homestartup NewsClix Capital secures $20 million loan, puts green energy sectors in the spotlight with new fund investment

Clix Capital secures $20 million loan, puts green energy sectors in the spotlight with new fund investment

In an interview with Startup Street, Rakesh Kaul, the Managing Director and CEO of Clix Capital, expressed their ongoing interest in investing in startups and MSMEs with robust business models.

By CNBC-TV18 Aug 1, 2023 8:24:38 PM IST (Updated)

2 Min Read
Clix Capital, a tech-led NBFC, has signed a $20 million loan from Global Climate Partnership Fund (GCPF). GCFP is a Luxembourg-based public-private partnership fund that finances renewable energy and energy efficiency projects across several developing and emerging nations.
In an interview with Startup Street, Rakesh Kaul, the Managing Director and CEO of Clix Capital, expressed their ongoing interest in investing in startups and Micro, Small, and Medium Enterprises (MSMEs) with robust business models.
Kaul said, “We are always on the lookout for investing in startups and MSMEs that have a sound business model. So, the companies that we are now going to focus on a lot more will be companies that are either focused on supplying to EV value chains, companies that are focused on waste management, and companies that are supplying to let us say, solar panel manufacturers. So, all the sectors, which are classified under green energy are the sectors that we are now going to double down on with this investment that you have found from the impact fund.”