia
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eBay founder’s investment firm makes a grant to global health consortium
Omidyar Network, the philanthropic investment firm of eBay founder, Pierre Omidyar, is making a $1.5 million grant to a global consortium supporting innovation in healthcare and medical technology. The grant has been made to Massachusetts General Hospital's Center for Global Health to support the Consortium for Affordable Medical Technologies (CAMTech).
- Categories
- Health Care, Investing
- Region
- South Asia
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Lok Capital is re-inventing strategy for social impact
Rajiv B Lall, 55, managing director and chief executive officer of Infrastructure Development Finance Company talks unlike his peers in glamorous investment banking and private equity business despite spending over thirty years with institutions such as Warburg Pincus, Morgan Stanley and Asian Development Bank.
- Categories
- Impact Assessment, Investing
- Region
- South Asia
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