SynopsisTransition VC launched its second fund targeting Rs 1,500 crore for energy transition startups. This new fund will invest in approximately twenty to twenty-three hardware and deeptech companies. Deployment of capital is scheduled to commence in the third quarter of fiscal year twenty twenty-seven. Transition VC, which is focussed exclusively on energy transition, launched its second fund with a target corpus of Rs 1,500 crore ($150 million), more than doubling the size of its maiden vehicle (Rs 700 crore), as investor appetite for climate and energy technologies gathers pace.The new fund will invest in about 20-23 hardware and deeptech startups across the energy demand and supply value chain, writing cheques of $2-5 million. TheNow Playing
Transition VC opens Rs 1,500-crore Fund-II for energy-tech firms - The Economic Times
Transition VC launched its second fund targeting Rs 1,500 crore for energy transition startups. This new fund will invest in approximately twenty to twenty-three hardware and deeptech companies. Deployment of capital is scheduled to commence in the third quarter of fiscal year twenty twenty-seven.
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