SBI Ventures Plans Rs 20 Billion Climate Fund For 2025

28 Nov 2025 CW Team

SBI Ventures, the alternative asset management arm backed by the State Bank of India, is preparing to launch a Rs 20 billion climate-focused fund in the January–March quarter of 2025. The fund will target early and growth-stage climate-tech startups, with a particular focus on frontier technologies and AI-driven climate solutions, according to media reports.

The plan was outlined at the second edition of the IVCA Green Returns Summit, where the firm presented its strategy to expand capital access for green innovation. SBI Ventures intends to engage both domestic and international investors, with roadshows set to begin early next year to secure formal commitments.

The company said India is increasingly becoming a testing ground and launchpad for climate-focused technologies across cooling systems, low-carbon materials, nature-based solutions, waste management and circularity. It emphasised that India requires nearly USD 170 billion each year to meet its climate goals, far beyond current investment flows.

SBI Ventures noted that the most significant financing gaps exist in climate adaptation and resilience, including water security, climate-smart agriculture and disaster-resilient infrastructure. It stressed the need for a multi-layered climate-finance ecosystem that blends equity, concessional finance, philanthropic capital and innovative instruments such as climate resilience bonds and carbon markets.

The firm added that scaling blended finance, de-risking emerging technologies and strengthening institutional capacity across the investment chain will be critical in supporting India’s shift towards a more climate-resilient economy.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..