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On November 2-3,
the first ten New Ventures finalists were recognized as prime
investment targets at the first New Ventures India Investor Forum in
Mumbai. The companies presented their business plans to investors and
potential partners who operate in the green construction, organic
agriculture, clean energy & other green sectors.
New Ventures
selected these ten finalists based on their business models to produce
eco-friendly goods and services which will offer attractive financial
returns to potential investors. These companies are providing
solutions in the energy, alternative materials, ecotourism, and
agricultural sectors. Out of the ten finalists three were selected as
winners by the distinguished panel of judges.
Potential
investors at the Forum saw new products and services such as
energy-efficient air conditioning systems, rural energy for
entrepreneurial clusters, and bio-diesel. Alternative materials, such
as recycled plastic for fashion accessories, coir used in the building
sector, bio-degradable cutlery, ecotourism and organic agriculture
were also showcased.
Over 200
participants attended the forum to hear the featured finalists and
learn more from panels addressing sustainable investment and business
development in India. Corporate and investment leaders spoke on issues
like sustainability, socially responsible investments, green supply
chain initiatives and entrepreneurial development in India.
The budding
entrepreneurs had an opportunity to listen and even interact with some
of the speakers and panelists like Mr. Jamshyd N Godrej
(Chairman, CII Godrej Green Business Centre), Mr. Somak Ghosh
(YES Bank), Mr. S R Rao(EXIM Bank), Mr. Krish Murali
Eswar (QAI India Ltd.),Mr. S Sivakumar (Times
Private Treaties),Mr. Terry Hart (IT Power India),
Ms. Mandakini Raina(SEAF India), Mr. Nandan Maluste
(Kotak Mahindra), Mr. Tom Wood(Avalon Consulting), Mr.
Sanjay Bhoosreddy(IAS),NEDA, Mr. Param Kannampilly(Kamath
Group of Hotels), Dr. R Balakrishnan (NABARD), Dr V
Chandrasekhar (ISB), Mr. Chandrasekhar Hariharan(Biodiversity
Conservation India Ltd.), Mr. Ajay Kapur(SIDBI Venture
Capital), Mr. Mahesh Murthy (Pinstorm India Ltd.),
Mr. Arun Diaz (Aavishkaar India Microventures Capital Fund) and
others.
Investor Forum was
an endeavor to help all the companies in the New Ventures portfolio to
pitch their ideas effectively to VC’s and investors. The speakers
highlighted the increasing levels of investment in green sectors of
emerging economies as well as the growing importance of small
businesses that form the economic backbone of emerging countries like
India.
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