Samakhya Empowers Pastoralists, Targets ₹1 Crore Revenue in FY25
In a bold move to revive the traditional wool market and empower pastoralists, Prerna Agarwal, Shwetambara Ujjain, and Danish Choudhary founded Samakhya, a for-profit social enterprise that is making waves in the country’s built industry. By bringing together pastoralists and providing them with a platform to sell their natural fibers, Samakhya is not only increasing their income but also promoting sustainable and eco-friendly products.
The story of Samakhya began when the three entrepreneurs realized that the traditional wool market was facing a severe crisis. The lack of a reliable supply chain and the dominance of synthetic materials had pushed the market to the brink of collapse. At the same time, pastoralists, who were the traditional producers of wool, were struggling to make ends meet. The trio saw an opportunity to revive the market and empower these marginalized communities.
Samakhya’s innovative approach is to directly buy wool from pastoralists and use it to create natural fiber-based products such as Honeycomb Panels and Sound Baffles. These products are in high demand in the country’s built industry, particularly in construction and architecture. By cutting out the middlemen and providing pastoralists with a direct link to the market, Samakhya is able to offer them a fair price for their products.
The impact of Samakhya’s efforts has been significant. The company has already empowered over 100 pastoralists, increasing their income by three times. The pastoralists, who were previously struggling to make a living, are now able to earn a steady income and invest in their families’ well-being.
Samakhya’s products, too, have gained popularity in the market. The company’s Honeycomb Panels, for instance, are made from natural fibers such as wool and jute. These panels are not only eco-friendly but also provide superior sound insulation and fire resistance. Similarly, Samakhya’s Sound Baffles are designed to reduce noise pollution in buildings. These products have been certified by leading construction companies and architects, who are increasingly looking for sustainable and eco-friendly solutions.
Despite the challenges faced by the company, Samakhya is eyeing a revenue target of ₹1 crore in the current financial year. The company plans to achieve this target by expanding its product range and increasing its production capacity. Samakhya is also exploring new markets and partnerships to further increase its revenue.
The success of Samakhya is a testament to the power of innovation and entrepreneurship. By identifying a gap in the market and creating a sustainable solution, the company is not only empowering marginalized communities but also promoting eco-friendly products. As the company continues to grow and expand, it is likely to make a significant impact on the country’s built industry and the lives of thousands of pastoralists.
In conclusion, Samakhya’s story is a shining example of how entrepreneurship can be used to create positive social change. By empowering pastoralists and promoting sustainable products, the company is making a significant difference in the lives of many. As the company continues to grow and expand, it is likely to inspire others to follow in its footsteps and make a positive impact on the world.
