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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…

How innovative business models can lead to more opportunities for climate investing

Emphasising how the world has to think about innovation as it looks to drive climate  impact and climate outcomes, Dhanpal Jhaveri , Vice-Chairman of Everstone  Group, said that climate inve…

Decoding green loans

Rajashree Nambiar, co-founder, MD & CEO, explains how lenders can make money out of green loans. In this episode of the Current Account podcast, Hamsini Karthik talks to Rajashree Nambiar, co-foun…

Eversource Capital’s climate impact fund commits over $600m to various assets in portfolio

Eversource Capital-backed Green Growth Equity Fund (GGEF), which raised $741 million in late 2021, has surpassed over $600 million in commitments to various assets in its portfolio. https://www.dealst…

Uber to start EV operation in India next month, inks multiple partnerships to drive green mobility

The ride-hailing platform has added fleet partners such as Lithium Urban Technologies, Everest Fleet, Moove to deploy 25,000 electric vehicles across Uber’s top 7 cities in India. US-based ride-hail…

Ecofy partners Piaggio Vehicles to provide financing on electric three-wheeler range

Ecofy, a green-only NBFC has partnered Piaggio Vehicles (PVPL) a leading manufacturer of small commercial vehicles to provide financial assistance to individuals and corporations on electric three-whe…

GreenCell Mobility’s all-women intercity ebus recognised by Asia Book of Records

Indian electric bus brand, NueGo, by GreenCell Mobility, has been honoured by the Asia Book of Records and India Book of Records certifications and citations for launching the first-ever all-woman int…

How can investors create a carbon-friendly investor profile? 

Govind Sankaranarayanan, co-founder and COO at Ecofy talks about how retail investors can go green In light of that, what should a retail investor keep in mind while choosing sustainable investments? …