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Don’t see any frothiness in climate sector valuations: Eversource’s Dhanpal Jhaveri

Eversource Capital, a joint venture of Indian private equity firm Everstone Capital and the UK-based Lightsource BP, raised $741 million for its maiden climate-focused fund two years ago and is now ge…

Eversource firming up game plan for second fund; plans more buyouts, new themes

Climate-focused investor Eversource Capital, a joint venture of Indian private equity firm Everstone Capital and the UK-based Lightsource BP, is considering new investment themes for its second fund a…

Ecofy Fulfilling India’s Solar Dream with Cutting-Edge Financing Solutions

The Company’s impact extends across more than 10 states, strengthened by collaborations with over 300 EPC installers, enhancing its geographical reach. Ecofy is marking a significant milestone after…

Navigating uncertainty: The role of ERM in PE and VC investments

A robust ERM system forms the cornerstone for optimising internal audit planning, facilitating thorough internal control assessments, and cultivating an effective framework for risk management and aud…

Eversource is powering progress towards Net Zero with strategic investments

Eversource Capital CEO Dhanpal Jhaveri on how his organisation is driving India’s climate action agenda with pioneering investments in renewable energy, e-mobility, waste-to-energy, water manage…

Climate-focussed NBFC Ecofy secures Rs 90 crore in equity funding from Dutch bank FMO

Climate-focussed NBFC Ecofy secures Rs 90 crore in equity funding from Dutch bank FMO With this infusion, Ecofy plans to grow its loan book, diversify its product base and eventually improve its own c…

Climate-focussed NBFC Ecofy raises $10.8M to grow its loan book

Backed by Eversource Capital, Ecofy offers loans to climate change-related businesses and individuals, such as for EVs, rooftop solar panels, and SMEs, among others. Ecofy, an NBFC that focuses on sup…

Climate investor Eversource receives grant funding from US and Danish governments

Eversource, a climate investment joint venture between Everstone Group and Lightsource BP, on Tuesday said that it has received so-called catalytic concessional capital from the U.S. Department of Sta…

STARTUP NEWS AND UPDATES: DAILY ROUNDUP (DECEMBER 5, 2023)

Rural fintech startup Navadhan has raised 40 crore ($5 million) in its Pre-Series A round led by Prime Venture Partners. Existing investors, Gemba Capital and Varanium NexGen Fintech Fund also partici…

Eversource secures blended finance at COP28

Eversource, a climate impact investor in India, has received catalytic concessional capital from the US Department of State and the United States Agency for International Development (USAID) through i…

COP28: Another cop or another cop-out?

“The 28th Conference of the Parties (COP28) kicks off in Dubai, marked by rising temperatures, a global energy crisis and conflicting climate goals due to changing priorities. The planet briefly…

Raising the stakes on climate funding – the significance of blended finance

It is a fact that the last decade has been the hottest in 125,000 years! Climate change is a reality, and the Earth is getting warmer each day. The Paris Agreement, signed by 200 countries in 2015, ai…