Unreasonable Impact, a multi-year initiative in partnership with Barclays, was born from the shared belief that high growth entrepreneurial solutions are best primed for scale when supported by a major corporation which is able to accelerate their growth. The partnership was launched to scale and support growth equity companies addressing some of the world’s most pressing societal and environmental challenges, whilst also creating jobs. The initiative, now in its fourth year, was designed to ensure that the fastest growing and most impactful companies across different geographies (Europe, the Americas, and Asia Pacific) are supported with advice and guidance from a global community of world-class mentors and industry specialists, in order to further scale their already highly profitable business models and consequently yield the greatest impact. With the global pandemic continuing to affect all aspects of life, the Unreasonable Impact Asia Pacific 2020 programme will run as a multi-week virtual gathering supporting growth-stage ventures across the region, including China, Hong Kong. With the aim of rapidly scaling-up the 12 selected entrepreneurs, we have developed and designed a series of virtual sessions and curated facilitations to ensure that they are provided with needed resources, mentorship, and a global network of support. Each virtual session has been meticulously and carefully curated to be equally impactful, engaging and beneficial as its in-person equivalent. The launch of Unreasonable Impact Asia Pacific 2020 follows the launch of the virtual programs in the UK & Europe and The Americas earlier this Fall and marks the final cohort of the Unreasonable Impact 2020 Initiative. With 132 ventures collectively reaching 226 million customers, supporting more than 81,500 jobs in more than 180 countries and having raised over $3.2 billion in funding and over $2.9 in revenue, Unreasonable Impact is committed to scaling up entrepreneurial solutions that will help employ thousands worldwide while solving our most pressing societal challenges.
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Canopy Power DeHaat
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Frontier Markets gFlow+
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Jumbotail MAEKO
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Mobi-Air MOVUS
Shiok Meats TRENDE
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Tridi Oasis Group TurtleTree Labs
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Canopy Power Deploying reliable, renewable electricity supply for remote businesses and communities across Asia Pacific.
SEC TO R
Clean Energy
R EGIO N
Singapore and 7 countries
EN T R E P R E NEU R
Sujay Malve
TIT LE
CEO
Canopy Power designs, builds, and finances optimized renewable energy microgrid solutions for businesses and communities who are dependent on diesel power generation and weak grids. These remote and islandbased customers in SE Asia and the Pacific often do not have access to the main electrical grid or are entirely dependent on intermittent energy supplies. From tourism to mining and fishery industries, Canopy Power provides turnkey solutions along with system design, sourcing, construction, and project financing to make electricity generation cleaner and cheaper for their customers. Canopy Power seeks to empower remote customers in their energy transition and free them from the price and environmental volatility of the fossil fuel industry. Their mission to provide people with access to more reliable and cleaner electricity, improves lives and boosts business profitability, while minimizing environmental harm.
Sujay Malve is the Co-Founder and CEO of Canopy Power, a renewable energy microgrid solution, offering power to remote and island-based businesses and communities in SE Asia and the Pacific who have limited or no access to the main grid. Sujay spent 6 years at various wind energy companies in the midwest of the United States, both in supply chain and program management. Post his MBA, Sujay spent 2 years in management consulting (energy practice) in the Middle East before moving to Singapore to work for a top-tier solar panel manufacturer as CEO Head of Business Development. He has substantial expertise in strategy, finance, canopypower.com and operations as well as in leading fast paced, multi-cultural teams.
Sujay Malve
7
DeHaat Building AI-enabled technologies to revolutionise supply chain and production efficiency in the farm sector.
SEC TO R
Agricultural Technology
R EGIO N
India
EN T R E P R E NEU R
Shashank Kumar
TIT LE
Founder & CEO
DeHaat (Green Agrevolution) is one of the fastest growing Agri Techs offering end-to-end services to the farming community in India. Its AI-enabled technologies are revolutionizing supply chain and production efficiency by supporting over 200,000 local farmers with access to over 400 DeHaat centers, 150 input suppliers, and 250 corporate buyers. From connecting small farmers to their various needs – seeds, fertilizers, equipment, crop advisory, and market linkage, including coordinating the sale of their produce to institutional buyers – to receiving personalized farming advisory in their local language, DeHaat offers a bundle of agri-value chain services. DeHaat places farmers at the center of their business model, irrespective of their crop or land holding status, to produce the highest cost savings, productivity rates, and incomes for farmers across India.
