Acumen has invested in Resham Sutra to support the sustainable production of wild silk in rural India, enhancing livelihoods for marginalized women through innovative technologies and eco-friendly practices.

Information on the Target

Resham Sutra is a pioneering enterprise focused on revolutionizing the production of wild silk in rural India. Its mission is to enhance the livelihoods of marginalized women by introducing innovative production techniques that replace traditional, labor-intense methods. This initiative not only aims to improve efficiency but also seeks to foster a sustainable and profitable business model centered around environmentally friendly practices.

The company has developed 12 advanced machines powered by renewable energy, designed for various stages of silk production, including reeling, spinning, twisting, and weaving. Most of these machines are equipped with portable solar panels, empowering women in areas lacking reliable electricity access. Resham Sutra's approach has led to significant increases in productivity and income, demonstrating its potential to transform the local silk industry while minimizing its environmental impact.

Industry Overview in India

The silk industry in India holds a significant position in the global market, being the second-largest producer of silk after China. This industry not only provides employment to millions of people but also plays a crucial role in the

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Acumen

invested in

Resham Sutra

in 2024

in a Other VC deal

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