India's most innovative companies..............Document Transcript
1Indias Most Innovative CompaniesBangalore: "An innovation is one of those things that society looks at and says, if we make this part ofthe way we live and work, it will change the way we live and work", said Dean Kamen. There are fewIndian companies that are trying to bring in change in the lives of the people through their innovation.Lets take a look on ten such innovative companies.Shaadi.comOne of the most trusted matrimonial services of the world, Shaadi.com helps the people to find theirsoulmates. Shaadi.com was founded in 1996 by Anupam Mittal with the simple objective to provide asuperior matchmaking experience by expanding the opportunities available to meet potential lifepartners. The company has introduced more than 1.4 million couples.HarVaFor expanding Indias outsourcing industry to rural areas, Ajay Chaturvedi founded HarVa. HarVameans Green for the villages and stands for "Harnessing Value" of rural India. The company is a rural startup that primarily focuses on SkillDevelopment, BPO, Community based farming and Microfinance. HarVa is one of Indias first rural BPOoperations. It trains young rural people, especially women, to develop technical skills from data entryto software testing. It also offers a Rural XPOs, Rural LPO, Rural MPO, Rural KPO, Rural IT Outsourcingand Consultancy.
2VNLVNL makes a solar powered global satellite mobile (GSM) and broadband system that helps operatorsreach them profitably. The GSM is cheap, green and efficient. In six hours, the equipment can beassembled onto a home rooftop with no tech expertise required and provide service to 2,000 userswithin a two-mile radius.The WorldGSM is the first commercially viable GSM system that is independent of the power grid. Itruns exclusively on solar power and requires no diesel generator backup. VNL was founded by RajivMehrotra, a veteran of the telecom industry, in 2004.A Little WorldALW (A Little World) is the developer of ZERO, Indias first domestic payment system with specificfocus on reaching out to masses with lowest available communication infrastructure. ALW was foundedby Anurag Gupta for conceptualization of ZERO for branchless banking, and in bringing key banks andindustry majors to support the implementation Financial Inclusion in villages. The Mumbai-based techshops 2003 incubation of Mchek, a mobile-to-mobile payment platform, was later adopted by thestate of India and Airtel before it was spun off into a stand-alone business three years later.
3Its ZERO is bringing about real difference in the lives of the underserved population in India byproviding access to banking and financial services at their doorstep.Gram VaniGram Vani Community Media is a social development organization based in India, building open-source technologies for community media in rural areas. It aims to develop telecommunication andmedia solutions that give a greater voice to people at the grassroots, and enable closer engagementbetween people and larger institutions in the development sector including governments, NGOs andcorporate.It began its operations in 2009, and runs a product under their flagship which is a radio automationcalled GRINS (Gramin Radio Inter-Networking Systems). It is also expanding its offerings to video andcontent distribution systems, to enable distributed applications for agriculture, healthcare andeducation in rural areas.Narayana HrudayalayaA vision of Dr. Devi Shetty, Narayana Hrudayalaya is founded by one of the Indias oldest constructioncompany "Shankar Narayana Construction Company" in 2001. Located in the city of Bangalore, it isone of the worlds largest pediatric heart hospitals and has created a record of performing nearly15,000 surgeries on patients from 25 foreign countries.
4It is currently working to extend its clinical expertise to cancer with the launch of Biocon, a 1,400-bedfacility providing treatment for head-and-neck, breast and cervical cancers. Narayana Hrudayalayastarted Tele-medicine in 2002 to cater mainly to the rural populace in the country.Godrej GroupGodrej brought a revolution in the rural India by introducing its ChotuKool. What Nano is toautomobiles, ChotuKool is to refrigerator industry. Established in 1897 by Ardeshir Godrej, who was alawyer-turned-locksmith, today it has seven major companies with interests in real estate, FMCG,industrial engineering, appliances, furniture, security and agri care. They have presence in more than60 countries and ensures the service excellence that one can count on.Godrej also has a philanthropic arm that has built schools, dispensaries and a residential complex fortheir employees, and the trust established by the company still invests in education, healthcare andupliftment of the underprivileged.FabIndiaA platform to bring in the products that are made from traditional techniques, skills and hand-basedprocess to the worlds growing urban middle class. FabIndia connects more than 40,000 craft-basedrural producers to modern urban markets, thereby creating a base for skilled, sustainable andemployment and preserving Indias traditional handicrafts in the process.
5Through its website and 136 retail stores, it sells clothing and products for the home, all of which aresourced from villages across India. FabIndia was established in 1960 by John Bissell, an Americanworking for the Ford Foundation. FabIndia established "The FabIndia School" in 1992 in Pali district ofRajasthan, which is a co-educational, senior secondary school with more than 600 students including40percent girls who are provided with a subsidized tuition fees and offers them scholarships.Digital GreenDedicated to improving the social, economic and environmental sustainability of small farmerlivelihood, Digital Green aims to raise the livelihoods of smallholder farmers across the developingworld through the targeted production and dissemination of agricultural information throughparticipatory video and mediated instruction through grassroots-level partnerships.The company lets the villagers select the film themselves demonstrating new agricultural techniquesand after checking for accuracy, it screens them for the farmers using handheld projectors.TataTata made the dream come true for lot of Indians by launching the rupee one lakh car "NANO". WithNANO, Tata brought the recognition for India asa technology leader and not a mere low-cost hub known for cheap labour. Tata Group was laid in 1868by Jamsetji Nusserwanji Tata. Today, Tata group comprises over 90 operating companies in sevenbusiness sectors: communications and information technology, engineering, materials, services,energy, consumer products and chemicals, and it has operations in more than 80 countries.