Recycling company working across e-waste, batteries, glass, and other end-of-life material streams, with a focus on recovering critical, precious, and high-value materials such as indium, tin, and rare earth elements from discarded products. They have two recycling facilities and have channelised over 1,50,000 metric tonnes of waste. They work with over 50 corporations including Apple, Dell Technologies, Cisco, and Canon on recycled-content and sustainability goals. Karo Sambhav operated for 9 years without any external venture capital before this round. $6M Pr-e-Series A led by Rainmatter. Founded in 2017, Gurugram-based. Founders: Pranshu (KIT's College of Engineering Kolhapur, BE Environmental Engineering '00) was at Nokia for nearly 10 years and the Director of Digital Learning Strategy at Microsoft for two years.

Green chemical propulsion systems for the global small satellite market, offering an indigenous, non-toxic alternative to conventional satellite thrusters. Its flagship CUBEHOOD module is a plug-and-play propulsion system, designed for safer and more sustainable space missions. Incubated at IIT Kanpur, with an active contract with ISRO for technical support on its first in-orbit demonstration mission planned for 2026. ₹10CR pre-Series A round led by 247VC and Campus Angels Network, with participation from Chandigarh Angels Network and other angel investors. Founded in 2022, Chennai-based. Founders: Hari Krishnan KJ (Indian Institute of Technology, Kanpur, PhD Aerospace; Hindustan University, BTech Aerospace Engineering '21)- no previous work experience available. Rogith (IIT Kanpur; Hindustan University, Bachelor's Aeronautical/Aerospace Engineering '21) did a 2-month internship at MLR Institute of Technology in 3D modelling and flight simulation before co-founding Dream Aerospace.

Seafood export startup that connects small shrimp farmers directly with domestic and global buyers through a fully integrated, tech-enabled supply chain. Exports largely to China, Vietnam, Japan. AI and data-driven tools help farmers with water quality monitoring, feed discipline, disease early-warning systems, harvesting coordination, processing, and export logistics, all under one platform. This round will help set up a state of the art processing facility and scale its network from 6K to 15K farmers across Odisha (where it began), Andhra Pradesh, and West Bengal. ₹45CR Series A led by NABVENTURES (via its AgriSURE Fund), with IAN Alpha Fund. NABVENTURES is the venture arm of NABARD. This was initially announced in April 2026 as a $2.7M round which appears to have now gotten larger. Founded in 2023, Bhubaneswar-based. Founders: Founders: Co-Founder & CEO Abhishek (Orissa University of Agriculture and Technology '13; IGNOU Master's 16) was at aquaculture tech company Aquaconnect as AVP for Exports and worked at aquaculture non-profit Solidaridad Network; Co-Founder & CGO Abhilash (Utkal University '14 was a regional business manager at agriculture sciences business FMC Corporation, was a state activation manager at Bayer Crop Science and a territory manager at Syngenta; no prior information available on Founder Ananya.

Collects used cooking oil from businesses and converts it into biodiesel. It provides waste management solutions to restaurants and food manufacturers while enabling sustainable fuel production. $2.5M Series A led by Fundalogical Ventures, along with Caspian Impact Investment, Momentum Capital, and existing investor The Chennai Angels. Founded in Nov 2019, Delhi based. Founders: Sushil (Symbiosis International University '09) was a supply chain manager at Admirals Trading LLC (F&B manufacturer and distributor in the UAE) for 10 years, before which he was a supply chain manager at IFFCO; Kirti (MBM Jodhpur '06) was a supply chain specialist at Gourmet Gulf LLC (operator of F&B chains in Dubai) for a year, before which she was a supply chain specialist at Knight Frank.

EV financing and asset management platform. Its services include leasing, asset management, maintenance, roadside assistance, and recovery. It has enabled financing for over 25,000 EVs across two-wheelers, cars, buses, and trucks. $6.4M Series A led by IvyCap Ventures, along with existing investors Asian Development Bank, Advantedge Founders, as well as Trucks Venture Capital. The company raised $3M in March 2025. Founded in Apr 2023 in partnership with Grip Invest, Gurgaon based. Founder and CEO Kunal (IIM Bangalore '05) was previously the CEO of CARS24, was Executive VP at Bain Capital, and was MD and CEO of CEAT Specialty Tyres. He started out at BCG (eight years).

