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49 cleantech startups working towards making India greener

Inc42Inc42 · 1y ago
49 cleantech startups working towards making India greener
Medial

Inc42 has compiled a list of 51 Indian cleantech startups that are contributing to India's clean energy goals. These startups are working on various innovative solutions such as rooftop solar energy, biomethanation technology, air and water purification, and more. The startups mentioned in the list include 75F, Ace Green Recycling, AirOk, Bambrew, Buyofuel, Chakr Innovation, Clairco, altM, CleanMax Enviro Energy Solutions, Devic Earth, EdgeGrid, Electriq, Freyr Energy, Gegadyne Energy, GPS Renewables, Greenjoules, Greenko Group, h2e Power Systems, Hygenco, Inficold, ION Energy, Log9 Materials, Lohum, Loom Solar, Metastable Materials, MYSUN, Nepra, NewTrace, Orb Energy, Oorjan Cleantech, OxyGarden, Pi Green Innovations, Prescinto, Proklean, reNew Power, rePurpose, Sea6 Energy, SenseHawk, Skilancer Solar, Solar Ladder, SolarSquare, Swajal, The Energy Company, Uravu Labs, Varaha, WEGoT, Zenatix, and ZunRoof.

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Recur Club launches debt offerings for startups beyond Series A and SMEs

EntrackrEntrackr · 1y ago
Recur Club launches debt offerings for startups beyond Series A and SMEs
Medial

Debt marketplace for startups Recur Club has announced its latest credit offering, Recur Scale for financing Series A, B, and beyond startups and SMEs with revenues of Rs 40 crore and above. It will provide debt offerings of up to Rs 100 crore or about $12 million, the company said in a release. Recur Scale is available for a wide range of sectors such as SaaS, e-commerce, manufacturing, EV, D2C, agritech, and others. The credit offerings for startups and SMEs include secured term loans, venture debt, acquisition financing, operating leases, working capital loans, bill discounting, and vendor financing, among others. According to Recur Club, it plans to deploy a total of Rs 1,000 crore with the Recur Scale program for startups and SMEs, along with an additional Rs 2,000 crore through its Recur Swift program for startups in FY25. Founded in 2021 by Abhinav Sherwal and Eklavya Gupta, Recur Scale uses AI-backed matchmaking to connect borrowers with relevant lenders for efficiently discovering, comparing, and selecting credit offers. The company has partnered with over 120 marquee lenders, such as InCred, Tata Capital, Aditya Birla Capital, among others., and targets to be the one-stop solution for the financing of startups. Earlier this month, Recur Club had partnered with InCred, a new-age financial platform, to disburse Rs 300 crore to early and mid-range startups. In August last year, Recur Club also launched $10 million worth Regreen Fund to back startups actively working towards a greener and more sustainable future.

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