Earth at night — who funds climate in India

Who Funds Climate in India?

The whole capital landscape in one place: grant funders, investors and acquirers. Every node is sourced. Nothing here is marketing.

49

Sourced nodes

34

Grant funders

8

Investors

7

Acquirers

A founder rarely needs more than three answers: what grants are open (the directory), who writes the cheques (investors, below), and who ends up buying (acquirers). This map answers the last two. It is a living directory of non-dilutive grants — this page is the capital landscape around them.

Filter by type, or search for a name, sector or startup. Click any node's source link to check our work — the trust is in the sourcing.

The map

Funders on the inner ring, investors in the middle, acquirers on the outer. Click a dot for what they support and where it's sourced.

Where the money moves: funders (inner ring) → investors (middle) → acquirers (outer). Click a dot for details.

Click a node on the map to see who it is, what they support, and where they're sourced from.

The full list

Same nodes, searchable and filterable by type.

49 of 49 nodes · every entry links to its source

Funders

(34)

ABIF IIT Kharagpur

programme

Agri-Tech & Climate-Smart Agriculture

Support: non-dilutive grant

Grants: iit-kharagpur-abif-incubation-program

ACT Grants

foundation

Climate Tech (Cross-Sector / General)

Support: non-dilutive grant

Grants: act-grants-climate-solutions-cohort

AIC-IIITH Foundation

foundation

Deep Tech & AI

Support: non-dilutive grant

Grants: akash-coherent-impacttech-program-aic-iiith

Ashoka University + Environmental Defense Fund

foundation

Climate Tech (Cross-Sector / General)

Support: non-dilutive grant

Grants: ashoka-university-climate-corps-fellowship-2027

C-CAMP

programme

Climate Biotech & Bioeconomy

Support: non-dilutive grant

Grants: c-camp-wadhwani-innovation-network-win-coe-seed-funding

CIE IIIT Hyderabad

programme

Deep Tech & AI

Support: non-dilutive grant

Grants: iiit-hyderabad-cie-avishkar-venture-studio

Climate Collective

foundation

Climate Tech (Cross-Sector / General)

Support: non-dilutive grant

Grants: climate-collective-accelerator-2026

Climate Intervention Environmental Impact Fund (CIEIF)

foundation

Climate Intervention & Climate Tech

Support: non-dilutive grant

Grants: climate-intervention-environmental-impact-fund-cieif

Cummins India

csr

Renewable Energy & Clean Energy

Support: non-dilutive grant

Grants: cummins-csr-green-energy-impact-fund

DBT / BIRAC

gov

Climate Biotech & Bioeconomy

Support: non-dilutive grant

Grants: birac-seed-fund-biotech-startup, birac-big-biotechnology-ignition-grant, birac-leap-fund-biotech-commercialization, dbt-birac-bio-ai-grant-bioe3, design-for-bioe3-challenge-dbt-birac, c-camp-birac-seed-scheme-climate-biotech

DIV Fund

foundation

Climate Tech (Cross-Sector / General)

Support: non-dilutive grant

Grants: div-fund-global-development-innovation-grants

DST

gov

Climate Resilience & Adaptation|Climate Tech (Cross-Sector / General)|Waste & Circular Economy|Water & Wastewater

Support: non-dilutive grant

Grants: dst-water-technology-initiative-wti, dst-nidhi-prayas-prototyping-grant, dst-climate-change-programme-sutra-pic, dst-nidhi-seed-support-system, iit-mandi-catalyst-nidhi-seed-support, dst-waste-management-technologies-program

GEF / UNDP

programme

Climate Resilience & Adaptation

Support: non-dilutive grant

Grants: gef-small-grants-programme-india-undp

HCLFoundation

foundation

Climate Tech (Cross-Sector / General)

Support: non-dilutive grant

Grants: hcltech-grant-climate-rural-development

HDFC Bank

csr

Climate Tech (Cross-Sector / General)

Support: non-dilutive grant

Grants: hdfc-parivartan-startup-grants-fy26

ICAR-NAARM a-IDEA

programme

Agri-Tech & Climate-Smart Agriculture

Support: non-dilutive grant

Grants: icar-naarm-a-idea-agri-business-incubation

IIM Calcutta Innovation Park

programme

Mobility & EV

Support: non-dilutive grant

Grants: maruti-suzuki-nurture-cohort-4-iim-calcutta-innovation-park

IIMA Ventures

programme

Climate Tech (Cross-Sector / General)|Climate Tech (Multi-Sector)

Support: non-dilutive grant

Grants: iima-ventures-bharat-climatetech-initiative, kotak-bizlabs-season-3-accelerator

IIMK LIVE

programme

Deep Tech & AI

Support: non-dilutive grant

Grants: deep-leap-incubation-program-iimk-live

IIT Madras

programme

Climate Tech (Cross-Sector / General)

Support: non-dilutive grant

Grants: iit-madras-techpioneer-grant-program

IKP Knowledge Park

programme

Climate Tech (Cross-Sector / General)

Support: non-dilutive grant

Grants: ikp-knowledge-park-climate-sustainability-grant

Kerala Startup Mission (KSUM)

gov

Agri-Tech & Climate-Smart Agriculture|Climate Tech (Cross-Sector / General)

Support: non-dilutive grant

Grants: agrinext-kerala-climate-resilient-agri-value-chain, ksum-idea-grant-kerala-startup-mission