Operates the Pehla Jaisa brand. Circular economy startup converting organic and agri-waste into high-quality bio-fertilizers and bio-stimulants through hyperlocal processing hubs. By embedding small-scale, tech-enabled units within village-level waste centers, the startup reduces first-mile logistics costs and enables decentralized production of compost, gas, and electricity. It operates in 10 districts of Bihar and Jharkhand, and will now expand to all 66 districts in these two states. ₹12CR Pre-Series A led by Unicorn India Ventures, with participation from Climate Angels and a-IDEA. Founded in Jan 2023, Gurgaon based. Founders: Pankaj (College of Technology, G B Pant University '14) was Co-Founder at antibiotic-free egg brand Eggoz; Ehtesham (IIT Kharagpur '11) was VP at Eggoz; while Shabhih (United College of Engineering & Research '18) was Head of Operations at the same company.

Product engineering company offering end-to-end manufacturing solutions, with a strong focus on DC charger controllers. It works with global clients across industries to design, develop, validate, and scale hardware and software products. Its primary customer segment is EV OEMs and charging infrastructure companies. $4.2M Series A led by Sabre Partners and Greenstone Capital. Founded in Jan 2021, Ahmedabad based. Founders: CEO Binal (L.D. College of Engineering '05) was at related company, software dev firm Bacancy Technology since 2012; COO Krunal (Hemchandracharya North Gujarat University '05) was at System Level Solutions (industrial IoT) for 14 years; CTO Hardik (also Hemchandracharya North Gujarat University '05, and Sikkim Manipal University MBA '11) was at System Level Solutions for a similar period.

Clean-tech startup building a reusable packaging system for the food industry. The company replaces single-use containers with durable, traceable boxes that are collected, washed and circulated back into use. Designed for restaurants, corporate campuses and delivery platforms, InfinityBox’s containers can be reused hundreds of times, helping reduce packaging waste and the carbon footprint of food delivery. The company was at ₹17.8CR in FY25 revenue with minimal losess. ₹14.1CR Pre-Series A at ~₹87CR post-money, led by existing investor Rainmatter, along with existing investors AAR EM Ventures, Capital-A, and Dhyanesh Shah. Founded in Feb 2019, Bangalore based. Founders: Shashwat (IIT Kharagpur '19) started this part-time out of college, spent a year each at McKinsey and advisory firm SAGANA before shifting focus to InfinityBox; along with fellow alum Keshav who is IIT Kharagpur '22).

Next-generation electrolyzers for green hydrogen production. The startup has developed a patented, membrane-less architecture designed to lower manufacturing costs and reduce system complexity, making hydrogen production more efficient and scalable. ₹28CR Pre-Series A from HDFC Bank and Mitsui Sumitomo Insurance. Existing investors Aavishkaar Capital, Peak XV Partners, Speciale Invest and Micelio Fund also participated. Founded in Aug 2020, Bangalore based. Both co-founders, Prasanta (SRM '11; Univ. of Manchester '12; Université Grenoble Alpes Ph.D. in Fluid Mechanics, Energy and Process Engineering '19); and Rochan (KU Leuven Master's; Eindhoven University of Technology PhD in Engineering Physics/Applied Physics) were part of the Entrepreneur First 2020 cohort and started out soon after their PhDs.

Sanitary pad recycling company. The company manages the collection and recycling of used menstrual hygiene products, replacing traditional incineration and landfill dumping with a circular approach. Using its patented tech, it converts used pads into cellulose pulp and plastic. It operates in 24 cities, with collections from 2,000 sites for 685 business, industrial and residential clients. It will soon launch PadCare Orbit, a B2C app to organize collection in housing socities. The company raised $3M in a Pre-Series A round led by Rainmatter, with the participation of 3one4 Capital, Brigade REAP, PKRBCV Shroff Trust. Existing backers Lavni Ventures and 3i Partners also doubled down, with additional debt financing coming in from EXIM Bank and ICICI Bank. Founded in June 2018, Pune based. Founder & CEO Ajinkya (Shri Guru Gobind Singhji Institute, Nanded '17) worked briefly as an R&D engineer at Grind Master Machines, and completed a fellowship at the Royal Academy of Engineering in the UK, before starting PadCare.