ennovent has appointed Tripat Preet Singh as Managing Director to manage its Sustainable Enterprise Fund.
Tripat has 14 years of experience in founding, funding and supporting early stage businesses. He has been passionately supporting more than a dozen entrepreneurs through mentoring and angel investing. Till recently, he was working as a senior associate with NEA-IndoUS Ventures, and focused on opportunities in Clean-tech, Education, Healthcare, Consumer Services, Retail, Manufacturing and Internet Services. Earlier, he co-founded a boutique i-bank firm and an ICICI venture funded sourcing services company in 2000. Tripat is a Chartered Accountant and an MBA from the prestigious Faculty of Management Studies (FMS), University of Delhi. He also completed a course in venture capital and entrepreneurship from the Indian School of Business (ISB), Hyderabad.
“We are fortunate to have someone of Tripat’s caliber leading ennovent’s India operations. He perfectly complements our global team with strong financial, social and environmental experience with his strong local experience in business, finance and investments in India,” said Peter Scheuch, Founder and Managing Director of ennovent.
“I am inspired by the idea of impact investing and supporting early-stage businesses at the base of economic pyramid. This is an opportunity for me to use my experience to contribute and help build sustainable businesses with triple bottom line impact.” said Tripat.
About ennovent and its Sustainable Enterprise Fund:
ennovent is an Austria based enterprise with a mission is to promote entrepreneurs who advance innovations for sustainability at the Base of the economic Pyramid (BoP).
Its Sustainable Enterprise Fund is an India-focused venture fund sponsored by the Scheuch Family Trust. This fund focuses on sectors including energy, food, water, health and education with a thesis that positive social, economic and environmental value can be created while generating financial returns. It invests in for-profit enterprises from all over the world run by visionary entrepreneurs who have found innovative ways to address some of the India’s most pressing sustainability challenges.