Indian VCs struggle to find green tech investments

Livemint reports that while the many is ready and waiting, sufficiently appealing opportunities are not coming across venture capitalists’ desks.

“We are keen on investing in this segment but are not able to zero in on the kind of companies that would interest us enough. As a venture capital firm, we are looking at defensible innovations and execution skills, but there have not been any so far,” says Alok Mittal, managing director, Canaan Partners.

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