The Dharavi Dream Project Wins the TSS Women Social Entrepreneur of the Year Award at the TiE Sustainability Summit

Asia’s largest school of hip-hop was bestowed with this distinguished honour for creating tangible socio-economic impact and solving problems defined by the UN’s SDGs

The Dharavi Dream Project (TDDP) has won the prestigious TSS Women Social Entrepreneur of the Year Award. The award was presented to co-founder Dolly Rateshwar at the 2021 TiE Sustainability Summit, a venture by TiE Global — the largest non-profit organisation devoted to enabling entrepreneurship in the sustainability ecosystem. Under Rateshwar’s innovative leadership, TDDP has evolved from a small room of 5 students to a bustling hip-hop school (the largest in Asia) of 133 artists in Dharavi, Mumbai. The institute scaled operations even further in the wake of the COVID-19 pandemic, solidifying its presence in 6 countries virtually (India, Bangladesh, Pakistan, Nepal, Dubai and Canada), while also taking all its classes online. Since then, 847 students from around the world have attended the lessons in session at TDDP’s virtual school. This number only keeps growing.

Says Dolly Rateshwar, “Entrepreneurship is the epitome of vulnerability and courage; Dharavi, as a place, personifies both. The TSS Social Enterprise Awards recognise businesses that focus on social impact by creating a tangible change in society and communities, as well as those that set an example by leading from the frontlines — social entrepreneurs who’ve leveraged their business processes, innovation and technology to solve problems defined in the UN’s sustainable development goals (SDGs). I’m grateful TDDP was awarded under this category as managing and growing an organisation in Dharavi is no mean feat. You can expect to deal with many unplanned physical and emotional challenges here where daily life is defined by varied human struggles. The TSS Women Social Entrepreneur of the Year Award is hence special for each one of us at TDDP as it validates years of hard work, resource-building and resilience.”

Rateshwar, the co-founder of TDDP, was bestowed with this distinguished honour on October 6th. At the TiE Sustainability Summit, Rateshwar spoke of the linguistic diversity of Indian hip-hop that’s particularly reflected at TDDP, alongside the resilience and grit of the artists sparking a revolution in the country. She also shared at length about her experience at the MIT media lab; how there she spearheaded the discovery of young innovators and here, the discovery of young talent. The former MIT, Google, LinkedIn, Deloitte and Tesseract alumnus received the honour on behalf of TDDP in the presence of 25,000+ global entrepreneurs from 50+ countries and other dignitaries including global policymakers and government representatives.

Adds Dolly Rateshwar, 

“I would like to dedicate this award to TDDP’s co-founder, Samir Bangara’s, memory. His vision for TDDP has come full circle and we hope to continue to build on the visionary blueprint he laid down. I would also like to dedicate this award to MC Heam. He’s been a lighthouse of strength and guidance to all TDDP, especially for each talent. He’s taught us all so much without expecting a single penny in return. Needless to say, each and everyone involved to date — be it behind the scenes or on the frontlines — has our immense gratitude for their contribution to TDDP. Universal Music Group has also been one of the strongest pillars at TDDP, particularly Devraj Sanyal, who has been a rock to the team and empowered every artist at the school. Each talent of ours is a testimony to the collective spirit and grit of Dharavi; they’re changemakers in their own right who’re revolutionising the ongoing history of hip-hop! Thank you for supporting us.”

Since its inception in 2013, TDDP has rendered 50+ live showcases, including performances at prestigious platforms such as Rolling Stone India and Qyuki’s Haq Se Hindustan concert, the MAMI film festival, the Ziro Festival, the YouTube Music Launch and many more. 50% of these gigs were paid as TDDP also aims at enabling a sustainable future for their talent. A school for under-resourced hip-hop artists, TDDP is often touted as constituting the future of Indian hip-hop. The students of TDDP continue to carve their mark in India’s diverse hip-hop scene — an expansive space that sees artists from all walks of life put their truth to words, throwing open the gates to a once elusive music landscape — with landmark releases such as the COVID-19 anthem “Kar Dikhaya!” and the 2020 version of “One Love,” Bob Marley’s iconic song that was reimagined by the Marley family, featuring TDDP, in support of UNICEF’s response to the pandemic. Empowered by the TSS Women Social Entrepreneur of the Year Award, TDDP will continue to nurture and support a sustainable and historic Indian hip-hop landscape.

Nice Foundation Bags TSS Social Enterprise Award for Saving Lives

The unique initiative “Not Well, Come to School!”it rolled out made its way to the 11th Five Year Plan and was accepted by the ILO countries of the world

Hyderabad, October 07, 2021... NICE Foundation, a two decades old Hyderabad based trust that has been serving society in the areas of Maternal, Newborn & Child care gets global recognition. It has been chosen by just concluded TiE Sustainability Summit, the world's largest summit in sustainable space and bestowed it with the TSS Social Enterprise award for saving lives for so many years.

It has impacted 42,000 Lives through direct primary health care delivery. Around 2,75,000 children have been covered by providing care through Preventive care. The novel initiative “Not Well, Come to School!” it rolled out helped perform more than 120 Cardiac surgeries and around 470 other surgeries.

