How BluSmart took on the might of Ola and Uber, disrupting the super competitive cab-hailing business

Binu Paul reports for Business Today: BluSmart Mobility, a Green Frontier Capital investee company, was founded in 2017 by Punita K. Goyal, who envisioned an integrated full-stack EV ride-hailing service and charging network. Recognizing the declining service quality of existing leaders, BluSmart launched its all-electric ride-hailing service in 2019. The company's approach involves leasing EVs at an institutional level, ensuring cost advantages and lower fuel expenses, leading to a cost structure 30-40% lower than competitors.

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Year-Ender 2023: Innovative Startup Thrive – Tech And Healthcare Pioneers Lead The Way

In 2023, entrepreneurs across various sectors showcased transformative trends, highlighting the dynamic landscape of innovation. Sandip Bhammer, Founder & Co-Managing Partner of Green Frontier Capital, noted: “In 2023, the most significant game-changer in the climate-tech industry in India was the influx of top talent into the sector. …

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Budget 2024: Startups Expect Measure To Push Growth Momentum

In anticipation of Budget 2024, Sandiip Bhammer, Founder and Co-Managing Partner of Green Frontier Capital, foresees incentives and policies focused on advancing India's green growth, with a particular emphasis on the electric vehicle (EV) and green sectors. Bhammer predicts “substantial subsidies to ignite electric vehicle manufacturing, significant investments to electrify charging infrastructure, and tax benefits designed to fast-track green tech adoption.”

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For Founders, Frugality Takes The Centre Stage In 2024

A recalibration in the startup ecosystem reflects a return to fundamental principles, focusing on sustainable growth, sound product-market fit, and unit economics over the pursuit of rapid but unsustainable expansion. Founders, including Sandiip Bhammer of Green Frontier Capital, emphasize the need for startups to strike a balance between optimizing operations, finding cost-effective ways to scale, and demonstrating a path toward profitability.

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How Sandiip Bhammer and His Team at Green Frontier Capital are Tracking Climate Change, One Investment at a Time

Thrilled to share our very own ‘Climate Crusader’ Sandiip Bhammer’s cover article featured in Entrepreneur India! Interviewed by Punita Sabharwal, Deputy Editor of Entrepreneur India Magazine, Mr. Bhammer, Founder & Co-Managing Partner of Green Frontier Capital, shares how he founded the firm, leveraging his extensive experience and network, assembling a team of accomplished experts, including Rudra Dalmia, Prof. Soumitra Dutta, and Dr. Punita Kumar-Sinha.

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Top 5 Sustainable Players Poised for Success in 2023: A Year-End Roundup

Green Frontier Capital stands out as a key player in sustainable investment, making a significant impact by channeling funds into projects aligned with environmental, social, and governance criteria. Revfin, one of Green Frontier Capital's investee companies, takes center stage in reshaping the financial services landscape with a green twist. Pioneering financial inclusion with an environmental consciousness, Revfin focuses on sustainable lending practices and green investments. Similarly, BluSmart, another investee company, stands out in smart mobility, offering a ride-hailing service that aligns with the growing trend towards greener transportation options.

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Startups Propel EV Financing As Retail Credit Remains Constrained

Green Frontier Capital is closely monitoring the evolving landscape of electric vehicle (EV) financing as traditional banks remain hesitant due to perceived risks in this budding industry. Despite the challenges, the rise of EV financing startups is a promising trend, bringing tech-enabled solutions to the forefront. Many of these startups leverage tools such as guaranteed buybacks, insurance discounts, and cheaper upgrades to newer models, making EV ownership more accessible and attractive.

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Sandiip Bhammer: Green Frontier Capital’s Visionary Championing Climate Tech Investments

In the face of the pressing challenge of climate change, one visionary is playing a crucial part in advancing environmentally sustainable industries. Sandiip Bhammer, Founder and Co-Managing Partner of Green Frontier Capital (GFC) is fostering early-stage climate tech companies in India, a major global economy facing the urgency of climate change.

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COP28 Driving Change: VCs And Startup Catalysts for India’s Carbon Neutrality Agenda

Sandiip Bhammer, Founder & Co-Managing Partner of Green Frontier Capital, explores the strategic dialogues and partnerships shaping our path to carbon neutrality, highlighting the importance of COP28 as a pivotal juncture for global climate action. Venture capitalists (VCs) are recognized as instrumental forces, providing strategic investments that serve as catalysts for climate tech startups, fostering an ecosystem where innovation thrives.

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How India will navigate EVs in 2024

Committed to investing in India’s electric vehicle revolution across its entire ecosystem, we’re thrilled to share the latest insights from our Managing Partner, Sandiip Bhammer. Recently featured in the attached TechCrunch article, Sandiip delved into the significant growth potential of India's commercial EV sector. He particularly emphasized the economic advantages of two-wheelers and three-wheelers.

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IIC Newsletter - Capital for Climate: The EV Lens

We are excited to announce that our Managing Partner, Sandiip Bhammer, recently featured in an interview with the Impact Investors Council (IIC), discussing the vital topic of 'Capital for Climate'. This insightful conversation, part of the esteemed India Climate Bulletin, delves into the nexus of finance and sustainable environmental practices.

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EV-focused lender Revfin raises $14 million from Omidyar Network, others

We're thrilled to announce that our investee company, RevFin Services Pvt Ltd, has secured $14 million in Series B funding, led by Omidyar Network India, with significant contributions from Companion Capital Limited (UK), ADB Ventures and esteemed angel investors. Green Frontier Capital proudly invested $2.2 million in the Series A round and will be investing an additional $1.5 million in this Series B round.

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ElectricPe expands services with EV mobility centers to simplify ownership

ElectricPe, a Green Frontier Capital investee company, is making waves in the EV industry with its latest announcement. The EV charging platform plans to transform the EV ownership experience by introducing virtual and physical mobility centers. These centers, accessible through the ElectricPe App and physical stores, offer a one-stop solution for all EV needs, including charging, vehicle selection, financing, insurance, registration, and more.

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COP 28 deal: How impactful it is likely to be and what to expect from COP 29

During the COP28 UAE that concluded earlier this week, nearly 200 countries adopted the deal being called the UAE consensus. "The final draft of COP28 called for a 'transitioning away from fossil fuels in energy systems, in a just, orderly and equitable manner…” Yet, experts are divided over the deal, highlighting the gaps and the financial challenges facing developing countries.

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Can India’s climate tech startups make a mark on the global stage?

Green Frontier Capital's Venture Principal, Karan Mehta, and Snap-E Cabs' Co-Founder, Jaydip Mukherjee, share insights on funding, government policies, and innovations shaping the climate tech landscape. In this insightful discussion, they explore the recent surge in funding that's reshaping sectors like renewable energy, electric mobility, and sustainable agriculture.

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ElectricPe To Amplify EV Charging Network with 100k-Points As User Base Grows

ElectricPe, a Green Frontier Capital investee company, plans to install 100,000 charging points in the next two years to meet the rising demand for electric vehicles. Since its mid-2021 launch, the platform has gained 200,000 app downloads and 50,000 active users. Currently operating in Bangalore, the company aims to expand to three additional cities, totaling 25,000 charging points each, within the next 18 months.

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