IndusDC earmarks Rs 100 crore to co- build hard tech startups in India

In a first-of-its-kind blended finance model, IndusDC, a venture studio with a mission to cut down 1 gigatonne (GT) of CO2 emissions by 2035, has earmarked Rs 100 crore for FY25 and 26 to identify and co-build hard tech startups in India.

It will identify opportunities and support hard tech innovations primarily across the industrial and energy sectors, which contribute to more than 70 per cent of the global CO2 emissions, the venture studio said.