eVidyaloka, a pioneering not-for-profit organization dedicated to reshaping rural India’s educational landscape, is inviting volunteers to join its mission of providing quality education to 200,000 rural students this year. Founded by former Microsoft India colleagues Satish and Venkat in 2011, eVidyaloka leverages technology and volunteerism to revolutionize rural education. Currently boasting over 6,000+ volunteers from […]
KFin Technologies has launched the mPower Wealth platform, an advanced, omnichannel wealth management solution designed to address the needs of wealth managers, family offices, banks, and external asset managers. The platform offers integration across front, mid, and back-office operations, multi-asset, multi-currency capabilities, and technology to help wealth managers improve client experiences. According to the 2024 Knight Frank Report, the global wealth management industry has grown substantially, with the ultra-high-net-worth individual (UHNWI) population increasing by 4.2% to 626,619 in 2023. Projections indicate a 28.1% rise over the next five years, with regions like India and mainland […]
Education loans, primarily those to fund courses overseas, will continue to be among the fastest-growing segments for non-banking financial companies (NBFCs) because of rising demand for higher education. After robust growth of over 80% and 70% in fiscals 2023 and 2024, respectively, NBFCs’ education loan assets under management (AUM) rose to ~Rs 43,000 crore as […]