TLDR:
- Shyam Menon, co-founder of Bharat Innovation Fund, discusses investing in climate tech
- Mentored by CIIE, Menon’s fund focuses on startups in various sectors including healthcare, agritech and fintech
Climate tech entrepreneur Shyam Menon, co-founder of Bharat Innovation Fund, recently shared insights on investing in climate tech startups. Menon, with a background in various organizations including the World Bank and Infuse Ventures, emphasizes the importance of external regulation and economic viability in the success of climate tech ventures.
Key Points:
Menon’s experience includes positions at Nadathur Holdings, World Bank, Lawrence Berkeley National Laboratory, and more.
Investments in Bharat Innovation Fund and Infuse Ventures have led to startups with substantial social impact.
Full Article:
Menon’s journey with Bharat Innovation Fund began with early investments in cleantech through Infuse Ventures in 2013. Despite challenges in the investment landscape, there has been progress in the climate tech space, especially in areas like electric vehicles and carbon capture.
Startups in Menon’s portfolio, such as Kaleidofin and Mymobiforce, focus on financial inclusion and gig worker platforms, respectively. Additionally, investments like Nayam Innovations and Zumutor Biologics are making significant strides in healthcare innovation.
Menon’s insights on the future of climate mitigation tech highlight the need for clear economic models and regulatory mechanisms to drive adoption of sustainable solutions. Overall, his work with Bharat Innovation Fund showcases the potential for impactful investments in climate tech and social impact.
