IA Impact Labs’ Post

🌱 ESG for Startups in India 🚀 In India, where innovation and #entrepreneurship are on the rise, embracing Environmental, Social, and Governance (ESG) principles can not only enhance a startup's reputation but also drive long-term success. Why ESG Matters for Startups: Attracting Investment: Investors are increasingly prioritizing ESG factors while making funding decisions. By integrating ESG practices, startups can enhance their appeal to impact investors and venture capitalists who seek not only financial returns but also social and environmental impact. Competitive Advantage: Startups that adopt sustainable practices can differentiate themselves in a crowded marketplace. Whether through eco-friendly products, ethical supply chains, or community engagement, a commitment to ESG can resonate with consumers and create loyal brand advocates. Risk Mitigation: Incorporating ESG principles helps startups identify and mitigate risks associated with #regulatory changes, environmental challenges, and social issues. Enhanced Brand Reputation: A strong commitment to ESG can significantly enhance a startup’s brand image. Let’s start a conversation! How are you incorporating ESG into your startup strategy? 💬 #Startups #ESG #Sustainability #Innovation #India

From the heart of India, emerge stories of unstoppable innovators who dared to dream and bring their visions to life. Atal Innovation Mission, in collaboration with Capgemini and SRF Foundation, promotes a culture of innovation and entrepreneurship. Its goal is to serve as a platform for world-class innovation hubs, start-up businesses, and other self-employment activities, particularly in technology-driven fields. Take a sneak peek into their inspiring stories of grit and resilience— their 𝐒𝐭𝐨𝐫𝐢𝐞𝐬 𝐨𝐟 𝐂𝐡𝐚𝐧𝐠𝐞 (Edition 2) 📽️👇

🌏Imagine a world where startups don't just chase profits but actively shape a sustainable future. Sound like a distant dream? 😼At ZEVO, we're turning this vision into reality today. In the cutthroat startup ecosystem, Environmental, Social, and Governance (ESG) principles aren't just nice-to-haves—they're the new secret weapons for success. 👇🏻Here's why ESG is revolutionizing the startup landscape, and how ZEVO is leading the charge in India's e-mobility sector. 👉Why ESG Matters for Startups 1️⃣Investor Magnet: VCs are going green. Startups with strong ESG practices are seen as lower-risk and primed for long-term success. 2️⃣Consumer Loyalty: Today's consumers vote with their wallets. They're choosing brands that align with their values. 3️⃣Innovation Catalyst: ESG challenges push startups to think outside the box, driving groundbreaking solutions. 📈ZEVO: Pioneering ESG in Action At ZEVO, ESG isn't a buzzword—it's our blueprint for revolution. Here's how we're walking the talk: 🔶Environmental Impact 🔷Electrifying supply chains, slashing carbon emissions in logistics. 🔶Smart routing and micro warehousing to minimize unnecessary travel. 🔷Social Responsibility 🔶Governance and Transparency 🔷Implementing robust ethical guidelines across all operations. __ 😇The Future is Green, and ZEVO is Paving the Way 🇮🇳As India's first integrated electric mobility platform, we're not just adapting to the ESG revolution but driving it. The message is clear: in the startup world of tomorrow, ESG isn't just about compliance—it's about competitive edge. And at ZEVO, we're already there, today. Are you ready to join the ESG revolution? The future of business—and our planet—depends on it. #ESGInnovation #SustainableStartups #EMobilityRevolution #ZEVOLeads

