Oscar-winning film director Shekhar Kapur has signed a memorandum of understanding (MOU) with Grameen Creative Lab to create an investment fund for water-related social businesses in India. Mr Kapur, who is passionate about water-related issues in India and is currently working on his new film “Paani” (“water” in Hindi), will act as ambassador for the fund.
Kapur signed the MOU together with Nobel Peace Prize winner and founder of the Grameen Bank Prof. Muhammad Yunus during the second Global Social Business Summit held in Wolfsburg, Germany, from 4-5 November 2010.
In 2008, the Grameen Bank and Veolia Water set up Grameen-Veolia Water Ltd to supply drinking water to the poorest people of Bangladesh.
Prof. Yunus made an appearance in October 2010 in the US cult-cartoon series The Simpsons.