

Infuse is a venture catalyst. Housed at IIM Ahmedabad's Centre for Innovation Incubation and Entrepreneurship (CIIE), we partner with exceptional entrepreneurial teams in India to help create, build and scale new cleantech business. We provide entrepreneurs with hands-on business and mentoring support, a world-class ecosystem of Indian and global partners, and seed & early-stage capital.
We focus on cleantech and sustainability. This includes, for example:
- Renewable energy
- Energy efficiency
- Water & waste
- Distributed energy
- Sustainable agriculture
- Green buildings
- Sustainable transport
- Green IT and Cleanweb
We engage with ventures at the seed and early stage - where our knowledge, networks and funds can add significant value. We are generally the first institutional investor and are happy to work with entrepreneurs even at the idea-stage, and create a new business together.
We like new business models. We believe there are already many proven and good solutions that are yet to reach the market. We think there is a big opportunity to figure out novel ways to deploy these solutions at scale, leveraging new innovations in technology, financing, design and marketing.
We believe that access to the right relationships at the right time is key to rapidly building and scaling a new business. We back our entrepreneurs with a unique ecosystem of relationships and partners, offering advantaged access to expertise, market channels and potential partners.
Infuse is a first-of-its-kind partnership between the government, academia and
private sector. Our partners bring together enormous technology, business, market
and policy expertise
The Centre for Innovation Incubation and entrepreneurship is a centre of excellence at IIM Ahmedabad aimed at supporting entrepreneurs across the country.
www.ciieindia.orgMinistry of New and Renewable Energy (MNRE) is Govt of India’s nodal ministry for new and renewable energy activities in India.
www.mnre.gov.inInternational Financial Corporation is a member of the World-Bank and provide finance and advisory for private sector ventures.
www.ifc.orgSmall Industries Development Bank of India is a non-independent financial institution aimed to aid the growth and development of micro, small and medium-scale enterprises in India.
www.sidbi.inBP is a global energy major. BP Ventures is the corporate Venturing arm of BP.
www.bp.comBank of India is an Indian state-owned commercial bank with headquarters in Mumbai, Maharashtra, India.
www.bankofindia.co.inTechnology Development Board is an industry-supported fund aimed at enabling commercialization of new innovations. TDB is a part of Dept of Science and Technology
www.tdb.gov.inGodrej Industries is India's leading manufacturer of oleochemicals and is one of India’s biggest industrial conglomerates.
www.godrej.comUnion Bank of India is one of the largest public sector banks of India, is listed on the Forbes 2000.
www.unionbankofindia.comICICI Bank is a multinational banking and financial services company based in Mumbai. It is the second largest bank in India by assets & by market capitalization, as of 2014.
www.icicibank.comWe believe in closely working with entrepreneurs from an early stage, helping them test and
validate their business models through grant funding. If you are yet to pilot your model, our
seed support initiatives may be beneficial for you.
PowerStart is an accelerator program for cleantech startups run by Infuse Ventures in partnership with CIIE and the Asian Development Bank. Three editions of the accelerator have been held; read about the teams in the most recent edition here.
