{"id":437,"date":"2020-07-26T07:37:22","date_gmt":"2020-07-26T07:37:22","guid":{"rendered":"https:\/\/editor.pimglobal.org\/?p=437"},"modified":"2023-08-29T13:22:28","modified_gmt":"2023-08-29T13:22:28","slug":"recap-2018-india-across-the-himalayas","status":"publish","type":"post","link":"https:\/\/editor.pimglobal.org\/recap-2018-india-across-the-himalayas\/","title":{"rendered":"RECAP | 2018 INDIA: ACROSS THE HIMALAYAS"},"content":{"rendered":"\n
This October, PIM launched Investment for Good: a first-of its kind program focused on impact investing for modern-day change-makers, set in Delhi\u2019s vibrant social enterprise ecosystem. From workshops with early-stage social enterprises, to discussions with mission-driven investors, and an investment simulation of our own, we took away a new set of tools and insights for doing good and doing well. Check out the program highlights by PIM Fellow Shirley Xu!<\/em><\/p>\n\n\n\n What I learned across the Himalayas<\/strong><\/p>\n\n\n\n This October, PIM brought together a group of rising young change-makers and leaders from around the world to dive deep into Delhi\u2019s vibrant impact investing ecosystem, and find our own answers to these questions.<\/p>\n\n\n\n Coming from social innovation policy, education tech, development, and financial investment backgrounds, we each brought our own diverse expertise but shared a common drive to understand what impact investment looks like from the perspectives of entrepreneurs, investors, and change-makers in India. Through site visits to social enterprises, workshops with social entrepreneurs, and conversations with innovators at different stages in their careers, we gained deep insight into the workings of the social impact sector.<\/p>\n\n\n\n Deep Dive: Getting to Know Delhi<\/strong><\/p>\n\n\n\n From sipping chai tea with English-language students in a local slum, to serving a Langar meal at the Sikh temple, we explored some of the many faces of Delhi and had the opportunity to interact with people from different walks of life. <\/p>\n\n\n\n Special shoutout to Pradeep and everyone at Delhi by Locals<\/a>, a social enterprise that served as our guide to Delhi\u2019s local sites, giving us Delhi from the eyes of locals.\u201cWhat impressed me the most was how deeply the concepts of community, charity, and service appeared to permeate everyday life, and how so many in India are integrating these principles into the core of their businesses. I couldn\u2019t believe my eyes.\u201d \u2013 Investment for Good Participant<\/p>\n<\/blockquote>\n\n\n\n Filling the Gap: Delhi\u2019s Social Entrepreneurs<\/strong><\/p>\n\n\n\n Our week focused on understanding how social enterprises channel investments to make a sustainable impact. To do this, we visited innovative enterprises working on issues ranging from air pollution to women\u2019s health. We heard from staff, founders, and beneficiaries about topics such as measuring impact and strategies for scaling. Here are a few that impressed me most<\/p>\n\n\n\n Chakr Innovation:<\/a> Chakr captures emissions from diesel generators and converts the soot into ink for printing. Chakr has developed the world\u2019s first retro-fit emission control device for diesel generators, which can capture over 90% of the particulate matter emissions from the exhaust of diesel generators without causing any adverse impact on the diesel engine. Through a brand called POINK, Chakr raises awareness on the effects of air pollution using ink from the generators.<\/p>\n\n\n\n Swasti\u2019s<\/a> Invest for Wellness<\/em> focuses on the health and wellness of the poor, targeting rural factory workers and sex worker collectives with an affordable, quality assured, and scalable method. Through a blended finance model, i4We aims to reach 2.5 million urban and rural poor with primary health services, while delivering an independently certified Social Return on Investment (SROI) of 300%.<\/p>\n\n\n\n \u201cDuring the trip to India, I was very excited to meet many young social entrepreneurs who are committed to empowering philanthropy with business and technology in order to improve the local environment and enhance the quality of life. \u201d<\/em><\/p>\n\n\n\n -Investment for Good Participant<\/em><\/p>\n<\/blockquote>\n\n\n\n After studying the business models and impact indicators of more established organizations, we applied our learnings in workshops alongside early stage organizations. This provided the rare opportunity to analyze real start-up cases, and we worked together with the founders to consider long-term strategies for sustainability and to brainstorm solutions to specific challenges.<\/p>\n\n\n\n Workshops with three early-stage social enterprises: Trucup, Gehru & Armadillo Digital<\/p>\n\n\n\n Defining Impact: Impact Investors<\/strong><\/p>\n\n\n\n Finally, we heard from a variety of impact investors, gaining a sense of the spectrum of impact measurement frameworks from real-world examples and learning how different investors balance mission and money.