Indian green energy company Greenjoules snags $4.5m from Blue Ashva Capital

Indian green energy company Greenjoules snags $4.5m from Blue Ashva Capital

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Greenjoules Pvt. Ltd., a Pune-based green energy technology company, has raised $4.5 million (about Rs33 crore) in its Series A funding round from Blue Ashva Capital through its Blue Ashva Sampada Fund. The funds raised are a combination of equity and debt and will be utilised to set up commercial scale waste-to-energy plants and invest in new R&D initiatives.