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Profiles of Purpose: Flowers in the River

stanford#stanford gsb#stanford graduate school of business#mba#India#Ganges River#Business#Impact
6K views|4 years ago
💫 Short Summary

Ankit Agarwal founded a company to convert waste flowers into eco-friendly products, addressing pollution caused by temple waste in the Ganges river. Former manual scavengers found dignity and new opportunities working with temple flowers, leading to social impact and increased revenue. The company's innovative approach offers sustainable solutions and profitability, emphasizing the need for collective efforts to make a significant impact on societal problems.

✨ Highlights
📊 Transcript
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Ankit Agarwal creates eco-friendly products from waste flowers.
03:36
Agarwal founded Kanpur Flower Cycling Private Limited to address pollution caused by temple waste in the Ganges river.
The company produces incense and leather-like material from flowers.
They developed a biodegradable alternative to Styrofoam made from flowers.
The innovative approach of the company reduces pollution and offers sustainable solutions to traditional practices.
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Former manual scavengers find dignity and new opportunities working with temple flowers and cleaning the Ganges.
04:42
Employment for these individuals allows their children to avoid scavenging in the future.
Company's success is attributed to a shared goal of social impact and effective management.
Revenue has seen significant growth, with orders secured from major brands.
Emphasis is placed on the importance of sustainable solutions and profitability in solving societal problems, requiring the involvement of many individuals to make a significant impact on the issue at scale.