Give People Some (Micro) Credit—and Transform Their Lives

These individuals didn’t have credit scores. So I looked at other things. I lent to one woman, for instance, who I knew saved 30 percent of her income every month for her son’s computer class. I’d observed that she bought her inventory every third Thursday of the month, and that people in her community spent more time in her store than a
https://www.wired.com/story/wired25-melinda-gates-shivani-siroya-credit-loans/

Venture Out: Shivani Siroya, CEO of Tala

Shivani Siroya founded Tala after spending time in emerging markets and found that mobile tech is the best way to solve this problem she was passionate about. Tala provides microloans to people in emerging markets who are unable to secure credit through traditional banks. They use nontraditional data pulled from mobile phones and have extended credit to over 1.3 million customers.
https://www.nasdaq.com/article/venture-out-shivani-siroya-ceo-of-tala-cm1024377

This fashion company is doing something about textile waste — using it

Just like our food systems, clothing production can be extraordinarily wasteful. It’s a disturbing and upsetting fact that at least as much energy, labor and raw materials that go into a meal we eat or a pair of jeans we buy is wasted on one that’s trashed. Yes, we throw almost 50 percent of our food away, and it turns out that statistic is probably true for fashion, too.
https://www.mnn.com/lifestyle/natural-beauty-fashion/blogs/fashion-company-doing-something-about-textile-waste

Why Is Funding a Challenge for Women-Led Agtech Companies?

Based on her experiences and observations she believes “female investors are less likely to invest with a ‘herd mentality’ that I find most investors gravitate towards.” She continued, “I, personally, find women to be more open minded to unique business models that have the potential to resolve larger problems than the same acute problem often chased by multiple investors.”
https://www.precisionag.com/service-providers/business-management/why-is-funding-a-challenge-for-women-led-agtech-companies/

Delhi’s office commute time highest

Deepesh Agarwal, co-founder and CEO, MoveInSync Technology Solutions, said: “The infrastructural development in our country has hampered our commute. Traffic in metro cities is not going to get better, it will only deteriorate with time. The study shows how people spend a huge chunk of their daily life just in going and coming back from work. From the figures, it is estimated that a person spends almost 7 per cent of his or her life only in office commute.”
http://www.mydigitalfc.com/miscellany/delhis-office-commute-time-highest

Donnel Baird Wants to Build an Actually Ethical Billion Dollar Company

Donnel Baird has a more complex business than most start-up founders. His company BlocPower aims to scale green energy across American inner cities by updating millions of older buildings while hiring from vulnerable populations. It’s a public benefit corporation, so it’s for-profit and focused on the bottom line but also committed to energy efficiency, renewable energy, greenhouse gas reductions, and economic development and job creation in low income communities.
https://www.eater.com/2018/11/9/18072638/start-to-sale-donnel-baird-blocpower

Meet the Woman Behind a $2 Million Superfood Business Helping Women Farmers in Africa

With the energy boost came the realization that raising moringa as a crop could not only improve local nutrition but also provide sustainable livelihoods. To fulfill that vision, Curtis and three colleagues started Kuli Kuli to sell moringa-based energy bars and shots, herbal tea, and powder supplements. “I knew that introducing moringa to the U.S. market was a venture that would be successful,” she says. “I just wanted to make sure it was done in a way that helps support women moringa farmers around the world.”
https://www.inc.com/magazine/201809/bill-saporito/2018-inc5000-kuli-kuli-foods.html

12 Under 35: Mohammad Modarres, founding director, Interfaith Ventures and founder, Abe’s Meats

Modarres now hosts a series of large Shabbat Salaam interfaith dinners in San Francisco, Washington, D.C., and New York City, all of which have sold out. An observant Jew oversees the kosher process, and there’s always a separate kosher kitchen. A Muslim certifier makes sure the animals have been sacrificed in a way that’s acceptable. Abe’s Meats is not a brick-and-mortar operation: It’s more about rigorous sourcing of poultry, goat, and even black-bellied ram.
https://www.specialtyfood.com/news/article/12-under-35-mohammad-modarres-founding-director-interfaith-ventures-and-founder-abes-meats/

What’s Fancy Chocolate Made Of That Makes It So Expensive?

