Tech in Asia maps India's cleantech key players
Tech in Asia has published a comprehensive mapping of key players and investment trends within India's cleantech sector. The report highlights the industry's central companies and most active backers.
Tech in Asia has released a new report mapping key players, investors, and funding trends in India's cleantech sector. The publication aims to provide a comprehensive overview of the rapidly growing industry.
According to the report, India's cleantech sector raised $401 million in the past 12 months across 21 funding rounds. Over the last five years, the sector has seen 87 funding rounds with a total value nearing $3 billion.
Funding has notably concentrated on clean energy (29% of funding), renewable energies (29%), and electric vehicles (25%). Top investors in India's cleantech initiatives over the past two years include Indian Angel Network, Transition VC, and Speciale Invest, all based in India.
The publication also details recent funding rounds, including significant investments in companies like Hygenco ($105 million) and SolarSquare Energy ($55 million). The report compiles key entities driving India's transition toward cleaner technologies and a more sustainable future.