Avaana Climate and Sustainability Fund invests in thematic areas of energy and resource management, mobility and supply chains, and sustainable agriculture and food systems. Since 2018, Avaana has backed over 20 early-stage start-ups. Its portfolio includes FarMart, Ninety One, Praman (Intello Labs), CoverStack, Eggoz, TurnO, Terra.do, and Praan.
While Karnataka has topped again in the ‘Major States’ category, Manipur is leading the ‘North East and Hill States’ category and Chandigarh is the top performer in the ‘Union Territories and City States’ category, stated NITI Aayog's India Innovation Index 2021.
The capital raise during the quarter was not just lower than $10.3 billion logged between January and March 2022, but also marked a decline when compared to the same quarter of previous year ( $10.1 billion in Q2 of 2021).