Clary Castrission

Clary Castrission

CEO of 40K Group Australia (Australia)

After graduating as a lawyer in Sydney Australia, Clary was accidently turned into a social entrepreneur when he took a life-changing trip to India where he was appalled by the deplorable living conditions of the people who lived and worked at the quarried of Bangalore and the lack of foresight for their children’s futures.

The first 5 years of 40K’s life was dedicated to building a school for severely underprivileged kids outside Bangalore. That opened in 2010 and currently has 300 kids enrolled.

After the school opened, Clary set about chaining the business model for 40K away from philanthropy towards social business. 40K changed both its education project focus in India so that it could become more scalable, as well as it’s funding model. Today 40K runs learning pods for 1,000 children that teach English for primary aged children through technology. The pods break even point for the pods is when 34 kids from a village pay $4/month (see www.40kplus.com ). 40K also runs a program for Australian university students called Globe, where they spend a month in Bangalore building social businesses. There are 300 Australian students per year that participate in the program (see www.40kglobe.com.au) .

40K has won the 2016 Google Impact Challenge Technology Against Poverty Prize, co-administered with the Department of Foreign Affairs and Trade, as well as the Australian Social Enterprise Innovation Award in 2016. Clary has spoken at TEDx and the United Nations about his ideas of “Innovation by Restriction” in 2013, was awarded the Medal of the Order of Australia for his work associated with 40K, on the Australia Day Honours List in 2014.