ARYA, a subsidiary of GPS Renewables, has secured Rs 100 crore funding from InCred Opportunities Fund and Spark Capital.
The funding will be used to develop Compressed Biogas (CBG) projects under joint ventures with Indian Oil Corporation and Bharat Petroleum Corporation Limited.
ARYA aims to contribute to India's transition to sustainable green energy.
GPS Renewables has previously raised funds through debt financing and equity funding.