All that it costs is 50 paisa per day per child to cover from common cold to cardiac surgery says the foundation. This program has made its way to the Eleventh Five Year Plan to be replicated in the country and also been accepted for the ILO countries of the world, informs the Nice Foundation.

NICE Foundation has received Philanthropic support to more than 200 crores to date.

“The mission of the organization is “Saving Lives” and we have been doing so through designing and implementing practical solutions to need-based issues in various regions of Telangana, Andhra Pradesh, Rajasthan & Madhya Pradesh, informed Dr. Padmanabh Reddy, CEO, Nice Foundation. He further said, “This award is a reward for excellence, which we will cherish”.

Nice Foundation has been shortlisted out of 30,000 social enterprises from about 64 countries registered for the summit.

One of the key focus area is solving a critical social problem – Maternal mortality rate (MMR) and infant mortality rate (IMR) through an innovative midwife-led program since 2004 in remote, hard to reach terrains to save precious lives of mother/child”, said Dr. Padmanabh Reddy, CEO, Nice Foundation. He further added, “We are delighted to have chosen as the TSS Emerging Social Enterprise of the Year Award. We are both honored and humbled and this recognition will go a long way in motivating our teams at the roots to work harder.

Our interventions have also led to a significant reduction of neonatal deaths to 25%.

Effective Intervention, London has been partnering with NICE Foundation since 2008 and has invested almost 28 crores into Maternal and Newborn projects. They are continuing to support the project with around 20 crores for a similar intervention in other regions of India. This program has the technical support of the London School of Hygiene & Tropical Medicine, London he/she added.

Mr.Suresh Raju, Co-Chair, TiE Sustainability Summit and Vice President, TiE, Hyderabad said, "We congratulate Nice Foundation and look forward to their continued good-work in impacting the society through innovative strategies."

TiE Sustainability Summit Concludes with the Presentation of the TSS Social Enterprises Awards

The three-day TiE Sustainability Summit (TSS) 2021 concluded on Wednesday night

It concluded with the presentation of the TSS Social Enterprise Awards. 115 social enterprises were recognized and felicitated. 22% of the award winners were women entrepreneurs.

The award winners include Jayashree Industries founded by Padman of India, Arunachalam Muruganantham, who has built world’s first low-cost machine to produce sanitary pads, Dharavi Market, iKure, Gen Robotics, Marut Drones, Drona Maps, Aunt Flow (USA), Naandi, NICE, Civics Unplugged (USA), Carbonlites, Bharat Rohan, Bamboo House, Sukarma, Vise Organics etc.

 
The TSS Social Enterprise awards were aimed at recognizing social enterprises worldwide that are focusing on creating a tangible impact on society, communities, as well as setting an example by leading from the front. The social entrepreneurs who use their business processes, innovation, technology to solve problems defined in sustainable development goals (SDGs) defined by the United Nations including affordable and clean energy, agriculture, clean water and sanitation, climate change, education, healthcare, life on land, life underwater, livelihoods, poverty among others.

The criteria for selecting the award winners, according to Mr Kali Prasad Gadiraju, Past President of TiE Hyderabad was Current and Future Social Impact; Demonstration of Leadership, Alignment with SDG, Leadership Potential; Fundability, current funding; Vision and Growth so far; Revenue model and its long term sustainability; Value proposition, Differentiation and Intellectual Property etc.

These 115 were selected out of 30,000 social enterprises registered for the Summit. They were shortlisted in five different phases.

Awards were announced in five categories: TSS Social Enterprise of the year; TSS Transformational Social Enterprise of the year; TSS Innovative Social Enterprise of the Year; Emerging Social Enterprise of the year and TSS Women Social Entrepreneur of the year.

A certificate and a trophy will be door delivered to all award winners.

TiE Hyderabad is also planning to publish a small coffee table book highlighting the award-winning social enterprises and their journey. These coffee table books will be distributed to aligned partners, thus we will put them in front of the right partners, announced Mr Manohar Reddy at the concluding function.

The summit was included on a positive note. It was the world's largest event in the Sustainability space has saw 40,000 social enterprises, startups and entrepreneurs attending from 64 countries. 30,000 out of 40,000 registered were social enterprises. It was a record and distinction, no one can boast of anywhere in the world.

In the words of Mr Gautam Adani, in his keynote address, "it is the largest entrepreneurship conference, and the largest ever gathering of social enterprises in the world. This is indeed the greatest platform for entrepreneurs"

The theme was aptly coined, ....where entrepreneurship meets sustainability. It had six tracks, 65 sessions, 225 speakers. 200 investors participated.

It was organised by TiE Hyderabad. The theme of the Summit is "where entrepreneurs meet sustainability.

