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Kuddle Life Foundation: Scaling a Social Entrerprise
Kuddle Life Foundation is a not-for-profit organization founded by Punit Dhandhania and his son, Hansa Dhandhania, in 2020 in Puducherry, India. Kuddle was founded with the aim of rejuvenating coastal fishing waters by creating and maintaining artificial reefs. The dual objectives of the foundation were marine conservation and improving the livelihood of the local fisher communities. The case revolves around the challenges faced by Kuddle in dealing with local governments and the fisher community, as well as in achieving its objective of being financially independent.
Learning Objectives
This case has been designed to enable students to understand the following: · Who are the most important stakeholders for a social enterprise engaged in environmental entrepreneurship? · The financial and regulatory constraints of deploying an ecologically sensitive project. · The challenges involved in engaging with the local community and building credibility and trust with the local community. · Understanding the concerns of social ventures regarding financial sustainability and identifying suitable business models that could balance the economic, social, and environmental goals of such organizations.