Tag: climate finance
STARTUP/TECHNOLOGY Astranova Mobility Subsidiary Gets RBI Licence, Eyes ₹5,000-Cr Assets

Astranova Mobility, an electric vehicle financing and asset-management platform, has secured Reserve Bank of India (RBI) approval for its lending subsidiary, NovaFusion Capital, to operate as a non-banking financial company (NBFC). The licence was secured within 90 days, marking a step towards building a dedicated climate-financing platform. Astranova aims to achieve ₹5,000 crore in assets […]

CW Bureau · Oct 15, 2026
INFRASTRUCTURE 90% Of Renewable Energy Pipeline Faces Climate Risks By 2030: Report

Nearly 90% of India’s planned renewable energy capacity could face high or critical climate risks by 2030, underlining the need to make climate resilience a core part of the country’s clean energy transition, according to the latest Sustainability and Climate Pulse report released by Uniqus Consultech. The report estimates that around 239 GW of planned […]

CW Bureau · Aug 5, 2026
STARTUP/TECHNOLOGY Ecofy Raises ₹380.5 Cr Equity To Expand Retail Green Finance

Mumbai-based Ecofy, a green NBFC backed by Eversource Capital, has raised ₹380.5 crore in fresh equity capital to accelerate the growth of India’s retail green finance market. The funding round saw participation from two global development finance institutions — British International Investment (BII), the UK’s development finance institution and impact investor, and Finnfund Digital Access […]

CW Bureau · Mar 16, 2026