H.E. Dr. Claudio Ansorena, Ambassador, Republic of Costa Rica; Mrs RonyYedidiaClein, Deputy Chief of Mission of Israel; Ms VeredMivtzari, EM Director, Startup Nation Central (SNC), Israel; Shri Jayesh Ranjan, IAS, Principal Secretary of Industries & Commerce (I&C) and IT, Govt of TS graced the summit. Shri Gautam Adani, Chairman, Adani Group addressed virtually. Ms Nikki Haley, Former US Ambassador to the UN give a video address

TiE Hyderabad and TiE Israel and Start-up National Central from Israel have entered an MoU for cooperation, collaboration and exchange on Agriculture, Water and other related sectors.

TiE, Hyderabad will be rolling out a $200 Mn to $300 Mn Social Impact Fund

TiE announced a rural innovators initiative. It is an initiative to nurture and to give a fillip to Rural Innovators and their Innovations. They have also announced Rs. 15 crore grant money to support the initiative. A significant amount of this fund is already tied up, Mr Suresh Raju and Mr. Kaliprasad announced. These funds will be deployed in rural areas, they added.

The TiE is always ahead of its time. We always work at a gross root level to make that much-desired impact. Towards this direction, the Rural Innovators program will go a long way, said Mr Manohar Reddy, President of TiE Hyderabad.

Mr Suresh Raju, Vice President of TiE Hyderabad announced that TiE Hyderabad will be hosting the "TiE Global Summit" next year in December.

The Man Who Inspired a Menstrual Pad Man Movie Dr Arunachalam Muruganatham to Launch 100% Bio-degradable, Low-cost Sanitary Pads Very Soon

 

The trials met with 98% of success and the products will be rolled out soon

Nearly 1200 crore Sanitary Pads are being discarded each year, and they take 500 to 800 years to decompose

90% of women in India are not using sanitary pads: Dr Arunachalam Muruganatham,

We have impacted 1,10,000 plus rural women who got direct employment: Dr.Arunachalam Muruganatham.

45 million women shifted from unhygienic methods to hygiene sanitary pads using the method: Dr.Arunachalam Muruganatham.

Our dream is to make India a 100% sanitary napkin using a country from the current level of less than 10%. : Dr.Arunachalam Muruganatham

I dont want to become 'Unicorn', all know is 'Sweet Corn".

The Indian sanitary pad revolutionary, Dr.Arunachalam Muruganatham, who is known to the world as the Pad Man plans to launch 100% biodegradable sanitary pads very soon. Revealing this while addressing the virtual gathering of TiE Sustainability Global Summit he revealed that the trial was on and he could meet up with 98% success and need some time before the final product hits the market.

TiE Sustainability Summit is the world's largest summit on sustainability space and is being attended by over 40,000 social enterprises, startups and entrepreneurs from 54 countries. It is hosted by TiE Hyderabad.

Replying to Mr Bhanu Prakash, the moderator if had any plans on coming with bio-degradable pads, as the nearly 12 billion(1200 crore) sanitary pads are discarded each year and they take 500 to 800 years to degrade, he said, I am aware of the problem. According to Menstrual Health Alliance India, one sanitary pad could take 500 to 800 years to decompose as the plastic used is non-biodegradable and can lead to health and environmental hazards

It is the philosophy ingrained in my system that anything we produce has to be with natural material and it must be naturally friendly. And we are happy that we are about to hit the market with the most environmentally friendly, low-cost sanitary napkins.

There are almost 60 unicorns( a term used to describe a startup with a value of over $1 billion) in the social entrepreneur space. Do you have any plans to become one, asked moderator Bhanu Prakash? "I don't want to become a Unicorn. All I know is sweet corn(a variety of maize). I asked my daughter what Unicorn is. She told me it is another sweet corn. What is the use of becoming a unicorn without creating any social impact? I never dreamt of any such things. I saw many create wealth, become a unicorn and then they become philanthropists. Instead, I want to travel such a journey, each step of my journey leaving a long-lasting footprint that guards Mother Nature. I am not in a hurry. We don't retail our products. We detail our product. Business is not about winning. It is a journey. I always dream of how I can create a social impact. When I do it that will be my 'corn', whether it is the unicorn or whatever the nomenclature you give he said.

There are SUVs( Sports Utility Vehicle, a car classification) and Locomotives(a powered railway vehicle used for pulling trains). I want to be a locomotive that carries the huge load with SUVs speed so that I reach out to more rural people, he said.

Being small you can do big things, he said. Big companies can do big things. My story is just that being small and having a great social impact. And Being small you can be a driver of change and you can make a big positive impact on society..... and this is called "Social Enterprise", he said. I have a social problem with a successful livelihood. 90% of women in India are not using sanitary pads. I have done this through trial and error. In due course, I have lost my respect. I was considered a mad man. My wife threw divorce papers on my face. But, I always kept the end in mind. And now I have got all that I have lost. I am a happy man. I can't call it a success. It is a journey, he said.

