Dalberg strengthens its innovation capabilities through the acquisition of Ravel Innovation

As a result of this acquisition of Ravel, the teams will be able to help clients across the innovation spectrum, including building and running in-house incubators/accelerators; running innovation processes for specific problem statements; supporting young social enterprises to effectively scale; building global innovation platforms and more broadly, helping investments in innovation be more socially impactful.

“We see tremendous value in bringing Ravel’s expertise to our clients who are seeking to unearth and scale innovative ideas for addressing the most pressing development challenges. The acquisition allows us to meaningfully engage with risk-takers looking to make a real dent in the challenges of today and the future. Importantly, the two organizations share a common ethos of keeping social impact at the center of the problem statements we take on,” said Gaurav GuptaPartner and Regional Director for AsiaDalberg Advisors.

“Over the past 10 years, since I started Impact Hub Singapore back in 2012, I have seen how social and environmental citizenship has evolved amongst our corporate and governmental clients – from an afterthought to a core belief, from maximizing shareholder value at all costs to optimizing for total stakeholder responsibility. As the first Google for Startups partner in Southeast Asia, our community has grown to over 28,000 innovators. I am beyond thrilled for Ravel to join the Dalberg global family and be able to extend our services and impact to an even wider audience”, said Grace Sai, Founder and Director, Ravel Innovation.

Through this acquisition, which will be housed in the Singapore office that opened in 2019, Dalberg will greatly expand its innovation network in Southeast Asia including continuing to serve marquee public and private sector clients. This adds to the strong growth being experienced in Dalberg’s Singapore office and the region in sectors such as agriculture, digital transformation, and tourism. It establishes Dalberg’s team in Singapore As one of the largest impact advisory organizations in the country.

About Dalberg

Dalberg is a leading social impact advisory group that brings together strategy consulting, design thinking, big data analytics, and research to address complex social and environmental challenges. It works collaboratively with communities, institutions, governments, and corporations to develop solutions that create impact at scale.

About Ravel

Founded in 2012, Ravel Innovation builds, designs and runs an ever-growing ecosystem of spaces, communities and corporate innovation programs. Having worked with more than 100 organizations, it combines organisational psychology, startup-driven methodologies and an unparalleled network of global talent, technologies and experts to create real impact for their clients, who in turn, go on to change the world. It was also Google for Startup’s first partner in Southeast Asia.

Media Contact:
Karishma Kra
Director of Strategic Communications
E: karishma.kram@dalberg.com

Shweta Ramesh
Brand Communications Associate
E: shweta.ramesh@dalberg.com

Image: https://mma.prnewswire.com/media/1829493/Gaurav_Gupta.jpg
Image: https://mma.prnewswire.com/media/1829494/Grace_Sai.jpg
Logo: https://mma.prnewswire.com/media/1829492/Dalberg_Logo.jpg
Logo: https://mma.prnewswire.com/media/1829495/Ravel_Innovation_Logo.jpg

SOURCE Dalberg

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