Transition VC launches maiden fund with Rs 2 bn corpus
ECONOMY & POLICY

Transition VC launches maiden fund with Rs 2 bn corpus

Transition VC, a Bengaluru-based energy transition-focused venture capital fund, has launched its maiden fund with a target corpus of Rs 4 billion, which also includes a greenshoe option of Rs 2 billion.

“A top-down thesis-driven fund, Transition VC will make seed investments in start-ups across sectors undergoing transition such as e-mobility, green hydrogen, energy storage, and net-zero journey in buildings and climate tech,” said a press release.

It added that the fund is looking to support up to 40 early-stage start-ups over the next three years with ticket sizes ranging from $500,000 to $1 million.

Transition VC recently received approval from the Securities and exchange Board of India (SEBI), and is eyeing to mark the first close of the fund by the end of this calendar year.

“To support start-up teams at a pivotal juncture in their entrepreneurial journey, we will deploy a unique combination of capital and competencies at seed stages and help them scale up meaningfully,” said Mustafa Wajid, general partner, Transition VC.

According to the press release, the company’s maiden fund is seeing interest from Indian as well as global high net worth individuals (HNIs), family offices, and corporates specialising in strategic investments.

“We are optimistic and see an opportunity of more than 12 unicorns coming from India in this decade just in the energy transition and climate-tech space,” said Shoeb Ali, co-founder and managing partner of Transition VC.

In addition to investments in Indian start-ups, the fund will also allocate 25% of the fund value for global start-ups.

See also:
India in top five countries on Climate Change
Australian parliament passes Free Trade Agreement with India


Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

Transition VC, a Bengaluru-based energy transition-focused venture capital fund, has launched its maiden fund with a target corpus of Rs 4 billion, which also includes a greenshoe option of Rs 2 billion. “A top-down thesis-driven fund, Transition VC will make seed investments in start-ups across sectors undergoing transition such as e-mobility, green hydrogen, energy storage, and net-zero journey in buildings and climate tech,” said a press release. It added that the fund is looking to support up to 40 early-stage start-ups over the next three years with ticket sizes ranging from $500,000 to $1 million. Transition VC recently received approval from the Securities and exchange Board of India (SEBI), and is eyeing to mark the first close of the fund by the end of this calendar year. “To support start-up teams at a pivotal juncture in their entrepreneurial journey, we will deploy a unique combination of capital and competencies at seed stages and help them scale up meaningfully,” said Mustafa Wajid, general partner, Transition VC. According to the press release, the company’s maiden fund is seeing interest from Indian as well as global high net worth individuals (HNIs), family offices, and corporates specialising in strategic investments. “We are optimistic and see an opportunity of more than 12 unicorns coming from India in this decade just in the energy transition and climate-tech space,” said Shoeb Ali, co-founder and managing partner of Transition VC. In addition to investments in Indian start-ups, the fund will also allocate 25% of the fund value for global start-ups. See also: India in top five countries on Climate Change Australian parliament passes Free Trade Agreement with India

Next Story
Real Estate

Colliers India Transacts 207,000 sq ft office space at Embassy TechVillage

Embassy Office Parks REIT, India’s first listed REIT and the largest office REIT in Asia by area, announced that it has signed an Agreement to Lease (‘ATL’) with global cyber security company Rubrik at Embassy TechVillage in Bengaluru.Colliers, a leading global diversified professional services company, specialising in commercial real estate services, engineering consultancy and investment management facilitated the transaction for Rubrik.Located on Bengaluru’s Outer Ring Road, Embassy TechVillage is one of Embassy REIT’s flagship office parks which offers world-class office spaces, ..

Next Story
Infrastructure Urban

Ensemble Infrastructure India Appoints Suman Saha as Director of Design

Ensemble Infrastructure India Ltd, a leading workplace design and build fit-out company, has appointed Suman Saha as its new Director of Design. With 25 years of experience in the industry, Suman is recognized for his innovative approach and excellence in design leadership.Working closely with the CEO, Suman’s appointment will enhance the company’s design communication across multiple touchpoints, ensuring smooth collaboration between clients, designers, and execution teams for superior project outcomes. Under his guidance, Ensemble will focus on creating workspaces and design labs that em..

Next Story
Products

Ribbon Vanity by Küche7: Fluid Design Meets Everyday Elegance

Küche7, pioneers in luxury stainless steel kitchens, have unveiled the Ribbon Vanity, a graceful creation that transforms bathroom spaces with its soft, flowing design and understated sophistication. Inspired by the fluid form of a ribbon, this vanity combines smooth finishes, clean lines, and gentle curves, offering a timeless aesthetic that seamlessly complements diverse interior styles.Available in a refined blush pink hue, the Ribbon Vanity effortlessly merges functionality with elegance. With thoughtfully designed storage options, it ensures that bathroom essentials are neatly organised ..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000