Financing

Climate-tech startup Newtrace raises $5.6 million in funding from Sequoia, others

Climate-tech startup Newtrace raises $5.6 million in funding from Sequoia, others

Climate-tech startup Newtrace raises $5.6 million in funding from Sequoia, others Climate-tech startup Newtrace announced a $5.65 million seed funding round led by Sequoia Capital India and Aavishkaar Capital on Wednesday. Other investors included Urban Ladder founder Ashish Goel, IKP Knowledge Park, and Speciale Invest and Micelio Fund, as well as returning investors Speciale Invest …

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Norway evinces interest in investing in Maharashtra in green hydrogen

Norway evinces interest in investing in Maharashtra in green hydrogen

Norway evinces interest in investing in Maharashtra in green hydrogen Maharashtra is developing a Green Hydrogen Mission in order to attract investment in various parts of the state, including Vidarbha. The Maharashtra government is in the process of developing a Green Hydrogen Policy and is looking for collaboration in the sector. The Maharashtra Energy Development …

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Centre provides funding for ships that deploy offshore wind projects and subsea cables

Centre provides funding for ships that deploy offshore wind projects and subsea cables

Centre provides funding for ships that deploy offshore wind projects and subsea cables India will now provide subsidies for vessels that assist in the establishment of offshore wind energy projects and the installation of undersea cables. The center has revised the shipbuilding subsidy scheme to include support for the production of these vessels. “These changes …

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