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CLIMAFIX Weekly - Week Starting Feb 19 2023

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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.

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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. 

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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.

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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.

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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.

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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”.

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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.

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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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Thank you for reading this edition of the CLIMAFIX Weekly. For feedback & suggestions, please send a note to ask@climafix.in

Narasimhan Santhanam (Narsi), Co-founder, CLIMAFIX

See all editions of the CLIMAFIX Weekly here

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