IndusDC is a venture studio that offers expertise to startups and helps them scale production. The  company announced its plans to invest Rs 100 crore in seep tech startups that work with clean energy  solutions to reduce carbon emissions and build clean technology in the next ten years. The company aims to remove one gigaton of carbon gas emissions by 2035. The venture studio mentioned in an  interview that the investment is to identify and co-build hard tech startups across India for FY24-25. 

The studio received a commitment agreement for five startups from Spectrum Impact’s Mirik Gogri.  The deal mentioned that every startup under this venture studio will receive $2.4 million for  technology development, equity till profitability, and working capital to scale capability and operations  to achieve profitability. The firm was co-founded by Kushant Uppal, Satyanarayana Seshadri, and  Kaustubh Hanmantgad. The CEO of IndusDC, Kushant Uppal mentioned that the company is working  on a platform to address each stage of startup they help scale from lab to market. The company aims  to create IP focused decarbonization venture studio. The firm plans to collaborate with other deep  tech companies to achieve its goal of reducing carbon dioxide emissions. 

The company is backed by various known entrepreneurssuch as Helion Venture partner’s Ashish Gupta  and Sri Myneni of Knoah Solution. The firm will sign another agreement with its investors to offer  equity and debt for FY25. The venture studio intends to co-build five startups in the next two years  with more than 50 startups globally in the next decade. Uppal told ET in an interview that the VC firm  has been focused on B2C and SaaS companies but the larger investors and family offices mentioned  the huge business potential in hardware, climate, and deep tech. 

IndusDC manages product development, digital technology integration, team building, startup  management, and fundraising support. The three deep-tech startups the studio is working on are a  combined deal with the Indian Institute of Technology, Madras. This initiative is taken by the firm to  reduce carbon dioxide emissions while helping small businesses scale up and achieve profitability. The  investment helps companies with deep tech-focused clean energy solutions by providing services and  mentorship with Rs 20 crore in funds.  

Conclusion: 

IndusDC is a venture studio that announced its plans to invest up to Rs 100 crore in deep tech startups  to build clean energy solutions and reduce carbon dioxide emissions. The company helps small  businesses and startups to scale their operations and provides them with expertise solutions. The  startups under this venture studio will receive an investment of Rs 20 crore each. The company intends  to partner with other deep tech companies and achieve its goal of reducing carbon dioxide emissions. The venture studio plans to co-build five startups in the next two years and 50 startups globally in the  next decade. The firm current receiver commitment agreement from Mirk Gorgi for the first five  startups.