ET Startup Awards 2023: Nominees for Social Enterprise
With this category, we intend to recognise the startup that best embodies the ‘double bottomline’ model, one that combines profits with the public good.
By ETtech |
ETtech
With this category, we intend to recognise the startup that best embodies the ‘double bottomline’ model, one that combines profits with the public good.
(from left) Bioprime team - Amit Shinde, Renuka Diwan, Shekhar Bhonsle
Founded in: 2016
Founders: Renuka Diwan, Amit Shinde, Shekhar Bhonsle
Based in: Pune
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Key Investors: Niti Aayog, Venture Centre, Biotechnology Industry Research Assistance Council (BIRAC), Omnivore, Inflexor Venture
What it does: Bioprime is a biotech startup that develops biologicals using small trigger molecules that can metabolically reprogramme plants to make them climate resilient, reduce their carbon footprint, restore soil health and give better yields.
What it does: GramCover promotes insurance services to the rural community in India. The company claims to have sold over 8.4 million insurance policies to over 5 million Indian farmers through its platform since inception, and has a customer presence across 16 states.
Key Investors: JITO Angel Network, WFC, Indorama and Nadathur family office, Dholakia Ventures, Veena Munganahalli, Arun Tyagi
What it does: Vidyakul is a vernacular edtech platform catering to students from tier 2 and tier 3 cities and towns in local languages, at affordable prices. Nearly half the students are girls. Vidyakul has also built Vidya Mitra AI, a Hindi-language AI bot aimed at clearing students’ doubts.
What it does: FIA Global is an impact fintech company that provides technology-enabled last-mile delivery of banking services to under-served communities in India. It also enables migrant remittances to Nepal. Since its inception in 2012, FIA has served 75 million clients.
ET Startup Awards 2024: Woman Ahead and Social Enterprise nominees
