The Parinama Group, headquartered in Mumbai, brings to market high-impact climate technologies leveraging India’s intrinsic strengths (advanced technology, highly educated entrepreneurs and low costs), and then scales and syndicates the solutions to other developing countries.
At Parinama, we are working to identify and vet promising early-stage sustainability and climate change tech companies; build and foster an ecosystem including public, private and non-government organisations; and provide strategic advisory services to businesses, investors and other industry representatives to achieve net zero targets.
We incubate impact-driven tech to create value for Indian – and global – society, as well as returns for our investors. We are particularly focused on new tech developments supporting the mitigation of climate change that are cost-effective and affordable for underprivileged and low-income communities to use.
Climate Tech Development
Climate Tech Development
Climate Tech Development
Ecosystem Building
Climate Tech Development
Climate Tech Development
Strategic Advisory
Climate Tech Development
Strategic Advisory
Why India?
India’s diversity, population size and demographics, economic growth and sectoral split places the country in a prime position to become a global climate leader in investment, policy and strategy for the next 20+ years.
More specifically, India has great potential to become the climate tech hub for Asia and developing nations.
India’s differentiating advantages include and are not limited to:
- domestic ability to build and scale rapidly;
- rich scientific and social science excellence to validate, verify and ensure that the new-age tech innovations deliver what they claim, and are also accessible and affordable;
- the largest single consumer block globally, who are tech-savvy, increasingly educated and have shifting preferences towards sustainable products;
- a historic track record of innovation and entrepreneurism, combined with a cultural trait of always finding a way to achieve what we must – in this case, to create new markets for highly impactful tech that will form part of a focused approach to arrest and reverse climate change, to enable India and the world to meet the UN 2050 Climate Goals.
In addition, India has a coordinated network of family offices and other early-stage investors who are motivated by the potential to create transformational impact through backing new climate tech and are willing to consider long-term investment horizons.
“When investors, businesses, scientists, academics and governments work collaboratively together – for the good of people, societies, the environment and our climate – great things can happen.”
- Parinama Group Co-Founders and Managing Directors
Guneet Banga and Rajiv Kapahi
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