Chakra Growth Fund Launched and Completed Its First Close in December 2023 With a Vision to Drive Sustainable Change

(BUSINESS WIRE) -- As the global community grapples with the urgent need to reduce carbon emissions and mitigate the impacts of climate change, the Chakra Growth Fund emerges as a dedicated financial instrument poised to make a significant impact. By investing in companies with cutting-edge technologies, clean energy solutions, and sustainability initiatives, the fund aims to contribute to a more resilient future.

Chakra Growth Fund, a pioneering initiative committed to accelerating the transition to a low-carbon future, launched and closed the first funding tranche in December 2023. With a mission to foster sustainable practices and combat climate change, Chakra Growth Fund is set to become a driving force in supporting innovative companies across Energy, Mobility, Buildings, and Industrials.

Key Highlights of Chakra Growth Fund:

1. Strategic Investments: Chakra Fund will strategically invest in projects and companies focused on decarbonization, renewable energy, energy efficiency, and sustainable practices.

2. Global Reach: The fund will actively seek opportunities on a global scale, collaborating with innovative enterprises, research institutions, and startups that share a commitment to decarbonization.

3. Multi-Sectoral Approach: Chakra Fund recognizes the need for a comprehensive strategy and will allocate resources across various sectors, including but not limited to energy, transportation, agriculture, and manufacturing.

4. Impactful Partnerships: The fund will forge partnerships with key stakeholders, including governments, NGOs, and industry leaders, to create a collaborative ecosystem that fosters sustainable development.

5. Transparent Governance: Chakra Fund is committed to transparency and accountability, ensuring that all investments align with rigorous standards.

"Chakra Growth Fund aims to decarbonize traditional markets by providing emerging and growth capital to businesses that measure and reduce carbon/GHG emissions globally all the while adding profitability to the value chain. We have assembled an experienced set of investment professionals to find the best investments that will have significant impact and return,” said Sri Purisai, Founder and Managing Director

Chakra Growth Fund invites entrepreneurs, innovators, and thought leaders to join hands in the collective effort to combat climate change. By providing financial support and strategic guidance, the fund aims to catalyze the development and implementation of solutions that will contribute to a sustainable and resilient future for generations to come.

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