Remember the Tech Museum Awards? The award “honors innovators from around the world who are applying technology to benefit humanity.” The 25 winners were announced yesterday, with two innovators from India. MercuryNews.com covered the ceremony in San Jose, California and met…
The composition of the microfinance sector is becoming increasingly hybridized, as microfinance institutions (MFIs) morph into profit-making entities, and global financial institutions such as Citigroup, Inc. or HSBC Holdings become (unintended) vectors of poverty alleviation (refer to “Global Financial Institutions…
The Economic Times reports that SKS is planning to infuse Rs. 130 crores additional equity into the company to support its aggressive expansion plans [via Microcapital]. Here is the quote from the story:
“Our investors will infuse Rs 130 crore later this…
According to story today on Business Standard, M-Cril, the credit rating agency is launching a platform called ‘Capital Connect’ which will enable MFIs and social enterprises to access capital from investors looking to make investments in this space. This is…
As the Indian economy continues to grow at a scorching pace, folks everywhere are worried about the country’s energy needs. India’s thirst for resources, especially oil, is going to create a tough economic challenge in the coming years. In addition,…
