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Five Indians have found place among the world's top 25 <keyword id="110345" type="PERSON" weightage="20" keywordseo="Venture-capitalists">venture capitalists</keyword> who have been featured in the latest edition of the <keyword id="9953741" type="UNKNOWN" weightage="20" keywordseo="GCV-powerlist">GCV Powerlist</keyword>. Shankar Chandran, Managing Director, Samsung Catalyst Fund, who shared the ranking with his colleague Francis Ho for the fifth position in the list, is top ranked among Indians. Rajeev Misra, Global Head of SoftBank Vision Fund shared the overall 10th position in the list with his colleague Marcelo Claure. Nagraj Kashyap, Head, M12 -- formerly Microsoft Ventures -- was ranked 12th, Arvind Purushotham, who leads the venture Citi Ventures was ranked 21st and Girish Nadkarni who is the President of Total Carbon Neutrality Ventures was ranked 22nd in the list released on Wednesday. GCV, the media publication and data provider for the corporate venture capital industry, compiles its annual "Powerlist" of the top 100 heads of corporate venturing units out of more than 2,000 that it covers globally. Jeffrey Li, Managing Partner at Tencent Investment tops the overall list this year, followed by Maggie Wu of Alibaba Innovation Ventures, Amy Banse of Comcast Ventures, and Larry Illg of Prosus Ventures - formerly Naspers Ventures. Many Indians have found place in the overall list featuring 100 venture capitalists. Writing a "Foreword" to the report, Young Sohn, Samsung Electronics' Corporate President and Chief Strategy Officer, said that lesson from past recessions suggest that those who have survived downturns, even emerged stronger, benefitted from investing in the right innovation. "Even as Covid-19 has greatly impacted our economy, it has revealed immense opportunities to not only grow but also meet critical needs. For example, the benefits of telehealth have been long acknowledged, especially for rural areas, but in an industry that still relies on pagers and fax machines, have predominantly remained analogue. "Since March, however, virtual checkups have become standard, with non-urgent virtual care increasing by more than 4,000 per cent according to one study," he said. Mass adoption is happening across technologies, from video conferencing to cashless payment to digital services, said Sohn who is also the GCV Leadership Society's Chairman. "The pandemic didn't change the rules - agility and creativity are more crucial than ever. Instead, it has created a crucible where some technologies will flourish, and it's our job to decipher which those are," he said.

These are the five Indian VCs in the top 25 venture capitalists in GCV Powerlist

<ul><li>The new analysis, which was done by the UNICEF and child rights organisation Save the Children and published on Thursday, reveals that the number of children living in multi-dimensional poverty - without access to education, health, housing, nutrition, sanitation, or water - has increased by 15 per cent since the start of the pandemic.</li><li>This means that an additional 150 million children have been plunged into poverty since the pandemic hit earlier this year, it said. </li></ul> An additional 150 million children globally have been plunged into poverty since the <keyword id="8763838" type="UNKNOWN" weightage="20" keywordseo="covid-19">COVID-19</keyword> pandemic hit earlier this year, taking the number of children living in multi-dimensional poverty across the world to approximately 1.2 billion, according to a new UNICEF analysis. The new analysis, which was done by the UNICEF and child rights organisation Save the Children and published on Thursday, reveals that the number of children living in multi-dimensional poverty - without access to education, health, housing, nutrition, sanitation, or water - has increased by 15 per cent since the start of the pandemic. This means that an additional 150 million children have been plunged into poverty since the pandemic hit earlier this year, it said. "The number of children living in multi-dimensional poverty has soared to approximately 1.2 billion due to the COVID-19 pandemic," the analysis said. UNICEF, in a release, said that the multi-dimensional poverty analysis uses data on access to education, healthcare, housing, nutrition, sanitation and water from more than 70 countries. It highlights that around 45 per cent of children were severely deprived of at least one of these critical needs in the countries analysed before the pandemic. The analysis paints a dire picture already and UNICEF warns the situation will likely worsen in the months to come. Save the Children and UNICEF said they are committed to continue to monitor this evolving situation and work with governments and civil society to confront it. Not only are more children experiencing poverty than before, the poorest children are getting poorer as well, the report notes. Before the pandemic, the average number of severe deprivations per child were around 0.7 and it is now estimated to have increased by 15 per cent to around 0.85. "COVID-19 and the lockdown measures imposed to prevent its spread have pushed millions of children deeper into poverty," UNICEF Executive Director Henrietta Fore said. "Families on the cusp of escaping poverty have been pulled back in, while others are experiencing levels of deprivation they have never seen before. Most concerningly, we are closer to the beginning of this crisis than its end," Fore said. The report notes that child poverty is much more than a monetary value. Although measures of monetary poverty such as household income are important, they provide only a partial view of the plight of children living in poverty. UNICEF said social protection, inclusive fiscal policies, investments in social services, and employment and labour market interventions to support families are critical to lifting children out of poverty and preventing further devastation. This includes expanding access to quality health care and providing the tools and technology needed for children to continue their education remotely; and investing in family-friendly policies such as paid leave and child care. "This pandemic has already caused the biggest global education emergency in history, and the increase in poverty will make it very hard for the most vulnerable children and their families to make up for the loss," Save the Children CEO Inger Ashing said. "Children who lose out on education are more likely to be forced into child labour or early marriage and be trapped in a cycle of poverty for years to come. We cannot afford to let a whole generation of children become victims of this pandemic. National governments and the international community must step up to soften the blow," Ashing said. Fore said nations must act now to prevent additional children from being deprived in basic life needs like school, medicine, food, water and shelter. "Governments must prioritise the most marginalised children and their families through rapid expansion of social protection systems including cash transfers and child benefits, remote learning opportunities, healthcare services and school feeding. Making these critical investments now can help countries to prepare for future shocks," she said. SEE ALSO: <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/startups/news/these-are-the-five-indian-vcs-in-the-top-25-venture-capitalists-in-gcv-powerlist/articleshow/78164251.cms">These are the five Indian VCs in the top 25 venture capitalists in GCV Powerlist</a> <a target="_blank" class="c-link c-message_attachment__title_link" href="https://www.businessinsider.in/business/news/indias-50-billion-wedding-industry-is-gearing-up-for-a-busy-winter/articleshow/78163437.cms">India’s $50 billion wedding industry is gearing up for a busy winter — business may have shrunk in size but it has not lost its sheen</a>

COVID-19 pushes additional 150 million children into poverty, says UNICEF analysis

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These are the five Indian VCs in the top 25 venture capitalists in GCV Powerlist

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COVID-19 pushes additional 150 million children into poverty, says UNICEF analysis

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