Dr. Soumitro Chakraborty, CEO- Fiinovation

We ensure sustainable, simplistic and scalable development | Dr. Soumitro Chakraborty, CEO- Fiinovation

“Our vision is to ensure development is not only sustainable and easy-to-access but, also simplistic and scalable” Dr. Soumitro Chakraborty, CEO- Fiinovation

Driven by the need to bring about constructive and significant social change, Dr. Soumitro Chakraborty meticulously strategized and implemented several noteworthy CSR and Sustainability programmes across India in partnership with diverse corporations and NGOs over last 10 years.

With an aim to build an institution that may consistently bridge the gap between corporates and civil bodies, Dr. Chakraborty laid the foundation of Fiinovation back in 2009 and put together ‘Asia’s First Proposal Design Laboratory’ on CSR and Sustainability. Over the years, Innovative Financial Advisors (Fiinovation) has been growing outstandingly and has set several paradigms in country’s social sector through its top-notch services. The company has been able to bridge the gap between businesses and communities through value-based CSR programs in collaboration with reliable civil society organizations across India in the sphere of health, environment, education, and livelihood.

At Fiinovation, the approach towards consulting services in CSR Policy Design and Partnership Management demands an understanding of every stakeholder’s requirement, thereafter, the policy draft, partnership and program is defined. The research-based firm identifies and selects credible implementing partners with relevant experience for the programme and holds a command on community mobilization while it also has an expertise in mitigating ground-level risks when required. The process involves a rigorous assessment of CSOs based on their past work and affirm multiple meetings at different levels with corporate houses. Furthermore, rigorous primary and secondary studies are conducted to understand the demography of the operational area, moreover, different government policies and schemes are taken into consideration to present a holistic picture.

Fiinovation Practices

As a comprehensive CSR consultant and technical partner, Fiinovation customizes the various welfare activities and ensures the achievement.

Fiinovation holds expertise knowledge in the following practices.

Initiative Design & Management for Corporations & SME’s
Initiative Implementation
Monitoring & Evaluation
CSR-CSO Partnership
Impact Assessment
Monitoring and Evaluation
Development Communications
Social Return on Investment (SROI)

Today, Fiinovation has its footprints across India and has successfully implemented various projects. One such project is being implemented with Uflex Limited, which is intended at natural resource conservation and optimization initiatives in Bhind District of Madhya Pradesh, and Gautam Buddha Nagar in Uttar Pradesh.

In partnership with Fiinovation, Uflex Limited successfully rolled out rainwater harvesting and plantation interventions through the implementation agency AROH Foundation. Currently, other than UP, the program is being executed in Malanpur in Bhind District of Madhya Pradesh. The initiative aims to build the capacity of the community to conserve and optimize the natural resource base. The project was recently acknowledged by ABP News CSR Leadership Award Jury as the ‘Best Environment-Friendly Project’. Amongst other corporates houses, the JK Tyre Industries too partnered with Fiinovation for conducting an impact assessment of ‘Adult Literacy Project’ in Kankroli (Rajasthan), Morena (Uttar Pradesh) and Mysore (Karnataka) sometime back.

Presently, Fiinovation is also working on multiple environment-based projects. One of them being, an environment and livelihood project with PI industries ltd. PI Foundation, a Trust supported by PI Industries Ltd, which is intended at ‘Income Generation Program through Sustainable Agriculture’ among the farmers in Odisha. As a part of this project, the sustainable agriculture practices entails the adoption and mainstreaming of the Good Agricultural Practices (GAP) along with the small and marginal farmers. The intervention lays emphasis on agricultural practices which are less expensive, sustainable and require a lesser amount of water, energy resources, and labor.

Contextually, the project aims to skill over 1000 farmers by giving hands-on training on the working of seed drillers, sowing method, insect pest management, judicious use of farm inputs and other extended services over the next two years, thereby aiming to enable agriculture on the sustainable lines of production in the Rayagada district of Odisha. The project operates in 7 districts of Odisha to ensure livelihood security and improvement in the quality of life of the farmers. It is expected that this project will set an example for other corporations too, and investments in sustainable agricultural interventions can surely looked at by more corporate houses. Similar projects can impact the livelihood of our farmers and also help educate them to practice sustainable methods which are favorable to the ecological support system.

Actually, Vinay is a writer by chance and writing is one of his passion. He love to pen down his thoughts in the form of blogs/articles & forums. He is a poet too :) Despite having a tough life, he is also passionate about the social relationship and he loves to interact with the new crowd across the globe.

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