Multiple venture capital (VC) firms are consciously funding startups that are addressing climate change concerns, and devising solutions for a clean and sustainable world. Satya Bansal started Blue Ashva Capital in 2019 after a three-decade career in banking. For him, it was a return to his roots, in some ways, having started life in a small village in Rajasthan. “Blue Ashva is a platform to channelise capital into businesses that are required by society, but at the same time have huge potential to bring positive change in society and the environment,” Bansal says. Figuring this out also led to setting up of Blue Ashva Labs, to help entrepreneurs take ideas from proof-of-concept levels to commercialisation.

Source: Forbes May 31, 2022 05:35 UTC