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May 19, 2014 at 11:23

2 Young Entrepreneurs Sell P.Cs To The Needy & Still Earn A Profit. Their Business Model Is Epic

by Suparn

Did you know that less than 1 in 10 households and less than 1 in 20 small businesses in India have a computer? For greater access to information and opportunity, India needs around 600 million affordable computers over the next decade. But here’s the real question, “Where the hell do you get 600 MILLION affordable computers?” Renew IT is a business based in Bangalore that is seeking to solve this problem. They source branded computer systems from corporate offices, refurbish them and make them available to low-income famiies, NGOs and schools at a fraction of the price of new branded computers. Here’s a double thumbs up for Indian ingenuity.

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