A passionate team working towards
creating sustainable impact

Who we are

Since its inception, ICICI Foundation has designed developmental ecosystems that solve problems in livelihood, environment conservation, healthcare and skill development sectors. This ground-up change involved empowering SHGs, producer organisations and small-scale entrepreneurs to run a nano or micro enterprise profitably. Initially, we designed business ecosystems that bridge the technical and managerial knowledge and skill gap between rural and developed markets through the value chains. As these micro-enterprises projects evolved, stabilised and became profitable, we deduced that the next growth spurt in rural India will come from - the disruptive and powerful force of start-ups.

Socially conscientious start-ups will create more than a paradigm shift. They will create unique perspectives on fundamental rural problems, incorporate new approaches, create radical products and establish new services addressing rural socio-economic concerns. Therefore, we are determined to boost these start-ups to a sustainable level.

Our Team

Suketu Kumar

Suketu Kumar

Head - IINpact

Suketu Kumar is a seasoned investment professional. He has over 2 decades of experience across multiple domains and profiles ranging from Private Equity, Project & Corporate debt, M&A and consulting. He is currently the Head of Operations and Head – Rural & Value Chain at ICICI Foundation, where he has been working since the last 4 years. Prior to joining ICICI Foundation, Suketu worked at ICICI Venture, a premier Private Equity institution for over 12 years. While working at ICICI Venture, Suketu has worked on transactions across multiple sectors, ranging from consumer, logistics, BFSI, auto components, telecom, roads, media, industrials, power, etc.

Harsh Zalavadiya

Harsh Zalavadiya

Incubation Lead

Mr. Harsh Zalavadiya holds the position of Incubation Lead at Icici Foundation for Inclusive Growth. He has worked in the startup ecosystem for more than 3.5 years. Under his direction and mentoring, more than 135 startups are being incubated and raised almost 2 crore grant in aid fund from central as well as state government. He is an expert in the fields of agriculture and allied sectors. He has experience with several central and state government’s startup programmes, including RKVY RAFTAAR - Agribusiness Incubator by Ministry of Agriculture and Farmers Welfare, Government of India, Student Startup and Innovation Policy funded by Government of Gujarat, Prime Minister Formalisation of Micro Food Processing Enterprises Scheme by Ministry of Food Processing Industries, Government of India, Scheme of Assistance for Startup/Innovation, Gujarat Industrial Policy.

Our Partner

XIM University is a private unitary University established in accordance with the Xavier University, Odisha Act, 2013, and Xavier University, Odisha (Amendment) Act, 2021, carrying forward the 35-year-old legacy of Xavier Institute of Management, Bhubaneswar (XIMB), reckoned as one of the premier B- Schools of the country.   Presently the University hosts twelve schools offering Doctoral, Master, and Undergraduate programs.  XIM University's identity is distinguished by its philosophy of ‘Inspiring Futures’ by not just walking the well-trodden path but striking out and exploring new paths. There is a clear intent to be the first to respond to society's needs and enable the building of sustainable communities. All activities of the University are guided by the values of integrity, excellence, inclusivity, compassion, and sustainability.

XIM university

XIM University

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