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startup20india
| January, 23, 2023Vineet Rai, Founder and Chairman, Aavishkaar Group joins the Sustainability Task Force as part of G20 India Presidency
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hindubusinessline
| December, 23, 2022The SMART AgTech Integration Facility 2022 Bootcamp facilitates over 400 deals between AgTech Startups and Farmers Collectives in Maharashtra at the KISAN Agri Show, Pune
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PURVANCHAL SURYA
| December, 16, 2022Regional Media Print Coverage of Intellecap and Transform Rural India Foundation’s launch of the Climate Action Platform on 13th Dec with support of Jharkhand State Government
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Ek Sandesh
| December, 16, 2022Regional Media Print Coverage of Intellecap and Transform Rural India Foundation’s launch of the Climate Action Platform on 13th Dec with support of Jharkhand State Government
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Dainik Bhaskar
| December, 16, 2022Regional Media Print Coverage of Intellecap and Transform Rural India Foundation’s launch of the Climate Action Platform on 13th Dec with support of Jharkhand State Government
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News11
| December, 15, 2022TRIF and Intellecap launch Climate Action platform with Jharkhand State Govt. – Extensive Regional Media Coverage
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Krishijagran
| December, 14, 2022Odisha Govt Launches ‘Odisha AgTech Challenge 2022’: A Joint Endeavour of Govt. of Odisha, World Bank, FCDO and Intellecap – Coverage in Krishi Jagran
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Livemint
| November, 25, 2022Shakti Foundation and Intellecap launch Acclimate Fund – Coverage in Mint
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Business India
| November, 17, 2022“Going beyond carbon” coverage in Business India in November Edition
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Vineet Rai, Founder and Chairman, Aavishkaar Group joins the Sustainability Task Force as part of G20 India Presidency
Mumbai, 23rd Jan: Vineet Rai, Founder and Chairman, Aavishkaar Group has joined the sustainability task force as part of the new engagement group StartUp20, initiated under India’s presidency of G20.
The Inception Meeting for #Startup20 marks the beginning of an incredible journey to foster innovation and growth in the global startup ecosystem. At this historic event, we will be introducing the 3 task forces that will drive the vision and mission of Startup20 India
One of the key ways that startups promote a nation’s growth and economic stability is through the aspect of employment creation. Startup20 is a significant step in the direction of encouraging innovation and entrepreneurship on a global scale, which will ultimately result in more job opportunities.
Startup20 Inception Meeting – Hyderabad
Date – 28 – 29 January 2023
To know more – Click Here

How to make a Purpose Driven Startup Ecosystem a Reality
Mumbai, 10th Jan: Listen to the two part special podcast on “How to make a Purpose Driven Startup Ecosystem a Reality” as part of Aawaz.com and Reverie Language Technologies “ Building for Bharat”Season 2.
The two part podcast features Vineet Rai, Founder and Chairman, Aavishkaar Group and Nayan Kalnad, Founder and CEO, Avegen, and host , Arvind Pani, CEO and Co-Founder, Reverie Language Technologies, and highlights the critical factors which will play an integral role in making a thriving startup ecosystem and realizing the dream of an Atmanirbhar Bharat.
In the first podcast, Vineet, Nayan and Arvind discuss the fascinating evolution of the Bharat startup ecosystem and its key challenges, the rising aspirations of a digitally empowered Bharat and delves deep into the potency of digital adoption.
Building for Bharat / Season 2 / To listen to Part 1 – Click Here
In the second podcast, the speakers dispel some myths around the Bharat consumer, dissects the anatomy of a robust and dynamic Bhaart business and discusses the role of entrepreneurs in leveraging the advances in digital to come up with solutions which make a difference, and delivers maximum impact.
Building for Bharat / Season 2 / To listen to Part 2 – Click Here

