New Delhi, BioCompute, a startup that uses DNA for data storage to tackle emissions from data centres, won India's largest non-equity climate entrepreneurship grant of Rs 31 lakh at the SusCrunch 2024 program organized by Sustainability Mafia (SusMafia).
The “Big Pie” grant, jointly offered by Pilani Innovation and Entrepreneurship Development Society and Susamafia, aims to bring biocompute to the forefront of the global fight against climate change, organizers said in a statement.
The summit, supported by government and private partners, also featured ideas from 10 other climate action startups from India that are generating revenue and ready to scale their solutions.
“We aim to catalyze investments of US$100 million in Indian climate tech startups by 2030 from individual and angel syndicate investors,” said Priya Shah, general partner at seed-stage climate tech fund Theia Ventures. Thea is the investment partner for SusCrunch 2024.Gagan Aggarwal, Founder of Planet Electric, unveiled high-performance electric trucks at the event, while Kuldeep Jain, Founder and Managing Director of CleanMax, shared insights about building a large renewable energy company in India.
The summit also marked the graduation of the first cohort of SusVentures, a SusMafia program mentoring early-stage climate entrepreneurs in collaboration with Birla Institute of Technology and Science (BITS Pilani).
In the first batch, 48 student entrepreneurs from BITS campuses created 14 startups in areas such as circular economy, energy efficiency and electric vehicles.
Five student startups mentored by Susamafia were showcased, including Agrivolt (agri-voltaic for industries), Positive Zero (software for sustainable fashion brands), Zoolless (wireless IoT device) and Swilato (a device for reducing vehicle emissions). app) are included.
The “Big Pie” grant, jointly offered by Pilani Innovation and Entrepreneurship Development Society and Susamafia, aims to bring biocompute to the forefront of the global fight against climate change, organizers said in a statement.
The summit, supported by government and private partners, also featured ideas from 10 other climate action startups from India that are generating revenue and ready to scale their solutions.
“We aim to catalyze investments of US$100 million in Indian climate tech startups by 2030 from individual and angel syndicate investors,” said Priya Shah, general partner at seed-stage climate tech fund Theia Ventures. Thea is the investment partner for SusCrunch 2024.Gagan Aggarwal, Founder of Planet Electric, unveiled high-performance electric trucks at the event, while Kuldeep Jain, Founder and Managing Director of CleanMax, shared insights about building a large renewable energy company in India.
The summit also marked the graduation of the first cohort of SusVentures, a SusMafia program mentoring early-stage climate entrepreneurs in collaboration with Birla Institute of Technology and Science (BITS Pilani).
In the first batch, 48 student entrepreneurs from BITS campuses created 14 startups in areas such as circular economy, energy efficiency and electric vehicles.
Five student startups mentored by Susamafia were showcased, including Agrivolt (agri-voltaic for industries), Positive Zero (software for sustainable fashion brands), Zoolless (wireless IoT device) and Swilato (a device for reducing vehicle emissions). app) are included.
