India's Adani Group is known for its investments in coal, natural gas, and power, but it's now looking to venture into the world of startups, the BBC reports.
Gautam Adani, the billionaire chairman of the company, launched the group's third annual "Green Talks" conference in New Delhi on Tuesday, where five startups presented their ideas for solutions to some of the country's most pressing problems.
"The entrepreneurial spirit is what drives him; This is what India needs," Adani said, per the Times of India.
"That is why there are so many unicorns in India and we need to celebrate it."
The startups include Dwek Mobility, which has developed a device that can be bolted on to any bicycle to turn it into an electric vehicle in minutes; Marut Drones, which makes smart drones that can be used in multiple agricultural applications; OEnergy Solar, which is working on making solar solutions affordable and accessible to all; and PRESPL, which provides green and sustainable biomass solutions.
Adani said the conference was meant to provide a platform for social entrepreneurs to "develop and bring their ideas to life," per the Times of India.
The conference is part of Green Talks, a non-profit open platform that brings together
A customized collection of grant news from foundations and the federal government from around the Web.
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.