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Revfin Secures $14 Million in Series B Funding Round Led by Omidyar Network

Digital lending platform Revfin announced the successful conclusion of its Series B funding round, securing $14 million (115 crore). Omidyar Network spearheaded the round with a $5 million investment, joined by the Asian Development Bank (ADB), Companion Capital Limited, and existing investors Green Frontiers Capital and LC Nueva. This funding brings Revfin’s total capital raised […]

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Li-ion Battery Recycling Firm BatX Energies Raises $5 Million Funding

Indian Lithium-ion battery recycling firm BatX Energies raised $5M in Pre-Series A Funding, fueled by Zephyr Peacock in participation with Lets Venture, and existing investors JITO Angel Network and Family offices of Mankind Pharma, Excel Industries, BluSmart and others.  Setting up the momentum for the Lithium-ion Battery recycling industry in India, the funds will turbocharge […]

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NTPC REL Achieves Commercial Operation of First Wind Project of 50 MW

NTPC Renewable Energy Limited, a wholly owned subsidiary of NTPC, has announced the commercial operation of its wind first project. The said project is for a capacity of 50 MW at Dayapar in Kachch, Gujarat. With the commissioning of this project, the cumulative installed capacity of NTPC Group has become 73,874 MW while the total […]

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NTPC Ltd Reports 13 Percent Rise In PAT In H1 of FY24

NTPC Limited in its latest financial results declared a 13 percent increase in its Profit After Tax (PAT) during the first half (H1) of FY24 on a standalone basis. The central Public Sector Utility (PSU) said that its PAT for H1 FY24 was Rs 7,951 crore as against Rs 7,048 crore in H1 FY23. Meanwhile […]

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Deeptech Startup Oorja Raises $1.5 Million in Pre-Series A Funding

Oorja, a Bengaluru-based deep tech startup, that uses a combination of Physics and Machine Learning to perform predictive modelling, today announced that it has raised $1.5 million in seed funding. The funding round was led by Micelio Fund, which claims to be the first venture capital fund in India dedicated to sustainable innovation in the […]

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NTPC Green Energy Joins Hands with Syama Prasad Mookerjee Port for Green Hydrogen Hub

A Memorandum of Understanding (MoU) has been signed between NTPC Green Energy Limited (NGEL), a wholly-owned subsidiary of India’s largest energy conglomerate NTPC Limited, and Syama Prasad Mookerjee Port, under the Ministry of Ports, Shipping & Waterways. The agreement will pave the path for the development of Green Hydrogen Hub at Kolkata. The signatories of […]

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Hyundai, Georgia Tech To Invest $12.6bn To Boost Electric Mobility

Georgia Tech and Hyundai Motor Group have signed a Memorandum of Understanding (MoU) to collaborate on research and applications to support the future of sustainable mobility, including developing a hydrogen economy, workforce development, and making cities smarter and more sustainable, among many other areas of cooperation. The group is investing $12.6 billion in Georgia’s new […]

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Electric Supply Chain Firm ZEVO Secures Funding from Agility Ventures

ZEVO, a completely integrated electric supply chain and warehousing platform, announced today that it has successfully raised funding from Angel Fund Agility Ventures. The funding will be utilized to further expand ZEVO’s fleet of electric vehicles and micro storages, focusing on last-mile delivery and integrated logistics solutions along with electric refrigerated deliveries. “As investors, we […]

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