<\/p>\n\n\n\n During the trip to India I saw the huge potential of impact investment in reducing social inequality and how people can engage in this cause. The program definitely unlocked my imagination as to the possibilities of social innovation in China!<\/p>\n\n\n\n \u5728\u5370\u5ea6\u4e4b\u884c\u4e2d\u6211\u89c1\u8bc6\u4e86\u5f71\u54cd\u529b\u6295\u8d44\u5982\u4f55\u51cf\u5c11\u793e\u4f1a\u8d44\u6e90\u5206\u914d\u7684\u4e0d\u516c\uff0c\u4e2a\u4eba\u5982\u4f55\u8eab\u4f53\u529b\u884c\u53c2\u4e0e\u8fd9\u9879\u4e8b\u4e1a\u3002\u884c\u7a0b\u7ed3\u675f\u540e\uff0c\u6211\u5bf9\u4e2d\u56fd\u672c\u571f\u7684\u516c\u76ca\u793e\u4f1a\u521b\u65b0\u5145\u6ee1\u66f4\u591a\u671f\u5f85\u548c\u60f3\u8c61\uff01<\/p>\n\n\n\n \u2014 Investment for Good participant<\/p>\n<\/blockquote>\n\n\n\n Social Alpha<\/a> creates impact by nurturing start-ups from lab-to-market. An initiative of Tata Trusts<\/a> \u2014 the oldest nonsectarian philanthropic organization in India \u2014 Social Alpha introduced us to an investor model that focuses on finding and supporting high-potential entrepreneurs engaged across a wide variety of industries and issues \u2014 focused on impact first.<\/p>\n\n\n\n Asha Impact team in Delhi<\/p>\n\n\n\n Asha Impact is a leading domestic impact investor, focused on mobilizing domestic capital to fund high-quality for-profit social enterprises that are solving major social problems. Their investees range from building a sustainable value-chain for dry waste collection and recycling, to accessible housing finance companies.<\/p>\n\n\n\n Visit with Pradeep Nair , Regional Director, Ford Foundation<\/p>\n\n\n\n At Ford Foundation\u2019s India office, we met with Pradeep Nair, Country Director for India. Pradeep shared The Ford Foundation\u2019s history of fostering impact investment around the world. We discussed the rise of China and India in a rapidly changing world and considered the role of international foundations in helping the Indian region realize its full potential.<\/p>\n\n\n\n A thoughtful week culminated in the Global Steering Group Impact Summit. PIM participants and staff were invited to attend as delegates in the GSG annual meeting. The summit featured a keynote speech by former U.S. Vice President Al Gore, break-out sessions with impact investing professionals, and the opportunity to meet with leading impact investors from around the world.<\/p>\n\n\n\n Participants and PIM team at the GSG Impact Summit<\/p>\n\n\n\n Until Next Time\u2026 EXPLORING SOCIAL ENTREPRENEURSHIP AND IMPACT INVESTING IN DELHI This October, PIM launched Investment for Good: a first-of its kind program focused on impact investing for modern-day change-makers, set in Delhi\u2019s vibrant social enterprise ecosystem. From workshops with early-stage social enterprises, to discussions with mission-driven investors, and an investment simulation of our own, we took away … Read more<\/a><\/p>\n","protected":false},"author":5,"featured_media":438,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-437","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-recap","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33","no-featured-image-padding","resize-featured-image"],"featured_image_urls":{"full":["https:\/\/editor.pimglobal.org\/wp-content\/uploads\/2023\/07\/India1.jpg",1000,1333,false],"thumbnail":["https:\/\/editor.pimglobal.org\/wp-content\/uploads\/2023\/07\/India1-150x150.jpg",150,150,true],"medium":["https:\/\/editor.pimglobal.org\/wp-content\/uploads\/2023\/07\/India1-225x300.jpg",225,300,true],"medium_large":["https:\/\/editor.pimglobal.org\/wp-content\/uploads\/2023\/07\/India1-768x1024.jpg",768,1024,true],"large":["https:\/\/editor.pimglobal.org\/wp-content\/uploads\/2023\/07\/India1-768x1024.jpg",768,1024,true],"1536x1536":["https:\/\/editor.pimglobal.org\/wp-content\/uploads\/2023\/07\/India1.jpg",1000,1333,false],"2048x2048":["https:\/\/editor.pimglobal.org\/wp-content\/uploads\/2023\/07\/India1.jpg",1000,1333,false]},"post_excerpt_stackable":" EXPLORING SOCIAL ENTREPRENEURSHIP AND IMPACT INVESTING IN DELHI This October, PIM launched Investment for Good: a first-of its kind program focused on impact investing for modern-day change-makers, set in Delhi\u2019s vibrant social enterprise ecosystem. From workshops with early-stage social enterprises, to discussions with mission-driven investors, and an investment simulation of our own, we took away a new set of tools and insights for doing good and doing well. Check out the program highlights by PIM Fellow Shirley Xu! Shirley Xu, PIM Fellow What I learned across the Himalayas How do social enterprises go from serving 1 to 1 million? Can…<\/p>\n","category_list":"Recap<\/a>","author_info":{"name":"Scott Development","url":"https:\/\/editor.pimglobal.org\/author\/sdevbackup1\/"},"comments_num":"0 comments","yoast_head":"\n\n
\n
\n
\n\n\n\n\n
<\/strong>Most of all, I\u2019m grateful to have had the chance to come together with young people from around the world to learn about social innovation, explore social entrepreneurship, and grow together. Thank you to PIM, the local partners who opened up their office doors to us, and to everyone who shared their ideas and innovations with us!<\/p>\n","protected":false},"excerpt":{"rendered":"