Shashank Kumar is CEO & Co-Founder of DeHaat. After graduating in 2008 from IIT Delhi, he joined a management consulting firm focusing on the supply chain, retail and FMCG sectors. He has also worked for leading FMCG companies on the challenges related to their secondary distribution network, price elasticity & continuous replenishment system. While he was president of the Farms & Farmers (FnF) Foundation, he realised that the only way to build a scalable working model to improve efficiency and transparency in the Agricultural value chain was through leveraging technology. In 2012, he co-founded a social enterprise, Green Agrevolution and developed DeHaat - a mobile Founder & CEO based technology which connects small farmers to 360 degrees of agricultural requirement – seed to market. agrevolution.in
Shashank Kumar
9
Frontier Markets Alleviating poverty by investing in rural households, and especially women.
SEC TO R
Supply Chain Technology
R EGIO N
India
EN T R E P R E NEU R
Ajaita Shah
TIT LE
Founder & CEO
Frontier Markets is a social tech commerce platform run by rural women entrepreneurs that provides “last mile connectivity” of goods and services directly to rural consumers. Frontier Markets’ mission to creates Saral Jeevan ‘easy life’ for rural households is based on the belief that they are dignified customers deserving local access to high quality products and services with ease and that women are the key influences for driving change in rural villages. By investing in digital inclusion for women, Frontier Markets creates wealth opportunities for women and their customers. The company has built a network of 10,000 women entrepreneurs reaching 700,000 rural customers, selling 1 million products to date. Their vision is to have a platform of 100 million rural customers and a network of 100,00 women with access to a better, more dignified life.
Ajaita Shah is the Founder and CEO of Frontier Markets. She started her career in microfinance in India with a belief that “investing in women is smart business and key to poverty alleviation at scale.” An advocate for women-led, transformational leadership and rethinking how social innovation can design for scalable impact, she has developed concepts with international institutions including the UN. Ajaita has won numerous awards for her work around healthcare, mobile technology, and social performance management in the sector. Through Frontier Markets, she has been recognised as Forbes 30 Under 30’s Social Entrepreneur of the Year, CNBC’s Young Business Women of the Year and Women’s Transforming India Award in 2018 amongst others. Ajaita serves Founder & CEO on the board of Frontier Innovations Foundation, an advisor to various social frontiermkts.com enterprises in India focusing on product development for the poor.
Ajaita Shah
11
gFlow+ Providing electric, solidstate water meters and smart metering solutions for a more waterefficient future.
SEC TO R
Resource Efficiency
R EGIO N
Hong Kong and 11 Countries
EN T R E P R E NEU R
Ming Gong
TIT LE
President & CEO
gflow+ believes the world needs to stop relying on mechanical meters and move towards an electric solidstate future. A leader of both electromagnetic and ultrasonic flow measurement technology in the Greater China area, the company builds electric solid state meters as well as complete smart metering and water quality solutions. To create an entire sustainable energy ecosystem, gFlow+ also manufactures a unique set of smart metering solutions with remote transmitters and solar panels, enabling the management of water consumption and quality, as well as energy consumption. By combining a constant stream of data with predictive modeling capabilities, operators can quickly assess events as they occur, identify potential problem areas before they reach a critical level, and respond decisively to operational challenges, enabling operators to become a force for system improvements, regulatory compliance, and financial planning.
Ming Gong is the President and CEO of gFlow+, which provides industrial process instrumentation, water metering and water district leakage control solutions for its customers worldwide. Prior to this, Ming served as Vice President of Shanghai Kent Limited, the largest flow meter manufacturer in China. Ming has also held a number of research and development roles and positions for Endress+Hauser Group, a leader President & CEO in industrial process instruments solutions, ultimately leading the R&D gflowplus.com team for Endress+Hauser Conducta in Anaheim, California.
Ming Gong
13
Jumbotail Organising the food and grocery ecosystem in India using technology, data science, and design.
