Tips for Working at the bottom of the Pyramid – News Digest

Working at the bottom of the pyramid
Ashoka fellow Vishnu Swaminathan explores some of the challenges one has to face while setting up a social business in the developing world. SE

ashoka founder

Social entrepreneurs and regulation: how the UK influences India
Legislation going through parliament in Westminster could contribute to the growth of India’s social sector. Guardian

Carlyle wins PE investment race for Fabindia
Global private equity major Carlyle has outbid rival firms to close an equity investment in ethnic wear chain Fabindia. The deal values the company at Rs 1,400 crore, according to a person with direct knowledge of the transaction. ET

Bribes, Bureaucracy Hobble India’s New Entrepreneurs
Vishwaprasad Alva says the most frustrating problem on his path to entrepreneurship in India was the bands of thugs who assaulted the workers at his factory site. WSJ

Government Mulls Dalit Venture Capital Fund
Almost a year ago, Dalit businessmen met with Planning Commission Deputy Chairman Montek Singh Ahluwalia to talk about how the government could support entrepreneurs from India’s historically disadvantaged low-caste groups. WSJ

MSME entrepreneurs resent funding policies
JAIPUR: Entrepreneurs in the Micro, Small and Medium Enterprises (MSME) on Monday expressed their deep resentment with the government and the banks over financial assistance even as industry experts said the funding hurdle was due to non-registration by the MSME units. TOI

Manfred Haebig | No other country with same dimension as India, China
India’s public sector and government are increasingly embracing the subject and the idea of sustainability. LM

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