Azmat Ali is a daily wage earner in the northern district of Lalmonirhat. Just a week ago, he bought coarse rice for Tk 44-45 a kg. But yesterday he found the price of the staple rose to Tk 52.
Indian insurance companies can now invest in FoF
After the unicorn parade we saw this week, there s more reason to cheer for Indian startups, thanks to the IRDA s move to allow Indian insurance companies to invest in Funds of Funds.
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After the unicorn parade we saw this week, there s more reason to cheer for Indian startups, thanks to the IRDA s move to allow Indian insurance companies to invest in Funds of Funds.
The latest IRDA move will mean greater inflow of domestic capital into the startup ecosystem and comes close on the heels of the recent decision of the government to allow private retirement funds to park certain percentage of their capital in Alternate Investment Funds (AIFs).
[Startup Bharat] How 4 friends from Bihar are providing people in rural areas access to affordable healthcare
Patna-based healthtech startup Medishala aims to bridge the great healthcare divide between urban and rural areas by bringing doctors to the people, instead of the other way around, and enabling affordable care delivery.
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A desire to study took Suman Sourav, Rituraj Swamy, Mohammad Amanullah, and Prince Kumar from various parts of Bihar to Patna in 2014.
Their aim was one: higher studies. They soon became friends at BIT Mesra, Patna Campus, and realised that they had another thing in common: the number of requests from relatives in rural Bihar asking them to book medical appointments in the capital city.