Acumen
Acumen is a nonprofit organization established in 2001 and based in New York City, with additional offices in Mumbai, Nairobi, Karachi, and Accra. The organization is dedicated to poverty eradication by raising charitable funds to invest in early-stage companies that provide essential services such as clean energy, healthcare, education, agricultural inputs, formal housing, and safe drinking water to low-income communities. Acumen has made significant investments totaling $128 million in 128 companies across 14 countries, impacting the lives of over 308 million individuals. The organization collaborates with notable partners, including the Rockefeller Foundation, the Bill & Melinda Gates Foundation, and Google.org, to address critical challenges faced by underserved populations.
Top Stages
Past deals in Namibia
GramVaani
Venture Round in 2023
Gram Vaani, based at IIT-Delhi, is a social technology company focused on empowering underserved communities through information sharing. The company aims to reverse the traditional flow of information, enabling communities to connect with companies, governments, and development agencies. Gram Vaani operates numerous community radio stations across India and parts of Africa, utilizing an intelligent Interactive Voice Response (IVR) system. This allows users to call in, leave messages about community issues, and listen to updates from others. With more than 2 million users in over 15 Indian states, as well as Afghanistan, Pakistan, Namibia, and South Africa, Gram Vaani effectively facilitates discussions on cultural matters, local updates, government schemes, and various community concerns, thereby fostering a bottom-up approach to information dissemination.
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