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Equilibrium raises $3 Mn from Kalaari, Avaana, and Peak XV

EntrackrEntrackr · 6m ago
Equilibrium raises $3 Mn from Kalaari, Avaana, and Peak XV
Medial

Equilibrium raises $3 Mn from Kalaari, Avaana, and Peak XV Climate-tech startup Equilibrium has raised $3 million in its first institutional funding round from Kalaari Capital, Avaana Capital, and Peak XV Partners. The proceeds will be used to strengthen its tech platform, speed up progress on its eight ongoing carbon removal projects, and grow operations. Founded in 2024 by Siddhanth Jayaram, Equilibrium delivers full-stack carbon removal solutions for companies aiming to reach net-zero emissions. Its work spans agroforestry, regenerative farming, mangrove planting, and biochar projects, involving over 60,000 farmers and coastal communities. Equilibrium works with corporates, tech firms, and project financiers: they build and manage the carbon removal projects, track their performance using technology, and then sell carbon credits or removal units to customers with net-zero goals. The startup already has a project pipeline capable of achieving over 20 million tonnes of long-term CO₂ removal. It operates in nine Indian states including Maharashtra, Tamil Nadu, Karnataka, Andhra Pradesh, West Bengal, and Gujarat, and plans to expand into nearby South Asian countries like Nepal and Sri Lanka in the next few quarters.

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Grapevine raises $4.1 Mn from Kae Capital, Peak XV, others

EntrackrEntrackr · 16d ago
Grapevine raises $4.1 Mn from Kae Capital, Peak XV, others
Medial

Grapevine raises $4.1 Mn from Kae Capital, Peak XV, others Anonymous social media platform Grapevine has raised $4.1 million in funding from Kae Capital, Peak XV Partners, and Ronnie Screwvala. Entrackr had exclusively reported the development in October last year. Prior to this round, Grapevine had raised $2.6 million in its seed round, led by Peak XV Partners. The proceeds will be used to scale both TAL and Round1. The funding was announced by co-founder Saumil Tripathi, alongside the launch of TAL, an AI-powered talent agent that scans job opportunities and recommends relevant roles to users. Founded by Tripathi, Jainam Talsania, and Shreeyash Dharmadhikari, Grapevine started as a networking platform for corporate and startup employees, enabling anonymous discussions around salaries, hiring, layoffs, and workplace culture. The company also operates Round1, an AI-based interview practice platform that allows users to simulate interviews and receive feedback. Grapevine competes with platforms such as Teamblind, Glassdoor, Fishbowl, Levels.fyi, and Reddit. Disclaimer: Bareback Media has recently raised funding from a group of investors. Some of the investors may directly or indirectly be involved in a competing business or might be associated with other companies we might write about. This shall, however, not influence our reporting or coverage in any manner whatsoever. You may find a list of our investors here.

Clean-tech startup Wastelink raises $3 Mn led by Avaana Capital

EntrackrEntrackr · 7m ago
Clean-tech startup Wastelink raises $3 Mn led by Avaana Capital
Medial

Clean-tech startup Wastelink raises $3 Mn led by Avaana Capital. Business-to-business (B2B) food upcycling startup Wastelink has raised Rs 27 crore (around $3 million) in a Series A funding round led by early-stage investment firm Avaana Capital. The Delhi-based company had earlier raised $2.3 million from Indigram Labs and others. The fresh funds will be used to enhance its tech stack and expand into new categories, Wastelink said in a press release. Founded in 2018 by Saket Dave and Krishnan Kasturirangan, Wastelink transforms surplus and waste food from manufacturers and retailers into nutritional animal feed ingredients. Its proprietary feed product, ECOMIX, is supplied to animal feed companies as a raw material. The startup has also developed an AI-powered reverse supply chain tracking system that provides food companies visibility into the usage of their waste and packaging, while also offering transparency to animal feed companies on raw material processing. Wastelink claims to serve more than 5,000 pincodes across India, having upcycled over 35,000 tonnes of FMCG surplus into feed ingredients, catering to about 38,500 animals annually. According to market research, the global upcycled food market is projected to reach $119.8 billion by 2034. Wastelink competes with players such as Sea6 Energy and Krimanshi.

Peak XV alumni to launch Ambition Capital targeting $250 Mn early-stage fund: Report

EntrackrEntrackr · 17d ago
Peak XV alumni to launch Ambition Capital targeting $250 Mn early-stage fund: Report
Medial

URL: https://entrackr.com/snippets/peak-xv-alumni-to-launch-ambition-capital-targeting-250-mn-early-stage-fund-report-11216418 Content: Former executives of Peak XV Partners are reportedly launching a new venture capital firm, Ambition Capital, which aims to raise $250 million for early-stage investments. The fund is being set up by Shailesh Lakhani and Harshjit Sethi, former managing directors at Peak XV, along with Mayank Porwal. Based in Bengaluru, Ambition Capital plans to invest in seed and Series A startups across sectors including AI, fintech, deeptech, and consumer technology. The firm expects to make around 26-30 investments from the fund, focusing on themes such as digital sovereignty and India-focused innovation.

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