Develops emission control and air purification systems for decentralised pollution sources such as diesel generator (DG) sets. Its first product was a filter-less Retrofit Emission Control Device (RECD) that can be retrofitted to existing DG sets, enabling companies to meet emission norms without requiring equipment replacement. India has over 2M DG sets in operation which are meant to meet Central Pollution Control Board (CPCB) norms. ₹13.35CR seed round led by Raimatter, along with Rockstud Capital. Founded in April 2019, Pune based. Founders: CEO Harsh, co-founder Divyank and CTO Gagan started out in the second year of their engineering college in Indore, the Acropolis Group of Institutions.

Carbon removal platform which works on regenerative agriculture, agroforesty, biochar and biogas projects to generate carbon credits. Regenerative practices tackle soil depletion, agri-waste burning and water scarcity. Credits are supplied to global carbon market customers across manufacturing, tech, energy, aviation and consumer businesses. This round will expand its farmer networks and enhance blockchain based MRV (Measurement, Reporting, and Verification) systems. ₹10CR seed round. Founded in Feb 2024, Gurgaon based. Founders: CEO Sunny (Savitribai Phule Pune University '09; Cardiff University MBA '11) was Co-Founder of Organic Ledger (organic food verification and processing platform built blockchain); starting out in finance roles at Yum! Brands in the UK and Wiredelta in Denmark; COO Prabal (IILM University '06; IIMA '21) was also a Co-Founder at Organic Ledger prior to which he was VP of Business Development at Syenergy Environics (radiation protection); CPTO Abhinav (The Maharaja Sayajirao University of Baroda; IIM Lucknow) was Fractional CTO at Organic Ledger, was CTO at KalaGato and is ex-Siemens and L&T Tech Services. Comps: Varaha, Mitti Labs, Equilibrium.

Offers IoT-enabled water and wastewater asset management. Seed round of an undisclosed amount from AWE Funds. The company previously raised a $1.2M seed round in Dec 2023, led by Enzia Ventures along with Climate Angels Fund, Peer Cheque, SAE, DeVC and Bharat Founders Fund. Founded in Sep 2021, Gurgaon based. The founders are a daughter-father duo. CEO Mansi Stanford Univ '19 was on Forbes30U30 Asia and started out as an Associate at Idinsight (data and evidence tools to fight poverty); Rajesh (IIT Delhi '92) has been running Enhanced Wapp Systems (IoT-enabled digital platform for real-time monitoring and lifecycle management of water and wastewater assets) since 1996.

EV ride-hailing platform operating in Delhi NCR with premium vehicles (BYD, MG). It operates over 100 vehicles and has completed 45,000 rides. ₹3.65CR angel round funding by its "existing users". Founded in Jan 2024, Delhi based. Founder Naveen (Kurukshetra University '08, Nyenrode Business University '10) for VP and Country Head for India at Zoomcar and National Sales Head at CARS24 for about a year each, and is ex-Swiggy (3 years) and redBus (4.5 years).

Company developing non-toxic space propulsion systems including its flagship propulsion system HyperX, which will use non-toxic hypergolic fuel (fuel which can ignite spontaenously) for satellite mobility. Its target customers will include satellite manufacturers, spacecraft developers, and mission operators. Early stage funding of an undisclosed amount. Founded in Oct 2020, Chennai and Thiruvananthapuram based. Founders: aerospace engineers CEO Gokul and CTO Aravinda founded InterCosmos at Madras Institute of Technology. While not mentioned in the press release, Sivaraj (also Madras Institute of Technology) is also a co-founder.

Startup focused on the circular economy, offering AI-enabled glass recycling and traceability. Pre-revenue, the company will offer the full suite (collection, sorting, processing, logistics, reporting). ₹1.7CR pre-seed round. Other investors in the round: SustainTN, ITEL Foundation. Founded in Sep 2023, Chennai based. Founders: CEO Iwan (Loyola '16) is a PM from Doodeblue Innovations and Concentrix; COO Karthik (NMIMS CDOE MBA '21) is from Wipro (learning and development specialist); CCO Mohammad (Karnataka State Law Univ.) is from Wester Infra and ANS LIght Zone (a decade across these companies). No background information on the fourth founder Varun Pandithurai.

EV battery technology startup focused on fast-charging and long-life battery systems for medium and heavy duty vehicles. The complete battery technology stack has been built in-house, from its BMS, liquid cooling systems, charging systems and IoT enabled analytics. ₹20CR seed round to scale manufacturing and product development in Navi Mumbai. Founded in Aug 2020, Mumbai based. Founders: CEO Ameya and COO Darshil at IIT Kanpur '16 and '15 respectively. Ameya is ex-Oxane Partners (IB analyst role at this tech provider for debt markets); Darshil is ex-Schlumberger (engineering).

Develops hydrogen-compatible micro gas turbines (MGT) for distributed power, mobility and aerospace use cases. The MGT is an advanced propulsion system, similar to a jet engine, capable of running on 100% hydrogen, natural gas, or blended fuels. India has 227 GW of installed diesel generator capacity which is primarily used as backup or captive power and can be replaced by cleaner alternatives. $1M (~₹9CR) seed round. Founded in May 2024, Bangalore based. Founders: CEO Tapisj (IIT Kanpur '09) spent seven years at Technion - Israel Institute of Technology (post-doc, then scientist); CTO Ugandhar (BITS Pilani '03: Univ. of Southampton '22) was an engineer GE Aviation for close to 12 years.

Manufacturer of EVs for last mile logistics. These are scooter sized, fully covered vehicles, which can operate in harsh weather conditions and carry twice the number of orders as a scooter. Pilot deployments begin this year. $2M seed round. Angels in the round: founders and execs from Delhivery, OfBusiness, Pixxel, Boom Supersonic. Founded in Oct 2024, Delhi based. Founders Akshat and Himanshu (Thapar Institute of Engineering & Technology '23) founded Flynovate, drones for inspecting solar panels, together while in college.

Biomanufacturing company that converts industrial carbon emissions into premium biochemicals which can be used for food, pharmaceutical, nutraceutical, cosmetic, agricultural and advanced material industries. The company has developed a carbon biorefinery platform built on proprietary photobioreactor cultivation systems, with a PoC thermal plant set up last year which demonstrated continous carbon capture. Over the next 12-24 months, it will launch its first one-ton-per-day commercial plant and launch multiple pilots. ₹12CR (~$1.4M) seed round. Founded In Nov 2024, Hazaribagh (Jharkhand) based. Founders: Shreyansh (BITS Pilani; Cornell) was a Senior Manager in Takeda's internal manufacturing network, and was an Associate Manager at Bristol Myers Squibb; Umang (IcfaiTech) was an engineer at Cisco (14 years) including roles as Engineering Product Manager and Technical Lead; their father Sanjay is the founder of Sanjay Machineries and STC Hzb, businesses in Hazaribagh.