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India Climate Startups Update

Startup Update

Ecozen, a Pune-based deep tech startup, raises $25 million in combined equity and debt capital

2023-01-25 |

The Series C round's equity portion was led by Nuveen and Dare Ventures, with participation from Export-Import Bank of India.


  • Climate-smart Deeptech Solutions for Agriculture

Source


Notes by Narsi

Interesting to note the following: "The Company is also looking beyond the agricultural sector to accelerate the broader energy transition through its deeptech expertise in energy storage, motor controls, IoT and analytics. The company estimates the market size for its innovative technology stacks in India to grow to $25 billion by 2025."