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MNRE issues green hydrogen rules for funding testing & certification facilities
Under the scheme, a total budgetary outlay of Rs 2 billion has been earmarked until the financial year 2025-26. Read more
Robotics firm DiFACTO raises Rs 400 million in funding from Stakeboat Capital
DiFACTO has three factories in Bengaluru, branches in Pune and Gurgaon, and a wholly-owned subsidiary in Michigan, USA. Read more
Merak Ventures seed funds Rs 100 mn in chemical manufacturing platform, Atomgrid
Merak Ventures invests Rs 100 million in Atomgrid, a chemical manufacturing platform co-founded by IIT-BHU alumni, aiming to enhance R&D and global outreach for Indian chemical manufacturers.Read more
Demand surge in Indian battery market underscores pressing need for action
The domestic market lacks raw materials. India does not possess abundant lithium mining resources, says Yvonne ZhangRead more
LOHUM secures $54 million in Series B Funding to expand global market
LOHUM, India's largest producer of sustainable energy transition materials via battery recycling & raw material refining, and battery repurposingRead more
IESA proposes key reforms for India's Energy Storage Sector ahead of budget session
This initiative aims to extend electricity access across the country. In the previous year's Union Budget, Viability Gap Funding for 4GWh of projects was announced as part of a $4 billion 'Green Growth' package.Read more
Adani Green Energy secures record $1.36 bn funding for world's largest RE park
This achievement represents the company's largest project financing to date under the Construction Financing Framework, augmenting the total funding pool to $3 billion since the initial project financing in March 2021.Read more
Aequs raises Rs 448 cr in funding round led by Singapore?s Amansa Capital
Other investors include Steadview Capital, Catamaran, Sparta Group, and other individual investors. Capital to fund entry into new Advanced Technology Products vertical and existing operations.Read more
Garuda Aerospace soars: Pioneering India's drone revolution
The company is gearing up for a pre-IPO funding round in 2024, targeting a substantial investment of $40-50 million with having recently secured $22 million in funding and enlisted cricketer MS Dhoni as its ambassador.Read more
CDIIC, SIDBI partner to boost Coimbatore startups with Rs 2 cr funding
The Codissia Defence Innovation and Atal Incubation Centre (CDIIC) has entered into a funding agreement with the Small Industries Development Bank of India (SIDBI) to support startups incubated at its Coimbatore facility.Read more