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Weekly Roundup: Uber, DriveU, Ola and the Greedy Sharing Economy in India
In a typically eventful week in social enterprise, the "social business" buzzword grew more obsolete, and we got a reminder of the many players eager to get their slice of the “sharing economy” - especially in India. Our editors discuss these developments in this roundup.
- Categories
- Investing, Social Enterprise, Technology, Transportation
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Anna Meloto and the Growth of A Social Enterprise
Seven years ago, Dylan Wilk and Anne Meloto-Wilk, daughter of Gawad Kalinga’s Tony Meloto, went to the US to set up a network of volunteers for Gawad Kalinga. During this time, Anna noticed the popularity of organic products penetrating the local supermarkets and thought of replicating this in the Philippines.
- Region
- Asia Pacific
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How Your Company Can Become a Social Innovator
The World Economic Forum’s Global Agenda Council on Social innovation defines social innovation as “the application of innovative, practical, sustainable, market-based approaches to benefit society in general, and low-income or under-served populations in particular." Traditionally associated with social entrepreneurs, this tool is increasingly being adopted by business. This is a trend to be welcomed, supported and replicated as companies – big or small, multinational or national – can contribute to taking the practice of social innovation to a significantly larger scale.
- Categories
- Impact Assessment, Social Enterprise
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A future where ‘social’ is taken for granted
On average, stocks in India have plunged roughly 10 percent since the beginning of the year, but shares of the hospital chain Narayana Hrudayalaya have been trading at more than 10 percent higher than its public offering price.
- Categories
- Health Care
- Region
- South Asia
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Where Ideas for Social Enterprise Take Wing
A graduate from Oxford University, Manas Nanda's dream was to make a social change. He found his way back to his roots by starting 'Harvest Wild', a social enterprise, with an aim to create livelihood opportunities for people living in remote forest areas in India. It was at IIM-Bangalore's incubation cell, NS Raghavan Centre for Entrepreneurial Learning (NSRCEL), where his idea of bubble nut wash was mentored.
- Categories
- Uncategorized
- Region
- South Asia
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Stepping in for Social Enterprises
With nearly a decade and a half of working in the social enterprises space, Paul Basil firmly believes that there is a huge gap in funding for-profit ventures that cater to the bottom of the pyramid. There are funds available at the angel space and then at the Series A stage, when the ventures get their first round of funding from VC firms. But, between the angel and the Series A stage, there is a huge gap.
- Categories
- Investing
- Region
- South Asia
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Necessity Breeds Lifesaving Invention – and a Hub to Launch More Innovation
Dr. Dayo Olakulehin, a young doctor in Lagos, Nigeria, fell asleep while manually ventilating a 5-year-old boy with breathing difficulties. That led him to invent D-Box, a cheap, portable, rechargeable ventilator – and then he helped develop a company to launch the device and other medical innovations in Africa.
- Categories
- Health Care, Social Enterprise
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Social Enterprise Ghana Launches First Industry Group
Social Entrepreneurs Ghana (SE Ghana) is being launched by a number of social entrepreneurs and organizations including Reach for Change, the British Council, Impact Hub, Growth Mosaic, TEDxAccra, mPedigree, TANOE, Street Library, Challenging Heights, Ashesi University, AACT, Nneka Foundation, Farmable, CRESSENT, InnoHuB, phinklife, Kokroko foundation, GEW and Center for Social Innovation.
- Categories
- Uncategorized
- Region
- Sub-Saharan Africa
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