The following ventures have participated in our bootcamp in the recent past
Smart learning WiFi-enabled switchboard controlled from a smartphone
WebsiteBehavioural sciences-based energy simulation & decision making
WebsiteCloud-based energy data management & analytics platform
WebsiteConnected-vehicle network solution providing real-time insights
WebsiteIoT-based personal air quality monitoring with devices, apps and data engine
WebsiteReliable real-time remote solutions without using internet & static IP
WebsiteOne-stop transportation app that aggregates all service providers in a city
WebsiteAerial solutions for land surveying using drones and software applications
WebsiteOnline marketplace for rooftop solar – buyers, suppliers, installers and financing
WebsiteOnline platform for sharing used goods and for promoting charitable initiatives
WebsitePower back-up solution for solar PV (homes and small offices)
WebsiteSolar industrial heating solution with pay-as-you save model
WebsiteCarbon capture to carbon nanotubes (patented technology)
WebsiteMid-scale biowaste to energy (biogas) reactors for urban applications
WebsiteBiochemical solutions for water treatment, quality testing & pest control
WebsiteSolar & LED streetlighting solution with pay-as-you-save model
WebsiteAlternative & superior roofing material/tiles made from waste materials
WebsiteSolar powered irrigation kits
WebsiteSecurity as a service, with energy management built in
WebsiteR&D & consultancy for cleantech solutions for sustainable development
WebsiteSolar energy solutions for electricity generation, lighting and water heating
WebsiteBiomass-based coal substitute
WebsiteCutting edge smart grid technologies to address the rural electrification challenge
WebsiteBiogas generation, purification and bottling, biogas to power, and monitoring systems
WebsiteAffordable, clean, safe and functional lighting solutions to rural households
WebsiteTechnology to protect the power distribution system from power theft
Facebook PageSolar projects, solar lighting, rooftop solar and energy efficiency solutions
WebsiteDecentralized and small-scale e-waste management solutions
WebsiteWaste disposal system with biogas plant for urban & suburban homes
WebsiteLifecycle services for RECs, and strategy and support services in the carbon & energy markets
WebsiteBiomass briquettes supply chain and conversion of boilers to biomass-based
WebsiteWe help entrepreneurs build and rapidly scale their ventures.
We provide active and hands-on support, access to key relationship and risk capital.
We are looking for exceptional and, ideally, experienced entrepreneurial teams with a
unique and deep understanding of their market. We look for people that have the energy,
persistence and vision to make a difference and to build a great business.
Infuse invests in scalable, innovative cleantech companies that can grow into tomorrow’s cleantech superstars. These are the companies that we have committed financial support to so far.
Proklean manufactures natural, 100% bio-degradable, non-toxic biosurfactants that can reduce the use of harsh chemicals in various industrial applications like textile and paper processing and effluent treatment, using its proprietary and unique technology platform.
proklean.inEcolibrium provides a smart grid platform to monitor and control energy usage for commercial & industrial customers and power distribution companies
ecolibriumenergy.comREConnect provides forecasting, lifecycle services for RECs, and strategy and support services in the carbon, electricity and energy efficiency markets.
reconnectenergy.comRevive provides a decentralized, small-scale solution for e-waste management and extraction of precious metals from e-waste like discarded printed circuit boards.
revive-ewaste.comTessol is involved in the design and engineering of thermal energy storage solutions across various applications, with a current focus on refrigerated transport and HVAC for small & medium systems.
tessol.inSurya PowerMagic is a developer of low-cost, efficient agricultural solar water pumps, positioning themselves as distribution and execution specialists within the sugarcane industry.
suryapowermagic.com"Things" that would normally work in isolation are increasingly getting connected and developing intelligence. Altizon is a part of this revolution, offering a highly scalable platform for manufacturers to build intelligent connected devices and manage them from the cloud.
altizon.comGibss geothermal cooling solution can help reduce operating cost of an air conditioning system by upto 70%. Other products include: Hot water co-generation and LED lighting.
gibss.comGlowship is a dedicated platform for online purchase of energy and environment products, services and solutions, with user-friendly and robust decision-making tools.
glowship.comKarma Recycling provides a platform for trade-in of used electronics, particularly mobile phones and laptops, ensuring efficient pricing and certainty of fulfilment. It works with leading retailers too managing their buyback programmes.
karmarecycling.inA B2B online services to reduce the design and procurement effort of solar installers
www.ezysolare.comSolar installer and developer also bringing in financing options to the end-customer to convert capex to opex or pay-by-use models
www.fourthpartner.coIf you are an entrepreneur wanting to explore financial support from Infuse, please apply along with your business plan to apply@infuseventures.in. You may include the following details in your plan:
Please do not include any confidential information in the business plan.
Follow PowerStart on F6S and stay tuned for updates:
If you are not an entrepreneur seeking our support and would like to get in touch with us for other reasons, please write to us at admin@infuseventures.in
c/o Centre for Innovation Incubation and Entrepreneurship (CIIE)
Indian Institute of Management Ahmedabad
New Campus (Vastrapur)
Ahmedabad - 380015
Gujarat, India
Phone: +91-79-6632-4201, -4234
Fax: +91-79-6632-4207
Website: www.ciieindia.org