It’s a golden day for the sustainability and clean energy startups in India. IIM Ahmedabad’s Centre for Innovation Incubation and Entrepreneurship (CIIE) announced that Infuse Ventures – its cleantech focused ecosystem and fund has raised over INR 110 crores which is INR 35 crore more than the original plan of raising INR 75 crores.
While early stage companies in India continue to have limited access to institutional capital, Infuse is helping with much needed capital to early stage cleantech companies, mobilise global and domestic investors, and enable adoption of best practices in corporate governance and environmental and social sustainability standards.