What do you need to be a driver of change? He asked and said, you don't need anything. You need just a PROBLEM. My dream was to be a solution to a problem. And needed innovation to be a driver of change. I have set up 5300 low-cost sanitary pad making machines all over India and 27 other countries. My story matched for all----Frugal designing, successful disruptive designing; successful rural marketing; successful social entrepreneur; a model for "Blue Ocean Strategy"; an innovative out of the box management practice and frugal way of overcoming competition. I have created a measurable social impact. Out of it 1,10,000 plus rural women got direct employment or livelihood created. Because of our efforts, more than 45 million women shifted from unhygienic methods to hygiene sanitary pads using the method. The change we wanted to make was to create a million rural employment opportunities for poor women. Making India a 100% sanitary napkin country from the current level of less than 10% is our dream. Our design is very well matched for over 106 developing nations so if we change what we can do in India, we can also do the all over the world, he concluded his talk.

Climate Change: Meghalaya Planning 'Climate Change' Museum and A Subject in Schools; Exploring Pineapple for Vegan Leather

Pandemic is nothing, but climate change is going to be devastating: Mr. James Sangma Cabinet Minister for Forest & Environment and Power, Meghalaya

Meghalaya is planning to set up a Museum on Climate Change to sensitize people, exploring pineapple for vegan leather and also is building a consensus to introduce climate change as a subject in the school curriculum: James Sangma.

India has potential in the Food and Agri sector what it had in IT: Mr Manoj Kumar, Co-founder of Araku Coffee

Pandemic is nothing, but climate change is going to be devastating, said James Sangma, Cabinet Minister for Forest & Environment and Power, Meghalaya while delivering a keynote address virtually on Monday night on day one of the TiE Sustainability Summit 2021, on being organised by TiE Hyderabad.

76% of our land is forested. It is one of the top 5 states for BioDiversity. We have a unique forest economy. We want to be a silicon valley for green-based products. Forests are the best carbon removal investments and reforestation strategies and improving forest management together have a large potential to remove CO2 from the atmosphere, he said.

Meghalaya is one of the major pineapple producing states in India. It contributes 8% of the total pineapple produced in India. Pineapple is the most important fruit crop of the state. We are working on PineApple for Vegan leather. We are also building a consensus to introduce climate change as a subject in the school curriculum to sensitise children. A climate change museum is also around the corner. We hope to inspire action on the climate crisis through this museum. Climate change is a defining challenge of our times. We must rise to fight it together, Mr James Sangama said.

James Sangma - Cabinet Minister for Forest, Environment & Power, Meghalaya

The Climate Museum is creating a culture for action on climate, inviting people from all walks of life into the conversation and building community around just solutions. Most people in the US are worried about the climate crisis but silent and inactive. Building on the popularity and trust held by museums, we bring people together to learn about solutions and join the fight for a brighter future, providing multiple pathways into civic engagement.

India has potential in the Food and Agri sector which it had in IT, Mr Manoj Kumar, Co-founder of Araku Coffee said. He was in conversation with

Mr Suresh Raju, Partner, Jupiter Alternative Investment Fund on "Showcase: "Araku Coffee from Tribal India to Paris" at one of the sessions later on Monday night.

Araku Coffee has a store in Paris in Paris’ Le Marais district and another was recently opened in India in Bangalore. The globally recognised coffee brand known for its farmer-friendly and sustainable practices thus had a lot of interest from the participants.

 

Suresh Raju in conversation with Manoj Kumar, Co-founder of Araku Coffee

Araku, a remote valley in Andhra Pradesh, achieved global recognition, with its award-winning coffee. Coffee is now available in many countries. It also has a store in Bangalore.

It is a 22-year-old journey. Today the tribals are lakhpatis. Their average earnings are 3 to 4 times more of the national average, he said. And added that the tribals in the eastern ghats found their niche.

Though Naxal infected, very harsh living conditions where giving birth to a child is almost considered as dieing. The Britishers raised coffee there in the 19th century. The 2,000sqkm valley with iron-rich soil was producing some of the finest crimson coffee cherries, handpicked by Adivasi farmers. I saw huge potential in them but I had to address them first on Health, Education and livelihood, he said.

I saw a 2,000sqkm valley with iron-rich soil producing some of the finest crimson coffee cherries, handpicked by Adivasi farmers. It was an 8 years-long project. We formed them into groups and subsequently into the cooperative which is now the world's largest organic coffee cooperative.

We restored close to lakh hectares of forest through this venture. We are now replicating this model in Himachal Pradesh to grow fruits, in UP, Vidarbha and helping Kerala and Orissa and fight climate change.

The World’s Largest Sustainability Summit, TSS - 2021 Begins

The TiE Hyd team behind TiE Sustainability Summit

• Over the next decade, Adani Group will invest over 20 billion dollars in renewable energy generation. Our overall organic and inorganic investments across the entire green energy value chain will range between 50 and 70 billion dollars: Gautam Adani, Chairman, Adani Group
• Gautami Adani told TiE to take the responsibility to trigger a movement to bring together an ecosystem of entrepreneurs and investors to build equitable solutions for a sustainable world.
• Telangana wishes to explore Oil Farm Cultivation in partnership with Costa Rica: MrJayesh Ranjan
• In 7 years since Telangana formed, the state has demonstrated in umpteen domains how sustainability can be achieved: Jayesh Ranjan
• TiE announced the Adani TSS Social Enterprise Awards which will be presented to social enterprises every year on the last day of the summit
• TiE also announced an initiative to give a fillip to Rural Innovations; they have also announced Rs 15crore grant money

The world’s largest Sustainability Summit, ‘TiE Sustainability Summit 2021(TSS- 2021) begins today. Though it is a virtual summit, the inauguration of the event was held in person at HICC on Monday 4th October, 2021 morning. The rest of the sessions will be held virtually until 6th October, 2021.

