+
Transition VC launches maiden fund with Rs 2 bn corpus
ECONOMY & POLICY

Transition VC launches maiden fund with Rs 2 bn corpus

Transition VC, a Bengaluru-based energy transition-focused venture capital fund, has launched its maiden fund with a target corpus of Rs 4 billion, which also includes a greenshoe option of Rs 2 billion.

“A top-down thesis-driven fund, Transition VC will make seed investments in start-ups across sectors undergoing transition such as e-mobility, green hydrogen, energy storage, and net-zero journey in buildings and climate tech,” said a press release.

It added that the fund is looking to support up to 40 early-stage start-ups over the next three years with ticket sizes ranging from $500,000 to $1 million.

Transition VC recently received approval from the Securities and exchange Board of India (SEBI), and is eyeing to mark the first close of the fund by the end of this calendar year.

“To support start-up teams at a pivotal juncture in their entrepreneurial journey, we will deploy a unique combination of capital and competencies at seed stages and help them scale up meaningfully,” said Mustafa Wajid, general partner, Transition VC.

According to the press release, the company’s maiden fund is seeing interest from Indian as well as global high net worth individuals (HNIs), family offices, and corporates specialising in strategic investments.

“We are optimistic and see an opportunity of more than 12 unicorns coming from India in this decade just in the energy transition and climate-tech space,” said Shoeb Ali, co-founder and managing partner of Transition VC.

In addition to investments in Indian start-ups, the fund will also allocate 25% of the fund value for global start-ups.

See also:
India in top five countries on Climate Change
Australian parliament passes Free Trade Agreement with India


Transition VC, a Bengaluru-based energy transition-focused venture capital fund, has launched its maiden fund with a target corpus of Rs 4 billion, which also includes a greenshoe option of Rs 2 billion. “A top-down thesis-driven fund, Transition VC will make seed investments in start-ups across sectors undergoing transition such as e-mobility, green hydrogen, energy storage, and net-zero journey in buildings and climate tech,” said a press release. It added that the fund is looking to support up to 40 early-stage start-ups over the next three years with ticket sizes ranging from $500,000 to $1 million. Transition VC recently received approval from the Securities and exchange Board of India (SEBI), and is eyeing to mark the first close of the fund by the end of this calendar year. “To support start-up teams at a pivotal juncture in their entrepreneurial journey, we will deploy a unique combination of capital and competencies at seed stages and help them scale up meaningfully,” said Mustafa Wajid, general partner, Transition VC. According to the press release, the company’s maiden fund is seeing interest from Indian as well as global high net worth individuals (HNIs), family offices, and corporates specialising in strategic investments. “We are optimistic and see an opportunity of more than 12 unicorns coming from India in this decade just in the energy transition and climate-tech space,” said Shoeb Ali, co-founder and managing partner of Transition VC. In addition to investments in Indian start-ups, the fund will also allocate 25% of the fund value for global start-ups. See also: India in top five countries on Climate Change Australian parliament passes Free Trade Agreement with India

Next Story
Infrastructure Urban

CAQM Holds High-Level Reviews With Haryana and Punjab on Air Quality

In a concerted effort to accelerate coordinated action against air pollution, the Commission for Air Quality Management in NCR and Adjoining Areas (CAQM), chaired by Shri Rajesh Verma, held two significant high-level review meetings on 3 July 2025 in Chandigarh with the State Governments of Haryana and Punjab. The meetings aimed to strengthen inter-departmental coordination and evaluate the implementation of key sectoral measures for abatement of air pollution in the region.During the meeting with Haryana, a detailed review was conducted on critical areas including preparedness for eliminating..

Next Story
Infrastructure Urban

Union Minister Releases Copper Vision Document for Sustainable Mining

Union Minister for Coal and Mines, Shri G. Kishan Reddy, today released the Copper Vision Document at the International Conference on Sustainable and Responsible Mining through Best Mine Closure Practices, organised by the Indian National Committee of the World Mining Congress in Hyderabad.Shri Reddy highlighted copper’s critical role in India’s energy transition, infrastructure expansion, and green technologies including electric vehicles and solar power. He noted that the Vision Document sets forth a long-term strategy to meet the nation’s growing domestic demand while ensuring raw mat..

Next Story
Infrastructure Urban

MSME Minister Reviews Progress at IDEMI Mumbai Technology Centre

Union Minister for Micro, Small & Medium Enterprises (MSME), Shri Jitan Ram Manjhi, visited the MSME Technology Centre at the Institute for Design of Electrical Measuring Instruments (IDEMI) in Mumbai on 3 July 2025.During his visit, Shri Manjhi held a review meeting and undertook an extensive tour of the Centre. He received an overview of components developed for the Chandrayaan mission and visited the cutting-edge AR/VR laboratory. Presentations were also made on key government initiatives including the Credit Guarantee Fund Trust for Micro and Small Enterprises (CGTMSE) and the PM Vishw..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?