Startups Driving Environmental and Socio-Economic Impact in India

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Startups to look out for at the Demo Day on 18th April organized by 9Unicorns and Venture Catalysts

INDIA – 10 April 2023 – The environmental, social, and economic challenges facing the world today are greater than ever before, and more so in India, one of the fastest developing superpowers. India continues to be at the core of the most significant disruptions occurring in the social impact sector owing to its rising population and increased adoption of technology. The emergence of such businesses and the sentiment towards impact investing, have both experienced significant increases over the past few years in the country. Global investors are swarming the Indian startup ecosystem in search of ventures that have a positive impact on areas such as agriculture, food, healthcare, education, and livelihoods.

With the rise of digital technology, the availability of low-cost Internet connectivity, and an increasing number of young and socially conscious entrepreneurs combined with various government initiatives, India is now home to many innovative impact-driven businesses that are not just scalable but also profitable. These startups aim to tackle some of the most pressing issues facing the world today and are at the forefront of driving impact investing.

Five such startups will be showcasing their businesses at the third edition of the Demo Day on 18th April hosted by 9Unicorns and Venture Catalysts.

Dairy and cattle industry is one of the most significant industries and the single largest agri-commodity in India that not only contributes to the Indian economy but also provides large scale employment.

MeraPashu360 is revolutionizing the livestock and Agritech sector by providing dairy farmers with access to essential tools, resources, and services on a single platform. This includes access to good quality cattle through their marketplace, animal feed & nutrition, veterinary and health advisory services.

MeraPashu360 bridges the gap between small farmers and large industry players by providing access to information such as best practices, market trends, resources, and information that can help improve cattle health, upkeep and increase productivity via their online platform and app.

In addition to scheduling appointments with veterinarians and access to medical advice via the app around-the-clock, Farmers can also place orders for premium quality cattle feed to be delivered to their farms. Cattle feed is available under categories – high quality protein, high protein and good fats, a balanced mix containing all macronutrients.

Solar energy helps reduce dependence on fossil fuels and lowers carbon emissions, leading to cleaner air and a healthier environment. Although many individuals as well as businesses in semi-urban and rural India are eager to cut costs and adopt solar energy, they have trouble financing due to insufficient collateral, lack of credit history, trusted vendors and partners.

Metafin is India’s first cleantech-focused Non-Banking Financial Company (NBFC) startup that offers financing exclusively for solar projects in semi-urban and rural India. By providing retail customers with tailored financing solutions, access to qualified technology partners and service providers, Metafin aims at enabling more people to use solar power thereby accelerating India’s shift to sustainable energy.

Gig economy is the primary source of income for a vast majority of unskilled/semi-skilled workforce. Their livelihoods primarily depend on their daily and odd jobs. These gig workers lack adequate capital to purchase bikes/scooters and the high fuel costs and maintenance expenses.

In their mission to address this issue, Baaz Bikes has designed a platform that offers electric mobility solutions for gig workers and last mile delivery services with products like EV scooters, smart battery swapping stations, and cloud-based tools for vehicle rental partners to manage fleets and operations. The platform also provides gig workers access to register, rent scooters, and swap batteries. These bikes are designed and assembled in-house.

EV company Revamp Moto focuses on providing mobility solutions for microbusiness owners like farmers, street vendors, and last-mile delivery personnel. Revamp is designing sustainable electric two-wheelers with various functionalities based on a modular platform. The electric platform is also designed to supply electricity for using a wide range of appliances.

In the healthcare industry as a whole, startups are fostering innovation and disruption, and in the years to come, they will have a great impact on the field of oncology from diagnosis to treatment to improve cancer care.

Karkinos Healthcare, a purpose driven oncology platform, aspires to address accessibility to cancer care via an end-to-end technology platform that coordinates the cancer care continuum; a medical center for complex cancer therapy; and a research center utilizing technologies such as genomics, synthetic biology, sensors, and AI to evaluate data and enable the development of affordable cancer therapies.

Karkinos’ central purpose is the democratization of cancer care through collaboration with existing health practitioners, researchers, and technologists pan India. Karkinos also seeks to provide assured, affordable and quality focused oncology treatment pathways.

Don’t miss out on the opportunity to see cutting-edge startups present their businesses virtually at the global DDay event, hosted by 9Unicorns & Venture Catalysts!

https://www.9unicorns.in/d-day/

About 9Unicorns:
Co-founded by Dr. Apoorva Ranjan Sharma, Anil Jain, Anuj Golecha, and Gaurav Jain, 9Unicorns is a stage and sector agnostic accelerator VC providing accelerator support and seed funding to early and growth-stage startups.

9Unicorns, India’s first Accelerator VC, and Venture Catalysts, India’s largest angel fund, launched the first edition of DDay in 2021. Over the past two years, over 1,200 global VCs and family offices from over 20 countries have participated in the DDays hosted by 9Unicorns & Venture Catalysts, leading to significant added value in their respective businesses.

For more information, please contact:
Anish Pai: anish@9unicorns.in

This press release was published as it was received from our partner, without any editing from the Tech in Asia team.

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