ET Startup Awards 2022: Nominees for Social Enterprise

Company Name: Chakr Innovation

ETtech

Kushagra Srivastava, CEO, Chakr Innovation

Founded In: 2015

Founders: Kushagra Srivastava

Based In: Gurgram

Key Investors: IAN Fund, IDFC Parampara, Neev-II fund

Discover the stories of your interest

What it does: Chakr Innovation has created a device that can be retro-fitted into diesel generators, to curb harmful emissions. It converts the particulate matter into inks and paints. The product can capture about 90% of particulate matter emissions. So far, it has prevented four tons of PM from being released into the atmosphere.

Company Name: Digivriddhi Technologies

ETtech

Ragavan Venkatesan, Founder and CEO

Founded In: 2019

Founders: Ragavan Venkatesan

Based In: Bengaluru

Key Investors: Omnivore, Info Edge

What it does: Digivriddhi Technologies is an integrated dairy fintech company that offers financial services to dairy farmers, making it easier for them to access loans to buy cattle and meet their working capital requirements. It directly connects farmers and lenders and also provides a discovery-led marketplace for the sale of cattle.

Company Name: Gramcover Insurance Brokers Private Limited

ETtech

Jatin Singh, Founder, GramCover

Founded in:2016

Founders: Jatin Singh, Dhyanesh Bhatt

Based in: Noida

Key Investors: Inflexor Ventures, Siana Capital management, Omidyar Network India

What it does: Gramcover offers a rural point-of-sale partner network of over 5,000 correspondents for insurance aimed at livelihood and risk management for marginal farmers. It helps them access the Centre’s crop insurance programme as well as non-crop insurance products, including motor, livestock, and health insurance from partner companies.

Company Name: Stellapps Technologies Private Limited

ETtech

Ranjith Mukundan, Founder, Stellapps

Founded in: 2011

Founders: Ranjith Mukundan, Ravishankar Shiroor, Ramakrishna Adukuri

Based in: Bengaluru

Key Investors: Celesta Capital, Nutreco, IDH Farmfit Fund.

What it does: Stellapps uses IoT and data analytics to improve the dairy supply chain across milk production, procurement, cold chain, animal insurance, and farmer payments. It offers market linkages to dairy farmers, earning a margin from its milk supply chain subsidiary, credit products and wearable devices tracking animal health.

Company Name: Banyan Nation

ETtech

Mani Kishore Vajipeyajula, CEO, Banyan Nation

Founded In: 2013

Founders: Mani Kishore Vajipeyajula & Rajkiran Madangopal

Based In: Hyderabad

Key Investors: National Portal of India, USAID, Innovate for Digital India, CIIE, Artha

What it does: Banyan Nation is a plastic recycling company that converts plastic waste into recycled granules. It uses proprietary plastic cleaning technology that removes inks, coatings, and other contaminants using environment-friendly detergents and solvents.The company aims to replace 100,000 tonnes of virgin polymers annually with recycled plastics by 2030.