The SMART AgTech Integration Facility 2022 Bootcamp facilitates over 400 deals between AgTech Startups and Farmers Collectives in Maharashtra at the KISAN Agri Show, Pune
Mumbai 23rd Dec– The SMART AgTech Integration Facility (SAIF), a collaboration between the Government of Maharashtra and the World Bank Group, held a Bootcamp at the KISAN Agri Show in Pune from December 14-18, 2022. The event featured over 35 Disruptive Agriculture Technology (DAT) companies and was attended by more than 200 farmer collectives (CBOs). As a result of the Bootcamp, over 400 agreements were made to introduce digital and technical solutions to the CBOs throughout Maharashtra.
Over 35 Disruptive Agricultural Technologies (DAT) solution providers across India showcased their products to more than 200 farmer collectives (CBOs) at this initiative by Government of Maharashtra and World Bank.
The SMART Agtech Integration Facility 2022, powered by Intellecap, is a project led by the Hon. Balasaheb Thackeray Agribusiness and Rural Transformation (SMART) initiative in rural Maharashtra. The project, which is supported by the World Bank Group and the Korea-World Bank Partnership Fund (KWPF), is focused on supporting the development of inclusive and competitive agriculture value chains and helping smallholder farmers, collectives, and agri-entrepreneurs in Maharashtra. The Complimentary Innovation Investments (CII) sub-component of the SMART project is formulated to promote the adoption of agricultural technology solutions among selected farmer organizations in the state.
The event was organized under the leadership of Hon. Kaustubh Diwegaokar, Project Director of the SMART project, Shri. Dyaneshwar Bote, APD, Shri. Vijay Kolekar, Capacity Building Expert, and Dr. Preeti Sawairam, Technical Officer – Complimentary Innovation Investments (CII) from the SMART project.
During the event, Hon. Kaustubh Diwegaokar, Project Director, SMART emphasized that “the SMART project is committed to establish the SMART AgTech Integration Facility to help farmers and their collectives in Maharashtra access innovative technologies. The Bootcamp is an important step in building partnerships between DAT solution providers and Community-Based Organizations (CBOs) to enable farmers to access more lucrative markets and achieve greater economic returns.”
Rahul Agrawal, Director, Intellecap, commented on the SMART Agtech Integration Facility, stating that “Intellecap is facilitating the SMART project in the operationalization of the facility and has analyzed more than 100 AgTech enterprises for participation in the initiative. This facility is expected to benefit more than 40,000 farmers in Maharashtra. The project aims to assist farmers and their collectives in digitizing the farming operations, improving farming systems through precision farming, leveraging urban markets through improved logistics and linkages, and increasing access to finance. SMART plans to expand the usage of DAT solutions by CBOs across the state and the deals made here will serve as a model for developing a supportive ecosystem”
The KISAN Agri Show is India’s largest agriculture expo, running for more than 29 years, which brings together agri-professionals, policymakers, government officials, media, and like-minded individuals from across India to discuss the future of the Indian agriculture sector and is attended by over 100,000 farmers.
Dr. Dinesh Chauhan, VP, new initiatives at DeHaat, one of the 35 DAT enterprises featured at the Bootcamp, shared that “DeHaat is eagerly looking forward to work with the CBOs under SMART program and the response we received from various CBOs during the recently concluded bootcamp at KISAN 2022 in Pune is very encouraging. We will be extending our digital solutions to CBOs through our various digital applications like Farmer App, Extension App, Business App and will be offering localized crop solutions along with critical agri inputs to these CBOs along with financial products. We will be looking forward from the program to support these CBOs to avail these digital solutions and enable them to become self-sustainable. We will also be connecting these CBOS through our platform to market as well, which will eventually lead to better realization of farm produce.”
Saurabh Sharma, Lead Institutional Business at FASAL added that “through the SMART initiative, FASAL was able to reach a large number of farmers and CBOs. We plan to help these CBOs and its members increase their productivity, quality, and reduce their input costs and losses from various infestations. We are excited to see the interest of the CBOs in our enterprise and the opportunity to meet so many farmers and their collectives under one roof was very advantageous.“

Regional Media Print Coverage of Intellecap and Transform Rural India Foundation’s launch of the Climate Action Platform on 13th Dec with support of Jharkhand State Government

Regional Media Print Coverage of Intellecap and Transform Rural India Foundation’s launch of the Climate Action Platform on 13th Dec with support of Jharkhand State Government

Regional Media Print Coverage of Intellecap and Transform Rural India Foundation’s launch of the Climate Action Platform on 13th Dec with support of Jharkhand State Government

