AMFI – West Bengal organizes meetup

The Association of Microfinance Institutions – West Bengal (AMFI-WB) organized a meeting between MFI’s having operations in West Bengal and State level bankers early this week to facilitate direct interaction between leaders of the Microfinance sector and the Banking industry. Association of Microfinance Institutions – West Bengal AMFI-WB is a Self Regulatory Organization (SRO) established in 2006 […]

digital india logo design

Design a logo for Digital India

The Department of Electronics & Information Technology plans to soon launch a new program titled “Digital India” to transform India into a digitally empowered and connected knowledge economy. The Ministry is now seeking inputs for a logo to be designed for the program. The last date to submit your logo design is 1st September 2014. […]

department of electronics

Digital India Program 2014

The Narendra Modi government has announced that it plans to transform India into a digitally empowered society and knowledge economy. To accomplish this goal, a meeting was held on the August 7th, 2014 and a decision was taken to launch a new program called “Digital India”. The program  has been envisaged by the Department of […]

nsdc challenge 2014

NSDC Innovations for Skills Challenge 2014

NSDC Innovations for Skills Challenge 2014, a national level search which aims to identify and invest Rs 1.5 to 2 Crore in 10-15 innovative and robust enterprises registered in India is now accepting entries. The contest is open to pvt companies, co-operatives, ngo’s, trusts and society’s. NSDC Innovations for Skills Challenge 2014 is organized by […]

inclusive finance workshop

Innovation4Impact – XLRI-NABARD Award

XLRI – Xavier School of Management and the National Bank for Agriculture and Rural Development (NABARD) have announced that they will be jointly hosting a award and national level felicitation- Innovation4Impact(i4i), at the “3rd XLRI International Workshop on Inclusive Finance” during October 31-November 2, 2014 to be held at XLRI campus at Jamshedpur. The award aims […]

janalakshmi financial services

Janalakshmi Financial Services raises Rs 325 Crores

Janalakshmi Financial Services announced last week that it had raised Rs 325 Crores in Series D Primary Equity from a group of institutional investors. This is the largest transaction in the history of the Indian Microfinance Sector since the Andhra Pradesh Microfinance Crisis in 2010. Before this capital infusion, Janalakshmi Financial Services had raised around Rs […]

samhi logo

IFC invests Rs 126 Crore in Indian Affordable Hotel Chain

IFC, a member of the World Bank Group, is investing Rs 126 Crore ($21 million) in SAMHI Hotels ( through compulsorily convertible debentures. The investment will increase India’s capacity in the affordable and mid-market hotel segment, create jobs, and promote energy-efficient hotel design and construction. This is IFC’s first investment in the hotel sector in […]

boond engineering

Boond secures Series A Investment

Opes Impact Fund (Fondazione Opes) joined by two other members of the Ennovent Circle – Rianta Capital and Sumantra Roy – have closed a Series A equity investment round in North India-based clean energy access company, Boond Engineering & Development. This investment in Boond led by Opes is the seventh deal facilitated by the Ennovent […]