Finalists have fundraise requirements of approximately INR 40 Crores in impact investments
Will leverage special partnership between Sankalp Forum and actor Kunal Kapoor’s social-cause platform Ketto to crowd-source funds for specific projects.
Mar 18, 2015: Sankalp Forum, an Intellecap initiative, today announced 14 high impact finalists of Sankalp Awards 2014 – India’s leading social enterprise recognition platform. The finalists have been shortlisted from across critical needs sectors including – Agriculture, Food and Livelihood; Clean Energy and Technology; Health, Water and Sanitation, Education and Vocational Training; Financial Inclusion; Technology for Development; and Women Empowerment.
The Awards create a well-rounded enabling platform for early-stage enterprises that show the maximum potential to scale and drive impact. Director-Sankalp Forum, Aparajita Agrawal said, “We are excited to see great innovations focused on tackling social challenges at the BoP. This year, our finalist pool comprises 63% first generation entrepreneurs highlight the need to build more robust ecosystems to enable startups to go to scale.” She added, “Cumulatively, these finalists are looking to raise INR 40 crore, and our in-house impact angel network I3N, is supporting many of them in these efforts.”
These finalists will be evaluated through a rigorous process by a high profile jury comprising industry captains like Sunil Wadhwani of iGate, Vikram Gandhi of Asha Impact, Satya Bansal of Barclays and Audrey Selian of Artha.
For the first time, Sankalp Finalists will also be leveraging a special partnership between Sankalp Forum and crowd-funding platform Ketto to get going on their fund-raise targets. Ketto is an online crowd-funding platform co-founded by actor Kunal Kapoor, and focused on social causes.
Sankalp Finalists are also competing for Sankalp People’s Choice Awards to be decided by their popularity on social media and funds raised among other parameters.
List of Finalists:
Develop and sell clean cookstoves and improve quality of indoor air and women’s health
Device for feto-maternal health monitoring. Designed under Stanford BioDesign Program
The Better India
India’s fastest growing positive news website
One of the only retailers of ecofriendly products to have established presence through shop-in-shops & online channels in last 3 years
Sanitation player with a waterless urinal technology called Zerodor
Affordable meals < INR 30 to blue collar workers in Delhi / NCR
End to end decentralized waste management services for households and corporates
Provides capital and know-how to build farmer owned processing units, taking farmers up the value chain from raw material to processed food to boost margins
ReMaterials – ModRoof
Tech for Dev
Makes slum roofs with recycled materials providing superior shelter
Guru-G Learning Labs
World’s first gamified platforms for teaching and teacher training
Affordable preventive, curative and health services and insurance for the base of the pyramid
Provides clean drinking water through its technology in arsenic –affected areas affordably
One of the first organized players to supply organic produce from Sikkim and other Himalayan states to NCR and the export markets under its own brand / co-brand name.
I Say Organic
Ecommerce farm-to-fork organic food supplier. Connects organic farmers direct to consumers
Intellecap is a pioneer in providing innovative business solutions that help build and scale profitable and sustainable enterprises dedicated to social and environmental change. Founded in 2002, Intellecap has grown into a Group with more than 900 employees and 300 engagements across 25 countries.
Intellecap creates a holistic ecosystem to amplify the impact that businesses can deliver, shaping development outcomes in the process. It delivers access to critical know-how through its Consulting, Research and Investment Banking Services, builds access to finance through Arohan and IntelleGrow, and aggregates global networks through critical initiatives Sankalp Forum and I3N. The Group works with Multilateral Agencies, Development Finance Institutions, Social Enterprises, Corporations, Investors, Policy Makers and Donors from around the world.
Sankalp Forum, an Intellecap Initiative, aims to influence the global inclusive development discourse through its work with entrepreneurs, impact investors and inclusive businesses in developing markets. Keeping entrepreneurs and the social impact that they create at its core, Sankalp engages Governments, corporations, influential platforms like the G8 and G20, media and civil society to drive a paradigm shift in inclusive development approaches. Sankalp’s global Summit, held in India annually, brings together over a 1,000 of these engaged stakeholders from around the world to discuss, debate and create a roadmap for development. The Forum expanded to Africa in 2013, and is actively looking to engage with other developing markets in Asia. Since its inception in 2009, it has connected over 400 enterprises to investors and funders, and built an engaged community of over 23,000. For more information, please visit www.sankalpforum.com.