Ecosystem News
Anjali Bansal at the Mint Sustainability Action Summit
Anjali Bansal was part of the panel on “Portfolio of Sustainability – How Investors of Tomorrow Think” at the Mint Sustainability Action Summit. Avaana believes that sustainability is now a business driver, due to increasing focus by the three Cs: Consumer, Capital and Community – enabled by tech-and-innovation based affordable solutions.
Consumers have more choice, have become more conscious of their purchases decisions and would rather consume responsibly. Capital is gradually moving to businesses demonstrating responsibility. Communities, including all stakeholders, employees and suppliers, want to be part of something meaningful.
Avaana Capital targets $150 mn for second climate and sustainability fund
What digitisation was for the last 20 years, sustainability will be for the next 20 years.
“We are focused on investment returns, we believe that like digitization over the last decade, climate and sustainability is the new trend and will generate outsized investment returns in addition to having a sustainability impact,”
Read more about our second fund focused on climate action and sustainability, as carried by Livemint and VCCircle.
4 observations on India’s climate tech and sustainability investments from Anjali Bansal of Avaana Capital
Anjali Bansal shares her perspectives on climate tech and sustainability investments with Moulishree Srivastava for KrASIA.
“If you apply technology and innovation to large-scale problems, you can get solutions and impact at scale while creating supernormal returns. For the next 20 years, climate change will be the biggest problem for the world… sustainability is going to become as integrated as digitization in any business model.”
Read the full interview here:
Anjali Bansal named as one of India’s Most Powerful Women in Business
Anjali Bansal has been featured as one of India’s Most Powerful Women in Business, as “Avaana Capital’s Sustainability Crusader” by Fortune India Magazine and as “The Sustainable Investor” by Business Today.
Anjali says – “We are looking at building Avaana as a large sustainability platform, to invest in innovation-led digital-first businesses. The idea is to take what is happening in the innovation ecosystem and apply it to large-scale problem solving.”
Avaana partners with Bombay Chamber for their Sustainability Conclave
Avaana partnered with the Bombay Chamber of Commerce and Industry for their Sustainability Conclave, themed “Creating a Sustainable Tomorrow – Target Net Zero”, which took place on 10th and 11th December, 2021.
The conclave brought together stakeholders across government, policy, corporates and the innovation ecosystem to create a holistic view on sustainability. Shri Bhupender Yadav, Union Minister for Environment Forest and Climate Change; and Labour and Employment, and Mr. Amitabh Kant, CEO, NITI Aayog were the keynote speakers for the event which also featured discussions on topics such as ESG landscape in India, technology and sustainability, funding for sustainability. More details here.
Anjali Bansal appointed as President, Bombay Chamber
Anjali Bansal, has been appointed as President of The Bombay Chamber of Commerce for the year 2021-22.
Her focus for the upcoming year would be climate change, ease of doing business, unlocking the under-tapped powerhouse of women, and integrating them into economy-building initiatives and digital transformation.
Avaana supports YPC Climate Summit
The Youth Policy Collective, supported by Avaana Capital, organized its first YPC Climate Summit on October 2nd 2021. YPC is India’s first youth-led thinktank providing a platform for student involvement in policymaking through research and advocacy.
Shri Jayant Sinha, Member of Parliament, spoke about the Bharat Net Zero Bill as well as the Green Frontier. Dr. Rajeswara Rao, Special Secretary, NITI Aayog, discussed the role of youth in policymaking and combating climate change.
The event also featured a panel discussion on the topic “Climate and Sustainability Awareness” with speakers Dr. Praveer Sinha (CEO and Managing Director of Tata Power), Ms. Mridula Ramesh (Author of “The Climate Solution”), Mr. Shalabh Tandon (Regional Head of Operations and Climate Business, IFC – International Finance Corporation) and Mr. Craig Johnson (Head of School at the American School of Bombay).
Capital Connect 2021
Avaana Capital was selected for Capital Connect Un-Showcase 2021 hosted by GenderSmart + VC Include. Capital Connect is the first-ever global series of virtual gatherings with the goal of connecting gender-smart investors and fund managers with a gender lens.
Expert Advisor to Startup India Seed Fund Scheme
Anjali Bansal has been appointed on the Expert Advisory Committee for the Start Up India Seed Fund Scheme announced by Honorable Prime Minister. The scheme provides an outlaay of INR 945 Crore to provide financial assistance to startups for proof of concept, prototype development, product trials, market entry and commercialization.
How will Technology Reshape E-Commerce
Avaana Capital was Leaders of Tomorrow Masterclass hosted by ET Now. The masterclass on “How will Technology Reshape E-Commerce? – A glimpse into the future” was be held on 9th April form 5:00 to 6:00 PM.
Our founder, Anjali Bansal was joined by Kabeer Biswas (CEO & Co-Founder, Dunzo), Pawan Gadia (CEO, Retail & Online, Ferns N Petals), Rahul Garg (CEO & Founder, Moglix) on the panel and the session was moderated by Sunanda Jayaseelan (Editor, Leaders of Tomorrow on ET Now )