Acumen
Following commercial wisdom will be game changer for resolving bad loans
Insolvency resolution should efficiently redeploy assets. Bankers must bring commercial acumen to negotiations, not bureaucratic rigidity
 "Following commercial wisdom will be game changer for resolving bad loans")
Apple partners with NGO to promote clean energy innovation in India
Enterprises working for environmental and social causes can apply for programme
 "Apple partners with NGO to promote clean energy innovation in India")
We will look at an India Fund strategy: India Director, Acumen
Acumen, an impact investor which has been in India since 2001 and impacted around 23 million lives in the country so far, has been focusing on improving the quality of life of low income households, specifically people below a certain income level, into finding products and services that are able to reach them. The businesses it support directly focus on these segment and has created and supported around 9,500 jobs, with an investment of around $31.9 million in a total of 26 companies. The Fund is now looking at creating an India specific fund. In an interaction with Gireesh Babu, AJIT MAHADEVAN, India Director, Acumen explains the reasons to look at a country specific fund. Edited Excerpts:What are the trends in social enterprises in the country, at a time when the overall start up ecosystem is facing a slow down?In the last two years, within Acumen India we have made at least 10 investments. It has been a very busy time for us over the last three years. We focus on healthcare, ...
 "We will look at an India Fund strategy: India Director, Acumen")
