by Microfinance Business on September 14, 2009

Making a product and selling it in millions – such entreprenuership is never easy. Appreciation at having tried hard also doesn’t come easy. “India needs patience. You have to be prepared to wait for results,” says Vinay Deshpande of Encore Software, who along with professor Vijay Chandru of IISc, conceived of the simputer — a [...]
by Microfinance Business on August 18, 2009

An easy and secure payment method spells huge benefits for the common man, says Tarang Software fonder V Rama kumar
An excellent example is the online booking of train tickets which shows how the Railways has solved the problem faced by consumers, of waiting in long queues.
Payments are at the centre of the economic universe, [...]
by Microfinance Business on July 29, 2009

dhanaX is an online-offline person-to-person lending platform that allows Indians to lend and borrow money from each other. dhanaX is inspired by the idea of an online community’s ability to come together and help each other. dhanaX works within the ambit of Social Business or Social Enterprise.
Successful experiments worldwide in micro-credit have shown how [...]
by Microfinance Business on July 27, 2009

BASIX is a new generation livelihood promotion institution established in 1996 in India. It is headquartered in Hyderabad, Andhra Pradesh. Vijay Mahajan (born 1 October, 1954) is an Indian social entrepreneur and chairman of BASIX, a group he founded in 1996.
Today, BASIX has supported the livelihoods of over a million rural poor households, of which [...]
by Microfinance Business on July 26, 2009

Please tell us about Eko.
Eko envisages a world where mobile phones will be the financial identity of the historically unbanked masses. The customer just walks to the neighbourhood grocer to deposit or withdraw cash, as simply and easily as getting aprepaid talk-time recharge.Or she can transfer money instantly, securely and conveniently to distant relatives by [...]
by Microfinance Business on July 24, 2009

About Rang De
RangDe.Org is India’s first online peer to peer micro-lending platform that enables individuals to lend to low income households in India. The mission is to make microcredit affordable and holistic by making it available for business, education and health needs.
RangDe’s Business Model
Rang De is a social business with a strong focus on becoming a [...]
by Microfinance Business on July 19, 2009

To somebody who is starting off right now, what would be your advice?
First of all, he or she must have an idea whose value to the market can be expressed in a simple sense. Not a complex sentence, not a compound sentence. In other words, it has to be something like reduce cost or reduce [...]
by Microfinance Business on June 3, 2009

London: The UK-based wholly owned subsidiary of New York-listed Molson Coors Brewing Co., Coors Brewers Ltd, has acquired majority stake in Karan Bilimoria-owned Cobra Beer Ltd. It will pay £14 million (around Rs105 crore) for a 50.1% stake in a new joint venture company called Cobra Beer Partnership Ltd. Bilimoria will own the remaining 49.9% [...]
by Microfinance Business on May 24, 2009
Miami, US: US-based Endeavor Global , a non-profit group formed in 1997 and whose mission is to promote the growth of entrepreneurs in emerging markets, selects what it calls “high impact” entrepreneurs from developing nations and offers them intensive strategic and management support. By high impact, Endeavor means these firms have the potential [...]
by Microfinance Business on April 23, 2009

Academic Expat Series.
We speak to Gautam Gandhi originally from New Jersey, USA. Gandhi came to India on the Fulbright Scholarship last year to study the entrepreneurship process in India. He now lives and works in New Delhi.
Click on link below to listen to the audio podcast
Gautam Gandhi interview about entrepreneurship
In this show he speaks to [...]
by Microfinance Business on March 30, 2009

Ruralnaukri.com’s ‘Rural Jobs Can Provide Momentum to the Wheel of the Economy’
Like other countries the world over, India is facing a slowdown. One solution offered by economists is to create jobs, boost confidence and fuel consumer spending. The target for such activity is not the cities, however. “In view of contracting global demand, we have [...]
by Microfinance Business on March 16, 2009

Recession is by and large a signal to end the old ways and start the new ways, says Silicon Valley veteran Kanwal Rekhi
Bangalore: Silicon Valley veteran Kanwal Rekhi’s belief that an economic slowdown is about the best time to invest in technology start-ups stems from his own experience. Rekhi started on his own with Excelan, [...]