Green Frontier Capital, an early-stage venture capital (VC) fund operating in India and the U.S., has announced a strategic partnership with Companion Capital (Companion), a growth equity initiative focused on climate solutions. This collaboration aims to provide crucial support to startups in the climate technology sector, particularly in accessing funding beyond the Series A stage.
Driving Growth in Climate Technology
The partnership combines Green Frontier Capital’s expertise in nurturing early-stage startups with Companion Capital’s track record of fostering growth and profitability in rapidly expanding enterprises. By leveraging their respective strengths, they aim to accelerate the success of businesses in the climate technology sector, while also contributing to global sustainability goals.
Fostering Innovation and Impact
Sandiip Bhammer, Managing Partner of Green Frontier Capital, highlights the immense potential of the global climate tech market, projected to surpass USD 182 billion by 2033. He emphasizes that the collaboration between Green Frontier Capital and Companion will drive innovation, create impact, and yield significant returns, all while making a positive difference to the planet.
Riaz Currimjee, Managing Partner of Companion, underscores the strategic fit between the two firms. He emphasizes Green Frontier Capital’s strong connections within the Indian climate tech ecosystem and their ability to identify promising ideas and teams. Paired with Companion’s expertise in growth equity and access to multiple growth markets, the partnership offers a comprehensive solution for Indian climate businesses seeking to scale both domestically and internationally.
Commitment to Sustainability
Both Green Frontier Capital and Companion share a deep commitment to supporting environmentally sustainable businesses. This partnership is expected to streamline investment processes, providing startups with enhanced resources, mentorship, and financial backing at various stages of their growth journey.
Future Collaborative Initiatives
In the coming months, stakeholders can look forward to a series of collaborative initiatives, networking opportunities, and knowledge-sharing sessions facilitated by Green Frontier Capital and Companion Capital. These efforts aim to foster a thriving ecosystem for climate innovation and investment in India, driving positive change for both businesses and the planet.
