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 Technology (ICT) platform operating more than 1000 kiosks in India that provide computer and English education, e-governance and digital photography services. Acumen Fund’s investment of $1 million (~Rs.45 million) gives it an equity stake in Drishtee and is being used to finance the growth of Drishtee’s kiosk base and officially launch Quiver Infoservices Limited, a Drishtee subsidiary that will focus on expanding and improving the offerings of the company’s kiosks, including health-related services for the rural poor. Acumen Fund is also providing a concurrent loan to Drishtee of $600,000 (~Rs.27 million).
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To learn more about Acumen Fund, check out their website and read their blog: Acumen Fund- Entrepreneurial Solutions To Global Poverty.