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 Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Infrastructure Urban

22 Oct 2025

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Infrastructure Energy

22 Oct 2025

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..