Climate technology sector sees a partnership which aims to help Indian startups find funding

• This synergy is poised to facilitate the expansion of innovative climate solutions.
  
• Investors, stakeholders, and entrepreneurs can anticipate a series of collaborative initiatives and networking opportunities.
  
• This synergy is poised to facilitate the expansion of innovative climate solutions.
  

In a development in the realm of climate-focused investments in India, Green Frontier Capital, an early-stage venture capital (VC) fund with operations in both India and the U.S., has unveiled a strategic partnership with Companion Capital (Companion), a growth equity initiative with a focus on climate solutions.

This collaboration is crucial for startups and companies operating in the climate technology sector, particularly in terms of gaining access to funding beyond the Series A funding stage.

This partnership brings together the expertise of Green Frontier Capital in supporting startups during their nascent stages with Companion Capital's track record of driving growth and profitability for rapidly expanding enterprises. Together, they are equipped to propel businesses in the climate technology sector towards greater success while aligning with global sustainability goals.

Furthermore, this collaboration highlights the significance of cooperation across the investment spectrum, spanning from initial-stage support to growth capital infusion, as an influential force in advancing environmental innovation within India.

Says Sandiip Bhammer, Managing Partner of Green Frontier Capital, "The global climate tech market is projected to cross USD 182 billion by 2033. Green Frontier Capital and Companion’s combined strengths will foster innovation, drive impact, and generate substantial returns while making a significant positive difference to the planet.”

Says Riaz Currimjee, Managing Partner, Companion, "Green Frontier Capital's deep-rooted connections in the Indian climate tech ecosystem and ability to identify winning ideas and teams, paired with Companion’s growth equity skillset and connectivity across multiple growth markets, offer a complete solution for Indian climate businesses looking to grow locally and internationally. Together, we aim to shape the future of climate investing in India."

Both investors share a strong dedication to supporting forward-thinking businesses with a commitment to a more environmentally sustainable future. This strategic partnership is anticipated to enhance and streamline their investment procedures, equipping startups with an expanded array of resources, mentorship, and the financial backing needed to unlock their full potential throughout various stages of their growth journey, including the eventual exit phase.

In the near future, investors, stakeholders, and entrepreneurs can anticipate a series of collaborative initiatives, networking opportunities, and knowledge-sharing sessions arising from this partnership.