Ecozen Raises $23 Mn to Accelerate Climate-Smart Solutions Expansion

20 Jan 2025 CW Team

Over the past three years, Ecozen has experienced an impressive compound annual growth rate (CAGR) of more than 83% in revenue. The company has produced over 300,000 Ecotron solar pump controllers to date, including 100,000 units between March and December 2024. These technologies have been instrumental in reducing over 2 million metric tons of greenhouse gas emissions, with 660,000 metric tons of GHG reductions in 2024 alone.

Ecozen’s Omni controller is helping to drive solar energy adoption across multiple sectors, positioning the company for further market growth. In 2025, Ecozen plans to broaden its product range with new innovations that address the changing needs of businesses and communities while maintaining a firm commitment to sustainability.

Devendra Gupta, CEO and Co-Founder of Ecozen, said, "This funding demonstrates the confidence our partners have in Ecozen’s ability to drive significant change through innovation. We’re excited about our rapid growth trajectory, fueled by the rising demand for sustainable solutions. This capital will allow us to scale up our operations and expand our impact both in India and internationally."

Neha Baid, Team Head, Sustainable Food Debt, APAC, at responsAbility Investments AG, commented, "Ecozen’s innovative solutions align perfectly with our commitment to backing impactful ventures focused on climate mitigation, reducing food loss and waste, and promoting climate resilience."

Ashish Mehrotra, MD & CEO of Northern Arc Capital, stated, "We are thrilled to support Ecozen as they work towards creating a lasting sustainable impact through innovative technologies. With the launch of our $125 million climate fund, we aim to empower enterprises like Ecozen to thrive and grow."

Dr. Gouri Sankar, Managing Director of Maanaveeya Development & Finance Private Limited, added, "Ecozen exemplifies how cutting-edge technology can address real-world challenges. We are eager to see them expand their impact in the years ahead."

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Ecozen, a leader in climate-smart technology solutions, has secured over $23 million in debt funding from responsAbility Investments AG, Northern Arc Capital Limited, Maanaveeya Development & Finance Private Limited, and other investors. The capital will help the company expand its existing operations and strengthen its position in the sustainable technology sector. Over the past three years, Ecozen has experienced an impressive compound annual growth rate (CAGR) of more than 83% in revenue. The company has produced over 300,000 Ecotron solar pump controllers to date, including 100,000 units between March and December 2024. These technologies have been instrumental in reducing over 2 million metric tons of greenhouse gas emissions, with 660,000 metric tons of GHG reductions in 2024 alone. Ecozen’s Omni controller is helping to drive solar energy adoption across multiple sectors, positioning the company for further market growth. In 2025, Ecozen plans to broaden its product range with new innovations that address the changing needs of businesses and communities while maintaining a firm commitment to sustainability. Devendra Gupta, CEO and Co-Founder of Ecozen, said, This funding demonstrates the confidence our partners have in Ecozen’s ability to drive significant change through innovation. We’re excited about our rapid growth trajectory, fueled by the rising demand for sustainable solutions. This capital will allow us to scale up our operations and expand our impact both in India and internationally. Neha Baid, Team Head, Sustainable Food Debt, APAC, at responsAbility Investments AG, commented, Ecozen’s innovative solutions align perfectly with our commitment to backing impactful ventures focused on climate mitigation, reducing food loss and waste, and promoting climate resilience. Ashish Mehrotra, MD & CEO of Northern Arc Capital, stated, We are thrilled to support Ecozen as they work towards creating a lasting sustainable impact through innovative technologies. With the launch of our $125 million climate fund, we aim to empower enterprises like Ecozen to thrive and grow. Dr. Gouri Sankar, Managing Director of Maanaveeya Development & Finance Private Limited, added, Ecozen exemplifies how cutting-edge technology can address real-world challenges. We are eager to see them expand their impact in the years ahead.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..