Indian startups to get $200-mn VC fund focusing on 4 areas of climate tech

The fund is targeting 15-20 investments with ticket size of $500,000 to $20 million

The startup ecosystem is set to get a $200 million venture capital fund that will focus on climate tech looking at four core verticals, namely green buildings, energy storage, sustainable agriculture and alternative energy such as hydrogen and nuclear power.

Founded by Harsha Moily, the fund is likely to achieve financial closure by December, and the deployment of funds will begin from January next year. The fund is targeting 15-20 startup investments and the ticket size would vary between $500,000 and $20 million.

“The idea of the fund is to finance brilliant entrepreneurs in India and Israel working on tech solutions to