Entrepreneurial thinking surpasses sectoral boundaries. As we transition to a low carbon future, the energy sector has become the hotbed for start-ups focussed on energy, environment, and decarbonisation solutions.
KPMG in India has always valued start-ups as a key driver for the growth of industry and the country. We aim to channelize this entrepreneurial spirit, nurture it, and drive the transformation in the energy sector. With this context, we are pleased to launch the start-up programme for energy, environment and decarbonisation players that aims to create a vibrant ecosystem for KPMG in India and leading start-ups to work together towards solving the challenges of climate change.
As part of the larger open innovation platform at KPMG in India, the programme will identify and onboard select start-ups focusing on this space. We will assist them to create joint offerings and strengthen their value proposition for clients and markets in India & globally. A strong focus will also be on providing mentorship to these organisations in order to accelerate their future growth and enable them to be future-ready to drive change. The end objective is to create a symbiotic ecosystem, and framework for KPMG in India and start-ups to work together – adding value to India’s growth story.
To identify the future-ready start-up portfolio, we will utilize a robust evaluation framework that will funnel start-ups. This process will be complemented by extensive background screening and due diligence of the select start-ups. A key part of this process will be a start-up challenge to recognise India’s leading tech innovators in the energy sector. This will be a continuous process of ideation and engagement that will be run in bi-annual cycles.
We, at KPMG in India, will work closely with these new age businesses to design a bespoke approach and help them secure all the building blocks such as access to mentorship, insights, expertise, access to investors, industry leaders, subject matter experts and networks. These businesses are driving change through innovation and treading ahead as change agents, enabling India to achieve its targets in the field of climate change and sustainability. This programme is an effort by KPMG in India to forge new partnerships in our endeavour to address the challenges of climate change both at a national and global level.