At the CLIMAFIX Summit 2023, leaders and innovators converged to delve into the pressing issue of water sustainability. Among the esteemed speakers were Mridula Ramesh from Chennai Angels, Aditi from Caspian Impact Investments, Krunal Patel from Indra, Ganesh Shankar from FluxGen Tech, and Prabha Nagarajan from Open Water. Let’s dive into the insightful discussions and innovative solutions presented at the summit.
Mridula Ramesh, Chennai Angels:
Mridula set the tone by highlighting the urgency of addressing water sustainability. Drawing parallels to the Titanic tragedy, she emphasized the need for lifeboats on our sinking planet, urging a shift from mere mitigation to proactive solutions. She also stressed the critical role of startups in providing these lifeboats.
Aditi challenged the perception of water sustainability as economically unviable. She emphasized a paradigm shift driven by a silent revolution in corporate sustainability initiatives. Aditi expressed Caspian’s commitment to funding water-related ventures, debunking the notion that water projects are the “stepchild” of investment portfolios.
Krunal introduced Indra’s innovative physio-electrical treatment technology for wastewater. He highlighted its scalability and cost-effectiveness, debunking the myth that electrically-based solutions are inherently expensive. Krunal underscored the importance of consistent and predictable water treatment, essential for attracting business investments.
Ganesh echoed the scalability challenges faced by startups, particularly in sales and distribution. He emphasized the need for partnerships and market identification to overcome bottlenecks. He also discussed the evolving landscape of water sustainability, foreseeing a shift towards B2B models driven by corporate sustainability agendas.
Prabha Nagarajan, Open Water.in:
Prabha highlighted Open Water’s compact modular system for wastewater treatment, drawing parallels to consumer technology adoption. She envisioned a future where climate sustainability gains widespread appeal and emphasized the potential for B2C markets to emerge as awareness grows and consumer demand for sustainable solutions increases.
Throughout the summit, themes of scalability, market viability, and corporate sustainability emerged as key focal points. The speakers showcased a diverse array of innovative solutions, from advanced treatment technologies to compact household water recycling systems. As the world contends with escalating water challenges, the CLIMAFIX Summit provided a platform for collaboration and innovation towards a more sustainable future.
