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The Healthy Cities for Adolescents (HCA) Program is a five-year global initiative funded by the Swiss philanthropic organisation, Fondation Botnar, and managed by the International Society of Urban Health (ISUH) based in New York. This global program includes seven projects addressing the health and well-being of young people living in secondary cities. The projects are based out of Senegal, Ghana, India, Vietnam, and Colombia. In India, the program is being anchored by Ennovent and has been initiated through projects in Smart Cities in two states - Jaipur and Udaipur in Rajasthan and Bhubaneswar and Cuttack in Odisha. Haqdarshak and World Resources...

In our latest position paper, we present Ennovent’s venture partnership model after a critical analysis of the existing support models available for entrepreneurs to create a sustainable impact in low-income markets.  Entrepreneurs often require support to ideate, pilot, launch, and scale their business ventures. Incubators, accelerators, and advisory services are among the most frequently encountered models offering the expertise, networks, and resources to a business venture. However, while working with ventures that create a sustainable impact in low-income markets, the support offered by the existing services can often be restrictive.  Over the last decade, with considerable experience in implementing such models of...

Who is Matanataki? Matanataki is a development and investment partnership for green and blue businesses in the Pacific. Named after the Fijian word for ‘action’, this venture is a private sector partnership between four founding organisations - The Josei Shiraito Group, Landscape Finance Lab, Ikigai Advisors and Ennovent. Together, the partners have formed a dedicated team with complementary skills and backgrounds, as well as compelling track records. Jodi Smith, Matanataki Partner and pipeline business lead, reflects on its inception: “We came together out of a pressing need to incubate a pipeline of bankable regenerative businesses to meet impact investments that were...

Karma Primary Healthcare is one of Ennovent's Impact Investment Holding (IIH) portfolio companies, which first received investment in 2015. Karma's mission is to provide equitable access to quality primary healthcare in rural and semi-urban India through a technology-enabled ecosystem. They started working towards their mission with their nurse-assisted e-Doctor clinics, and gradually over the last year, they have made massive strides in the digital delivery of healthcare. In this story, we speak with Karma's CEO and Co-founder, Jagdeep Gambhir, to understand how they have doubled down on their focus on the digital delivery of healthcare during the coronavirus pandemic.  Scaling Contactless...

Ennovent has recently partnered with Plasticpreneur, an Austrian business that develops and provides affordable, small-scale plastic recycling solutions and combines them with social entrepreneurship skills. With its mobile CE-certified machines, Plasticpreneur enables grassroots access to turn plastic waste into new opportunities to create innovative recycled products and set up new, income-generating projects and social businesses worldwide. Through its work, Plasticpreneur aims to empower communities and foster a rapid transition towards a circular economy.  With the dual aim of tackling plastic pollution and unemployment, Plasticpreneur produces a series of innovative machines, including extruders, granulators, and injection machines, that support plastic recycling until...

Ennovent partnered with Veolia, a global leader for optimised resource management, to implement Veolia’s Pop Up programme in India. Pop Up India is a unique program to boost open innovation and co-creation between Veolia and promising startups to address existing business challenges and explore new opportunities with social and environmental impact in India. The first edition of Pop Up India was launched in 2018 and focused on co-creating business solutions in the space of waste and water. Following the success of its first edition, Pop Up India 2.0 was launched in February 2020 and called for applications from social enterprises working...

Impact Investment Holding (‘IIH’), an Austrian family-owned fund managed by Ennovent, made follow-on investments in ERC Eye Care and Hasiru Dala Innovations. Both the companies work in line with Ennovent and Impact Investment Holding’s commitment to creating sustainable impact and fair profits in low-income markets. Impact Investment Holding aims to support impact-focused businesses scale by following ethical business principles. Since 2010, IIH has invested in early-stage enterprises that make a sustainable impact in low-income markets in India. In the last 11 years, IIH has invested EUR 1 million in six business ventures from the healthcare, education, energy, and waste sectors. “IIH invests...

The tourism sector has been one of the most impacted by the COVID-19 pandemic. A report by the United Nations World Tourism Organisation (UNWTO) published in June 2020 estimated that the tourism industry would face a decline of 58% to 78% in international tourist arrivals and place 100 to 120 million direct tourism jobs at risk in 2020. The UNWTO continues to state that international arrivals fell by 72% in January-October 2020 over the same period in 2019, with Asia and the Pacific has recorded a decline of 83% in arrivals.  Tourism often covers many businesses, and the overall ecosystem, surrounding...

DOT Glasses is a company that started with the goal of finding a solution that makes eyeglasses accessible to people everywhere - even those living in the most remote villages on earth. With that vision, within two years, they came up with the concept of one-size-fits-all frames, along with a simplified lens concept. They offer high-quality eyeglasses with good style, and lesser cost to cater to the low-income markets that they want to impact.  To increase efficiency, DOT Glasses has devised a 60-minute training programme that prepares almost anyone to provide basic vision care. “Many people still don’t understand that their poor...

Chandrakant Komaragiri (CK), Country Director, Ennovent-India recently spoke on Veolia's global podcast - Resourcer of the Month. CK is the first external guest in this podcast. While speaking to Nina Cambadelis, who leads sustainability for Veolia Asia, CK speaks about Ennovent's work with Veolia on the Pop Up India project, and his ideas and expectations to shape a better society at large. He also shares his thoughts on how to engage more people in living sustainably. And in a slight digression, he discusses the letter he had written to himself as a teenager in an exercise in school. Head here to listen to the entire podcast:...

 
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