Avaana Capital Raises $135 Million Climate Fund

25 Oct 2024 CW Team

The capital raised will be utilized to support various climate technology initiatives, encompassing areas such as clean energy, energy efficiency, and sustainable agriculture. Avaana Capital aims to identify and back businesses that offer transformative solutions to mitigate the effects of climate change, helping to transition the economy towards more sustainable practices.

This funding is expected to enhance the firm's investment capabilities, allowing it to capitalize on the growing demand for green initiatives and technologies that contribute to a sustainable future. With a focus on companies that demonstrate scalability and potential for significant environmental impact, Avaana Capital is poised to play a pivotal role in advancing the climate tech landscape.

The investment landscape for climate technology is evolving rapidly, driven by increasing awareness of environmental issues and the urgent need for action against climate change. Avaana's fund is positioned to leverage this momentum, fostering innovation and supporting entrepreneurs dedicated to creating impactful solutions.

As the world seeks to reduce carbon emissions and transition to a more sustainable economy, Avaana Capital's initiative reflects a broader shift towards responsible investing and a commitment to creating a positive environmental impact. The fund's success will not only support promising start-ups but also contribute to the global efforts in tackling climate challenges.

Avaana Capital has successfully raised $135 million for its new climate tech venture capital fund, aimed at investing in innovative solutions that address climate change and promote sustainability. This funding round marks a significant step in Avaana's commitment to supporting renewable energy and related sectors, providing essential capital to start-ups focused on environmental impact. The capital raised will be utilized to support various climate technology initiatives, encompassing areas such as clean energy, energy efficiency, and sustainable agriculture. Avaana Capital aims to identify and back businesses that offer transformative solutions to mitigate the effects of climate change, helping to transition the economy towards more sustainable practices. This funding is expected to enhance the firm's investment capabilities, allowing it to capitalize on the growing demand for green initiatives and technologies that contribute to a sustainable future. With a focus on companies that demonstrate scalability and potential for significant environmental impact, Avaana Capital is poised to play a pivotal role in advancing the climate tech landscape. The investment landscape for climate technology is evolving rapidly, driven by increasing awareness of environmental issues and the urgent need for action against climate change. Avaana's fund is positioned to leverage this momentum, fostering innovation and supporting entrepreneurs dedicated to creating impactful solutions. As the world seeks to reduce carbon emissions and transition to a more sustainable economy, Avaana Capital's initiative reflects a broader shift towards responsible investing and a commitment to creating a positive environmental impact. The fund's success will not only support promising start-ups but also contribute to the global efforts in tackling climate challenges.

Infrastructure Urban

16 Sep 2025

Automotive Skills MoU Aims to Train 5,000 Youth by 2028

The Automotive Skills Development Council (ASDC), the Federation of Automobile Dealers Associations (FADA Academy), and Prayaas Trust have signed a tripartite Memorandum of Understanding (MoU) to create a scalable, industry-aligned skill development framework for India’s automotive sector.The initiative aims to bridge skill gaps, provide inclusive employment, and empower economically marginalised youth. Training centres will expand from three to twenty nationwide, targeting 5,000 youth over three years, with 30 per cent of seats reserved for women.ASDC will lead the development and upgrading..

Infrastructure Urban

16 Sep 2025

Engineers India Wins Rs 6.2 Billion Contract for Fertilizer Project

Engineers India rose 2.38 per cent to Rs 213.95 after securing a contract worth Rs 6.18 billion to provide project management consultancy (PMC) and engineering procurement and construction management (EPCM) services for a new fertilizer plant in Africa.The contract, awarded by an African-based fertiliser firm, covers comprehensive consultancy and engineering services for establishing the new facility. The project is scheduled for execution over a 24-month period, the company stated in a regulatory filing.While specific terms and conditions remain undisclosed due to confidentiality agreements, ..

Infrastructure Urban

16 Sep 2025

PM Modi Visits Kolkata to Inaugurate Commanders’ Conference

Prime Minister Narendra Modi arrived in Kolkata on Sunday evening for a two-day visit during which he will inaugurate the 16th Combined Commanders’ Conference. This is the Prime Minister’s second visit to West Bengal, where assembly elections are expected early next year.Upon arrival at the airport, he proceeded directly to Raj Bhavan, where he will stay overnight. Defence Minister Rajnath Singh has also reached the city to attend the conference, which is set to begin on Monday. National Security Adviser Ajit Doval, Chief of Defence Staff General Anil Chauhan and Defence Secretary Rajesh K..