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The tourism sector has been one of the most impacted by the COVID-19 pandemic. A report by the United Nations World Tourism Organisation (UNWTO) published in June 2020 estimated that the tourism industry would face a decline of 58% to 78% in international tourist arrivals and place 100 to 120 million direct tourism jobs at risk in 2020. The UNWTO continues to state that international arrivals fell by 72% in January-October 2020 over the same period in 2019, with Asia and the Pacific has recorded a decline of 83% in arrivals.  Tourism often covers many businesses, and the overall ecosystem, surrounding...

The challenges related to COVID-19 continue to present itself in many ways. As we continue to deal with them, in this blog post, we want to present a case for open innovation as one of the ways forward to combat these new challenges.  The Challenges of COVID-19 In 2020, COVID-19 has had a definitive impact on almost every aspect of our lives. It continues to disrupt and throw new challenges every day. We have especially noticed this in sectors that we work in: Waste management strategies have been disturbed significantly with the rampant use of single-use plastics in the form of personal...

As COVID-19 has been progressing all over the world, one of the more important topics that is gaining attention is medical waste disposal. In India, the Central Pollution Control Board (CPCB) had released a set of guidelines earlier this year for safe and scientific handling, treatment and disposal of biomedical waste generated as part of COVID-19 interventions including testing and treatment at healthcare facilities.  While these guidelines are well-thought of, a big gap presents itself during implementation. With large numbers of asymptomatic-to-mildly symptomatic COVID positive patients quarantining themselves at home, the guidelines for collection and disposal of hazardous waste coming from...

The changes related to COVID-19 has created several challenges for startups and social enterprises in the subcontinent. In a few cases adapting to working remotely has proved to be challenging and in other cases changed government regulation has placed roadblocks. With all services other than essential services staying open, cash flow and cash reserve have been impacted. According to an article on Quartz, over 80% of India’s small businesses expect to scale down, shut shop, or sell off in six months. While we are also working closely with our venture partners and portfolio companies to extend the assistance they require...

As the COVID-19 pandemic has led us to uncertain times, in certain pockets we see the human spirit fighting it hard. In this post, we profile the initiatives taken by three business ventures from our investment portfolio, which have put a firm step forward in combating the changes resulting from  the coronavirus outbreak. Hasiru Dala Supports Waste Pickers with Care Kits  Hasiru Dala Innovations is a waste management company providing end-to-end waste management solutions in Bangalore, India. Hasiru Dala Foundation, a partner of Hasiru Dala Innovations, focuses on social justice and policy advocacy for waste pickers and solid waste management. [caption id="attachment_4298" align="alignleft"...

 

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