The New Ventures program was incubated as a part of the World Resources Institute (WRI), a leading global environmental think tank based in Washington DC. New Ventures addresses the key barriers to green entrepreneurial growth by building in-country support networks for environmental enterprises and increasing their access to finance. The mission of New Ventures is to empower environmental entrepreneurs in emerging markets to develop market-based solutions that protect Earth s environment and its capacity to provide for current and future generations. Founded in 1999, we have worked with 367 innovative enterprises whose goods and services produce clear, measurable environmental benefits, such as clean energy, efficient water use and sustainable agriculture, and often address the challenges experienced by the world s poor. We have Local Centers in six of the world s most dynamic emerging economies: Brazil, China, Colombia, India, Indonesia, and Mexico. Through our approach to business development and our links to investors around the world, we have facilitated more than $337 million in investment. The New Ventures program in India is managed by Regain Paradise Research Consulting, a boutique cleantech consulting firm to whom the World Resources Institute transferred the ownership of the New Ventures brand in 2012. Renewable Energy Energy Efficiency Water Technology Sustainable Agriculture and Aquaculture Electric Transportation Green Materials Waste Management, Recycle & Reuse Bio-diversity Our Portfolio Companies in India include (Sample):
Sample of companies we have worked with in India: Husk Power Systems Husk based rural electrification for rural areas in the state of Bihar Nandan Biomatrix Work with local farming communities to develop reliable access to clean and safe energy. SBA Hydro Partners with local residents and villagers in the Himalaya Mountains to develop micro-hydropower stations. Waterlife India Private Limited Waterlife provides customized and specific drinking water solutions to the local communities. Envirofit India Private Limited One of India s leading private clean cookstove enterprises. They have sold more than 2.5 million clean cookstoves globally. Sustaintech India Private Limited Manufacturers of biomass stoves for small scale businesses. The company has evolved out of TIDE, a not for profit society with 15 years of experience in research and dissemination of firewood conserving equipment through local entrepreneurial networks. Mera Gao Power Builds and operates solar powered micro grids in rural, off-grid villages in North India. Simpa Networks Prepaid metering and mobile payments technology that makes solar off grid more affordable for rural consumers. WHAT WE DO? We work with key players in the environmental space: entrepreneurs, investors, think tanks, financial institutions, banks, technical incubators and large corporations. We work primarily in India and cover South Asia and South East Asia with our partners. Here are our range of services: Enterprises We offer the following services to enterprises: Investment facilitation from our network of national and international investors Creating business plans and investor facing strategic communications. Connecting with international business opportunities from our network of partners. Developing business opportunities in emerging nations. Investors & Donors We offer the following services to investors in environmental businesses: Securing consistent good quality Deal flow. Mentoring and hand holding entrepreneurs Investment Due Diligence and Monitoring investments Sectoral research studies Think Tanks & Research Organizations We offer the following services to environmental think tanks and research organizations: Sectoral research and intervention recommendations. Convening of key stakeholders Access to wide networks of investors, entrepreneurs and other support organizations. Corporations & Industry Associations We offer the following services to large corporations and industry associations: Market potential analysis Marketing communications Partner search and validation International Technical Incubator Organizations For organizations interested in marketing innovative environmental technologies we offer the following services: Potential analysis Partner search and validation Donor and Investment connections
New Ventures and its parent organization, WRI a leading global environmental think tank based in Washington DC have shaped studies that redefined the understanding of BoP market space and laid foundation for many environmental enterprises functioning in developing markets. Sample reports analyzing the clean energy markets: Power to the People: Investing in Clean Energy for the Base of Pyramid in India This report identifies a market potential of USD 2.11 billion annually for investors in the clean energy industry serving India s rural Base of the Pyramid (BoP). The study analyzes three clean energy industries: Improved Cookstoves, Solar Lighting, and Decentralized Renewable Energy. The methodology used a combination of qualitative and quantitative data collected by extensive field research across India, Bangladesh, Cambodia and Brazil by a team of 7 professionals. This report is currently the most cited work used by various development agencies, academicians and practitioners in the clean energy space for BoP. The Last 50 Miles: Using the Village Level Entrepreneur Network to Increase Clean Energy Access New Ventures India is implementing a project on increasing clean energy access using Village Level Entrepreneur channels across the country. The objective of our work is be to develop training modules that can be used by clean energy access companies to recruit and train micro entrepreneurs in villages and work with existing VLE networks to sell and service their products. This project has helped renewable energy companies understand VLE networks and vice versa. We profiled VLEs working for all leading financial and nonfinancial institutions to help them understand the landscape of increasing clean energy access through their local channels. Market Access for Clean Energy Access Projects New Ventures India is working on a project to assess the market potential of energy efficiency and renewable energy in commercial buildings specific to the cities of Tamil Nadu and Karnataka. The aim of the project is to develop a catalog of technology solutions, that customers can adopt, and solution providers who have implemented these solutions. The objective is to help create the market for energy efficiency and renewable energy products and services in commercial buildings in the urban cities of Tamil Nadu and Karnataka.
