
Accion’s Seed Stage Initiative Targets India, East...
Category: News, Stories | Sector: Financial ServicesA new seed capital provider, Venture Lab, was recently launched in an effort to support financial inclusion start-ups around the world. Backed...

Eko Takes Banking To Rural Areas
Category: News, Stories | Sector: Financial ServicesRecently, the mobile retail network, Eko, has tied up with the State Bank of India to expand mobile banking services across rural...

Kerala Achieves Financial Inclusion In All Its...
Category: News, Stories | Sector: Financial ServicesIn promoting financial inclusion, Kerala has become the first Indian state to achieve financial inclusion when measured by the presence of a...

IFC Invests In Pragati Fund To Support...
Category: News, Stories | Sector: Financial ServicesThe IFC is investing up to $20 million in Pragati India Fund to facilitate the transfer of growth capital to small and...

Tata Capital, Aavishkaar Acquiring Minority Stakes In...
Category: News, Stories | Sector: Financial ServicesA recent Mint article discusses investments made by Indian private equity firm, Aavishkaar, and Indian non-banking finance company, Tata Capital, into Vortex...

Traveling Tellers, With Electronic Gear, Take Banking...
Category: News, Stories | Sector: Financial ServicesA recent New York Times article discusses the business correspondent model in India through which large numbers of unbanked populations can access...

Lok Capital, Partner Invest 26 Crore In...
Category: News, Stories | Sector: Financial ServicesSocial venture fund Lok Capital and one of its limited partners have recently invested approximately $5 million in IFMR Rural Channels, an...

HDFC Bank And Vodafone Tie Up For...
Category: News, Stories | Sector: Financial ServicesPrivate sector HDFC Bank and mobile operator Vodafone India have recently partnered to provide mobile banking services in India. A pilot project...

Use Technology To Scale Up Financial Inclusion:...
Category: News, Stories | Sector: Financial ServicesIn his address at the 106th Foundation Day Celebrations of the Bank of India, Finance Minister Pranab Mukherjee said that it is...

More VC Funds On Cards For Social...
Category: News, Stories | Sector: Financial ServicesAn Economic Times article recently discussed the state of social venture capital in India over the past year. The article explains how...

UK Launches Pro-Poor Private Investment Programme In...
Category: News, Stories | Sector: Financial ServicesThe UK Government has partnered with the Small Industries Development Bank of India (SIDBI) by committing £65 million to increase financial inclusion...

Patni Brothers Invest In Grameen Capital India
Category: News, Stories | Sector: Financial ServicesCo-founder of Patni Computer System, Gajendra Patni's sons Amit and Arihant, have a new interest. They are flexing their philanthropic muscle with...

IFC To Take 20% Stake In India-Focussed...
Category: News, Stories | Sector: Financial ServicesThe IFC has proposed to take a 20% equity stake in CapAleph Indian Millenium Fund, which plans to raise $150 million for...

Millions Of Rural Poor To Receive Banking...
Category: News, Stories | Sector: Financial ServicesIndian company Vortex Engineering has joined the UN-backed Business Call to Action (BCtA), a global initiative that supports the development of inclusive...

Economic Times Reports Third Exit For Aavishkaar
Category: News, Stories | Sector: Financial ServicesThe Economic Times reports that The Aavishkaar Social Venture Fund recently sold its stake in Rangsutra, an artisan-owned handicrafts company providing handicrafts...

Muhammad Yunus, IIM-A Set To Float Rs...
Category: News, Stories | Sector: Financial ServicesFather of microfinance, Muhammad Yunus, has partnered with India's Indian Institute of Management , Ahmedabad (IIM-A) to start a $10 billion seed...

Stretching The Fabric Of MFI Networks
Category: Reports | Sector: Financial ServicesA Monitor Inclusive Markets Report by Nishant Lalwani and Mike Kubzansky, December 2009. Monitor's research has examined previous and ongoing experiments with...

10,000 Solar-Powered ATM Machines To Supply Cash...
Category: News, Stories | Sector: Financial ServicesAs part of the Business Call to Action (BCtA) – a global alliance of businesses, NGOs, governments, and multilateral organizations that encourages...

DFID Ceases All Financial Aid Grants To...
Category: News, Stories | Sector: Financial ServicesUK international development agency, DFID, is restructuring its programme with India so that it enters into no new financial aid programmes, with...

Lok Capital Closes Second Fund At $65...
Category: News, Stories | Sector: Financial ServicesImpact investment fund Lok Capital has recently closed Lok Fund II, a $65 million fund focused on microcredit, mobile payments, remittances, small...

Nokia Money Launches In India
Category: News, Stories | Sector: Financial ServicesInternational telecom company Nokia recently launched Nokia Money across India. With only 10% of India’s 600K villages able to access formal financial...

Omidyar Network Boost For Strategic Philanthropy In...
Category: News, Stories | Sector: Financial ServicesGlobal impact investor, Omidyar Network (ON) has awarded a grant of US$2 million, over the next 3 years, to Dasra- India’s leading...

Privcap Special Reports
Category: Reports | Sector: Financial ServicesEach month Privcap focuses on a critical theme and produces a “bundle” of thought-leadership content in multiple formats – a digital report,...

Thrust To Potential Entrepreneurs: Credit Guarantee Fund...
Category: News, Stories | Sector: Financial ServicesA recent article discusses how the Government of India’s Credit Guarantee Fund Scheme for micro, small, and medium sized enterprises has helped...

IFC To Invest Upto $17.4M In Proposed...
Category: News, Stories | Sector: Financial ServicesInternational Finance Corporation (IFC) is planning on establishing the first mortgage guarantee corporation in India, in partnership with National Housing Bank (NHB),...

Banks Allowed To Set Up ‘Ultra Small...
Category: News, Stories | Sector: Financial ServicesIn its efforts to promote financial inclusion, India’s Central Bank, the Reserve Bank of India (RBI), has promoted the establishment of small...

THE CHALLENGES FOR CREATING GREATER SOCIAL GOOD
Category: Reports | Sector: Financial ServicesThe Inherent Conflict between Intent and Resolve They find an inherent dichotomy in the landscape for ‘social good’ between tough conditions for...