New Delhi, Dec 11 Mahindra Group firm Mahindra Susten on Wednesday said its wholly-owned subsidiary Martial Solren has secured a term loan of ₹1,448 crore. Martial Solren, a 100 per cent wholly-owned subsidiary of Mahindra Susten Private Ltd, the clean-tech arm of the Mahindra Group, has successfully secured a rupee term loan of ₹1,448 crore, a company statement said. The …
BENGALURU : Lightspeed Venture Partners is in advanced discussions to lead a $30 million funding round in SolarSquare, a rooftop solar startup, alongside other investors, two people familiar with the matter told Mint. The investment follows a $4.2 million round raised by SolarSquare earlier this year from investors including Zerodha’s Rainmatter Capital, Gruhas Proptech led by Zerodha co-founder Nikhil Kamath, …
CAI MENG/CHINA DAILY Two recent events have indicated escalating trade tensions in the clean-tech sector. On June 13, the European Commission announced the preliminary results of its ongoing investigation into so-called Chinese NEV subsidies, concluding that China's NEV value chain benefits from "unfair subsidization" that hurts EU rivals, and planning tentatively to impose extra tariffs ranging from 17.4 percent to …
What do Meera Jatt, a dairy company director from the Dooni Tonk area in Rajasthan, Pooja Verma, who organised and trained hundreds of women in silk reeling, and Lalita Devi, who leads a farmer producer company with a ₹6 crore annual turnover in Fatehpur, Uttar Pradesh have in common? A recent Council on Energy, Environment and Water study has shown …
Green energy investment is hot again in the US. Although investors will experience some ups and downs, I’m pretty confident that the clean-tech industry as a whole won’t experience the kind of bust it did last time. Venture investing does well when it doesn’t have to bet on ‘hard tech’, and much of clean tech is no longer hard. It’s …
