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New Delhi, India, February 2017- Ennovent’s Impact Investment Holding (IIH) has invested an undisclosed amount in Bengaluru-based Hasiru Dala Innovations Private Limited. The company was incubated earlier by the Foundation for Innovation and Social Entrepreneurship (FISE), a Tata Trusts initiative. This is the sixth investment made by Ennovent’s Impact Investment Holding. Hasiru Dala Innovations is a for-benefit, not-for-loss social enterprise that is dedicated to creating reliable and sustainable livelihoods for wastepickers through innovative, circular-economy centric businesses (www.hasirudalainnovations.com). It currently offers total waste management services for the responsible bulk waste generator, event waste management services for the eco-friendly host and easy...

In the Global Innovation Index ranking 141 economies across the world on innovation capacity and efficiency, India’s ranking has further slipped – 81 as compared to 76 in 2014. The ranking takes into account factors such as policy, decision-making, political environment and ease of doing business.     While the findings may reflect public perception and the relative inactivity in the making of innovative policy decisions, one of the key transformative events is the Innovation for India Awards (IIA) 2016 by Marico Innovation Foundation. Now in its sixth edition, IIA 2016 recognizes the greatest innovations within the Indian business and...