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NEWS

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:...

The challenges related to COVID-19 continue to present itself in many ways. As we continue to deal with them, in this blog post, we want to present a case for open innovation as one of the ways forward to combat these new challenges.  The Challenges of COVID-19 In 2020, COVID-19 has had a definitive impact on almost every aspect of our lives. It continues to disrupt and throw new challenges every day. We have especially noticed this in sectors that we work in: Waste management strategies have been disturbed significantly with the rampant use of single-use plastics in the form of personal...

ERC Eye Care is one of Ennovent’s Impact Investment Holding (IIH) portfolio companies. Being an omnichannel eye care service provider, they provide quality eye care at affordable costs through its four hub hospitals in North East India. With costs as low as Rs. 90/-, a patient can get a comprehensive consultation at ERC Eye Care.  As COVID-19 hit the country, ERC Eye Care had to adapt and innovate to continue their mission of helping people see better, so that they can live better. We spoke with Dr. Parveez Ubed, founder, ERC Eye Care about changes, innovations, and plans as the country...

As COVID-19 has been progressing all over the world, one of the more important topics that is gaining attention is medical waste disposal. In India, the Central Pollution Control Board (CPCB) had released a set of guidelines earlier this year for safe and scientific handling, treatment and disposal of biomedical waste generated as part of COVID-19 interventions including testing and treatment at healthcare facilities.  While these guidelines are well-thought of, a big gap presents itself during implementation. With large numbers of asymptomatic-to-mildly symptomatic COVID positive patients quarantining themselves at home, the guidelines for collection and disposal of hazardous waste coming from...

During the COVID-19 pandemic, most workplaces shifted to a work from home model. Organisations and consultants alike are adjusting to working remotely and trying to find the best ways to balance their home and professional life effectively. We, at Ennovent, have been working remotely since our inception in 2008. Over the last decade or so, our team has effectively collaborated across Europe, Asia, Africa, and the Americas. Today, our core team and advisors continue to work remotely, with members currently based in different parts of India, Nepal, Bhutan, and Austria. “Initially, when we were setting up Ennovent in India, we had...

The changes related to COVID-19 has created several challenges for startups and social enterprises in the subcontinent. In a few cases adapting to working remotely has proved to be challenging and in other cases changed government regulation has placed roadblocks. With all services other than essential services staying open, cash flow and cash reserve have been impacted. According to an article on Quartz, over 80% of India’s small businesses expect to scale down, shut shop, or sell off in six months. While we are also working closely with our venture partners and portfolio companies to extend the assistance they require...

As the COVID-19 pandemic has led us to uncertain times, in certain pockets we see the human spirit fighting it hard. In this post, we profile the initiatives taken by three business ventures from our investment portfolio, which have put a firm step forward in combating the changes resulting from  the coronavirus outbreak. Hasiru Dala Supports Waste Pickers with Care Kits  Hasiru Dala Innovations is a waste management company providing end-to-end waste management solutions in Bangalore, India. Hasiru Dala Foundation, a partner of Hasiru Dala Innovations, focuses on social justice and policy advocacy for waste pickers and solid waste management. [caption id="attachment_4298" align="alignleft"...

Stonesoup is a Bangalore-based organization, which is one of the finalists in the SEED awards, which recognizes eco-inclusive enterprises globally. Ennovent has partnered with SEED to implement the SEED Accelerator programme. Stonesoup creates products to help people make the change towards sustainable living. They offer products related to personal care, home care, menstrual care and composting.  “Our products are comfortable to use and healthy for individuals and the environment. Health and environment are two sides of the same coin,” says Smita Kulkarni, co-founder of Stonesoup. Smita, an ex-techie, founded Stonesoup along with Malini Parmar, who also comes from an IT background. “In the...

 

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