TRIF and Intellecap launch Climate Action platform with Jharkhand State Govt. – Extensive Regional Media Coverage
Mumbai 15th Dec– Transform Rural India Foundation and Intellecap launch Climate Action platform with support of Jharkhand State Government to enable smallholder farmers– Follow the Regional Coverage
Platform will enable smallholder farmers with additional resources and knowledge to undertake climate change mitigation and adaptation activities by leveraging climate and carbon finance
Intellecap and Transform Rural India Foundation (TRIF) announced the launch of a Climate Action Platform with the support of the Jharkhand State Government on the 13th of Dec at Hotel Chanakya, BNR Ranchi.
The platform, launched by Anish Kumar, MD, TRIF and Santosh Kr. Singh, MD – Agri and Climate, Intellecap, will enable smallholder farmers from the state to leverage climate/carbon finance for agriculture and allied sectors and develop their technical skills through a capacity-building program. The platform will provide support and training to smallholder farmers for climate smart agriculture and agro-forestry.
The Climate Action platform was launched during an exclusive workshop, where keynote addresses were made by Senior State Govt. officials, Senior Leaders from Intellecap and TRIF, and attended by the farmer organizations, academic and research organizations, NGOs, Agtechs, financiers, to create awareness about climate-resilient agriculture and the role to be played by the Intellecap-TRIF platform.
Smt. B Rajeshwari, IAS, MGNREGA Commissioner, Rural Development Dept., Dr. Shivendra Kumar, Former President, ICAR RCER, Eastern Zone, Jitendra Kumar Singh, IAS, Industry Dept., Sanjeev Kumar, IFS, Sashi Ranjan, IAS, Deputy Commissioner, Khunti Jharkhand and Koyel Mandal, Chief of Programs, Shakti Sustainable Energy Foundation spoke at the event which also had a panel discussion on the impact of climate change on the smallholder farmers of the state and key interventions to undertake climate change adaptation and mitigation in the agri and forestry sector.
The Group was well represented through Santosh Kr Singh, MD, Intellecap who launched the platform and by Sanchayan Chakraborty, Partner, Aavishkaar Capital who spoke about the importance of Climate Finance.
In the pic- Attendees to the workshop with TRIF, Intellecap leaders and State Govt. Dignitaries
Coverage in News 11
Regional Media Coverage (In Print)
The launch was covered by all the regional dailies namely Dainik Bhaskar, Jharkhand Darshan, Purvanchal Surya, Bihan Bharat, Ek Sandesh, Punch, Jharkhand Ujwala, Naveen Mail, Prabhat Khabar, Rashtriya Khabar, Deshpran to name a few

Odisha Govt Launches ‘Odisha AgTech Challenge 2022’: A Joint Endeavour of Govt. of Odisha, World Bank, FCDO and Intellecap – Coverage in Krishi Jagran
Mumbai 14th Dec– The Government of Odisha, with funding from the World Bank and the Foreign, Commonwealth & Development Office of UK, has launched the ‘Odisha AgTech Challenge 2022’ at the 3rd Make in Odisha Conclave 2022. The Challenge was enabled by Intellecap.
The agricultural sector in Odisha engages ~60% of the total workforce and accounts for ~18% of Gross State Domestic Product (GSDP). While there has been a positive trend in farmers’ income in the state, this is a pivotal opportunity to leverage technology to bolster this trend further.
The challenge aims to solve critical issues in key agriculture value chains and increase farmer profitability in Odisha. The challenge was launched under the guidance of Pradeep Kumar Jena, IAS, Agriculture Production Commissioner -cum- Additional Chief Secretary, Arabinda K Padhee, Principal Secretary, DA&FE, Asit Tripathy, IAS (Retd.), Principal Advisor to Chief Minister, Prem Chandra Chaudhary, IAS, Director of Agriculture & Food Production, Sanjeev Kumar Chadha, IFS, Special Secretary, Dept. of Agriculture & Farmers Empowerment, and Rohit Kumar Lenka, IFS, Director of Horticulture, Govt of Odisha. GDi Partners and Intellecap, a global impact advisory firm, is supporting the execution of the challenge.
This Challenge is presently seeking applications from AgTech Enterprises that are working in key agriculture value chains to test or scale their product through a pilot project in the state, as well as providing farmers with access to affordable, modern-age solutions to the challenges they face. Selected AgTech Enterprises will receive financial support through grants to scale-up their operations, as well as outreach, incubation and mentorship support, and on-ground network support to conduct pilots in Odisha.
The Odisha AgTech Challenge is part of the ‘Modernizing Agriculture and Allied Sector’ or MAAS-O programme, where GDi Partners along with the World Bank are leading the creation of a strategy for the State Government to align with the “One Nation, One Market” initiative of the Union Government, for enhancing state capacity, improving coordination among the various departments working for farmers’ welfare and leveraging innovative agriculture technologies to fast-track an increase in farmers’ income.
Speaking at the launch, Arabinda K Padhee, Principal Secretary, DA&FE said, “The Government of Odisha is committed to catalyzing an increase in farmer incomes across the state by partnering with the private sector in Odisha to improve the efficiency of agricultural supply chains, financing facilities and marketing. We are excited to launch the Odisha AgTech Challenge 2022 to promote innovation & technology while improving state-wide agricultural productivity and efficiency”.
The agricultural sector in Odisha engages ~60% of the total workforce and accounts for ~18% of Gross State Domestic Product (GSDP). While there has been a positive trend in farmers’ income in the state, this is a pivotal opportunity to leverage technology to bolster this trend further. The Challenge, led by the Department of Agriculture and Farmers’ Empowerment (DA&FE), has partnered with the Department of Fisheries and Animal Resources Development (F&ARD), the Odisha Millets Mission and Startup Odisha to further this initiative.
Dr. Oliver Braedt, Practice Manager, Agriculture and Food Global Practice (South Asia) for the World Bank, said, “The Odisha AgTech Challenge addresses a critical challenge of harnessing the innovation and dynamism happening in the digital agriculture space to improve outcomes for farmers in Odisha through supporting selected Enterprises to conduct pilot projects. This Challenge has the potential to demonstrate innovative solutions that can be scaled up across the country.”
The Odisha AgTech Challenge 2022 is seeking applications across 6 themes: Market Linkage Solutions, Satellite-based Services, Crop Advisory, Access to Agriculture Inputs and Fodder, Access to Finance, and Post-Harvest Processing and Storage. AgTech Enterprises with a specific focus on agriculture, especially millets, fisheries, animal husbandry, and horticulture, are welcome to apply.
According to Pravanjan Mohapatra, AVP at Intellecap, “The Odisha AgTech Challenge is a novel way for AgTech Enterprises to test and validate their minimum viable product in a supportive ecosystem, the underlying impact and knowledge of which will be very significant for the agriculture sector in Odisha as well as for the whole country. We are excited to work with the Govt. of Odisha, the World Bank and other key partners in finding Enterprises who will be joining us in this journey to help transform Odisha through their innovative solutions, which in turn will enable farmers, address critical challenges across the value chain, and improve agricultural productivity”.

