Startup focused on the circular economy, offering AI-enabled glass recycling and traceability. Pre-revenue, the company will offer the full suite (collection, sorting, processing, logistics, reporting). ₹1.7CR pre-seed round. Other investors in the round: SustainTN, ITEL Foundation. Founded in Sep 2023, Chennai based. Founders: CEO Iwan (Loyola '16) is a PM from Doodeblue Innovations and Concentrix; COO Karthik (NMIMS CDOE MBA '21) is from Wipro (learning and development specialist); CCO Mohammad (Karnataka State Law Univ.) is from Wester Infra and ANS LIght Zone (a decade across these companies). No background information on the fourth founder Varun Pandithurai.

Next-generation electrolyzers for green hydrogen production. The startup has developed a patented, membrane-less architecture designed to lower manufacturing costs and reduce system complexity, making hydrogen production more efficient and scalable. ₹28CR Pre-Series A from HDFC Bank and Mitsui Sumitomo Insurance. Existing investors Aavishkaar Capital, Peak XV Partners, Speciale Invest and Micelio Fund also participated. Founded in Aug 2020, Bangalore based. Both co-founders, Prasanta (SRM '11; Univ. of Manchester '12; Université Grenoble Alpes Ph.D. in Fluid Mechanics, Energy and Process Engineering '19); and Rochan (KU Leuven Master's; Eindhoven University of Technology PhD in Engineering Physics/Applied Physics) were part of the Entrepreneur First 2020 cohort and started out soon after their PhDs.

EV battery technology startup focused on fast-charging and long-life battery systems for medium and heavy duty vehicles. The complete battery technology stack has been built in-house, from its BMS, liquid cooling systems, charging systems and IoT enabled analytics. ₹20CR seed round to scale manufacturing and product development in Navi Mumbai. Founded in Aug 2020, Mumbai based. Founders: CEO Ameya and COO Darshil at IIT Kanpur '16 and '15 respectively. Ameya is ex-Oxane Partners (IB analyst role at this tech provider for debt markets); Darshil is ex-Schlumberger (engineering).

Develops hydrogen-compatible micro gas turbines (MGT) for distributed power, mobility and aerospace use cases. The MGT is an advanced propulsion system, similar to a jet engine, capable of running on 100% hydrogen, natural gas, or blended fuels. India has 227 GW of installed diesel generator capacity which is primarily used as backup or captive power and can be replaced by cleaner alternatives. $1M (~₹9CR) seed round. Founded in May 2024, Bangalore based. Founders: CEO Tapisj (IIT Kanpur '09) spent seven years at Technion - Israel Institute of Technology (post-doc, then scientist); CTO Ugandhar (BITS Pilani '03: Univ. of Southampton '22) was an engineer GE Aviation for close to 12 years.

Manufacturer of EVs for last mile logistics. These are scooter sized, fully covered vehicles, which can operate in harsh weather conditions and carry twice the number of orders as a scooter. Pilot deployments begin this year. $2M seed round. Angels in the round: founders and execs from Delhivery, OfBusiness, Pixxel, Boom Supersonic. Founded in Oct 2024, Delhi based. Founders Akshat and Himanshu (Thapar Institute of Engineering & Technology '23) founded Flynovate, drones for inspecting solar panels, together while in college.

Biomanufacturing company that converts industrial carbon emissions into premium biochemicals which can be used for food, pharmaceutical, nutraceutical, cosmetic, agricultural and advanced material industries. The company has developed a carbon biorefinery platform built on proprietary photobioreactor cultivation systems, with a PoC thermal plant set up last year which demonstrated continous carbon capture. Over the next 12-24 months, it will launch its first one-ton-per-day commercial plant and launch multiple pilots. ₹12CR (~$1.4M) seed round. Founded In Nov 2024, Hazaribagh (Jharkhand) based. Founders: Shreyansh (BITS Pilani; Cornell) was a Senior Manager in Takeda's internal manufacturing network, and was an Associate Manager at Bristol Myers Squibb; Umang (IcfaiTech) was an engineer at Cisco (14 years) including roles as Engineering Product Manager and Technical Lead; their father Sanjay is the founder of Sanjay Machineries and STC Hzb, businesses in Hazaribagh.

Underwriting and asset management platform for commercial EVs - three and four wheelers, buses and trucks. The platform provides financing, insurance, and assured buybacks. It will also provide savings products and to-up loans to support driver-owners and small fleet operators. The company is an offshoot of Exponent Energy, the vehicle fast charging platform that develops battery packs, charging stations and connectors. $2M pre-seed round. Founded in Sep 2025, Bangalore based. Founder & CEO Sandeep has held a range of roles at Ola, as Head of Strategy & Corp Dev At Ola Electric, VP of Strategic Alliances at Ola, and as CEO and CFO of Ola Fleet. He was also CEO of Envfin, the financing arm of Greaves Electric Mobility.

Company developing and manufacturing next generation battery cells, using LFP (Lithium Iron Phosphate) chemistry. Plans to set up a 250 MWh pilot manufacturing facility by 2027 and eventually scale to 2 GWh capacity. It has set up a 20K square foot R&D and pilot manufacturing facility in Bangalore. ₹27.4CR (~$3M) seed round. It raised its ₹7.5CR pre-seed round from Speciale in December 2022. Bangalore based, founded in Jun 2021.

Biomaterials startup developing sustainable, compostable alternatives to conventional plastics. It uses agricultural residues and lignocellulosic biomass (a plant based material) to create bio-based packaging materials (instead of petroleum-based plastics). This round is to scale production for its flagship product line, EcoGran. It has sold over 200K KG of its material to customers. 90% of its trials are converting to cmmercial deals with customers. ₹10.5CR seed round. Other investors in the round: DCG Pack, a strategic partner.

AI-led unified intelligence platform for the renewable energy industry, to replace work traditionally done by energy consultants/advisory firms. It helps commercial/industrial enterprises, independent power producers and energy advisors to plan, procure and manage renewable energy assets. It does so by bringing together techno-economic modelling, regulatory data and real-time simulations to improve forecasts before capital is committed to projects. Its simulations have helped with bidding for over 200MW of solar and wind projects. $1M pre-seed round. Founded in Oct 2023, Bangalore based. Founders: Rajat (IIT Madras '19) is from Log9Materials (founders office) and CleanMax; Mehul (also IIT-M '19) was Co-Founder & CTO of EdTech company Novatr (earlier known as Oneistox; YC S21) prior to which he was at CureFit.