As of the inaugural time it had received a record number of 40,000 registrations from social enterprises across 55 countries and 5 continents. It is being hosted by TiE Hyderabad, the most recognized chapter worldwide.

Over the three days, it will feature 225 speakers, 65 sessions over six tracks and 200 investors. With these magic numbers, it makes it the largest ever TiE event, the largest entrepreneurship conference, and the largest ever gathering of social enterprises in the world. This is indeed the greatest platform for entrepreneurs. It is the platform where entrepreneurs meet sustainability.

TiE Hyd and TiE Israel seen signing a MoU.

 

H.E. Dr. Claudio Ansorena, Ambassador, Republic of Costa Rica; Mrs. RonyYedidiaClein, Deputy Chief of Mission of Israel; Ms. VeredMivtzari, EM Director, Startup Nation Central (SNC), Israel; Shri Jayesh Ranjan, IAS, Principal Secretary of Industries & Commerce (I&C) and IT, Govt of TS graced as chief guests. Shri Gautam Adani, Chairman, Adani Group addressed virtually. Ms. Nikki Haley, Former US Ambassador to the UN give a video address

Mr. Manohar Reddy, Chair - TSS 2021, and President TiE Hyderabad and CEO FeujiInc; Mr. Mahavir Sharma, Past Chair (2020), TiE Global and Co-Founder, Rajasthan Angels; Mr. Suresh Raju, Conference Co-Chair TSS2021, VP - TiE Hyd, MD Golden Hills Capital welcomed the gathering.

Suresh Raju, Mahavir Sharma, Manohar Reddy, Jayesh Ranjan, Anat, Rony Yedidia Clein, Claudio Ansorena seen at the inauguration of TiE Sustainability Summit 2021

 

Addressing the gathering Mr. Jayesh Ranjan said, the Telangana state, just being 7 years old, demonstrated in umpteen domains how sustainability can be achieved. He has listed out various measures and initiatives taken up by the state since its formation. From the days of drought prone to neglected agriculture to outbound migrations to depleting forests, diminishing groundwater levels, power holidays, the state has been doing very well on many fronts that is because of a clear vision of sustainable Telangana.

The official highlighted the government’s ambitious programs such as haritha haram in greening the state and Mission Kakatiya reviving 47000 lakes in the state. He also highlighted Telangana’s performance in the generation of renewable sources of energy, electric mobility by introducing a clear cut policy etc. All these decisions were made at foundation levels keeping principles of sustainability in mind. The state is futuristic in environmental management. That is the reason why the state could attract whose-is-who of the world to invest in the state.

Manohar Reddy, Mahavir Sharma, Suresh Raju, Rony Yedidia Clein, Claudio Ansorena, Anat, Jayesh Ranjan, Gautam Adani, Nikki Haley,

 
Speaking further Mr. Jayesh added that Costa Rica and Israel, the partner countries of TiE Sustainability Summit, exemplified the best of Sustainable living. Costa Rica is the best in global environmental standards. Telangana state would like to explore oil farm cultivation in partnership with Costa Rica. We wish to emulate them, he said.

Giving his grand keynote address, Mr.Gautam Adani Chairman, Adani Group said there is no vaccine for climate change. At least, pandemics like Covid 19 can be countered by vaccines. The Director-General of the World Health Organization summarized it well when he said there is no vaccine for climate change! The annual rate of increase in atmospheric CO2 emissions since 1970 is up almost 100 times. The search for sustainable solutions starts with admitting that the current situation is unsustainable, Mr. Gautam Adani said.

Therefore, the task before us is not just to find solutions to climate change, also to ensure — through science, policy, and technological development — that the principles of equitability are not ignored. Solutions should allow us to bridge the tradeoffs between economic, social, privacy, and environmental policies. A CO2 molecule released in the east is just as damaging to the west. A CO2 molecule released by the poor is just as damaging to the rich. A CO2 molecule released by the already-born is just as damaging to the soon-to-be-born.

As an entrepreneur, I stay optimistic. I believe that the Covid 19 pandemic has forced us to find the will to kickstart a massive ESG-driven economic transformation. I am also confident that the most viable climate change solutions will be digital, and technology-driven — supported by policies that help accelerate adoption. My optimism comes from the realization that the impact of the pandemic would have been far more terrible had the digital technologies of today been absent. This should be an indication of the opportunity before us, Mr. Gautam Adani said.

I also believe, Mr. Adani added, that this convergence of sustainability and digitization will establish new disruptive business models that will create the next set of unicorns. This is where organizations like TiE become essential — they enable collaboration across entrepreneurs and investors who see opportunities wherever intersections and friction exist. And the only way we can reduce the friction that sustainability generates in today’s businesses is through the intersection with technology.