We are thrilled to share that India Accelerator (IA Impact Labs) and FULCRUM - Capitalising CSR have officially signed a Memorandum of Understanding (MoU) to join forces in promoting innovative startup technologies aimed at addressing pressing social issues. The discussions started in March 2024 and it took almost 6 months to give a structure to this collaboration. This partnership marks a significant step forward in harnessing the power of technology and entrepreneurship to create positive social impact. By combining Fulcrum’s expertise in social responsibility arena with India Accelerator’s commitment in nurturing ground-breaking start-ups, we aim to support and accelerate solutions that tackle some of the most challenging problems of our time. Through this collaboration, we will: 🔹 Empower Startups: Provide critical CSR resources, mentorship, and funding to start ups involved in social good. 🔹 Foster Innovation: Facilitate the development of cutting-edge technologies that address issues such as climate change, healthcare access, water conservation, education and other allied sectors. 🔹 Empower NGOs: NGOs will have access to technology to scale up their efforts and create higher impact 🔹 Create Impact: Drive real, measurable change in communities by supporting solutions that have the potential to scale and make a difference. We believe that by working together, we can amplify efforts and drive meaningful progress. Stay tuned for more updates as we embark on this exciting journey to innovate for social good. Together, let’s transform challenges into opportunities and shape a brighter future for all. 🌍✨ Munish Bhatia Arun Marette Parthesh Vyas Urmila Joshi Nikhil Suthar Gunika Grover Anusmita Mahanta Prem Primalani #Innovation #SocialImpact #StartupTechnology #CSR #Partnership #Entrepreneurship #SocialGood #MOU #Collaboration

#ZoomedOut | As we gaze into the future, a compelling narrative unfolds for sustainability #startups and accelerators geared to address both local and global challenges. Noteworthy amongst these is India's burgeoning ecosystem, comprising 2,260 climate tech companies, solidifying its position as the world's third-largest hub for combating climate change. The success stories of Indian innovations, prominently showcased in both the technology and business sectors, underscored by a robust startup ecosystem, will play a pivotal role in shaping the future of global innovation and economic prosperity. These narratives will echo beyond national borders, contributing to India's ascent as a beacon of innovation and a catalyst for global economic advancement.   By: Amit Chandra (Bain Capital) and Suranjana Ghosh (Marico Innovation Foundation)

"Affordable Excellence" is the key to winning Indian customers, according to Avnish Sabharwal, Managing Director at Accenture Ventures & Open Innovation. During a discussion on scaling strategies for global startups in India, he emphasized the importance of affordability combined with high quality.🚀 India is a vast yet fragmented market, with diverse clusters and regions, each specializing in different sectors. If you're a global company trying to scale your operations in India or find the right partners, you may be wondering 🤔: 📌 How do we win over Indian customers? 📌 How do we find the right partners or hire the best talent? 📌 What’s the right approach to working with corporates in India? Sound familiar? How about getting answers from corporate leaders and innovation experts who are working with global startups in India? In this article, we’ve gathered eight essential practices for global startups scaling in India, from a corporate perspective. These insights are taken from our panel discussion at the Start2Pitch event. The panel, moderated by Vijetha Shastry, a German Accelerator mentor and ecosystem enabler in India, included industry experts such as: 🎤 Avnish Sabharwal, Managing Director, Accenture Ventures & Open Innovation 🎤 Asawari Moon, Former Associate Director/Head of Data and Analytics BU East Asia, AB Inbev 🎤 Tejas Rao, External Ventures Manager, Saint-Gobain Research India 🎤 Vinayak Hegde, Chief Technology Officer in Residence, Microsoft for Startups 📖 Read on to explore market strategies, operational scaling, and forging key partnerships in India. 👉 https://t.ly/XJBZm ...... Harie Naarayanan, Shivi Jain, Akhil Madav, Sreelakshmi Ajith

Sustainability Steals the Spotlight: Are Indian Startups Leading the Green Charge?   Sustainability is no longer a niche concern in India's startup scene. We're seeing a surge in eco-conscious ventures tackling issues like clean energy, waste management, and sustainable agriculture. 🇮🇳   People like Nitin Gadkari and PM Narendra Modi are bringing various initiatives to promote startups with eco-friendly measures and products but also for making technologies that will solve various environmental challenges of our nation. Here's why this trend matters:   Combating Climate Change: These startups offer solutions to India's pressing environmental challenges, contributing to a greener future. Market Opportunity: With growing consumer awareness, sustainable products and services are gaining traction, creating a lucrative market for innovative startups. Global Recognition: Indian eco-entrepreneurs are attracting international attention and investment, positioning India as a leader in sustainable solutions.   What are your thoughts on the rise of sustainable startups in India? Share promising examples you've come across in the comments! #Sustainability #Startups #India #ClimateAction #GreenTech