TEAM Sanjoy Sanyal Sanjoy has over 20 years of experience in finance and entrepreneurship, with a particular focus on the education and green infrastructure. He is concurrently the Director of New Ventures India, Under his leadership, New Ventures has developed a strong network of institutional investors and also been able to help early stage green entrepreneurs raise US$ 10 million in funding. Previously, Sanjoy was part of the management team at SumTotal Systems, a global leader in Talent Management software, where he managed services delivery out of India. As an entrepreneur, he has co-founded and run Aesthetic Technologies, which had major Indian and international firms as its clients and received venture capital funding from Indian investors. In addition, Sanjoy has worked at ITC Classic Finance Ltd. and ICICI Ltd. where he evaluated credit risk and managed debt and equity syndication for project financing. He also provides mentoring to early stage entrepreneurs in his capacity as a Charter Member of TiE. Sanjoy has a Post Graduate Diploma in Management from the Indian Institute of Management, Calcutta and a Bachelor of Technology degree from the Indian Institute of Technology, Kharagpur. Sreyamsa Bairiganjan Sreyamsa has 6 years of experience in social and clean tech enterprise engagement with a special focus on BoP markets. He is currently responsible for environmental enterprise evaluation for the New Ventures India program. He has authored reports focused on clean energy for BoP markets such as Power to the People: Investing in Clean Energy for the Base of the Pyramid, The Base of Pyramid Distribution Challenge, and Bringing Clean Energy to Rural India. His work highlights the investment and operational needs across clean tech products and services for the BoP markets. Sreyamsa has been a panelist at leading world forums such as the G20 Inclusive Business Workshop, Berlin, Rio +20- Corporate Sustainability Forum, Rio de Janerio, and the International Business Forum, Pretoria. He has also presented his work across universities such as John Hopkins, NYU, Duke and University of North Carolina in USA. Previously, he worked as a senior researcher for IFMR- Rural Market Insights. He also worked for the Multi Commodity Exchange of India where he focused on developing trading models for the exchange of certified emission reductions (CERs).Sreyamsa did his MBA from the Indian Institute of Forest Management, Bhopal and has an Advanced Investment Manager Degree from the ANDE Program of Aspen Institute, Washington D.C. Pamli Deka Pamli brings more than six years of experience in the Energy Industry. She has worked in the oil fields, conducted research for clean technology companies and held consulting roles. With New Ventures India, she is working on a project to assess the potential of energy efficiency and renewable energy products for the commercial, residential and industrial sectors. Prior to this she was a consultant in firms like Shell and BCG (Boston Consulting Group) with major focus on energy projects. As an Equity Research Analyst, she has authored broker reports for the carbon credit and solar sector for UK market. Pamli has an MBA from INSEAD and a Bachelor of Technology degree in the department of Chemical Engineering from Indian Institute of Technology, Roorkee. 2013, New Ventures India 2013, All Rights Reserved.