Speaking about India, Mr. Gautam Adani said, last year when I spoke here, I had said that over the next three decades India will become a 28 trillion dollar economy. It is now expected that by 2050, India’s per capita income will expand from about one-thirtieth of that of the United States to one-third of the latter’s per capita income. That is an astonishing rise.

Also, in 2050, the median age of 1.6 billion Indians will still be just 38 years. The world will never again see a middle class as large as the one India will have - and that at such a peak consuming age. In addition, the digital acceleration in India is just beginning and will create a tailwind not yet factored into the assumed 8% nominal growth rate. I fundamentally believe the Indian economy is still to hit its inflexion point of decades of double-digit growth. Therefore, I now think I may have understated my 2050 GDP projection of $28 trillion. Also, given the sheer growth in end consumption rates, I expect India to become the world’s top target destination for an immense quantum of FDI over this period, making the tailwind even stronger.

Let me discuss the specific opportunities around sustainability and drill down to where I see the biggest near-term possibility, Mr. Gautam Adani said. At the upcoming COP 26 summit in Glasgow in November, the world’s most powerful countries will lay the foundation for a series of global policy changes. I believe these will be transformational and will accelerate the economic opportunities arising out of the global effort to combat climate change. As technologies evolve rapidly, these opportunities will equate to trillions of dollars of investments he said.

These will include next-generation high-efficiency solar panels, low carbon materials that make the largest offshore wind turbines affordable, mainstreaming of carbon capture technologies, various fit-for-purpose battery technologies, algorithm-driven smarter and distributed grids, electric mobility, and hydrogen-related technologies.

Of all these technologies, today, solar is the fastest-growing source of power. Over the past decade, the price of solar panels has dropped by 90% and possibly over the next decade we will see price drops of the same magnitude as panels become even more efficient and new materials come into play. The fact is that the marginal cost of solar power is moving towards “zero” and this is both transformative and disruptive.

However, as always, it is the “combination” or “intersection” of technologies that create disruptive business models. The combination which I believe is a game-changing model for sustainability is that of solar generation and hydrogen production! It is fascinating that a pHoton can travel 90 million miles in 9 minutes to hit a piece of silicon on Earth. This in turn generates an electron to split an H2O molecule leading to the release of a proton — or what we call a Hydrogen atom — and now seen as the ultimate source of dense green energy. Our Earth receives enough photons every hour to meet our global energy needs for an entire year.

The ability of this almost “zero” cost electron to economically split an H2O molecule and create 100% green hydrogen in the future is a near certainty. Hydrogen is the trigger for the smarter use of other renewables by becoming the long-term transport and distributed storage solution for electricity. It is the key link in the energy transition journey that, along with wind and solar, will stabilize decentralized power generation. For India, decentralized power generation is a massive game-changer — especially for the rural population.

While these scenarios emerge, the Adani Group is not sitting still. We are tripling our solar power generation capacity over the next four years. This is a rate of growth currently unmatched by any other company anywhere on the planet. Our Renewables Portfolio has reached the initial target of 25GW a full four years ahead of schedule. Today, we are already the world’s largest solar power player. This puts us well on track to be the world’s largest renewable power generating company by 2030.

Also, over the next decade, we will invest over 20 billion dollars in renewable energy generation. Our overall organic and inorganic investments across the entire green energy value chain will range between 50 and 70 billion dollars. This will include investments with potential partners for electrolyzer manufacturing, backward integrations to secure the supply chain for our solar and wind generation businesses, and AI-based industrial cloud platforms.

We are confident that our integrated value chain, our scale, and our experience puts us on the road to be the producer of the least expensive green electron anywhere in the world. This advantage opens several new pathways for us including setting us up to be one of the largest green hydrogen producers in the world, thereby opening up additional possibilities to be a partner of choice for several other industrial businesses.

To wrap up his keynote he gave a message. A few research studies indicate that the Indus Valley civilization underwent a period of climate change about 4,000 years ago. The outcome then appears to be uncertain. However, today, we are aware of the effects of climate change and hence the outcome should not be uncertain. What we need is the will — and who better than “The Indus Entrepreneurs” to enable this will. The TiE platform is unmatched in scale, and it must take the responsibility to trigger a movement that brings together an ecosystem of entrepreneurs and investors that work together to build equitable solutions for a sustainable world.

H.E. Dr. Claudio Ansorena, Ambassador, Republic of Costa Rica said Costa Rica is the leader in Sustainable Environmental Issues. We are a small nation. India is 55 times bigger than you. But our shared values are common such as democracy, peace, sustainability, and the environment. We are proud partners for the summit and we will contribute as much as we can. We embarked on our journey of sustainability as early as 1970.99% of energy consumption is renewable energy. Our forest cover rose from 26% in the 1980s and has now gone up to 59%. He has also listed out some of the most initiatives that Costa Rica launched in the pursuit of the sustainability goals.

The planet is heating up, glaciers are melting. Sea levels are increasing. We need a global attempt to save our planet. It is not the failure of the environment but the morals of the society, he said.

