The PM Surya Ghar Muft Bijli Yojana (PMSGMBY) scheme has achieved a significant milestone in empowering households with solar energy and also boosting India’s green finance. As of September 2025, India’s...
Category - Sustainable Investments & finance
IREDA Successfully Raises Fresh Capital via QIP to Boost Green Financing
Government-owned Indian Renewable Energy Development Agency Ltd. (IREDA) has successfully raised Rs 2,005.90 crore (~US$ 230 mn) through a Qualified Institutions Placement (QIP). Under the control of the Ministry of New...
Climate-tech startup Stride Green Raises US$3.5 million Seed Funding
Climate-tech startup Stride Green, focused on asset financing and lifecycle management for sustainable businesses, has raised US$3.5 million in a seed funding round. The seed funding was led by Bengaluru-based...
India’s Carbon Offset Plan Hits the Ground
Now companies in India can compensate for their greenhouse gas (GHG) emissions by investing in projects that reduce or remove carbon emissions elsewhere. In June 2023, the Indian government notified the Carbon Credit...
Ecofy Finance secures a $12.5 million long-term loan from Denmark-based Fund
Ecofy Finance, a non-banking finance company, has secured a $12.5 million long-term loan from Denmark’s Investment Fund for Developing Countries (IFU). The Maharashtra-based startup provides EMI-based loans to...
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