GPS Renewables Bags ₹635 Cr For Setting Up Compressed Biogas Projects

by · Inc42

SUMMARY

  • The Series C funding round was led by Sojitz Corporation, with participation from PixelSky Capital, the Spectrum Impact Family office, and an undisclosed Korean conglomerate
  • The startup plans to deploy the capital to accelerate the execution of a growing pipeline of large-scale compressed biogas (CBG) projects across India
  • Founded in 2012 by Mainak Chakraborty and Sreekrishna Sankar, GPS Renewables offers end-to-end solutions for the development, production and distribution of biofuels