Matel Raises ₹130 Crore in Series B Led by UC Impower
Pune-based Matel Motion & Energy Solutions has raised ₹130 crore (around $15 million) in a Series B funding round led by UC Impower. The round also saw Catamaran join as a new investor, while existing backer Transition VC participated in the financing. The fresh capital will help the electric mobility technology company expand its manufacturing […]
Transition VC Launches ₹1,500 Crore Fund II for Energy and DeepTech Startups
Climate-Focused VC Firm Expands Investment Strategy Across Energy Transition, Advanced Manufacturing and Semiconductors Transition VC, a Bengaluru based venture capital firm focused on energy transition technologies, has launched its ₹1,500 crore Fund II (approximately $150 million) to invest in early-stage energy and deeptech startups. The new fund is more than double the size of its […]