Over the course of five years, Hindustan Computers Limited (HCL) will contribute USD 15 million to UpLink, the open innovation platform of the World Economic Forum, for the purpose of aiding innovation around water conversation and management.
The intention is to accelerate the innovation agenda for water and create a first-of-its-kind innovation ecosystem for the global freshwater sector on UpLink, called the Aquapreneur Innovation Initiative.
“Today, freshwater resources globally are extremely burdened and every fifth child on this planet faces water scarcity,” said Roshni Nadar Malhotra, CEO of HCL Group and chairperson of HCL Technologies.
“At HCL we want to make every effort to help resolve this global crisis. Our partnership with World Economic Forum’s UpLink platform is a step in this direction and our ecosystem approach can be truly transformative. Together we will not just encourage and scale innovations in this critical area, but also help build capacity amongst water-focused entrepreneurs - aquapreneurs - to execute on the innovative solutions,” Roshni added.