LeapFrog Investments Raises $44 Mn For Microinsurance Fund

The LeapFrog Financial Inclusion Fund has raised $44 million for what is the world's first investment fund focused on microinsurance. The fund, launched from Luxembourg, will invest in businesses that will bring insurance and financial services to 25 million low-income people in Africa and Asia. The fund will invest in fast-growing markets such as India, Pakistan, South Africa, Ghana and Kenya, according to its website. The investors in the fund, which include public and private institutions, are the European Investment Bank (EIB), FMO, Omidyar Network, Triodos-Doen, Hivos-Triodos Fund, ACCION International, Calvert Large Cap Growth Fund, wealth manager Felipe Medina, and the LeapFrog team. Micro-insurance involves a low premium and low caps or low coverage limits, sold as part of a typical risk-pooling and marketing arrangements, and designed to service low-income people and businesses not served by typical social or commercial insurance schemes. For markets like India where more than two-third of India’s population lives in rural areas, it's a suitable instrument to reach the poor and socially disadvantaged.  "The world desperately needs market-based solutions to poverty that draw in major financial investors by offering fair but competitive returns. The best part about microinsurance is that we can reach millions of people, swiftly. Microinsurance is both profitable and scalable," said Dr. Andrew Kuper, President and Founder of LeapFrog.  The 100 Country Landscape Report by the Microinsurance Center estimated a market size of one billion people, but found that less than three percent of these people now have any kind of insurance.  "The future of financial inclusion lies in moving microfinance beyond credit, offering the working poor the suite of financial tools that we (in developed countries) take for granted," said Monica Brand, a Principal Director of ACCION.    

Mediamorphosis Inc. strengthens presence in digital media space …

Mediamorphosis Inc. strengthens presence in digital media space ...India PRwire (press release), IndiaManhattan Communications is there Indian subsidiary. Manhattan Communications (India Pvt. Ltd) has been established in the year 2008 by Mr. Adris Chakraborty, Chairperson of Manhattan Communications (India) Pvt. Ltd. & Mediamorphosis Inc. Manhattan ...

TRAI Considers Bringing DTH Portability; Issues & Implications

Telecom regulatory association of India, TRAI, is planning to introduce portability to DTH set top boxes, DNA reports. If its suggestion goes through, competition will heighten amongst players as consumers will be free to switch between providers without needing to buy or install a new set top box.  However, there are many questions that arise [...]

Honda Jazz Registers 1800 Propective Customers Via Digital Medium In 2 Days

The introduction of Honda Jazz  a car launched B+ segment is creating buzz using the online medium. Honda launched Jazz in India 2 days back and has launched an advertisement campaign to make Jazz a big success in India. Afaqs reports that Honda is planning to spend 3-4 % of the total advertisement budget on [...]Also Check Out: WATShow.com - Our Video Show WATJob.com - Our Job Site WATGame.com - Our Gaming Blog WATPR.com - Our Press Release Site

Location, location: It still pays to be near

In a business world linked by electronic networks and cheap, nearly instantaneous communications, physical location shouldn’t matter. Aspiring editors still move to New York, home to a huge share of the nation’s trade publishers. Many musicians still pack their bags for Nashville.

Telecommuting no substitute for being there

In a business world linked by electronic networks and cheap, nearly instantaneous communications, physical location shouldn't matter. But it does. Aspiring editors still move to New York, home to a huge share of the nation's trade publishers. Many ...

Find Your Psychology From Your Twitter Account – TweetPsych

They often say that you can find out person's psychology from their dairy. Twitter is kind of your personal diary. So here is a site that will find out your psychology from your twitter account.uses two linguistic analysis algorithms (RID and LIWC) to build a psychological profile of a person based on the content of their tweets. The service analyzes your last 1000 tweets and works best on users who have posted more than 1000 updates.

Download YouTube Video – Online Video Guide

Day by day more and more people are hooked to watching videos online. Whether its free hindi movies online, cricket stream, onlin indin movie or recreational videos. But at times you don't want to keep your internet connection open and save the video on hard drive for later and save bandwidth. There are many ways you can download videos from online video sites like YouTube, MetaCafe, DailyMotion etc.Here is the list of services you can use to download and save online videos:

Airtel New Tricks For Free Browsing Sites Via Airtel Live

Wapuser.co.cc gives you the latest mobile tricks,Blogger tricks,computer tricks such as aircel free sms tricks,aircel thrills free tricks 2009,aircel free gprs tricks new 2009,AirTel live free new 2009 tricks,AirTel free gprs tricks 2009, BSNL ... Free Browsng Sites 4 Airtel liv Users- Wap.Setindia.com. Wap.Starboxoffice.com. Wap. In.com. Wap.Ibnlive.com. Wap.Indiatimes.com. Wap.mauj .com. Sponsored Links. Posted by Vijay at 8:25 PM. Labels: AirTel. Bookmark This Post . ...

FT Facsimile Edition Crosses The Title Hurdle; May Launch Sooner Than Expected

While we thought the launch of Financial Times facsimile edition would not happen till the legal tangles over its title is resolved, the paper has received government clearance for the title 'Financial Times Facsimile' and may launch sooner than expected. The Registrar of Newspapers in India (RNI), in its latest list approved yesterday, has granted the title 'Financial Times Facsimile' to Financial Times India Pvt. Ltd, the Indian unit of Pearson (NYSE: PSO) Plc., the publisher of the respected British pink paper. A facsimile edition is an exact replica of a newspaper published abroad and is not allowed to carry local news or advertising that is not part of the original edition.  As we reported earlier, the title 'Financial Times' is owned in India by The Times of India publisher Bennett, Coleman & Co. Ltd. Early last year, shortly after it emerged that Financial Times was in talks with the Network18 Group to launch a daily in India, a BCCL subsidiary, Times Publishing House Ltd, registered several titles, such as Asian Financial Times, Financial Times Asia, Daily Financial Times, Emerging Financial Times, Financial Times of Asia. FT, FT Asia, FT Network, FT South Asia, FT World, FT Worlwide, WFT, World Financial Times and Worldwide Financial Times, according to the information on the RNI website. Financial Times India has approached the Intellectual Property Appellate Board, a government body that settles disputes over trade marks, to obtain rights to its globally recognized title. The case is next scheduled for a July hearing. FT has also received clearances from the Foreign Investment Promotion Board to make the necessary investments. Final clearances from the Ministry of Information and Broadcasting may be the only remaining procedure required before the paper can hit the stands. FT's global competitor, The Wall Street Journal, launched a facsimile version of its Asian edition last month. Related Updated: Financial Times To Launch Facsimile Edition In India Financial Times Receives FIPB Approval For Facsimile Edition Financial Times and Bennett, Coleman Lock Horns Yet Again Over Trademark