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Krishna Chaitanya

We are planning to s... • 1m

Despite the government's push for renewable energy and biogas under schemes like SATAT, banks are still demanding collateral for CGTMSE loans, making it difficult for startups to enter the sector. How can first-time entrepreneurs in the biogas industry secure funding without heavy collateral requirements? Are there any practical alternatives that have worked for others?

3 replies11 likes

Replies (3)

Nimesh Pinnamaneni
•

Helixworks Technologies • 1m

You should connect with Rakesh Yasarla—he previously set up a bioprocessing plant in the Krishna/Guntur area before transitioning to a research role at CSIR. He could be a valuable firsthand source of insights for you. Hope this helps! https://www.linkedin.com/in/rakesh-k-yasarla-01a87b12

0 replies1 like

Anonymous 2

Hey I am on Medial • 1m

Apart from CGTMSE, you can try: 1. SIDBI’s Green Fund 2. CSR grants from large corporations 3. Impact investors focused on sustainability 4. Government-backed venture debt from IREDA Several biogas startups have raised funds via blended financing (mix of equity, grants, and debt). Maybe that’s the way forward.

0 replies2 likes

Anonymous 1

Hey I am on Medial • 1m

ah yes, the classic "we support startups, but please mortgage your future first" approach.

0 replies1 like

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