BiofuelCircle raises $750-K from Spectrum Impact, Better Capital, others

BiofuelCircle, a Pune-based online marketplace for biomass and biofuels, has raised USD 0.75 million in its second round of seed funding. The funding was co-led by Spectrum Impact, Better Capital, Shridhar Shukla and others. BiofuelCircle offers a digital platform for green fuels, creating a farm-to-fuel ecosystem. It operates in Maharashtra, Gujarat and Tamil Nadu. The company aims to address the challenges in the bio-energy supply chain.