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Paschim Renewables: Paschim Renewables to invest Rs 150 crore in Karnataka for 30 MW solar project


Bengaluru-based Paschim Renewables Pvt Ltd (PRPL), a clean energy company, will set up a 30 MW solar power generation facility in Karnataka’s Raichur district. The project, with a total proposed investment of Rs 150 crore, is expected to be completed within two years (2024-25).

Per the MoU, the Karnataka government will facilitate PRPL in obtaining necessary permissions, registrations, approvals, and incentives under the existing policies and regulations.

According to PRPL, the project is expected to generate approximately 25 permanent jobs and 100…



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by Startup Story Media

Biotech Funding Alert ByStartupStory     |    November 11, 2025 BioactivX, a Singapore-based biotech startup specializing in advanced wound care solutions, has successfully raised $1.4 million in seed funding. The round was led by Cocoon Capital, a prominent early-stage venture… Source link

by The Economic Times

Digital lending startup Finnable has raised Rs 250 crore this August in a funding round led by Z47 (formerly Matrix Partners) and TVS Capital. This is the company’s second tranche, with the first Rs 250 crore being infused by the same investors back in November 2024. Post this round, the total capital raised by the Bengaluru-based lending startup stands at Rs 540 crore. The MEMG family office, led by Ranjan Pai, has also invested in the company. The firm plans to invest the fresh funds in technology, expand its branch network, and build new product… Source link

by The Economic Times

Greenfi, an AI-powered ESG risk management platform, has raised its first round of $2 million led by Transition VC. The Kerala-based startup’s artificial intelligence (AI)-powered environmental, social, and governance (ESG) compliance tool helps companies automate risk management and provide personalised, role-based recommendations on improving the user’s sustainability performance and addressing flagged risks. For instance, if a bank is investing $100 million in a solar power plant project, instead of having 20 people manually collecting data… Source link