VC Fund Investments
Water treatment firm Indra raises $4-M from Emerald Tech Ventures, Mela, others
Mumbai-based cleantech startup Indra has raised USD 4 million in a Series A funding round co-led by Mela Ventures and Emerald Technology Ventures, with participation from Peak Sustainability Ventures and The Climate Angels.Founded in 2017 by Amrit Om Nayak and Krunal Patel, Indra claims to solve complex problems of water treatment in the industrial and sewage segment with its electro-chemical oxidation and coagulation process.The startup leverages ionic reactions to remove pollutants including unwanted substances, heavy metals, suspended solids, phosphorus, fats, oil, grease, pathogens and dissolved organics from wastewater.
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