SEC TO R
Marketplace & Retail
R EGIO N
India
EN T R E P R E NEU R
S. Karthik Venkateswaran
TIT LE
Co-Founder & CEO
Jumbotail is India’s leading New Retail platform and Online B2B marketplace for food & grocery that connects 30,000+ mom & pop Kirana grocery stores with brands, producers, and farmers. Jumbotail was co-founded by Stanford MBA classmates S.Karthik Venkateswaran and Ashish Jhina. Jumbotail Logistics is an in-house, tech powered full stack supply chain with fulfilment centers, distribution centers, enabling last mile storefront delivery and payments collections from its customers. Jumbotail’s fintech platform facilitates working capital credit by connecting lending partners to its customers and sellers. Jumbotail transforms traditional mom & pop stores into J24 store - a chain of modern convenience grocery stores, owned and operated by mom & pop retailers, powered Jumbotail’s New Retail platform that is fully integrated with its logistics and fintech. Jumbotail has the capability to set up a fully functional J24 grocery store within 24h-48h.
Karthik Venkateswaran is Co-Founder & CEO of Jumbotail. An alumnus of National Defence Academy and Indian Military Academy, Karthik served in the Indian Army for 10 years, with several tenures in hard combat in high altitude areas and counter terrorism. Prior to co-founding Jumbotail, Karthik worked as Senior Product Manager at Ebay (United States), and as Director-Products at Flipkart (India). A marketplace product leader, Karthik is passionate about building products and technology that will create more economic opportunities for the food and grocery ecosystem in India, and make commerce more accessible and convenient for the next 1 billion Indians, Co-Founder & CEO who have diverse needs. He holds an MBA from Stanford University jumbotail.com Graduate School of Business.
S. Karthik Venkateswaran
15
MAEKO Turning organic waste into fertilizer in just 24 hours with cuttingedge compost machines.
SEC TO R
Food Waste
R EGIO N
Indonesia, Malaysia, Philippines, Singapore, Thailand
EN T R E P R E NEU R
Chelsea Chee
TIT LE
Founder & CEO
MAEKO is focused on solving one of the planet’s biggest problems - Food Waste. Every day, huge amounts of food are being wasted in Malaysia, taking up space in landfills and poisoning the Earth. Combining expertise from the fields of biotechnology, mechanical engineering and marketing, MAEKO’s goal is to help achieve ZERO FOOD WASTE. The company has created the most cutting-edge composting technology in the ASEAN region. Its fully contained “All-in-One” commercial on-site composting machines can reduce food waste volume by up to 80% in 24 hours. Their patented technology has been applied in a range of composters for use in any industry that produces food waste. From hotels to supermarkets, factories, hospitals, and schools, MAEKO’s innovative composters help customers drastically shrink their carbon footprint.
Chelsea Chee is the founder and CEO of MAEKO, which provides composting technology to homes and businesses across the ASEAN region. As a transformational leader and business visionary, Chelsea launched MAEKO to fulfill her ambition of combining tech with impact. MAEKO’s core value of “less wasteful more useful” has brought Chelsea even closer to building a business with a purpose whilst also providing solutions towards one of the biggest challenges facing the planet - food waste. Chelsea created MAEKO with a singular intent of helping the country – and the world – achieve ZERO FOOD Founder & CEO WASTE. Her 25 years of experience in running businesses has reinforced her maeko.com.my belief that “it is you in every business and not the business in you”.
Chelsea Chee
17
Mobi-Air Delivering breakthrough low-energy, low-cost, competitive air filtration technology.
SEC TO R
Sustainable Infrastructure
R EGIO N
Japan and Singapore
EN T R E P R E NEU R
Martin Scaife
TIT LE
Chairman & CTO
Since the onset of the air-filtration industry and original patent filings in the 1920s, current technologies have seen relatively low levels of innovation with marginal process performance improvements. The Mobi-Air team has challenged the status quo of today’s incumbentfiltration technologies developing new approaches including zero maintenance-and-repair air filtration, low-energy low-turbulence multi-vortex tornado air filtration and closed-loop energy-free HVAC technology. Whilst this technology was developed to lower costs and protect nature, the Mobi-Air team gained true inspiration from nature itself. The new low-energy low-turbulence multi-vortex tornado technology was inspired by the naturally forming multi-vortex tornadoes which exert very high G-Forces and use minimal amounts of energy to operate. All in, this newly developed closed-loop energy-free HVAC saves up to 85% of HVAC energy consumption and tonnage.
