Jan 17, 2019; Bangalore: N/Core, the Bangalore based incubator for non-profit start-ups, today celebrated the
graduation of ten non-profits solving problems of poverty through innovative solutions in education and housing.
The open cohort received over 1150 applications from architects, educators, and artists, which was jointly supported
by Mphasis F1 Foundation (Mphasis’s CSR arm), Omidyar Network and D.E. Shaw India CSR. These start-ups
showcased their solutions at Soiree – an exclusive Demo day for a gathering of 80+ High Net-Worth Individuals(HNIs),
Philanthropic institutions, CSR heads and sector leaders at the CoWrks in Bangalore.
Among the graduating start-ups are:
• Manzil Mystics and Slam Out Loud, both Delhi based non-profits, using music and performing arts to build
life-skills among children in public schools and shelter homes
• Chennai based Madhi Foundation and Pune-based start-up, Leadership for Equity are improving the
effectiveness of public school systems
• Right Walk Foundation based in Lucknow is improving access to Right To Education (RTE) for all children
• Bangalore-based Anthill Creations is making play inclusive through well-designed play escapes while Bridges
of Sports is uplifting undeserved and marginalized communities through sports.
“Innovation, Scale and Speed are core values of N/Core. This cohort has embraced these values and demonstrated
an immense commitment to solving complex problems and delivering meaningful impact” – said Santosh Charan,
Portfolio lead for N/Core.
Commenting on the talented change makers working towards a more inclusive society, Meenu Bhambhani, Vice
President & Head – Corporate Social Responsibility, Mphasis, said: “It requires courage, empathy, and willingness
to tread on a path less traveled, especially for those who are undeserved . These young, capable founders have
demonstrated exactly that. We are very excited by what this cohort has to offer and are delighted to fuel their
aspirations to make a difference at a large scale.”
The cohort also has notable diversity in thematic areas in which the entrepreneurs work. N/Core’s collaboration with
Omidyar Network on solving undeserved problems in land and housing has led to incubation of billion-bricks,
working to end homelessness through their innovative, energy positive houses. MyCityMoney is focused on
improving financial prudence in government spending. Eco-habitats, has developed housing under INR 4.5L that
offers a dignified living to low-income communities. Inspired by this early success, Omidyar Network and N/Core
have committed to a 3-year partnership to discover and nurture top talent working in land and property inclusivity.
N/Core is committed to incubating 100 start-ups over 5 years. Incubation includes an innovation grant of INR 10
Lakhs to each selected non-profit. Selected founders will also be personally mentored by renowned leaders namely,
Madhav Chavan, founder of Pratham; Kamakshi Rao, formerly Senior VP at Capital; Sanjay Purohit, ex-Chairman of
Infosys Consulting; K R Lakshminarayana, Chief Endowment Officer of Azim Premji Foundation; Ujwal Thakar, ex CEO
of Pratham; and S K Jain, co-founder of West-bridge Capital.