Author: VG Admin

Kairus

Kairus

Sector Automotive | Battery Website www.kairusenergies.com Location Pune Stage Pre-Revenue

Dr Safehands

Dr Safehands

Sector Healthtech | Wellness Website www.drsafehands.com Location Delhi Stage Early Revenue

Garuda

Garuda

Garuda

About Us

India’s leading Drone-As-A-Service aggregator, renowned for its innovative and diverse solutions spanning from thermal imaging to Industry 4.0 services.

Celebrated with accolades like the NDRF Award for Bravery and recognition from global figures such as Elon Musk, Garuda Aerospace’s vision is clear: to elevate India’s standing in the global drone industry.

Funding Update: A leading family office has invested. Clocked 47Cr revenue in FY23 and expected closure of FY’24 at 120Cr+, Garuda will utilize the funds to process the orders booked.

The global commercial drone market is expected to surge at a CAGR of ~22% by 2025, with North America, Europe, and Asia Pacific capturing around 80% of this market. Key sectors like Industry 4.0 and agriculture are driving this growth. Garuda Aerospace, with its diverse drone applications, is primed to capitalize on this expansive market potential across various industries..

Opportunity

TEAM

Founder & CEO

Harvard Alumni, Mechanical Engineer & Managed companies valued over $ 100 Million. Awardee of UN Young Leader and Forbes 30Under 30 Awardee.

Chief Investment Growth Officer

Over 18 years of experience in Investments, Strategic acquisitions, JVs and M&A across Asia and Middle East region, Pre IP and IPO background.

Chief Product Officer

Ex-Executive Director of HAL, Board Member/Chairman on JVs with Rolls Royce and Safran and over 37 years of experience.

Chief Product Officer

Ex KPMG, CA, Corporate Governance and Financial Modelling.

Optimized Electrotech

Optimized Electrotech

Sector Defense & Space Manufacturing Website www.optimizedelectrotech.com Location Gurugram Stage Growth

Functionup

Functionup

Sector Edtech Website www.functionup.org Location Delhi Stage Growth

Rosh.ai

Rosh.ai

About Us

We are a cutting-edge deep tech B2B startup specializing in driverless and Advanced Driver Assistance Systems (ADAS) technology for automotive manufacturers, OEMs, semiconductor companies, and EV companies.

With a rich history in autonomy development, RoshAi stands as a trusted partner for industry leaders seeking to navigate the rapidly evolving landscape of autonomous vehicles with clients like Ola electric, Nokia, Aditya Birla, Continental and Quest Global.

The Indian ADAS market presents a lucrative opportunity, with a projected CAGR of 18.80% from 2.12 billion USD in 2023 to 9.98 billion USD in 2032, signaling significant potential for innovation and investment in advanced automotive safety technologies.

Opportunity

TEAM

Founder & CEO

Cisionary leader and pioneer in India’s driverless car revolution, known as “The Man who Kickstarted India’s Driverless Car Revolution” by NASSCOM. Former TCS Global Head of Robotics and Cognitive Systems, instrumental in multi-million-dollar AI-based automation deals. Brings over 20 years of hands-on experience in robotics and AI, with a focus on fostering indigenous technological growth.

Co-Founder & CTO

Autonomous vehicle technology architect with a strong track record. Previously collaborated with leading tier 1 companies in autonomous vehicle technology. Brings over 15 years of hands-on experience in computer vision, deep learning, and machine learning, specializing in vehicle navigation and control in complex scenarios..

Tidal Waves

Tidal Waves

Sector Industry Automation Website www.tidalwave.tech Location Mumbai Stage Growth

Hunyhuny

Hunyhuny

Sector Consumer Brand Website www.hunyhuny.com Location Gurugram Stage Growth

Metafin raises Funds

Metafin raises Funds

12 February 2024, Gurugram: Metafin, a clean tech-focused non-banking finance company (NBFC), has successfully secured $5 million in a recent funding round. Prime Venture Partners and Varanium Capital led the investment, Venture Garage was the financial advisor to Metafin in this transaction. 

Founded in 2019 by Sandeep Chopra and Aditya Shah, Metafin is serving the needs of over 5 million MSMEs with 1 – 150KW solar rooftop installation and financing projects, leveraging its extensive network of lending and installer partners to power financial inclusion and energy access till the last remote villages of India. Metafin’s unique project led financing approach has a three fold impact on communities with sustainable solutions that positively impact the environment, energy infrastructure and financial inclusion of semi-urban and rural communities.

Metafin has enabled almost 1,000 installations in UP & Bihar (14+ MWs) of which 90% are off-grid, replacing diesel directly. These installations have helped avoid 147 million Kgs of CO2 to date. This success showcases the effectiveness of Metafin’s scalable, 360-degree approach to cleantech financing, focusing on understanding the end borrower, the solar asset, underwriting and collections.


India has set a 280GW target for solar adoption by 2030, and Metafin plays a pivotal role in achieving this goal by facilitating retail-scale solar projects. By providing tailored financing solutions and ensuring the quality and reliability of each solar project, Metafin contributes to sustainable energy adoption and aligns with India’s mission on decarbonization. The company is actively engaging with banks and other financing partners to collaborate on lending to this segment, with each loan providing ESG impact at multiple levels while delivering attractive returns on secured assets.

Metafin’s growth has been powered by backing of a network of investors and partners including IFC, 9Unicorns, Unitus Capital, Harvard i-Labs, Venture Catalysts, VG Angels and Smart Power India. 

To know more about Metafin: click here

Ecoratings

Ecoratings

Sector Sustainability Website www.ratings.eco Location Delhi/NCR Stage Early