In 2017, 29.5% of all start-ups registered in India had at least 1 woman director. As of 7th November 2022, the same percentage has exponentially increased to 47%. That’s a huge turn in numbers, and rightly so. As a female director of a Vegan and Sustainable brand, I find immense inspiration in witnessing this shift and being a part of the fastest growing startup ecosystem in the world. Here's to a future where sustainable practices are not just a choice but a fundamental aspect of business leadership. 🌟🌍 - Dolly Suri, Founder, Prezerve #womanentrepreneur #womanownedbusiness #Prezerve #startupindia #sustainablebusiness

🌱 Curious about how climate entrepreneurs in India are best poised to balance profit and purpose? 🌿 Climate action startups are crucial as it addresses the urgent need to balance economic growth with environmental responsibilities and social equity. Here’s why it's important and how it's evolving: Rising Sustainability Efforts: In 2023, 55% of companies in India adopted energy-efficient or climate-friendly technologies towards the shared goal of limiting global warming by 1.5 degrees Global Commitments: Over 8,000 companies globally, representing 90% of global GDP, are committed to reaching net zero by 2050. Innovation Hot-bed: Unlike established corporations from the west, Indian startups bring creativity and innovation to their sustainability ventures, focusing on the evolving needs of the Global South Social Impact Focus: In India, climate entrepreneurs culturally emphasize fair labor practices, societal well-being, and minimize environmental impact while building their ventures SusMafia makes sustainability a default choice through goal oriented collaborations. With the SusVentures program, we are aiming to launch 100 sustainability startups by 2026 🚀 The SusCrunch Climate Summit will gather 150+ climate investors,entrepreneurs and ecosystem enablers under one roof! SusVentures grads from the inaugural SusVentures x BITS Cohort will pitch their innovative startup ideas, with the winner receiving India's largest early stage climate grant for newly launched ventures- Rs. 31.4 lakhs! Join us at SusCrunch to witness the vibrant climate entrepreneurship ecosystem! 🌏💡 https://lnkd.in/gEpKNvWc Anirudh Gupta | Arjun P Gupta | Ganesh Shankar | Priya Shah Aditya bhat | Ahan Pujari | Aneesa Patel | Chandrashekar Bhat M | Saksham B. Sachin Arya | Birla Institute of Technology and Science, Pilani | Theia Ventures | Himanshu Sharma | PIEDS : Pilani Innovation & Entrepreneurship Development Society, BITS Pilani #Sustainability #ClimateEntrepreneurship #GreenFuture #SusCrunch2024 #EcoInnovation #NetZero #SustainableDevelopment

India’s innovation journey is a story of ambition and achievement. From ranking 81st in the 2015 Global Innovation Index to 39th in 2024—a leap of 42 spots in just nine years—India is proving its mettle on the global stage. And this is only the beginning. Key Highlights: - #1 in Central & Southern Asia - #7 globally in intangible asset intensity - Over 1,49,414 DPIIT-recognized startups - 4 cities among the World’s Top 100 Science & Technology Clusters. -How do we accelerate this further to create meaningful impact? - Which sectors hold untapped innovation potential in India? - How can businesses and academia collaborate more effectively? - What’s your vision for India’s innovation landscape in 2030? At IdeaRocket, we’re passionate about driving meaningful innovation and shaping India’s future. Whether you’re a startup founder, corporate leader, or policymaker, we’d love to collaborate. Let’s connect and explore how we can turn India’s potential into global impact. Comment your thoughts or reach out directly to start the conversation. Together, we can innovate and lead the world. #InnovationInIndia #StartupEcosystem #TechInnovation #FutureOfBusiness #GlobalLeadership