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About This Project

Rianta and Ennovent worked together to catalyse early-stage businesses in agriculture, energy, water, health and other developmental sectors in India.

 

Ennovent conducted a crowdsourcing campaign through which it received 378 nominations and 116 applications from early-stage social enterprises from India. Seven shortlisted enterprises were provided with tailored mentorship support to address their growth challenges, improve their investment readiness and effectively pitch their businesses to investors.

 

Three of these enterprises were successful in raising investments, which were met with USD 50,000 worth of matched funding from Rianta.

 

Click to learn more about Aakar Innovations, Boond Engineering & Development and Sevamob.

Partner

Rianta Capital

Year

2014

Category
Agnostic

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