Climate-tech startup Newtrace raises $6.3 million from HDFC Bank, Mitsui Sumitomo, Peak XV, others
Climate-tech startup Newtrace has raised $6.3 million (Rs 56.9 crore) in a round led by HDFC Bank and Mitsui Sumitomo Insurance Venture Capital, which valued the company at $30 million, post money.
The round also saw participation from Peak XV’s Surge, Aavishkaar Capital, Speciale Invest, Micelio Technology Fund and angel investors Manish Prataprai Gandhi and Renu Manish Gandhi.