Martin Scaife has spent over 25 years in the hygiene industry, during which time he designed many of the high-speed production systems that are currently in use at P&G. He holds multiple key patents in the hygiene industry and is focused on technical innovation including front-end of innovation to go-to-market. Martin transitioned from working in corporates to start-up companies in 2014 and has continued to innovate in the hygiene sector, developing multiple award-winning technologies. Chairman & CTO Recently launched technologies include low energy diaper recycling mobiair.technology machine, low energy hybrid air filtration and energy free HVAC.
Martin Scaife
19
MOVUS Delivering an all-in-one equipment monitoring solution for smarter and more efficient machinery.
SEC TO R
Artificial Intelligence and Life
R EGIO N
Australia and 13 countries
EN T R E P R E NEU R
Brad Parsons
TIT LE
Founder & CEO
To preserve the Earth’s resources, MOVUS believes the efficiency and life of industrial assets need to improve. MOVUS seeks to transform machine technology, which has remained unchanged for decades, with FitMachine, their end to end equipment monitoring solution. FitMachine dramatically improves a machine’s lifecycle and health visibility, while optimising operational costs. MOVUS’ goal is to bring consumer simplicity, combined with artificial intelligence, to enable smarter and more efficient machines. From reducing downtime and money spent on asset breakdowns to visibility across a company’s entire fleet, FitMachine provides real-time data and performance analytics anywhere, anytime. With over 100 million health checks on machines across the world, MOVUS generates actionable insights for companies’ outdated machines, bringing them into the digital transformation of the future.
Brad Parsons, a globally focussed entrepreneur with a passion for technology-enabled sustainable progress, is the founder and CEO of MOVUS. Having travelled the world extensively over the past 20 years and lived and worked across a wide range of industries, Brad realised our current way of life is becoming unsustainable. His concern about over-consumption of the world’s natural resources and our “makeuse-waste” society led him to believe that technology can enable a more efficient world. Through MOVUS, Brad is using his passion for the planet and is applying systems thinking to Founder & CEO promote new, efficient asset usage. By making assets more visible, available movus.com.au and utilised, Brad believes we can reduce our resource footprint.
Brad Parsons
21
Shiok Meats Transforming the food industry in Asia with cell-based, clean meat and seafood.
SEC TO R
Food Technology Seafood
R EGIO N
Singapore
EN T R E P R E NEU R
Sandhya Sriram
TIT LE
Co-Founder & CEO
Crustaceans are the most consumed protein source in Asia-Pacific. Shrimp, specifically, is a $40 billion industry plagued by meat fraud, harmful chemicals, slave labor, and overfishing. Shiok Meats is disrupting the shrimp industry with their cell-based clean meat company and the world’s first “clean shrimp”. By harvesting seafood and meats from cells instead of animals, Shiok Shrimp’s clean meat is grown under controlled and clean conditions, eliminating any potential of food-borne diseases, bacterial/antibiotic resistance, or harmful chemicals. Shiok Meats is powering the future of food and clean protein in Asia by bringing clean meat to high-impact markets, disrupting trade and supply chains around the globe, and prioritizing sustainable production. Dr. Sandhya Sriram is the CEO and co-founder of Shiok Meats Pte. Ltd., Singapore. Sandhya is a stem cell scientist with over 10 years experience working with muscle, adipose, cells and stem cells. After graduating with a PhD from Nanyang Technological University in Singapore, Sandhya pursued her postdoc at A*STAR in Singapore. Following 4 years of postdoctoral work, she took up business development at a research institute. Alongside, she co-founded 2 companies, Biotech In Asia and SciGlo. Sandhya has been featured on Forbes Women in Tech for her entrepreneurial Co-Founder & CEO ventures. Currently, Sandhya and Dr Ka Yi Ling, co-founder and CTO of Shiok shiokmeats.com Meats, are working on cell-based meat (seafood), based out of Singapore.
Sandhya Sriram
23
TRENDE Providing Japan affordable, renewable, and local energy through rooftop solar.
SEC TO R
Clean Energy
R EGIO N
Japan
EN T R E P R E NEU R
Jeffrey Char
TIT LE
Founder & Chairman
TRENDE is an online renewable energy retailer selling electricity to residential customers in Japan to accelerate the widespread adoption of renewable energy. Its current products include “Ashita Denki,” an online service offering residential customers simple and affordable energy plans and “Hot Denki,” a service incentivizing customers to become prosumers with an innovative third-party ownership model that enables homeowners to gain the benefits of having a solar system on their roof without the upfront costs of purchasing the system. TRENDE is also developing a peer-to-peer (P2P) electricity trading system in order to further facilitate the efficient use and adoption of renewable energy. The company’s investors include Tokyo Electric Power, ITOCHU, Idemitsu and Dubai Electricity and Water Authority.
