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About This Project

Ennovent, as a partner to the Artha Venture Challenge, worked with Aakar Innovations who is transforming lives in rural India through innovative compostable sanitary pads that are also affordable.

 

Ennovent managed a tailored mentorship engagement to help Aakar Innovations to refine its business processes pertaining to operations, marketing and distribution channels. Aakar Innovations also received investment readiness support to refine its business model and prepare the key business collateral required to present its business before investors.

 

The mentorship helped Aakar Innovations to successfully pitch their business to potential investors and raise an undisclosed investment during the fundraising rounds.

Project

Year

2013

Partner

Rianta Capital

Category
Sanitation
Tags
Aakar Innovations, Artha Venture Challenge, compostary sanitary pads, mentorship, rural

Dear Friends,

 

Thank you for your interest in Ennovent! We closed down Ennovent’s operations at the end of March 2024.

 

We had been deliberating about continuing our work in the changing overall market and impact space during the last year. The decision to close came after careful consideration of major policy shifts, changing funding priorities and market challenges that have significantly affected our business model.

 

Reflecting on our journey since 2008, we are filled with great pride in the legacy Ennovent leaves behind. We have been a catalyst for more than 250 ventures across 40 countries through our involvement in 90 projects. Our mission has always been to promote businesses with sustainable solutions for low-income markets, a goal that we pursued with unwavering commitment. As we move forward, our team members remain dedicated to pursuing lasting sustainable impact through their future endeavours.

 

We deeply appreciate your support and patronage over the years.

 

Warm regards,
Team Ennovent