25 September 2008

Alum Companies ClickDiagnostics and SaafWater in MIT Development Ventures Seminar

We had two special MIT alum guest businesses visiting our Development Ventures class today, ClickDiagnostics and SaafWater.
  • ClickDiagnostics is a health services business enabling remote telemedicine via mobiles in the South Asian and African markets. Co-Founder Mridul Chowdhury and colleagues described how their 2008 MIT $100K Entrepreneurship Competition D-Track winning company was born out of our Development Ventures seminar in 2007 and how things have progressed since.
  • SaafWater is a utility service supplying affordable clean water solutions to the South Asian urban market, starting in Pakistan. Co-Founder Sarah Bird described how this venture was born in collaboration with Amy Smith of MIT's D-Lab and went on to win Runner-Up prize in the 2007 MIT $100K D-Track. Sarah described raising seed funds and learning how to build a direct sales distribution network starting in several neighborhoods of Karachi.
Very good to see these young for-profit development-oriented firms blossoming in their respective sectors!

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