In a video message Nikki Haley, Former US Ambassador to the UN said private enterprises are capable of many solutions.


Mrs. Rony Yedidia Clein, Deputy Chief of Mission of Israel; Ms. VeredMivtzari, EM Director, Startup Nation Central (SNC), Israel and others also addressed the occasion.

TiE Hyderabad and TiE Israel have entered in to a MoU to foster more business collaborations.

Welcoming the gathering Mr Manohar Reddy, Chair of TSS 2021 and President of TiE Hyderabad said Sustainability is the new oil and offers a lot of opportunities The summit has partnered with Israel and Costa Rica to build a better future. While the whole world is discussing sustainability, we have already started acting, he said. While explaining why this summit he said, we need to meet our needs of natural resources, without compromising and affecting the needs of future generations. With that thought in mind the conference was conceptualized, Mr. Manohar Reddy explained.

Speaking on the occasion Mr.Mahaveer Pratap Sharma, Co-Chair of TSS 2021 said TiE is always ahead of its time. It has been working at the bottom pyramid of the chain. It has impacted the entrepreneurial ecosystem in the country. Mr. Suresh Raju, Conference Co-Chair of TSS 2021 we are trying our best through this summit to bring in the best possible entrepreneurial spirit into sustainability.

TiE announced TSS Social Enterprise Awards aimed at recognizing social enterprises worldwide. These awards will be a regular feature and will give on a concluding day. TiE, Hyderabad will be rolling out a $200 Mn to $300 Mn Social Impact Fund, he said.

The TSS Social Enterprise Awards supported by Adani Group will recognize social enterprises that are creating a deep and tangible impact on society, communities, animals, nature and the planet through innovative business processes and technologies while pursuing the sustainable development goals (SDGs) defined by United Nations including affordable and clean energy, agriculture, clean water and sanitation, climate change, education, healthcare, life on land, life underwater, livelihoods, poverty among others.

We are proud to have launched this initiative to recognize the thankless work by social enterprises and entrepreneurs who work towards the betterment of society, build innovative technology solutions, tread on the uncharted path to solve societal problems such as healthcare, water, livelihoods, poverty, education, agriculture etc. The TSS Social Enterprise Awards winners will be the future leaders of the country in the social impact space, added Mr. Manohar Reddy.

TiE also announced an initiative to give a fillip to Rural Innovations, they have also announced Rs. 15crore grant money to support the initiative. A significant amount of this fund is already tied up Mr. Suresh Raju and Mr. Kaliprasad announced. These funds will be deployed in rural areas they added.

How 3 Israeli Delegates Adapted Quickly to Indian Culture and Won Several Hearts Instantly at TSS-2021

Be a Roman when you are in Rome. Seen Ms Anat Bernstein-Reich, President, TiE Israel; Ms. Vered Mivtzari, EM Director, Startup Nation Central (SNC), Israel and Rony Yedidia Clein, Deputy Chief of Mission Israel delegates at the TiE Sustainability Summit, adapting quickly to Indian culture and sported Indian traditional attires, Salwar Kameez and Saree. Their gesture impressed many delegates at the inaugural function of TiE Sustainability Summit(an in person inaugural function). Rest of the sessions of the summit will be virtual.

The quick cultural adjustment helped them to earn instant friends. Everyone thanked them for the same. Adjusting to a new culture does not mean that you have to change your own values, but it is important to respect those of other people.Kudos to them.

Ms Anat Bernstein-reich, Ms. Vered Mivtzari & Rony Yedidia Clein delegates at TiE Sustainability Summit sporting Indian attires

Ms Anat Bernstein-reich, Ms. Vered Mivtzari & Rony Yedidia Clein delegates at TiE Sustainability Summit sporting Indian attires

TiE Sustainability Summit Hosted by TiE Hyderabad Clocks 25,000+ Registrations, a Record Number From Social Enterprises Across 54 Countries

Manohar Reddy

TiE Hyderabad is the proud host of the world’s largest summit for social enterprises in the sustainability space.

The theme of the summit is ‘Where entrepreneurship meets sustainability’

Summit aimed at transforming social issues through entrepreneurship

TiE Sustainability Summit (TSS 2021) hosted by TiE Hyderabad clocked a record 25,000 registrations from social enterprises from 54 countries and is adding more. Thus makes it the world’s largest summit for social enterprises in the sustainability space.

85% of the registrants are Founders, Co-founders, Chairmen, Managing Directors, Directors of social enterprises. The size of start-ups include right from a start-up to a billion dollar unicorn.

TSS 2021 will be held from Oct 4 and 6, 2021 as a virtual event and will witness participation from 25,000 social entrepreneurs, policy makers, academia, impact investors, mentors, incubators and accelerators focused on social enterprises.

