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Avaana Capital raises $135M fund for climate and sustainability tech startups

  • Avaana Capital has closed its $135 million Avaana Climate and Sustainability Fund.
  • The fund will invest in early-stage companies using technology for climate mitigation and adaptation in India.
  • Institutional investors such as the Green Climate Fund, U.S. International Development Finance Corporation, and UK Government are among participants in the fund.
  • The focus sectors of the fund include Energy and Resource Management, Mobility and Supply Chains, and Sustainable Agriculture and Food Systems.

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