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Current company Rainmatter Foundation
Non-Profit Organizations · 26 employees · Founded 2021 · Bangalore, India
Rainmatter Climate Foundation is a Zerodha-sponsored initiative focused on fostering and assisting ideas that help preserve and regenerate ecosystems. We believe that this needs both direct interventions as well as the enablement of larger platforms that involve a mainstream understanding of the need and benefits of these efforts while also scaling participation in them beyond the philanthropic efforts of a few. Indeed we do not see this as charity; it is an investment into our own future and wellbeing. Amongst our core beliefs is that moving to a green economy and creating green jobs is an essential part of the changes needed for a better ecology. We also think that this needs to happen in a distributed fashion across geographies, with value and job creation everywhere and not being limited to a few urban centres. Reversing both migration and concentration of value, wealth and resources are a major need towards this and will also need a strengthening of public goods and services across India. Rainmatter Climate Foundation is uniquely positioned to influence these efforts in terms of the market and technology skills and partnerships we bring to the table. Additionally, we are committing a $100mn fund towards this over the coming few years. This will be disbursed as grants and funding for projects in the above directions that become replicable models. It will also be used for the creation of open, collaborative platforms that cross-pollinate and scale many good ideas and successful experiments and help create a green economy everywhere. This includes our commitments to funding open-source efforts that help create projects and platforms for climate change and related efforts. Rainmatter Foundation is also incubating and investing in entrepreneurship that helps with these directions and helps move towards a greener, more equitable, and lower footprint economy.