Artha Venture Challenge

Artha Impact is primarily known for the Artha Venture Challenge, a competition aimed at identifying and supporting 15 social ventures that have moved beyond the proof of concept stage and are poised for growth. Managed by Ennovent, this acceleration program is funded by the Artha Platform and its financial partner, Rianta Capital Zurich. The initiative is designed to facilitate investment opportunities for emerging ventures and provides a structured approach to securing various forms of support. Artha Impact focuses on scaling the positive impact of these social enterprises, contributing to meaningful change in their respective sectors.

Claudius Gutemann

Senior Investment Manager

6 past transactions

Aibono

Seed Round in 2020
Aibono is a technology-driven company based in Bangalore, India, that focuses on enhancing agricultural productivity through data instruments and predictive analytics. Founded in 2014, Aibono offers solutions that support farmers from the sowing stage to harvest, utilizing precision farming techniques and Just-In-Time harvests for super perishable fruits and vegetables. The company employs patent-pending drones equipped with multispectral cameras to gather critical data on plant growth, vigor, and stress levels caused by diseases or nutrient deficiencies. Additionally, Aibono's field experts conduct advanced nutrient testing and monitor various soil and weather parameters. By analyzing this data, Aibono provides actionable insights to farm managers, enabling informed decision-making to improve yields and reduce losses. In recognition of its impact, Aibono received the Economic Times Startup Award for Best Social Enterprise in 2017.

Farm Folks Agro

Venture Round in 2018
FarmFolks Agro Pvt Ltd is a Fresh Produce start-up company based out of Bangalore.

Biosense

Venture Round in 2018
Biosense Technologies Private Limited is a medical engineering and design company based in Mumbai, India, founded in 2008. The company specializes in developing innovative diagnostic devices aimed at improving healthcare delivery, particularly for conditions such as anemia and diabetes. Its product lineup includes SüChek, a glucometer that estimates blood glucose levels through color change detection, and uChek, a portable smartphone-based diagnostic system for various tests including urine analysis and blood sugar monitoring. Notably, Biosense's ToucHb device offers a non-invasive method for screening anemia by measuring hemoglobin levels without the need for needles. The company focuses on addressing significant healthcare challenges through technology, thereby enhancing the quality and accessibility of medical services. As of November 2019, Biosense operates as a subsidiary of Tulip Diagnostics Private Limited.

NubeSol

Seed Round in 2016
NubeSol Technologies Pvt Ltd. is an agricultural technology company based in Bengaluru, India, that specializes in developing web solutions and mobile applications for the sugar industry. Founded in 2013, NubeSol provides automated cane survey tools, yield forecasting, and timely disposal reports to sugar companies, enhancing operational efficiency and productivity. Its offerings include grower and land record management, geocoding, crop care advisory, harvest planning, and analytics for performance metrics. Additionally, NubeSol supports growers with an interactive application and provides field staff with dedicated tools for improved communication and management. The company is dedicated to promoting sustainability in agriculture through innovative technological solutions.

ESDECS

Pre Seed Round in 2015
Provider of education and skill development services intended to enhance the employability of trainees. The company offers early childhood education services, teacher training, education advisory services, and provides employability skills in young adults through career counseling it also offers holistic care to the elderly community, enabling the community at large to improve their lives and future.

Tamul Plates

Venture Round in 2015
Producer of disposable tableware intended to provide quality green alternatives. The company produces all-natural disposable plates and bowls made from areca nut tree leaves made by community-owned micro-enterprises spread across North East India, enabling rural producers to create a complete sustainable value chain.
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