• Startup Pulse
    CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures. CapGrid raises ₹50 crore in a pre-Series B round led by Hero Enterprise Venture Partners at a ₹430 crore valuation, including primary and secondary transactions. Qiroko raises ₹1.5 crore in a pre-seed round led by ISV Capital, with angel participation. Manastu Space raises ₹22 crore from Gandhi Securities, Thacker Legacy Trusts and angel investors in an ongoing round. BAAS Technologies raises ₹49.98 lakh from AIC-RNTU Foundation under the GENESIS Investment Component. Docterz raises ₹5 crore in funding from Vineeta Singh, Avnish Anand and around 20 doctors who use the platform. AceBlend raises $9.91 million in a Series A2 round led by 3one4 Capital, with Fireside Ventures participating. Jagruti Rehabilitation Centre raises ₹28 crore in a Series A round led by Alkemi Growth Capital. Carbelim raises ₹10 crore from the IIT Madras Unicorn Frontier Fund. Viridian Ingni Propulsion raises ₹1.47 crore in a pre-seed round led by Inflection Point Ventures. Venttup raises $3 million in a pre-Series A round led by Rainmatter and Unicorn India Ventures.
  • ENGIE Battery Storage India Boost: Company Wins 280 MW GUVNL Project

    ENGIE Battery Storage India

    Pune: ENGIE Battery Storage India achieved a major breakthrough with the company securing 280 MW / 2-hour battery storage capacity in the Gujarat Urja Vikas Nigam Limited (GUVNL) auction.

    Part of the 2 GW / 4 GWh national tender, this marks one of India’s largest Battery Energy Storage System (BESS) allocations and establishes ENGIE’s formal entry into utility-scale storage in the country.

    With this development, ENGIE’s India portfolio has grown to approximately 2.75 GW, reinforcing its position in India’s clean energy transition.

    Also Read: ENGIE India to Showcase Renewable Leadership at REI Expo 2025

    ENGIE Battery Storage India: Strengthening Firm Renewable Power

    The award comes at a crucial time as India accelerates its renewable energy expansion. With solar and wind capacity scaling rapidly, large-format storage systems are critical for enabling on-demand clean power, reducing renewable curtailment, and strengthening grid stability.

    The ENGIE Battery Storage India project under the GUVNL tender is expected to support peak demand, enhance 24/7 renewable integration, and drive India’s next phase of grid modernisation.

    ENGIE’s Global Renewable Expertise Supports India’s Storage Transition

    ENGIE has set a global ambition of deploying 95 GW of renewable and storage installed capacity by 2030. The company currently operates 55 GW and has 6 GW under construction worldwide.

    This global expertise positions ENGIE strongly to support the evolution of India’s storage ecosystem through the newly awarded GUVNL project and future hybrid solutions.

    Amit Jain, CEO & Country Manager of ENGIE India and Managing Director, Renewables & Batteries for India & South-East Asia, highlighted that India’s renewable industry is entering a pivotal stage where scale must combine with flexibility, firmness, and digital intelligence.

    Also Read: ENGIE Global Enterprise Startup Program Opens Applications for Energy Innovators in India

    He noted that storage will play a decisive role in meeting peak loads, integrating more renewable energy, and delivering dependable clean power.

    Long-Term Commitment to India’s Clean Energy Future

    The win underlines ENGIE’s continued commitment to advancing India’s low-carbon energy landscape.

    With scalable, technology-led solutions across renewable generation and energy storage, ENGIE Battery Storage India is positioned to support India’s 2030 and 2047 climate objectives and contribute to building a resilient, future-ready energy ecosystem.

    Author

    • Salil Urunkar

      Salil Urunkar is a senior journalist and the editorial mind behind Sahyadri Startups. With years of experience covering Pune’s entrepreneurial rise, he’s passionate about telling the real stories of founders, disruptors, and game-changers.

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