Acumen Fund announced a INR 1.5 Crore ($300K) equity investment in Edubridge Learning Private Limited,a company that provides vocational skills training for low income youth across Maharashtra, Tamil Nadu, Karnataka, and Chhattisgarh.
July, 2012
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Acumen Fund Invests INR 1.5 Crore ($300K) in Vocational Skills Training Company Edubridge Learning
July 30, 2012 by Vallabh Rao
Category Social Entrepreneurship | Tags: | No Comments
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Why Entrepreneurship is Like the Internet !
July 24, 2012 by Vallabh Rao
At first glance comparing entrepreneurship and the internet might not make sense but if you think about it the Internet has democratized production, distribution and sharing of information, knowledge and content. Anyone anywhere can publish their views and opinions easily. The barriers have been brought down. What the internet did to the way how we work and live, entrepreneurship has done to our economy. Gone are the days when wealth creation was a privilege only the elite enjoyed. The startup culture, entrepreneurship, angel and VC investing have made the process of wealth and value creation very democratic. The barriers have been brought down.
Category Just saying | Tags: | No Comments
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Infographic – Maximizing Mobile – World Bank Report Points to Human and Economic Development Opportunities
July 19, 2012 by Vallabh Rao
Around three-quarters of the world’s inhabitants now have access to a mobile phone and the mobile communications story is moving to a new level, which is not so much about the phone but how it is used, says a new report released today by the World Bank and infoDev, its technology entrepreneurship and innovation program. The number of mobile subscriptions in use worldwide, both pre-paid and post-paid, has grown from fewer than 1 billion in 2000 to over 6 billion now, of which nearly 5 billion in developing countries. Ownership of multiple subscriptions is becoming increasingly common, suggesting that their number will soon exceed that of the human population.
Category Development, ICT4D, Technology | Tags: | No Comments
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USAID and FICCI Announce Millennium Alliance Fund
July 11, 2012 by Vallabh Rao
Dr. Rajiv Shah, Administrator, United States Agency for International Development (USAID and Dr. Rajiv Kumar, Secretary General, Federation of Indian Chambers of Commerce and Industry (FICCI), pledged $15 million towards the formation of “The Millennium
Alliance: an India- U.S. Innovation Partnership for Global Development.”Category Investment, Social Entrepreneurship, Startups | Tags: | No Comments
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#g2012finincl #socentchat G2012 Mexico Financial Inclusion, Ashoka Changemakers Twitter Conference
July 7, 2012 by Vallabh Rao
More than half of the world’s adults currently lack access to affordable and secure financial services. High transaction costs, physical barriers, and difficult loan agreements prevent many marginalized and underserved communities from building more prosperous futures.
How can we include everyone in the formal financial sector? How can getting all citizens access to savings accounts, credit, insurance, and other services to improve their standard of living?
Help solve these pressing questions: Join us on Wednesday, July 25th from 8 a.m. to 2 p.m. EST for a #SocEntChat on Financial Inclusion for Inclusive Growth.
In this six-hour, multilingual Twitter conference, you can discuss your ideas and chat with expert panelists about solutions from all over the world. The #SocEntChat will include three back-to-back sessions: Technology & Financial Inclusion, Financing Livelihoods, and The Future of Financial Inclusion Innovation.
This is your opportunity to share your thoughts and ideas with innovators and thought-leaders!
To get ready for the conversation, check out the latest challenge on Changemakers, G2012 Mexico Financial Inclusion: Innovative Solutions for Unlocking Access, launched in partnership with the G2012 Mexico. This global competition will award US $100,000 to the best solution that knocks down the barriers to financial inclusion.
What is a #SocEntChat and how does it work?
A #SocEntChat is a real-time, Twitter-based discussion about social entrepreneurship focused on a specific theme. It is designed for current and aspiring social entrepreneurs, funders, journalists, and supporters to share their ideas, discuss the state of the field, identify the latest innovations, and pinpoint areas requiring deeper exploration.
Joining the conversation is easy. Just log-in to Twitter at 8 a.m. EST on Wednesday, July 25th, 2012. Then:
Use the #SocEntChat and #G2012FinIncl hashtags to make your comments visible in the stream. During #SocEntChat, use search.twitter.com or an application like Tweetdeck (www.tweetdeck.com) or thwirl (www.thwirl.com) to follow the hashtags and keep up with the conversation.
Introduce yourself and take a minute to get to know the other chatters when you join.
Send your questions to @changemakers without the hashtag (to keep them out of the stream) to have them considered for the conversation.
Please remember to use the #SocEntChat and #G2012FinIncl hashtags, stay on topic, be respectful, and have fun! And be sure to invite your friends and followers to join the discussion, too.Catch you all on Twitter: http://tweetchat.com/room/SocEntChat!
Category Social Entrepreneurship, Social Media | Tags: Financial Inclusion | No Comments
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Acumen Fund , Omidyar Network Invest in Nigerian Money Transfer Service Paga
July 5, 2012 by Vallabh Rao
Paga, Nigeria’s leading money transfer service launched in February 2011, today announced it has secured new investments from Adlevo Capital, Omidyar Network, Acumen Fund, Capricorn Investment Group, and current investors Goodwell West Africa Microfinance Development Company.
Category Social Entrepreneurship | Tags: Financial Inclusion | No Comments
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Yonggungsa Temple, Busan, South Korea
July 4, 2012 by Vallabh Rao
Category Travel | Tags: | No Comments
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Korean Food Adventures
July 4, 2012 by Vallabh Rao
Category Travel | Tags: | No Comments