Hello all -
Welcome to this edition of CLIMAFIX Weekly, the newsletter that provides updates and insights on the Indian climate tech startup & innovation ecosystem.
Here are the updates for this edition, for the period Feb 19, 2023 - Feb 26, 2023
Surat-based electric vehicle startup’s Director, Mr. Tushar Chhabhaya talks about their upcoming product
The high-speed bike, Commander, by Aarya Automobiles Ltd., will be introduced by the end of February 2023.
Okaya has launched its newest model, the Faast F2F electric scooter
Keeping in view the low cost, with a top speed of 55 kilometers per hour (34 miles per hour), it's packing an 800-watt hub motor mated to a 2.2-kilowatt-hour battery pack.
Bhavish Aggrawal’s Ola Electric is set to invest a little over INR 7,600 Cr to set up manufacturing facilities in Tamil Nadu
The EV manufacturer plans to build two facilities – an advanced cell chemistry plant and a four-wheel EV plant.
Banyan Nation uses plastic wastes in quality packaging applications - such as shampoo, detergent, and lotion bottles.
They have produced over 300 million FMCG bottles from recycled plastic for major clients like Hindustan Unilever, Shell, HPCL, and Reckitt.
EV startup River on launched its first electric two-wheeler model
The EV startup, backed by Lowercarbon Capital, Maniv Mobility, Toyota Ventures, has raised a total funding of $13 Mn till date.
Ashaya, creates recycled sunglasses made from empty packets (bags) of chips
The recycled sunglasses made of multi-layered plastics (MLP) were developed at a laboratory in Pune and release under the brand name “Without”.
Mindgrove Technologies, has secured $2.325 million in seed funding led by Sequoia Capital India
The Indian semiconductor start-up's series of three SoCs are designed specifically for Edge signal processing and vision applications.
Plastic bags, foundry waste used to build India’s first carbon-negative toilet
Made from foundry dust and plastic waste, the Silica Plastic Block or SPB is a sustainable and recyclable building material that can be shredded back and turned into new blocks to be repurposed.
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Narasimhan Santhanam (Narsi), Co-founder, CLIMAFIX