In an important case study titled "Omidyar Network: Pioneering Impact Investment," HBS researchers create for MBA students a scenario where management at ON must decide whether or not to invest in Anudip and its sister company, iMerit.
Anudip Foundation has received the prestigious NASSCOM Social Innovation Honors 2012 award from Kapil Sibal, India's Union Minister for IT, HR and Telecom before a audience of the cream of the country's IT industry at the NASSCOM Leadership Forum in Mumbai.
Anudip Foundation attended the annual Omidyar Network Executive Forum for the first time. In this picture from the event Dipak and Radha Basu pose with Matt Bannick, Dena Trujillo and Susan Phillips of ON.
Omidyar Network announced a grant of up to USD $650,000 to the Anudip Foundation. Anudip will use the four-year grant to scale its skills-training and entrepreneur-development operations in eastern India.
In the fall of 2010, Anudip officially launched an intensive 6 to 8 week training program called MAST, an acronym that stands for Market-Aligned Skills Training. As of March 31, 2011, we have trained and placed over 600 graduates.
Our targets for the current 2011/2012 fiscal year have us training and placing over 2500 students. In addition, we plan to expand our training center locations to roughly 20 over this period
Anudip has recently hired 15 new specially trained graduates from its MAST program to join our growing work team at Metiabruz, a predominantly Muslim area about 1 hour outside of Kolkata. Our Metiabruz MERIT center has now grown from 20 to 35 people, and is 100% staffed by local women who we are thrilled to have as part of the Anudip community. Most are earning their first livelihood and still living at home supporting their families.
On April 8th, Anudip CEO Radha Basu and Business Development Manager Jessica Sawhney co-presented a multimedia talk entitled "A Holistic Approach to Enterprise Development: A Case Study from India."
Radha and Jessica showcased Anudip's holistic approach to training, placement, entrepreneurship and project services, and how Anudip provides an innovative model for addressing poverty in rural areas and urban slums.