Aligned with the theme of the summit ‘Where entrepreneurship meets sustainability’, all social entrepreneurs representing their organizations will engage in discussions on policy making, debate on how to address and solve issues identified by UN in the sustainable development goals (SDGs), how to shape the future of social enterprises to create a deep impact at the bottom-of-the-pyramid (BoP) and deliver affordable solutions to the underprivileged people living in rural areas through technology and process innovation. The summit will discuss finding unique solutions to challenges such as access to water, healthcare, education, electricity, transportation, agricultural production, besides issues such as climate change, gender diversity among others.

Manohar Reddy, TSS Global Chair and President TiE Hyderabad, said, “We have received an overwhelming response from the social enterprises across 54 countries and this stands as a testimony to our efforts at building a robust ecosystem of social entrepreneurs who can shape the future of planet by solving the issues highlighted in the sustainable development goals (SDGs). At TiE, it has been our constant endeavour to solve business and social problems through innovation, policy intervention to deliver unique, affordable solutions to the bottom of the pyramid.” He further added, “I am confident, the social enterprises will have a unique opportunity to achieve their objectives at the summit by meeting prospective investors, customers, mentors, future board members, besides taking part in discussions and debates.”

At the summit, the social enterprises will gain access to funding, mentors, future board members through TSS ‘Match Making’ Technology where investors can identify and shortlist social enterprises for a potential investment. A total of 200+ social impact investors will be attending the summit. The matchmaking technology will also allow social entrepreneurs to either find a seller or a buyer during the summit to conduct business. They will also have an opportunity to find a suitable alliance or joint venture partner during the three day summit.

Suresh Raju, TSS 2021 Co-Chair and Vice President, TiE, Hyderabad, said, “We are delighted to note that TSS 2021 has attracted the attention of worldwide social enterprises. The summit truly stands at the intersection of entrepreneurship and sustainability and is designed to shape the future of social enterprises, enabling them to create a ‘tangible impact’ on critical issues facing planet earth.”

TiE Sustainability Summit to Enable $100 Million Funding for Social Enterprises

Social enterprises are fast emerging as sustainability power engines of world economies. They are driven by vision to improve society. They identify and solve societal problems through innovation and technology. They feed the hungry, resolve injustices, educate the illiterate, reach healthcare in the remotest corners of the world to cure the diseases, and protect the environment. Social enterprises are movers and shakers of the twenty first century — they are action oriented, they helped the needy (be it organizations or individuals). They act locally butimpact globally.

Indian social enterprises have been playing a key role in eliminating societal problems. iKure, an Indian social enterprise delivers primary healthcare, wellness, prevention health services to rural, semi-urban and urban areas and has treated 2.5 million people across 6,400 villages. They reach where no doctor reaches. Similarly, Thaely, founded by Ashay Bhave, 21-year-old former student of Amity University, has been manufacturing shoes from fabric derived from waste plastic bags. Each pair of shoes use a total of 15 plastic bags and 22 bottles that are sourced from scrap processing supermarkets and waste collection zones. Thaely is creating wealth out of waste and solving the societal problem by recycling plastic. Likewise, Dinesh who founded of incrEDIBLE, mass-produces edible from 100 million plastic utensils used every day in U.S.

Social enterprises led by social entrepreneurs are solving the problems faced by living beings on planet earth, however they too are faced with one major challenge – and that’s funding. Though most social entrepreneurs self-fund their enterprises during inception, they experience growth challenges due to limited fund availability. As per industry reports, about 50% of all social enterprises have reported that funding is their number one business challenge, while 31% face challenges inattracting senior,and middle management.

TiE Sustainability Summit plans to solve both the problems. TSS 2021 hosted by TiE Hyderabad is being held between Oct 4-6, 2021, through a virtual platform, will leverage its technology platform to facilitate funding of social enterprises. TiE is confident of funding at least 50 to 100 social enterprises during the summit, where the social entrepreneurs will be making a pitch to about 200 global investors. Through its technology platform TiE is confident of facilitating funding to a tune of $20 million in the short-term and about $100 million in the long term to promising social enterprises with ability to create a deep impact on human society, animals and nature. The invested will be made by social impact investors and large businesses who find a social enterprises with a promise of future growth and profits. TiE will play the role of a facilitator to help the most suitable social enterprises meet their potential funding partners.

Manohar Reddy, TSS Global Chair and President TiE Hyderabad said, “We see social enterprises as the change agents of the world and will play a key role in shaping the future of world economy. At TSS, we have designed a “Match Making’ Technology Platform for potential social impact investors to meet their prospective investees (social enterprises) who have the capability and promise to not only provide high return on investment, but also create a deep social impact.”

This thought was further echoed by Mahavir Sharma, Immediate past Global Chairman of the Board, TiE Global and Co-Founder, Rajasthan Angel, who said, “Social enterprises are the future unicorns of the world. They will be building a trillion dollar economy. At TiE we stay committed to fulfilling the needs of social entrepreneurs who are faced with the challenges of funding, attracting talent – we will be solving both these by partnering with social impact funds and large business to fund them to a tune of $100 million in the long term spread across a few phases based on business viability and ability to create the societal impact and generate high return on investment. Secondly, we will help them find suitable mentors and board members who can act as guiding force by providing strategic inputs, business modelling, go-to-market strategies, connect them with other ecosystem players.”