Impact Investing Firm Aavishkaar Wins Sustainability and Operational Excellence Challenge

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Aavishkaar wins challenge for their work with Waste Management firm - NEPRA
Ajay Maniar, Partner, Aavishkaar, fund manager winner and presenter, remarked after receiving the most audience votes, "We are honored to receive this award. Aavishkaar had identified waste management as an investment opportunity that could create both impact for marginalized communities and commercial value for its funds while addressing a pressing environmental issue. We backed the young team at Nepra in 2013 to take on this challenge. It has been immensely satisfying journey for us to see Nepra completely transform its operations and processes by leveraging the power of technology to achieve rapid scale. Nepra is an endorsement of our investment philosophy that scale, sustainability and impact can go hand in hand. "

Sandeep Patel, Co-Founder & CEO, Nepra, portfolio company winner and presenter, added, "We are extremely excited and encouraged to receive this award. For an early stage entrepreneur getting the right investor is important. We have been fortunate to have an investor like Aavishkaar who empowered us not only with capital, but with a great deal of support in transforming our vision into a scalable business."
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