{"id":997490,"date":"2026-03-11T08:19:25","date_gmt":"2026-03-11T02:49:25","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=997490"},"modified":"2026-03-11T08:57:04","modified_gmt":"2026-03-11T03:27:04","slug":"climate-tech-startup-newtrace-raises-6-3-million-from-hdfc-bank-mitsui-sumitomo-peak-xv-others","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/03\/11\/climate-tech-startup-newtrace-raises-6-3-million-from-hdfc-bank-mitsui-sumitomo-peak-xv-others\/","title":{"rendered":"Climate-tech startup Newtrace raises $6.3 million from HDFC Bank, Mitsui Sumitomo, Peak XV, others"},"content":{"rendered":"<p>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. <\/p>\n<p>The round also saw participation from Peak XV\u2019s Surge, Aavishkaar Capital, Speciale Invest, Micelio Technology Fund and angel investors Manish Prataprai Gandhi and Renu Manish Gandhi.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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\u2019s Surge, Aavishkaar Capital, Speciale Invest, Micelio Technology Fund and angel investors Manish Prataprai Gandhi and Renu Manish Gandhi.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-997490","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/997490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=997490"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/997490\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=997490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=997490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=997490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}