Region of operation
Karnataka, Tamilnadu, Andhra Pradesh
74 Wheeler Rd, Suite 402, Cox Town. Bangalore Country: India Zip: 560005
People have unmet essential needs while there exist essential technologies to meet these needs. There is an accessibility gap.
Key product / Service
Low-cost, Reusable water filter, Irrigation devices
Number of beneficiaries
Awards and recognition
Funding and Operating Model
Total funding raised
|Name||Round||Amount Raised||Type of Funding||Announced On||Web URL|
|3rd Creek Investments, Inc. (3CI)||2016/01/26||http://www.3rdcreek.com/3rd-creek-foundation/2016/1/25/new-impact-investment-with-essmart|
Essmart’s model allows the poor themselves to decide what products they need to improve their own lives.It creates a marketplace for these essential goods in their local retail shop.They bring together market solution and existing village-level relationships to improve local businesses and enable technology access for end users. Essmart’s model has 3 parts: 1. Sales executives demonstrate the product catalogue to local shops and end users through marketing campaigns. 2. A distribution network of villages is created with Essmart-branded section in partner local shops. 3.Training and maintenance services are made available locally. Essmart aims to be the one-stop shop where customers and shopkeepers can come to access a portfolio of products that can improve their lives – and where innovators can come to get their products out to their intended users.Essmart has no competition in terms of operations at a local level.The next step for them is taking their venture to North-West Karnataka.
Partners and key clients
1. Kopernik NGO 2. Global Alliance for Clean Cook stoves 3. Local retail stores
Images and trivia
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