Shakti Foundation and Intellecap launch Acclimate Fund – Coverage in Mint
Mumbai 28th Nov– Shakti Sustainable Energy Foundation (Shakti) on Friday announced the launch of the Acclimate Challenge Fund, in collaboration with Intellecap Advisory Solutions. The objective of the fund is to strengthen and help accelerate the work of civil society organizations (CSOs) committed to climate action in India.
The objective of the fund is to strengthen and help accelerate the work of civil society organizations committed to climate action in India.
The fund aims to provide capacity building opportunities in areas that include electric mobility, green hydrogen, sustainable transport, industries, cooling, net-zero buildings (Bloomberg)
CSOs stand at the core of the fight against climate change by tackling the climate crisis in India on various fronts. Recognising CSOs as a dynamic source of strategic and innovative climate action, Shakti and the ACCLIMATE Challenge Fund aims to provide capacity building opportunities in areas that include electric mobility, green hydrogen, sustainable transport, industries, cooling, net-zero buildings, agriculture, coastal ecosystems, and climate finance, using a cross-sectoral approach. It will seek to facilitate general operating support and bespoke capacity building and mentorship for shortlisted organizations for a duration of 2 years.
The Challenge Fund aims to stimulate tailored responses to local context-specific problems by tapping into local knowledge and creative capacity which is often the forte of CSOs who are deeply immersed in the context. The fund will engage and channel additional resources into organizations to initiate, implement and evaluate activities in a specialized field of climate mitigation. In many cases, such support has a significant impact on the effectiveness of these organizations in fulfilling their missions.
ACCLIMATE seeks to engage with:
1) CSOs with an exclusive focus on climate action who want to expand into new sectors.
2) CSOs working in areas such as economic research, industrial competitiveness, rural development, urban planning, poverty alleviation, education, etc. who are looking to expand their work by building capacity on climate action.
The first phase of the Challenge Fund aims to build technical capacities of CSOs to work on climate change mitigation across two thematic areas of intervention -Policy Research and Analysis and Strategic Communications.
Speaking about the launch, Dr. Anshu Bharadwaj, CEO, Shakti Foundation, said, “Fighting climate change needs the contribution of all critical stakeholders, especially civil society organizations who are at the forefront of implementing solutions at the last mile. Through the ACCLIMATE fund, we would like to leverage and maximize the impact of the work done by these organizations by building their technical capabilities in the climate change space. We anticipate that these grants will help them to strengthen their operations and enhance their impact. Shakti would like to create a network of capable partners to build high quality evidence at the grassroots level, and make climate change an important priority at the local and state government levels. This will help us to design and build contextualized implementation strategies based on local knowledge and expertise.”
Vikas Bali, CEO, Intellecap said about the Fund, “Intellecap’s uniqueness lies in its ability to traverse both the realms of civil society and business with equal ease. Through the ACCLIMATE Fund, Shakti and Intellecap will seek to build meaningful partnerships with CSOs, who are many-a-times the implementers of solutions. We are glad to partner with Shakti, one of our closest compatriots towards our journey towards a sustainable future for the global south.”
As part of its mission to to facilitate India’s transition to a cleaner energy Shakti, through the Challenge Fund, aims to stimulate tailored responses to local context-specific problems by tapping into local knowledge and creative capacity by engaging and channelling additional resources to initiate, implement and evaluate activities in a specialized field of the climate mitigation.
The Challenge Fund invites CSOs to develop innovative and pathbreaking solutions centred around the two thematic areas of policy and research, and strategic communication mentioned above and submit their applications here.
The applications for the fund are open for organizations across India. The last date to submit applications is 15th December, 2022.
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