BioCompute gets Rs 3.1 Mn climate entrepreneurship grant
ECONOMY & POLICY

BioCompute gets Rs 3.1 Mn climate entrepreneurship grant

At the SusCrunch 2024 event hosted by the Sustainability Mafia (SusMafia), BioCompute, a firm harnessing DNA for data storage to reduce emissions from data centres, earned India's highest non-equity climate entrepreneurship grant of Rs 31 lakh. According to a statement from the organisers, the "Big Pie" grant, which is being jointly provided by SusMafia and the Pilani Innovation and Entrepreneurship Development Society, intends to advance BioCompute in the worldwide battle against climate change.

Pitch sessions from ten other Indian climate action firms that are profitable and prepared to expand their solutions were held during the government-backed and private sector-supported conference.

Priya Shah, general partner at Theia Ventures, stated that their aim was to catalyse $100 million in investments into Indian climate tech startups by 2030 on behalf of individual and angel syndicate investors. She mentioned this during Theia Ventures' role as the investment partner for SusCrunch 2024.

At the event, Gagan Agarwal, founder of Planet Electric, introduced high-performance electric trucks, and Kuldeep Jain, founder and managing director of CleanMax, provided insights into the development of a large renewable energy company in India.

The summit also celebrated the graduation of the first cohort of SusVentures, a SusMafia programme in collaboration with the Birla Institute of Technology and Science (BITS Pilani), where early-stage climate entrepreneurs receive mentoring. In the inaugural batch, 48 student entrepreneurs from BITS campuses established 14 startups in sectors such as circular economy, energy efficiency, and electric vehicles. The event featured presentations from five student startups mentored by SusMafia: AgriVolt (focused on agri-voltaics for industries), Positive Zero (developing software for sustainable fashion brands), JouleLess (creating wireless IoT devices), and SwiLato (an app aimed at reducing vehicle emissions).

At the SusCrunch 2024 event hosted by the Sustainability Mafia (SusMafia), BioCompute, a firm harnessing DNA for data storage to reduce emissions from data centres, earned India's highest non-equity climate entrepreneurship grant of Rs 31 lakh. According to a statement from the organisers, the Big Pie grant, which is being jointly provided by SusMafia and the Pilani Innovation and Entrepreneurship Development Society, intends to advance BioCompute in the worldwide battle against climate change. Pitch sessions from ten other Indian climate action firms that are profitable and prepared to expand their solutions were held during the government-backed and private sector-supported conference. Priya Shah, general partner at Theia Ventures, stated that their aim was to catalyse $100 million in investments into Indian climate tech startups by 2030 on behalf of individual and angel syndicate investors. She mentioned this during Theia Ventures' role as the investment partner for SusCrunch 2024. At the event, Gagan Agarwal, founder of Planet Electric, introduced high-performance electric trucks, and Kuldeep Jain, founder and managing director of CleanMax, provided insights into the development of a large renewable energy company in India. The summit also celebrated the graduation of the first cohort of SusVentures, a SusMafia programme in collaboration with the Birla Institute of Technology and Science (BITS Pilani), where early-stage climate entrepreneurs receive mentoring. In the inaugural batch, 48 student entrepreneurs from BITS campuses established 14 startups in sectors such as circular economy, energy efficiency, and electric vehicles. The event featured presentations from five student startups mentored by SusMafia: AgriVolt (focused on agri-voltaics for industries), Positive Zero (developing software for sustainable fashion brands), JouleLess (creating wireless IoT devices), and SwiLato (an app aimed at reducing vehicle emissions).

Next Story
Infrastructure Transport

CPCL crosses $10 million revenue milestone

Chaitanya Projects Consultancy (CPCL), a leading infrastructure and engineering consultancy, has surpassed $10 million in annual revenue for FY 2024–25, marking a five-year compound annual growth rate of 28.2 per cent—well above the industry average. Established in 2004, CPCL has delivered over 300 projects across highways, bridges, urban infrastructure, water, transport, and environmental sectors. Its achievements include over 600 km of six-lane highways, 2,000 km of national highways, and 100 major bridges. “Our goal has always been to improve India’s infrastructure,” sai..

Next Story
Resources

KPIL secures new orders worth Rs 37.89 billion

Kalpataru Projects International Ltd (KPIL), a major EPC player in power transmission and civil infrastructure, has secured new orders worth approximately Rs 37.89 billion along with its international subsidiaries. The orders include a significant contract in the Buildings and Factories (B&F) segment in India, marking KPIL’s largest B&F order to date. The project involves the development of over 12 million sq ft of residential space with supporting infrastructure, awarded on a design-build basis. Additionally, the company has won new transmission and distribution (T&D) order..

Next Story
Real Estate

Apartment loading rises to 40 per cent in top cities

Driven by rising demand for premium amenities, the average apartment loading across India’s top seven cities has reached 40 per cent in Q1 2025, up from 31 per cent in 2019, according to ANAROCK Research. The loading factor, or the area paid for beyond the usable carpet area, covers common spaces such as lobbies, staircases, and clubhouses. Mumbai Metropolitan Region (MMR) continues to lead with the highest loading at 43 per cent. Bengaluru saw the sharpest jump, from 30 per cent in 2019 to 41 per cent in Q1 2025. Chennai recorded the lowest average loading at 36 per cent. “Sixty..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?