Simple Energy to raise $15-20 million in its first institutional round

The electric vehicle startup recently opened its plant at Shoolagiri, Tamil Nadu, built with an initial investment of Rs 100 crore.

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

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

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BiofuelCircle is developing a digital enterprise for farmer producer organisations (FPOs) and farmers

BiofuelCircle’s digital platform has set up a three-sided e-marketplace connecting buyers and sellers along with service providers for transportation, warehousing, and other supply chain services.

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Magenta Mobility has raised $40 million in its Series B funding

Magenta is a EV charging and mobility solutions company backed by HPCL and investors such as JITO Angel Network, LetsVenture, and Indian-American philanthropist, Dr Kiran Patel.

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Hemp, to enable small farmers and women artisans to lift their incomes in Himachal Pradesh and Uttarakhand

The startup Himalayan Hemp uses hemp plants to produce sanitary pad, apparels, bags and shoes, besides protein powder, anti-aging and edible oils, and other cosmetic products.

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LionCharge builds a wide network of EV charging stations to support & increase the EV adoption rate in India

The solutions provided vary from DC fast charging on the move to AC fast charging at home

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Mukul Chhabra’s, ScrapUncle bags an investment offer of Rs 60 lakh for 5% equity

The Delhi-based startup allows users to sell scrap for pre-quoted prices to verified collectors, which is then segregated and recycled.

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Ecoline Clothing produces clothes made from recycled PET bottle waste

All the products of Ecoline Clothing hold the Ocean Bound Plastic Certification, Global Recycle Standard, OEKO-TEX® and ISO certification to ensure traceability. 

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Insectika Biotech Pvt Ltd receives a Rs 100 crore Israeli investment for commercialisation of its product

The startup developed an auto-climatized & decentralised insect farming bioreactor to up-cycle municipal bio-waste & industrialise the affordable insect farming.

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Delhi-based Climatenza Solar develops solar thermal technology to generate energy for industrial applications

Climatenza Solar, founded by Akshay Makar, will be investing $8.4 million for the development of a solar thermal production line for mass manufacturing.

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Zypp Electric raises funds of USD 25-million under series B funding from investors, led by Gogoro

Gogoro and Zypp formed a strategic B2B partnership to accelerate the electric transformation of fleets and last mile deliveries in India.

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Yulu bikes and Magna have gotten into a joint venture to launch Yuma Energy

The company will offer ‘battery-as-a-service’ or, in other words, a swappable battery ecosystem for electric two-wheelers.

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Uravu Labs develops an affordable and sustainable atmospheric water harvesting system

The low-cost modular approach could provide a blueprint for a device that might be capable of harvesting up to 1,000 litres of water a day.

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Yokogawa Electric Corporation makes a US$10 million Series B investment in Ideation3X Pte. Ltd.

i3X possesses technology for producing high-quality alternative fuels from waste. 

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Anjali Bansal’s view on investment in climate-tech and sustainability

Avaana, invests in three sectors - energy and resource management, mobility and supply chains, and climate-resilient agriculture.

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Union budget for 2023-24 focuses on 'green growth', in line with the long term climate goals for 2070

Rs.35,000 crore provided for priority capital investments towards energy transition and net zero objectives.

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