In a strong signal of growing investor appetite for climate-focused industrial ventures, Grevoro has secured ₹43 crore in fresh capital from a group of prominent Indian family offices. The funding round, closed earlier this month, will enable the startup to scale production of its low-carbon industrial products and expand research capabilities aimed at accelerating decarbonisation across manufacturing supply chains.
The round was led by a consortium of domestic family offices with exposure to infrastructure, manufacturing, and energy portfolios. While the investors have chosen to remain undisclosed, sources close to the deal indicate that the cheque sizes ranged between ₹5 crore and ₹10 cro
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