Organizations like Uncommon Cacao say they aim to “build a more fair and sustainable specialty cacao supply chain.” Uncommon Cacao issues a yearly transparency report that details the realities of growing cacao in each region and supplies information including annual farmer revenue, flavor notes and prices at each point of sale.
https://www.huffingtonpost.com/entry/fancy-chocolate-expensive_us_5b7d8c4de4b07295150f25c6

Energy Harvesters LLC

Energy Harvesters brings a disruptive technology to the wearable market. Our Walking Charger™ patented technology gives users the ability to “charge their mobile device batteries anytime anywhere from their own walking”. We harness the energy of human motion providing an on-demand power source satisfying the growing energy demands of Smartphone users, Wearables and mobile electronic devices to power billions of batteries and sensors.
http://www.starthub.org/startups/energy-harvesters-llc

CAN MEAT BE BOTH KOSHER AND HALAL?

Until recently, there was no overlap: Meats were either kosher, halal, or neither. A new brand seeks to change that. Abe’s Meats, from Interfaith Ventures, reports that it is producing “the first-ever Interfaith Meat products that are both Halal and Kosher.” Founder Mohammad Modarres says, “Brands that offer dual Kosher and Halal food products do exist. However, meat is one of the most complicated and expensive products to produce as ‘Interfaith’ because of the production process, cost, and need to collaborate.
https://www.restaurantbusinessonline.com/advice-guy/can-meat-be-both-kosher-halal?utm_source=Marketing%20Cloud&utm_medium=email&utm_campaign=RB-Daily_07-19-18&sfmc_s=1591418

AguaClara Hydrodoser Brings Clean Water to 206 People in Odisha

Today, the community of Lahanda in Keonjhar, Odisha in India commissioned a water system delivering safe drinking water on tap to 206 residents. The community is treating the water using an invention called the Hydrodoser, developed by New York State nonprofit AguaClara Reach. The Hydrodoser is a gravity-based, sensor-and-pump-free technology that delivers an accurate amount of chlorine to disinfect water, making it safe for human consumption. The simple yet sophisticated technology is making it a viable drinking water treatment option for remote communities that cannot afford conventional, electric-powered water treatment.
https://www.aguaclarareach.org/latest-press-release

Mapping women hygiene through innovation

Saathi began in 2015, when its co-founders came together on a mission to create fully eco-friendly, compostable sanitary napkins using locally sourced banana fiber from the state of Gujarat, where Saathi is based. Saathi pads are Biodegradable & Compostable, using plant-based materials for the leak-proof outer layers of the napkin. Saathi pads are made with banana fibre because of its highly absorbent properties, and the environmental and social benefits of its supply chain.
https://www.biospectrumindia.com/news/69/11162/mapping-women-hygiene-through-innovation.html

Vita Coco’s parent company acquires natural energy drink Runa

All Market Inc (AMI), the parent company of Vita Coco, purchased natural energy drink Runa, according to FoodBev Media. The brand’s organic beverages are made from guayusa leaves, which are found in the Amazon rainforest.
https://www.fooddive.com/news/vita-cocos-parent-company-acquires-natural-energy-drink-runa/526328/

Fintech startup Tala opens first engineering hub in India in Bengaluru

Headquartered in Santa Monica, California, Tala was founded by Shivani Siroya, an Indian-origin entrepreneur in 2012. The startup aims to broaden access to credit and financial services by harnessing non-traditional data. Tala’s proprietary credit model leverages alternative data and state-of-the-art machine learning techniques to assess the creditworthiness of thin-file customers.
https://www.peoplemattersglobal.com/news/hiring/fintech-startup-tala-opens-first-engineering-hub-in-india-in-bengaluru-18590

