About the Challenge
The ‘Grand Challenge for ClimateTech Innovation’ by Startup India, in partnership with Avaana Capital, aims to identify and support entrepreneurs building world class solutions to aid India and the world in transitioning to net zero.
Startup India is a flagship initiative of the Government of India, intended to catalyse startup culture and build a strong and inclusive ecosystem for innovation and entrepreneurship in India. Startup India was launched in January 2016 under the Department for Promotion of Industry and Internal Trade (DPIIT) and has rolled out several programs with the objective of supporting entrepreneurs and transforming India into a country of job creators, rather than job seekers.
Avaana Capital is an early-stage venture capital (VC), investing in disruptive, technology-led innovations to catalyse climate solutions and deliver exponential returns. Avaana Capital manages Avaana Climate and Sustainability Fund, India’s first and largest climate-tech VC fund. It invests in the broad areas of energy and resource management, mobility and supply chains, and sustainable agriculture and food systems.
Themes for the challenge –
- Energy Transition and Mobility
- Sustainable Food and Agriculture Systems
- Industrial Decarbonisation and Built Environment
- Circular Economy
- Climate Finance
- Carbon Capture, Removal, and Storage
- Climate Data and Reporting