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WeeklyHello 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 26, 2023 - Mar 05, 2023
S4S Technologies, converts farm losses to value-added products
The startup provides a platform to convert lower-grade farm produce into food ingredients using its patented solar-powered food processing system.
GrowiT India - An Agritech Startup raises Rs.50 Lakhs
The startup aims to manufacture products that ensure optimum quality and yield for the Indian Agricultural & Farming Industry while lowering its carbon footprint.
Pune-based Flash Electronics collaborates with Slovenia’s GEM Motors
Under the new partnership, both brands will manufacture hub motors in the range of 1kW to 15kW for application in various categories of electric vehicles.
Altigreen is set to introduce a large passenger carrier next year to replace diesel three-wheelers used in district towns and villages
The company is testing a four-wheeler EV prototype for intra-city cargo transportation.
Bengaluru-based Ather Energy plans to raise approximately $250 million
The company has obtained a revenue of over ?2,000 crore, in January and is likely to hit the $1 billion revenue figure by the end of this year.
Electric cab service company Evera has raised $7 million from investors led by Germany's IEG Investment Banking Group
Evera has B2C and B2B offerings, with B2C customers largely coming from the airport category and the B2B customers being corporate companies that would want a pickup and drop facility for their employees.
BluSmart to expand business with two manufacturing units of its own
BluSmart Mobility, is an Indian ride-sharing company, headquartered in Gurugram, India, founded by Anmol Singh Jaggi, Punit K Goyal and Puneet Singh Jaggi
Bounce Infinity to launch E1 Limited Edition Electric Scooter In India
E1 has a swappable 1.9 kWh battery that, according to the company, can be fully charged in four hours.
Carbon Clean's Co-Founder, Prateek Bumb, offers his insight on the role of carbon capture
The company offers solutions to accelerate the global deployment of CCUS, especially in hard-to-abate sectors such as cement, steel, refineries and energy from waste.
Fyn Mobility, an integrated EV ecosystem platform, has partnered with Exponent Energy
The partnership will serve to scale up fast charging EV fleet, and targets expansion to 6 cities.
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