For Success Beyond The Bottom Line, These Women Executives Lead With Purpose

In the realm of capital, Shivani Siroya’s micro-finance venture Tala is funding developing-world business owners who would usually be considered too risky by the traditional standards of credit bureaus or who would not be tracked at all. Tala landed on Forbes’ Fintech 50 2018 list of disrupters, with $109 million raised and 4.5 million loans initiated, with a repayment rate of 90%.
https://www.forbes.com/sites/katherinelove/2018/06/20/for-success-beyond-the-bottom-line-these-women-executives-lead-with-purpose/#5f133cf740ca

Wearables for Construction

SolePower’s integrated, self-powered device in its footwear provides real time location and data tracking of the workforce. Beyond the obvious accountability and emergency response features, this wearable can preemptively identify fatigued employees by the change in their gait along with a few other parameters.
http://constructionexec.com/article/wearables-for-construction

The Farmer’s Smartphone, To impact the agriculture ecosystem

Atul believes in taking feedback from multiple people. He goes to the Sarpanch, meets the best farmer in his taluka, and then travels 70 kms to meet the Agri dealers at the market place. He ends up getting confused. The dealers talk to him about a new product being launched by a well-known company. They also try to convince him to buy a few low-priced unbranded products which are supposed to give bumper yields.
http://www.destaglobal.com/the-farmers-smartphone-to-impact-the-agriculture-ecosystem/

Chakr Innovation figures out how to turn generator exhaust into ink

India has some of the worst air pollution in the world and smog levels often spike during its sweltering summers, when smoke-belching diesel generators are used to offset power shortages, as air-conditioners and fans stoke consumption.
https://www.devdiscourse.com/Article/21766-chakr-innovation-figures-out-how-to-turn-generator-exhaust-into-ink

Inaara Impact Ventures invests in Jaan Pak in a revenue sharing model

Jaan Pak is a clean energy initiative, founded in 2014, and recipient of various local and international accolades since then. Jaan Pak won the Rwanga Social Startup Competition in October 2014, bringing home USD 20,000 to kick start operations.More recently, Jaan Pak was a finalist in the UNIDO Global Cleantech Innovation Program, Winner of the Shell Tameer Bright Energy Ideas Award, and again the only Pakistani company to date to win USD 100,000 at the Innovation Impact Dubai Expo Live program.

https://www.techjuice.pk/inaara-impact-ventures-invests-in-jaan-pak-in-a-revenue-sharing-model/

Biosense Technologies raises $ 1 million

Impact investment fund Menterra Venture Advisors, announced a new round of investment in Biosense Technologies alongside its investment partner Artha Venture Challenge.
https://www.thehindu.com/business/Economy/biosense-technologies-raises-1-million/article23495927.ece

100 Bold Ideas to Improve Women and Children’s Health and Rights in the Developing World

Access Afya Kenya is developing and testing a revolutionary approach that aims to put nutrient monitoring into the hands of mothers using the non-invasive technique of near-infrared spectroscopy (NIRS). Fingernail scanning can be done by mothers at home, and results are instantaneous and easy to interpret. With the 1000 Day Nutrient Monitor, each mother can repeatedly analyse her and her baby’s nutrient levels, informing proactive diet changes.
https://globenewswire.com/news-release/2018/05/31/1515272/0/en/100-Bold-Ideas-to-Improve-Women-and-Children-s-Health-and-Rights-in-the-Developing-World.html

Let’s Innovate with Nedraki

Because we believe in technology as a resource to build sustainable future, me as a part of Nedraki’s team felt very excited for our conference on may 10th and the commitment proved by the innovator’s who attended the event. They were so grateful to be an important piece in this day, they were able to connect with others that are doing similar things and is exactly this what liked them the most, the opportunity of doing networking, that I could see clearly. I also felt pleased to gather almost a hundred people in the event and felt very motivated to repeat this experience because almost another eighty people at least stay on the selection process that couldn’t be present in this conference.
https://medium.com/@astridjhc/lets-innovate-with-nedraki-6c34faad36e1

