As Panchabuta has earlier opined, investors have also shown a lot of interest in the cleantech and clean energy space.
According to data from Venture Intelligence, $1.5 billion has been invested by venture capital and private equity firms into clean energy developers from 2008 to date. Indian Cleantech sector has witnessed an investment of about $465 million from 2008.
According to VC speakers on the Cleantech panel at Venture Intelligence’s APEX conference earlier this year, “Cleantech in India, still remains at a nascent stage where venture capital funds traditionally have not been able to find investable deals and the models for cleantech investments in India still need to be figured out. ”
“Clean Energy has witnessed steady investments into IPP’s and 2010 was a record year with half a billion dollars invested. The appetite for investments into Clean Energy is still high, but companies have not been able to scale as much as there is capital available. Clean Energy still continues to be among the top three areas of interest for investments when we spoke to a number of funds and their limited partners,”said Arun Natarajan, CEO of Venture Intelligence.
Proto.in an event started by the Knowledge Foundation in Jan 2007, has seen 7 editions, 105 Startups, over 2,000 attendees and a volunteer base of over 100 individuals and is considered the nations premier start-up platform .
Proto.in will showcase the most innovative product companies with business models tailor made to leverage these sectors. Apart from mobile and internet, a variety of sectors will be represented with start-ups from sectors like clean technology and software also on display.
Apart from the presentations by 15 of India’s hottest product start-ups, the agenda will consist of workshops, talks and panel discussions from a selection of India’s leading technologists, entrepreneurs, angel investors and venture capitalists. In addition to this, there will be a special mentoring session for 20 selected start-ups at the event by partners Sequoia Capital.
Sequoia Capital has been one of the most active early and growth stage firms in India in the last several years, and looks to partner with entrepreneurs from the seed through growth stages.
With 1 on 1 interactions with members of one of India’s premier venture capital firms, Entrepreneurs will have an opportunity to be mentored on various elements including their business model, go to market strategy and product. The entire event will be telecast on the ‘Starting Up’ show on ET NOW.
” Proto.in provides an ideal platform for emerging companies in the cleantech and clean energy space and this sector has garnered a lot of interest from investors as can be seen from the recent funding of companies like Orb Solar ” said, Syed Nazir Razik, organizer of Proto.in. “We will have close to 40 investors including angel investors, VC and private equity funds that are attending the event and about half a dozen VC firms that have confirmed their attendance too making this an ideal platform to interact and show case companies in various stages of fund raising “, he added.