Investment Summary

349

Amount Invested
(USD Mn)

47

No. of Deals

Climate-tech

Leading Sector


Deal Flow

*All figures in Million USD









Voices from the Industry





IIC's Family Grows


Transition VC is on a mission to offset ~40 million tons of carbon footprint through its investments, equivalent to 1% of India’s annual carbon emissions. Recognizing the urgency of the climate crisis, Transition VC is dedicated to harnessing the power of capital to safeguard our planet.

By investing in breakthrough technologies that promise to revolutionize how the world consumes energy, the fund focuses on engineering solutions that drive the transition from a fossil fuel-driven economy to a sustainable, greener economy, aiming to create a lasting impact on the environment. Transition VC targets innovative Climate Tech solutions through venture capital seed investing, believing in the synergy between financial success and environmental responsibility.

The fund envisions an ~$200 billion energy transition opportunity in India by 2030 and highlights the critical 1.5-degree Celsius threshold, emphasizing the necessity for immediate action to achieve net-zero emissions.

Transition VC sees immense potential in the 70% of crucial net-zero technologies still in their early stages. By investing in electric mobility, green hydrogen technologies, renewable energy, and other novel technologies across the Climate Tech value chain, Transition VC aims to reshape the future of our planet through impactful investments that drive the transition to a sustainable economy.

To know more about Transition VC, visit https://transitionventurecapital.com/

Interesting Reads for the Month

What's New @ IIC


The Month That Was

IIC’s flagship biennial event - Prabhav 2024 has been formally announced and the agenda is now live. The 5th Edition of Prabhav is scheduled to take place on the 12th and 13th of September at The Grand, New Delhi, India. Visit our website Prabhav 2024 now to explore and secure your seat.


🍀 Designing Innovative Financing Mechanisms for Inclusive Businesses - IIC @ Impact Harvest Forum, Thailand

The Impact Investors Council (IIC) successfully collaborated with the United Nations ESCAP team to lead a workshop at the prestigious Impact Harvest Forum, supported by the Bill & Melinda Gates Foundation. The event brought together 100 delegates, including investors, regulators, entrepreneurs, and other key stakeholders.

Girish Aivalli, CEO, and Neha Bhatnagar, Vice President of Partnerships at IIC, showcased the India story, emphasizing the region's progress and opportunities. They also highlighted the pivotal role of innovative financial mechanisms in driving sustainable development.


✨ Roundtable discussion - 'Sustainability Reporting Requirements'

Girish Aivalli, CEO of IIC, recently participated in a roundtable on 'Sustainability Reporting Requirements' organized by the IFSCA and the UNDP Financial Centres for Sustainability (FC4S). This cornerstone event aimed to provide insights from the Indian perspective to the G20 Sustainable Finance Working Group (SFWG).

During the discussion, Girish emphasized the necessity for the private sector to meet sustainability reporting standards and highlighted the challenges that SMEs face in fulfilling these requirements. He also advocated for measures to provide SMEs with tailored support for sustainability reporting, ensuring a smoother transition and more comprehensive future reporting. Additionally, Girish discussed the increasing role of digital technologies in improving the efficiency and accuracy of sustainability reporting.


✨ The 6th Chapter of The India Room Series

The Impact Investors Council (IIC) held an exclusive Phygital Family Office Session, attended by 17 Family Offices from the US, Hong Kong, the UK, Singapore, and India, alongside 40 leading Indian impact investors and ecosystem players. The session featured discussions led by key industry leaders on the evolving impact landscape in India, the crucial role of Family Offices, and the need for standardized impact measurement and collaboration.


🖥️ Measuring Social Impact: Lessons from India - 60 Decibels

Divya Pinge, Head of Research at IIC, recently participated in a panel discussion organized by 60 Decibels on The State of Impact Measurement in India. During the discussion, Divya highlighted how investors are approaching impact measurement in the impact investing space, recent trends, developments, and emerging structures for impact measurement. You can also find the recording of the session here.


📰 The India Blended Finance Bulletin: Expert Insights

The ninth edition of the IBFC Bulletin is now live. Click here to catch the latest news from the world of blended finance and learn more about blended funds with great potential for impact across sectors such as healthcare, education, and climate action.


Watchout For

The 7th Chapter of The India Room Series

The seventh chapter of The India Room Series will focus on fostering collaborations between Indian impact investors and Nordic & Northern European LPs. Happening on July 2nd, 2024 in the city of Mumbai, this exclusive event will feature keynotes, sectoral presentations on Climate Tech, Agriculture, and the Legal landscape, and an open discussion between the India Impact GPs and the Nordic & Northern European LPs. Attendees will benefit from networking sessions and gain valuable insights into the India Impact Investing Landscape, with the aim to foster relations and strengthen ties between stakeholders from both regions.

Market Pulse: Insights from Gender Lens Investing

IIC’s monthly bulletin in July will include insights from experts through a gender lens perspective.

🌟 Climate Bulletin

The 8th edition of IIC’s Climate Bulletin will include investment summary of the ClimateTech enterprises in the preceding quarter, along with insights from industry practitioners in India's Climate ecosystem.

About Impact Investors Council:
Impact Investors Council, India (IIC) is a member-based national industry body formed with an objective to build and strengthen the impact investing eco-system in India. To know more about our work visit https://iiic.in or reach out to secretariat@iiic.in

Disclaimer: Data and Information in this newsletter is made available in good faith with the exclusive intention of helping market and ecosystem players, policymakers and the public build a greater understanding of the Indian impact investing market. The data is collated from sources believed to be reliable and accurate at the time of publication. Readers are urged to exercise independent judgment and diligence in the usage of this information for any investment decisions

Some of the information provided in this newsletter is supplied by third parties. It is important that all users understand that third party information is not an endorsement of any nature and has been put together with the sole purpose of benefiting stakeholders.

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