70 Indian climate-focused startups raised $839 Million over 75 transactions across 2 quarters in 2022.

Sustainable mobility is ahead of the curve with maximum number of transactions and investment volume. Solutions around energy optimisation, storage and management and energy access continue to be popular segments. Investors are tapping into prospects for emerging innovations in green hydrogen and other biofuels.

Investors are also lately prioritizing the waste management and circular economy segment. New solutions in plastic recycling, sustainable waste/metal extraction, and waste-to-value products exhibit promise of innovation and environmental impact. The growing awareness about direct and indirect implications of agricultural practices on climate change has spurred deal activity in climate-smart agriculture. Enterprises working towards organic farming or products and plant-based products such as dairy etc. are making gradual headway in raising investments.