Young professionals seek to enter impact sector; make difference in education, health, sanitationImpact sector is seeing a surge in interest as India consolidates its position as a hub for enterprises that are driven by a socially respo...
Lok Capital aims to raise $45 million fund by June“The fund made a total of 10 investments and has already exited six. We’ll have two more exits by February-end,” Lok Capital co-founder and...
Venture capital firm Lok Cap looks to raise up to Rs 600 croreInvestors in impact funds expect returns of 15-20% compared with return expectation of 25-32% in venture capital, according to the report.
What is holding back the social entrepreneurOf the $1.6 bn invested in Indian social enterprises, 70% is in financial inclusion. And 67% of what went into other sectors went into just...
Lok Capital sells its stake and leaves RuralShores Business ServicesThe exit by Lok Capital has been made from its first fund, the $22 million (Rs 134.3 crore) Lok I, which invested in RuralShores across mul...
- RuralShores to set up rural BPO at GMR's Kakinada SEZ
RuralShores has signed an agreement with GMR group to set up its rural BPO unit at SEZ of the infrastructure firm coming up at Kakinada in ...
Rise of rural BPOs: Why the scaleup won't mirror big city BPOsRural BPOs have evolved beyond pilots and are a compelling option to cut costs, do repeatable work and offer regional language support. But...
- Lok Capital closes second fund at $65 million
Lok Capital closed its second fund, Lok Fund II, at $65 million, the Mumbai-based impact investment-focused venture capital fund announced ...
- IT customers: It’s time for small and mid-size companies
Big companies are plugged in. It's time for the small and mid-sized ones.
- Rural BPOs looking good to become a phenomenon in Indian outsourcing story
From 50 centres to 1,000 in five years. Rural BPOs, which started as pilots a few years ago, are looking good to become a phenomenon in the...
- HDFC acquires 26% in B'lore rural BPO firm
Ruralshoring, a push towards shifting less complex BPO work to inexpensive rural locations, is the new buzzword for the knowledge economy.
- How to convert villages into BPO hubs
This can be done by creating rural knowledge centres.
- Infosys, Wipro focus more on outsourcing in rural India
Infosys and Wipro are set to enter the booming domestic market and join a tech revolution happening in rural India. Top outsourcing cos I C...
- Infy, Wipro to tap expanding rural outsourcing market
Indian tech majors Infosys Technologies and Wipro are set to enter the booming domestic back-office service market, multiplying by more tha...