Jeffrey Char is the Co-Founder and Chairman of TRENDE Inc., an online renewable energy retailer accelerating the widespread adoption of solar power in Japan. Prior to this, he was Director of Corporate Venture Capital and a member of the Innovation Task Force at Tokyo Electric Power Company. Jeffrey is also a professor teaching entrepreneurship at IE Business School in Spain, Doshisha Business School in Japan, and National University of Management in Cambodia. He founded, built and sold several ventures including Sozon, an online marketing company, Solis, a domain registrar, and Pario Software, a network security company which he sold to Lucent Technologies. Prior to becoming an Founder & Chairman entrepreneur Jeff was an attorney in Silicon Valley and investment banker in Tokyo. trende.jp He studied economics in Tokyo and law at UC Berkeley and Harvard Law School.
Jeffrey Char
25
Tridi Oasis Group Recycling locally-sourced plastic waste into high quality raw materials.
SEC TO R
Circular Economy
R EGIO N
Indonesia
EN T R E P R E NEU R
Dian Kurniawati
TIT LE
Founder & CEO
Tridi Oasis is a growing manufacturer of recycled plastic bottles in Indonesia, with a vision to turn problems into opportunities through recycling city waste. With Indonesia’s growing population, plastic waste - especially plastic bottles - has become a highly prominent and inevitable issue. Tridi Oasis works by collecting PET bottles from domestic waste management with a network of local suppliers that separate the plastic from other materials. The plastic bottles are then processed into plastic flakes, which can be used to manufacture packaging and textiles. The demand from manufacturers for high-quality plastic flakes has risen tremendously, and by 2018, Tridi Oasis had processed over 60 million PET bottles. Their primary customers are based in foreign markets in the FMCG and textile industries, as the demand grows for locally-sourced and recycled plastics for their products.
Dian Kurniawati is the Founder and CEO of Tridi Oasis, a plastic recycler social enterprise working to turn problems into opportunities through recycling city waste. She is responsible for the company’s overall business operations. Dian has a background in engineering and management, with over 8 years experience in business consulting with global companies across various industries. With a passion for social and environmental issues, Dian’s long-term vision for Tridi Oasis is to turn trash into jobs and useful products. She believes the biggest challenge we face Founder & CEO as a species today is multidimensional poverty, and to end it, we need to tridi-oasis.com invest in the under-privileged to create as many sustainable jobs as possible.
Dian Kurniawati
27
TurtleTree Labs Recreating the full composition, functionality and taste of milk using the latest cutting edge innovation in biotech.
SEC TO R
Food Technology Dairy
R EGIO N
Singapore, US
EN T R E P R E NEU R
Max Rye
TIT LE
Co-Founder & Chief Strategist
TurtleTree Labs seeks to produce clean milk for people and planet, envisioning a future where all children and families globally have access to safe, clean milk and milk products of full-composition, function, and flavor. TurtleTree Labs’ proprietary cell-based processes of creating clean milk completely bypass the environmental degradation and animal welfare issues of industrial dairy, nourishing individuals and societies and reducing environmental, social, and economic stressors. Supported by leading scientific, governmental, and investment partners, TurtleTree Labs licenses technical capabilities to the world’s leading packaging facilities to scale rapidly into the US $716B global dairy market. Working alongside every major dairy and infant nutrition company, TurtleTree Labs’ innovative cell-based milk brings a sustainable solution to families and communities around the world.
Max Rye is Co-Founder and Chief Strategist of TurtleTree Labs, which uses cell-based technology to create human breast milk as well as all mammalian milk. In this role, Max’s focus is on leading the TurtleTree Labs Team to transform the global dairy industry, which negatively impacts the environment and animals. He holds a Computer Science degree from University of California and has more than 15 years of experience helping businesses scale with technology. With over 10 years operating as CEO of a Silicon Valley tech company, Max firmly believes that technology can solve the world’s Co-Founder & Chief Strategist biggest problems. Max formulates TurtleTree Labs’ business strategies turtletreelabs.com and shapes the company’s direction to accelerate growth to the next level.
Max Rye
29
O N B E H A L F O F U S , T H A N K YO U .
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