CIIE- IIM Ahmedabad and Village Capital, have announced the 16 ventures selected to participate in their “Technology for Impact Accelerator” program for business creating social impact.
The accelerator focuses on for-profit, commercially scalable Indian startups that display a high level of social value in their tech-driven or tech-enabled offerings. The accelerator will focus on technology ventures operating in the mobile/ICT, health, agribusiness, education, sustainability and livelihood solutions verticals.
With the first of three 4-day sessions at the IIM-A campus beginning on April 11th, the highly competitive application process saw 300 organizations applying to be selected for the program.
According to Akash Bansal from CIIE, “the accelerator will help optimize ventures through interactive working sessions with international impact investors, entrepreneurs that have overcome the same challenges facing many in the cohort, and one-on-one access to high quality professional services”.
The cohort includes:
Kriyate Design Solutions is utilizing elevation technology to create a smart phone for the visually impaired at an accessible price point, liberating and creating livelihood-enhancing opportunities for potentially millions around the globe.
Edsix Brain Lab is poised to disrupt the booming educational gaming sector by becoming the world’s largest developer and publisher of interactive brain skill & curriculum based products.
MediAngels is creating the world’s first online hospital, providing medical services for people around the globe utilizing internet and mobile technology.
Aakar Innovations is producing a biodegradable sanitary napkin product for the BoP woman consumer sold by women in a hub & spoke model across India.
Advance DIA-BESE Care is helping patients and care providers manage diabetes and its associated complications through a novel algorithm driven program
Green Agrevolution maximizes the take home profit of farmers by improving efficiencies in the agricultural supply chain, from crop selection to marketing, utilizing a microentrepreneurial franchise model.
UTOPIA is developing a number of innovative and unique livelihood enhancing products and solutions for the differently-abled.
SuryOn has developed the Apollo Mobile Phone Charger, capable of charging mobile phones directly from sunlight, without the intermediacy of batteries.
GreenNerds Solutions provides innovative technology solutions to address the needs of current environmental challenges around the solid waste management sector.
HelloMyDoctor is a pre-paid telephonic health consultation platform that utilizes a location algorithm to ensure that patients are connected with participating doctors nearby.
Pappilon Software Solutions Pvt. Ltd. has developed HealthBooth, a five-minute check-in booth, which is capable of performing health checks for Rs 50 (less than US$1).
Kaambol.com is an online job portal with supplemental training and placement services for brown-collar workers. Clients placed through Kaambol regularly see salary hikes between 40 and 80%.
Experifun has developed a suite of innovative, patent-ready, interactive scientific product solutions to dramatically improve in-classroom learning at the K-12 level.
Sanchayan delivers comprehensive financial planning, literacy & financial services like savings, banking, etc to low-income BOP populations.
nanoPix is an image and video processing product company focusing on socially impacting products bringing value, quality and safety to people. They are working on products in both the agricultural and medical device fields.
“We could not be more excited about the incredible talent that is represented in our cohort. It is a diverse group of entrepreneurs, all of whom are extremely attractive from an investor perspective”, says Patrick Duffy, Village Capital’s program manager in Ahmedabad.
More information about the program can be found at www.vilcap-ciie.org.