13
September
2021
|
08:30
Europe/Amsterdam

Grant receiver Sohum on how Prosus SICA helped the company move forward (VIDEO)

Grant receiver Sohum on how Prosus SICA helped the company move forward (VIDEO)

World Health Organization (WHO) estimates that more than one billion people worldwide live with some form of disability. With rapid ageing of the global population and the increasing prevalence of non-communicable diseases, this number is set to increase. According to WHO, by 2030, at least two billion people worldwide will need some form of assistive technology. 

Assistive technologies can go a long way in empowering people with disabilities and enabling them to contribute to society. A good example is a humble eyeglass. Today, six in ten people use spectacles or contact lenses to counteract poor vision – a condition that used to be considered a serious disability up until a few hundred years ago. 

In India, there are over 70 million people living with some form of disability. However, due to low literacy levels, social stigma, and lack of opportunities, they remain one of the most excluded members of Indian society. As a result, a large number of children with disabilities stay out of school, disabled adults are likely to be unemployed, and families with a disabled member tend to be economically weaker. Coupled with a geriatric population of over 140 million people, a system that is under tremendous financial stress at both the household and national levels. 

To support entrepreneurs and technologies that help people with disabilities lead an empowered life, Prosus launched the Social Impact Challenge for Accessibility (SICA) in partnership with Startup India and Social Alpha (Tata Trusts) in 2020.

Sohum

Prosus SICA 2020 grant receiver Sohum Innovation Labs has created a highly accessible device that has been designed to detect hearing impairment amongst infants and small children. The Sohum device allows for a non-invasive procedure that captures a child’s response to sound stimulus in just 90 seconds.

Sohum Innovation Labs is based in Bengaluru, India and was founded by Nitin Sisodia. Hear what his ambitions are with the company and how Prosus SICA helped to drive Sohum forward.

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About Prosus

Prosus is a global consumer internet group and one of the largest technology investors in the world. Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities.

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Do you have a startup that does great things for people with disabilities? Then we welcome you to apply now. The application period ends on 19 October 2021. For more information on the programme, please visit our Prosus SICA page.

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About Prosus

Prosus is a global consumer internet group and one of the largest technology investors in the world. Operating and investing globally in markets with long-term growth potential, Prosus builds leading consumer internet companies that empower people and enrich communities. 

The group is focused on building meaningful businesses in the online classifieds, food delivery, payments and fintech, and education technology sectors in markets including India, Russia, and Brazil. Through its ventures team, Prosus invests in areas including health, logistics, blockchain, and social commerce. Prosus actively seeks new opportunities to partner with exceptional entrepreneurs who are using technology to improve people’s everyday lives.

Every day, millions of people use the products and services of companies that Prosus has invested in, acquired or built, including 99minutos, Avito, Brainly, BUX, BYJU'S, Bykea, Codecademy, DappRadar, DeHaat, dott, ElasticRun, eMAG, Eruditus, Flink, GoodHabitz, Honor, iFood, Klar, LazyPay, letgo, Meesho, Movile, Oda, OLX, PayU, Quick Ride, Red Dot Payment, Remitly, Republic, Shipper, SimilarWeb, Skillsoft, SoloLearn, Swiggy, Udemy, Urban Company and Wolt.

Hundreds of millions of people have made the platforms of Prosus’s associates a part of their daily lives. For listed companies where we have an interest, please see: Tencent, Mail.ru, Trip.com Group Limited, and DeliveryHero.

Today, Prosus companies and associates help improve the lives of more than 2 billion users globally. 

Prosus has a primary listing on Euronext Amsterdam (AEX:PRX) and secondary listings on the Johannesburg Stock Exchange (XJSE:PRX) and a2X Markets (PRX.AJ). Prosus is majority-owned by Naspers.

For more information, please visit www.prosus.com.