Drishtee Kiosks Harness Technology to Increase Accessibility of Critical Information and Services Including Healthcare and Education New York, NY – Acumen Fund, a leading catalyst for sustainable, scalable solutions addressing poverty in South Asia and Africa, announced today that it has invested $1.6 million (~Rs.72 million) in Drishtee Dot Com, a rural Information and Communications… Continue reading Acumen Investment Gives Fund Stake In Growing Technology Platform Transforming Rural India
Month: September 2006
Latest Trend: Giving Away Riches- Branson Gives $3 Billion To Fight Global Warming
Richard Branson, the famous entrepreneur who founded the Virgin companies, announced today at the Clinton Global Initiative that he will be giving away 100% of his profits from his travel-based businesses to fight global warming. “We must not be the generation responsible for irreversibly damaging the environment,” said Branson. “We must hand it over to… Continue reading Latest Trend: Giving Away Riches- Branson Gives $3 Billion To Fight Global Warming
A “For-Profit” Structure For Google.org Enables Social Entrepreneurship
Google’s founders, Sergey Brin and Larry Page, are planning to set up Google.org, the philanthropic arm of Google, as a for-profit with an initial “seed investment” of $1 billion “to tackle poverty, disease and global warming” (Link to NYTimes, sub required). But unlike most charities, this one will be for-profit, allowing it to fund start-up… Continue reading A “For-Profit” Structure For Google.org Enables Social Entrepreneurship