Monday, 17 September 2012

How Vineet Rai has made microfinance advisory Intellecap into a Rs 30 crore venture

Interesting read on Intellecap in Economic times.

My thoughts, on how positive ecosystem helps in success:
  1. It is worth mentioning how educational programs in Rural Management (IRMA) and Forest Management (IIFM) are able to provide perspective to students - that one can pursue profession outside big corporates and high paying jobs!
  2. Also kudos to initiatives like GIAN and Honey bee network, that have shown the value of grass root innovation and inspired individuals to create support system around that. Mr Vineet Rai, as mentioned in the article. Another case in point is Mr. Paul Basil, CEO, Villgro Innovation Foundation. He started RIN (Rural Innovation Network) to identify, incubate and fund the grass root innovators, which got renamed to Villgro.