Source: Business Standard — Newsroom

Euler Motors secures $20 mn in debt funding from responsAbility Investments

We are excited to announce that Euler Motors, one of our portfolio companies and a leader in the commercial electric vehicle (EV) segment, has successfully secured $20 million in debt funding from responsAbility Investments, a globally renowned impact investment firm.

This funding will enable Euler Motors to scale its operations, enhance manufacturing capacity, and accelerate the adoption of sustainable mobility solutions in India. The investment underscores responsAbility’s commitment to supporting innovative businesses driving environmental and social impact.

Euler Motors continues to demonstrate strong market leadership with its cutting-edge EV technology, robust performance, and commitment to decarbonizing last-mile logistics. This milestone brings the company closer to its vision of creating a cleaner and more sustainable future for transportation.

Congratulations to the team at Euler Motors for this significant achievement!

Green Frontier Capital launches Sebi-approved fund worth Rs 1,500 crore

Business Standard shares a landmark moment for Green Frontier Capital!

Our first SEBI-approved Category 2 AIF, the India Climate Opportunities Fund, is now live with a target of ₹1,500 crores. Focused on India’s climate tech ecosystem, this fund will support startups leading the charge in decarbonization, digital transformation, and sustainable innovation.

Together, let’s drive India’s journey towards a greener future.

PressGreen Frontier CapitalNovember 13, 2024Green Frontier Capital, Source: Business Standard

AI push: Farmers reap better quality and yield, but challenges remain

Karan Mehta, Venture Principal at Green Frontier Capital, has been featured in Business Standard's article titled "AI Push: Farmers Reap Better Quality and Yield, but Challenges Remain." The article underscores the need for a 70% increase in global food production to support a projected 9.1 billion people by 2050, with India playing a crucial role. As climate change impacts agriculture, AI technology will be key to addressing these challenges. Karan offers valuable insights into the obstacles faced by Agritech startups and the future outlook for the industry.

BluSmart launches 100% all-electric premium limousine service in UAE

Business Standard reports: BluSmart, South Asia’s largest all-electric ride-hailing service, has launched in the UAE with its hashtag #RideSmartDubai campaign. The company introduces the UAE’s first 100% electric premium limousine service, starting with a fleet of Audi e-tron cars. BluSmart aims to support sustainable transportation with industry-first features like zero driver cancellations and CO2 tracking.

PressGreen Frontier CapitalJune 3, 2024BluSmart, Source: Business Standard

Commercial EV-maker Euler Motors raises Rs 120 cr in funding round

Euler Motors, a commercial electric vehicle manufacturer, has successfully raised Rs 120 crore in its ongoing series-C extension round. The total investment now stands at Rs 690 crore, supporting Euler Motors' pan-India expansion plans to enter 40 cities by FY 2023-24.

PressGreen Frontier CapitalNovember 16, 2023Green Frontier Capital, Euler Motors, Source: Business Standard

MLR Auto partners with Revfin Services to offer electric vehicle financing

Capital Market via Business Standard reports MLR Auto, an associate company of Greaves Electric Mobility (GEMPL), has entered into an agreement with Revfin Services (Revfin), an advanced digital consumer lending platform that makes getting a loan convenient and accessible to all individuals.

PressGreen Frontier CapitalMarch 10, 2023Source: Business Standard, Revfin

FAME II scheme helps put EV transportation on a par with ICE vehicles

S Dinakar writes: The subsidies extended under the second edition of the Faster Adoption and Manufacturing of Electric vehicles (FAME II) scheme can be described as fiscal steroids on wheels for an undernourished electric vehicle (EV) industry.

PressGreen Frontier CapitalOctober 4, 2022Source: Business Standard, Emotorad

India, US must cooperate in climate change, semiconductors: Gautam Adani

Business Standard reports the two countries must commit to 'free trade, openness, integration' of economies, says Adani Group chairman in award acceptance speech.

ResearchGreen Frontier CapitalSeptember 7, 2022Source: Business Standard

Net zero is net positive for profits, people, and planet

Jayant Sinha for Business Standard reports that pursuing green technologies will result in much faster GDP growth.

ResearchGreen Frontier CapitalAugust 30, 2022Source: Business Standard, Jayant Sinha

Ride-hailing service BluSmart closes Series A1 funding round, raises $25 mn

Business Standard reports BluSmart has closed a Series A1 round raising $25 million, a follow-up to a prior Series A round, bringing the total of its Series A investment to $50.7 million.

Bending India's emissions curve

Jayant Sinha for Business Standard reports achieving net zero by 2070 requires India to transition to a fundamentally different development model during this decade. Scientific studies indicate that today’s development model results in greenhouse gas emissions continuing to increase every year.

ResearchGreen Frontier CapitalDecember 27, 2021Source: Business Standard, Jayant Sinha

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