Climate tech startup Newtrace has raised $6.3 million (Rs 56.93 crore) in a pre-Series A round led by HDFC Bank and Mitsui Sumitomo Insurance Venture Capital.
The round also saw participation from Peak XV Partners’ Surge, Aavishkaar Capital, Speciale Invest, Micelio Technology Fund and angel investors Manish Prataprai Gandhi and Renu Manish Gandhi.
Entrackr had exclusively reported the current development last month. Prior to this round, Newtrace has raised over $6.5 million to date including its $5.65 million round raised in May2023 led by Peak XV…

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