Pipal Tree Ventures was honored by Mr. Nitish Kumar, CM, Bihar on 31st January 2014, for the good work PTVPL have been doing in Bihar over last three years. Pipal Tree was awarded first price in the skills category during Bihar Innovation Forum II.
As part of Bihar Innovation Forum II, Bihar government (Jeevika) scrutinized around 2200 entities which are doing work across Bihar. The team did detailed due diligence in the field since April 2013, verifying effectiveness of the models and finally selected only three winners in each category (there were totally nine categories - other categories were related to farming, energy, live stock etc.). Pipal Tree was selected as the best one (first price) in the Skills category. This exercise is carried over only after 7 years (Bihar Innovation Forum-I was held in 2007). In addition to Mr. Nitish Kumar, Principal Secretaries, Head of World Bank, Head of IFC, Bill Gates Foundation, Professors from IIM, IRMA etc. were present for this event and some of them were part of the juries.