Why Social Enterprise Can Be a Win-Win Scenario for Your Company’s Future

Take, for instance, Husk Power Systems, a social enterprise that was just awarded some hefty funding. Husk develops affordable, environmentally efficient minigrids that supply on-demand power to rural parts of Asia and Africa. The utility distributor recently garnered $20 million in a funding round led by Shell Technology Ventures with an eye toward expanding into India and Tanzania and potentially serving an additional 100,000 customers with affordable renewable power.
https://www.entrepreneur.com/article/310240

Prerna Mukharya: The data collector

Prerna Mukharya’s social-impact startup Outline India gathered data from 3 million people for academic institutions, government agencies and corporates.
https://www.fortuneindia.com/people/the-data-collector/101764

Takamoto Biogas creating jobs with Biogas Manufacturing

Takamoto Biogas- Is in the business of creating employment for through biogas manufacturing. Located in Githunguri, Kiambu County, local farmers in the region are the main beneficiaries of the technology. However, the company is striving to expand its clientele base across the country.
https://www.youtube.com/watch?v=-MPR2_Mckr8

Employee Transportation Startup MoveInSync Raises $8 Mn In Series B Funding

Bengaluru-based employee transportation startup MoveInSync Technology Solutions has raised $8 Mn in Series B funding round led by Nexus Venture Partners. Existing investors including Inventus Capital Partners, Saama Capital and Qualcomm Ventures also participated in this round.
https://inc42.com/buzz/employee-transportation-startup-moveinsync-raises-8-mn-in-series-b-funding/

These Entrepreneurs are Changing the Face of Energy in West Africa

Three entrepreneurs, however, want to change that narrative. Alexandre Tourre, Nthabiseng Mosia and Eric Silverman founded Easy Solar with a vision to transform the face of energy in a country that’s been in the dark for too long. Today, only 11 percent of Sierra Leone’s 7 million people have access to electricity. Easy Solar’s mission is to bring new hope and opportunity to the country by making high-quality solar energy available and affordable for all.
https://acumen.org/energy-video-series/

Land of a Thousand Ideas

Volantio, which makes software to help airlines with marketing automation and booking optimization, and Vayando, which offers an online platform connecting travelers with experiences offered by social entrepreneurs internationally, are headed to Toulouse as part of a program launched last year through Atlanta’s sister-city relationship Toulouse.
https://www.forbesafrica.com/entreprenuers/2018/03/28/land-thousand-ideas/

BroadPoint, a Gold-Certified Microsoft Dynamics partner serving nonprofit and commercial clients, announces acquisition of The Jitasa Group’s nonprofit technology practice.

The merger of these two highly respected partners provides the nonprofit community with a single, trusted source for their technology solutions, services and support. Both companies are excited about the expanded opportunities the acquisition brings to nonprofits.
https://www.prnewswire.com/news-releases/broadpoint-announces-major-acquisition-to-benefit-nonprofit-community-300614616.html

Revolutionary communication innovations

Start-ups like Speak Shop, a web-based marketplace of Latin America Spanish tutors, allow anyone, anywhere to brush up on their Español via Skype.
https://www.speakshop.org/revolutionary-communication-innovations/

NASA Licenses Gear Bearing Technology to Bahari Energy for Urban Wind Power Generation

The Strategic Partnerships Office (SPO) at NASA’s Goddard Space Flight Center in Greenbelt, Maryland, has signed a partially exclusive license agreement for gear bearing technology with Bahari Energy LLC, of Rockville, Maryland, for use in its Energy Wind Tower designed for the urban environment.
https://www.nasa.gov/press-release/goddard/2018/nasas-goddard-space-flight-center-licenses-gear-bearing-technology-to-bahari-energy