ET Startup Awards: ET Startup Awards 2022: Nominees for Social Enterprise
Company Name: Chakr Innovation
Kushagra Srivastava, CEO, Chakr Innovation
Founded in: 2015
Founders: Kushagra Srivastava
Situated at: Gurgram
Main investors: IAN Fund, IDFC Parampara, Neev-II Fund
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What he does: Chakr Innovation has created a device that can be retrofitted to diesel generators, to limit harmful emissions. It converts particles into inks and paints. The product can capture approximately 90% of particulate emissions. So far it has prevented four tonnes of PM from being released into the atmosphere.
Company Name: Digivriddhi Technologies
Ragavan Venkatesan, Founder and CEO
Founded in: 2019
Founders: Ragavan Venkatesan
Situated at: bangalore
Main investors: Omnivorous, Info Edge
What he does: Digivriddhi Technologies is an integrated dairy fintech that offers financial services to dairy farmers, making it easier for them to access loans to purchase livestock and meet their working capital needs. It directly connects farmers and lenders and also provides a discovery-driven marketplace for selling livestock.
Company Name: Insurance Brokers Gramcover Private Limited
Jatin Singh, Founder, GramCover
Founders: Jatin Singh, Dhyanesh Bhatt
Situated at: Noida
Main investors: Inflexor Ventures, Siana Capital management, Omidyar Network India
What he does: Gramcover offers a rural outlet partner network of over 5,000 correspondents for livelihoods and risk management insurance for marginal farmers. It helps them access the Centre’s crop insurance program as well as non-crop insurance products, including auto, livestock and health insurance from partner companies.
Company Name: Stellapps Technologies Private Limited
Ranjith Mukundan, Founder, Stellapps
Founded in: 2011
Founders: Ranjith Mukundan, Ravishankar Shiroor, Ramakrishna Adukuri
Situated at: bangalore
Main investors: Celesta Capital, Nutreco, IDH Farmfit Fund.
What he does: Stellapps uses IoT and data analytics to improve the dairy supply chain across milk production, procurement, cold chain, animal insurance and farmer payments. It offers business links to dairy farmers, earning a margin from its milk supply chain subsidiary, credit products and wearable animal health monitoring devices.
Company Name: banyan nation
Mani Kishore Vajipeyajula, CEO, Banyan Nation
Founded in: 2013
Founders: Mani Kishore Vajipeyajula & Rajkiran Madangopal
Situated at: Hyderabad
Main investors: India National Portal, USAID, Innovate for Digital India, CIIE, Artha
What he does: Banyan Nation is a plastic recycling company that converts plastic waste into recycled pellets. It uses proprietary plastic cleaning technology that removes inks, coatings and other contaminants using environmentally friendly detergents and solvents. The company aims to replace 100,000 tonnes of virgin polymers per year with recycled plastics by 2030.