August 7, 2026
Your guide to a sustainable world
Dear {$$!!ReceiverUserName!!$$},
We’re bringing the latest developments from across India’s sustainability landscape—from Juniper Green Energy’s strong market debut and Baroda BNP Paribas Mutual Fund’s ESG fund mobilisation to growing investment in electric mobility and energy storage. Read on for insights into the investment, capital markets, and business trends shaping India’s sustainability ecosystem.
|
1. 🌱 Baroda BNP Paribas MF attracts ₹640 crore via ESG Best-in-Class Strategy Fund |
2. 🌍 NIIF’s India-Japan Fund accelerates climate investments over 18-24 months |
|
3. 🌾 Mitti Labs raises $9.5 million to scale climate-smart farming |
4. 🏭 SECI seeks carbon dioxide suppliers for green urea and methanol |
|
5. ⚡ River Mobility raises $120 million to expand India EV operations |
6. 🔋 Ola Electric enters utility-scale energy storage with Axis Energy |
|
7. 🚗 Dhoot Transmission bets on EV growth ahead of IPO |
8. 📈 Juniper Green Energy lists at 9 per cent premium on debut |
Baroda BNP Paribas Mutual Fund has pulled in more than ₹1,200 crore from two thematic launches this year. The ESG Best-in-Class Strategy Fund and the Services Fund drew money from investors across the country, showing real appetite for focused equity ideas.
Why this matters: The Services Fund alone collected over ₹590 crore, while the ESG fund brought in ₹640 crore earlier in the year. Together, they reached investors in more than 5,700 pin codes, which tells you these themes are striking a chord beyond big cities.
The Catch: The fund house says investors are looking past broad market exposure and want long-term growth stories tied to structural trends.
Read more on The Economic Times →
NIIF’s India-Japan Fund is about to move faster. Backed by $600 million, it has already put money into Ather Energy, Eka Mobility and Mahindra Last Mile Mobility, and now wants to finish deploying the rest within 18-24 months.
Why this matters: If you care about where climate capital is going, this is a useful signal. Krishna Kumar says the fund is sticking to proven business models, with roughly two-thirds of its portfolio aimed at climate plays and the rest at India-Japan opportunities.
The bottom line: NIIF has already invested about 40 per cent of the fund and is eyeing a bigger follow-on vehicle later, after it builds a stronger portfolio and keeps returning capital from exits.
Read more on mint →
Mitti Labs has just pulled in $9.5 million in fresh funding, led by Aramco Ventures, with support from Lightspeed India, Godrej Industries Group, Cisco Foundation, Francis Family Fund and Volta Circle. The Bengaluru and New York startup wants to grow across India and expand into the Philippines and Indonesia.
Why this matters: If you care about where climate tech is heading, this is a smart signal. Mitti Labs uses satellite imagery and AI to help farmers adopt water-efficient methods, then turns verified emission cuts into carbon credits that it can sell to companies chasing net-zero goals.
The Catch: The real test now is execution. Growing across new markets while proving those carbon savings at scale will decide how far this model can go.
Read more on The Economic Times →
India’s Solar Energy Corporation, SECI, is looking for carbon dioxide suppliers to support green urea and RFNBO-compliant green methanol projects. It wants to map sources, check suitability, and build the supply base for these cleaner fuels.
Why this matters: If you’re watching India’s green hydrogen push, this is a useful signal. Green methanol and urea need carbon dioxide plus renewable hydrogen, so SECI’s move could help unlock domestic production, exports, and bigger downstream opportunities.
What's ahead: The pre-bid meeting is on August 18, and bids close on September 17. That gives suppliers a clear window to step in and show they can meet the standards these projects will need.
Read more on The Economic Times →
River Mobility has just raised $120 million in an oversubscribed Series C round, and that is a big vote of confidence for India’s electric two-wheeler space. The Bengaluru-based brand plans to use the money to expand manufacturing, grow its store network and launch new products.
Why this matters: The round, led by Elev8 Venture Partners and Claypond Capital, also pulled in big names like Yamaha Motor Corporation, HDFC AMC and others. If you’ve been watching India’s EV race, this tells you River is aiming for scale, profitability and a much wider reach.
What’s ahead: River already sells about 5,000 units a month and operates over 75 stores. Now it wants more than 350 outlets by March 2028, plus a new plant and sharper products for the utility lifestyle segment.
Read more on ETAuto →
Ola Electric has stepped beyond scooters and into utility-scale energy storage, signing its first MoU with Axis Energy. The deal could see up to 20 GWh of battery systems deployed by 2032, giving Ola a fresh growth path.
Why this matters: You are looking at Ola’s new Mahashakti platform, which will serve commercial, industrial and utility users. The company says the partnership is an early sign of demand, while Axis wants reliable round-the-clock clean power.
What’s ahead: India may need 400 GWh of storage by 2032, so this market could get huge. Ola says its cell-to-system setup should help with safety, performance and lower lifetime costs.
Read more on The Hindu BusinessLine →
Dhoot Transmission is leaning hard into India’s EV shift, and you can see why. The Bain Capital-backed auto components maker says electrification will be its biggest growth driver, with premiumisation close behind as it prepares for an IPO next week.
Why this matters: The company already gets about a third of its revenue from Bajaj Auto, and it wants more EV-linked business. It is adding battery assemblies, onboard chargers, DC-DC converters and charging guns, while margins are still expected to hold at 15 per cent to 16 per cent.
The Catch: Dhoot has already spent about ₹1,000 crore on capex over the past four to five years, and it expects similar investment ahead as it scales up capacity and broadens its product mix.
Read more on The Hindu BusinessLine →
Juniper Green Energy had a cheerful debut on Thursday, listing at a 9 per cent premium over its IPO price. The stock opened at ₹245 on NSE and ₹242 on BSE, versus the issue price of ₹225.
Why this matters: If you were watching the IPO closely, the demand looks encouraging. The ₹1,800 crore issue was subscribed 7.97 times, and Juniper plans to use most of the money to cut debt and ease borrowing pressure.
The bottom line: That debt reduction could improve its balance sheet, while FY26 numbers also looked healthier, with total income up 41 per cent and profit after tax rising 11 per cent.
Read more on The Economic Times →
© 2025 ETB2B. All rights reserved.
Hit reply for any thoughts, suggestions, and feedback.