TechnoServe

How much is the impact of a product in its life cycle? How did you manufacture? Where did you procure? How much of reduction in transport, electricity? Can you end of life? After that, can you recycle again? So there is a lot of these studies that happens and there are about four or five agencies around the world who has done studies about grid maps.

right from WWF to Climate Collective, SmarterDerma, Greenart, TechnoServe.

All these companies have actually studied how we source material, where is the procurement process, the manufacturing process, the application, the post-application, ease of application, transportation reduction, amount of water required for curing reduction.

generally in concrete you'll need a lot of water to cure because we are using less thickness and it's honeycomb the water retention is much higher the curing time is faster access to the road is much faster so all those adds to the aspect of a circular economy sustainability esg and of course carbon credits as well some of the european companies do take carbon credits indian companies still have a little more longer work to do on carbon credits from a revenue point it's a good reporting structure built in about the amount of money that they can make there was a client uh who actually gave us for csr work but when they got this under the carbon credit they got more money what they spent uh part of the carbon right so uh it's a it's a very good revenue model for good infrastructure development but yet Not many Indian companies are leveraging it.

He got in through the green buying section.

He got in through TechnoServe.

He got in through looking at this stuff.

And even before that, he was very familiar with the C-Market and the world of stocks, because he was an investment analyst on Wall Street.

Yeah.

You know, when you're talking about international trade like that.

Especially, like, I mean, I saw that firsthand in Ethiopia where I was working with TechnoServe, right? We were, you know, essentially, like, the exporter of all of these, uh, co-ops, um, and had contracts with Starbucks, Peet's, you know, in addition to, um, the Stumptowns and, like, the specialty coffee.

But the majority of coffee that's bought out of Ethiopia that's, that is, uh, specialty, and it's, like, Starbucks, Peet's, uh, Nestle, right? They're all buying specialty coffee.

So I don't want to take too much credit.

But what happened is that there were leading players in the space, groups like Root Capital and Acumen Fund and TechnoServe, that came together with many others, and they told their funders that this kind of institution would be valuable and important.

And so I think one takeaway from that point is that It is best and most effective often when it is actually the groups that are being helped that tell the philanthropists they need this kind of ecosystem player as opposed to the opposite.

It is unfortunately true that broadly foundations don't like to fund infrastructure in this sense, the ecosystem organizations.