Exclusive: Cleantech venture Altigreen Propulsion Labs raises bridge round - CleanMax
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  • Agharkar Research Institute, Pune

Exclusive: Cleantech venture Altigreen Propulsion Labs raises bridge round

Bengaluru-based cleantech startup Altigreen Propulsion Labs Pvt. Ltd has raised a bridge round of funding from an institutional investor, besides a few individuals, one person privy to the development told VCCircle. Altigreen, which has developed a technology to convert petrol and diesel vehicles to electric hybrid, has raised Rs 2.6 crore ($400,000) in a round led by private equity firm Phi Capital, which bets on small and mid-sized Indian businesses, the person said.

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