MNRE

gov

Renewable Energy & Clean Energy

Support: non-dilutive grant

Grants: mnre-concentrating-solar-thermal-indian-industry-2026, mnre-startup-incubation-renewable-energy

MNRE / Startup India

gov

Renewable Energy & Clean Energy

Support: non-dilutive grant

Grants: innovative-projects-startup-grand-challenge-rts-dre

MeitY (Ministry of Electronics & IT)

gov

Climate Tech (Cross-Sector / General)

Support: non-dilutive grant

Grants: meity-tide-2-0-climate-change-innovation, samridh-meity-startup-accelerator

NSRCEL IIM Bangalore

programme

Waste & Circular Economy

Support: non-dilutive grant

Grants: nsrcel-iim-bangalore-circular-economy-incubation, circular-bharat-accelerator-nsrcel

Nasscom

programme

Deep Tech & AI

Support: non-dilutive grant

Grants: nasscom-deeptech-club-accelerate-climate

PIEDS BITS Pilani

programme

Deep Tech & AI

Support: non-dilutive grant

Grants: bits-pilani-pieds-seed-fund

Rainmatter Foundation (Zerodha)

foundation

Climate Tech (Cross-Sector / General)

Support: non-dilutive grant

Grants: rainmatter-foundation-climate-action-grants

SINE IIT Bombay

programme

Renewable Energy & Clean Energy

Support: non-dilutive grant

Grants: iit-bombay-sine-idfc-ignite-program

Social Alpha

foundation

Renewable Energy & Clean Energy

Support: non-dilutive grant

Grants: social-alpha-techtonic-clean-energy-program

Startup India / DPIIT

gov

Climate Tech (Cross-Sector / General)

Support: non-dilutive grant

Grants: startup-india-seed-fund-scheme

Villgro Innovations Foundation

foundation

Agri-Tech & Climate-Smart Agriculture

Support: non-dilutive grant

Grants: villgro-climate-smart-agriculture-program

i-Hub Gujarat (Govt of Gujarat)

gov

Climate Tech (Cross-Sector / General)

Support: non-dilutive grant

Grants: startup-srujan-seed-support-s4-ihub-gujarat

Investors

(8)

Rainmatter (Zerodha)

Corporate VC

Clean energy, agritech, sustainable food, circular/waste

Support: ₹50L–₹100Cr; Seed→Growth

Portfolio: Akshayakalpa, Solarsquare, Zerocircle, Ossus (green H₂)

Avaana Capital

Dedicated climate-tech VC

Energy transition, mobility, sustainable agri/food

Support: $1–3M first cheque; Seed/Series A

Portfolio: Kazam, Eeki Foods, Aerem, Turno, Terra.do

Ankur Capital

Early-stage DeepTech VC

Decarbonization, climate, agritech/food, energy

Support: $500K–2M initial, ~$10M follow-on; Seed/Pre-A

Portfolio: Vimano, OffGrid Energy Labs, String Bio

Omnivore

Impact VC (agritech + climate)

Climate-smart agri, agrifood, carbon credits

Support: $1–5M initial; Seed/Series A

Portfolio: Ecozen, Varaha, altM, Pixxel

NABVENTURES (NABARD)

Venture growth equity (Impact)

Agriculture, food, agtech, rural

Support: ~$2–7M/round; Seed–Series A/B

Portfolio: Aquapulse (led), Tan90, KisaanSay

Speciale Invest

DeepTech VC

Green H₂, energy storage, circular, materials

Support: $750K–1M; Pre-seed/Seed

Portfolio: Newtrace, Metastable Materials

Indian Angel Network (IAN)

Angel network

Cleantech, climate, agritech, energy/waste

Support: $400–600K (Alpha Fund $1–5M); Seed/Series A

Portfolio: GreenPod Labs (led), Carbon Masters

Artha Venture Fund

Early-stage microVC

Climate/EV/agritech slice of broader B2B thesis

Support: Seed ₹4Cr, Pre-A ₹8Cr, A ₹16Cr

Portfolio: Ecosense (Environmental IoT)

Acquirers

(7)

Mahindra & Mahindra

Conglomerate

EV cars, sustainable mobility

Deals: Reva Electric Car Company (2010) 55.2%

Reliance Industries

Conglomerate

Solar software, clean-energy tech

Deals: SenseHawk (2022) 79.4%, $32M

ABB (E-mobility)

Corporate

EV charging infrastructure

Deals: Numocity (2022) controlling stake

Tube Investments of India (Murugappa)

Conglomerate

Heavy-duty EV manufacturing

Deals: IPLTech (2022) 65.2%, up to ₹246 Cr

Jindal Worldwide

Conglomerate

EV two-wheelers

Deals: Earth Energy EV (2022) via Jindal Mobilitric

Ola Electric

EV company

EV two-wheelers

Deals: Etergo (2020)

Hero MotoCorp

Corporate

EV two-wheelers

Deals: Ather Energy (2023-24) ~40% progressive

How to read this

Funders give non-dilutive money (grants, CSR, programmes). Start here.
Investors take equity in exchange for capital. Dilutive, but part of the landscape.
Acquirers buy climate startups. Rare in India, mostly EV — the honest reality.
Every node links to its source (fund page, deal press, or regulator filing). If you can't verify a claim, we won't make it.