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About This Project

Ennovent, as a partner to the Artha Venture Challenge, worked with Boond Engineering and Development who provides access to affordable clean energy in northern India.

The tailored mentorship and service provider engagements were designed to negotiate and manage relationships with rural cooperative banks to prepare relevant policies and terms. Additionally, Ennovent helped to streamline and optimise the financial and operational sides of Boond’s business, and increase its investment readiness.

 

As a result of the fundraising support, Boond was subsequently able to raise an undisclosed investment from investors.

Project

Year

2013

Partner

Rianta Capital

Category
Energy

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