Transition VC Closes Maiden Fund At INR 700 Cr

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SUMMARY

The SEBI category-II fund would focus on cleantech startups operating in sub-sectors like e-mobility, green hydrogen, energy storage and climate tech

While half of the fund’s corpus has already been deployed, it plans on backing eight more startups to take its final portfolio count to 25

The VC firm has already invested in 17 startups including CIMware, Comminent, Matel, EMO, HYDGEN, Dynolt, and Promethean

Energy transition-focussed venture capital (VC) firm…



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Transition VC Closes Maiden Fund At INR 700 Cr


SUMMARY

The SEBI category-II fund would focus on cleantech startups operating in sub-sectors like e-mobility, green hydrogen, energy storage and climate tech

While half of the fund’s corpus has already been deployed, it plans on backing eight more startups to take its final portfolio count to 25

The VC firm has already invested in 17 startups including CIMware, Comminent, Matel, EMO, HYDGEN, Dynolt, and Promethean

Energy transition-focussed venture capital (VC) firm…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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