Stellaris Venture Partners has made a strategic investment in Turno, a startup focusing on climate tech solutions to combat climate change in India.
Information on the Target
Turno is a pioneering startup in the climate tech sector, focused on developing innovative solutions that address the challenges of climate change. The company aims to contribute to the global fight against climate change by providing technologies and interventions that help to keep global warming within 1.5 degrees Celsius of pre-industrial levels. The urgency of climate action, coupled with the increasing frequency of extreme weather events, has driven the need for effective climate tech solutions.
Industry Overview in India
The climate tech industry in India is rapidly evolving as the nation faces significant environmental challenges, including rising temperatures, erratic rainfall patterns, and severe air pollution. In recent times, India has experienced unprecedented weather events, such as droughts and heavy flooding, which significantly impact agriculture, infrastructure, and public health. As these issues become more pronounced, there is a growing recognition of the importance of sustainable development and eco-friendly solutions.
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India's climate tech ecosystem is characterized by a diverse range of startups and innovative companies focused on various aspects of climate interventions. These span from renewable energy solutions and energy efficiency techn
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