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Ennovent, through a pilot program designed for SIDBI’s Samridhi Fund, extended catalysation support to Gramco Infratech, a rural-focused company that creates infrastructure to support farmers.
The interventions aimed to help Gramco Infratech with challenges related to its seed multiplication strategy, and its dealer network and financial lending partnerships. Ennovent recruited a techno-commercial expert who advised Gramco on the strategy to setup a new business unit related to seed multiplication.
Gramco was able to plan a full-fledged pilot to test out the seed multiplication process, and structure partnerships to provide preferential lending to farmers in the regions where it was operating.
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
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