Clean energy firm GPS Renewables raised ₹635 crore in Series C funding, anchoring its valuation with strong institutional backing.
The equity tranche was led by PixelSky Capital, alongside a massive ₹200 crore injection into its asset-holding subsidiary from a South Korean conglomerate.
;The fresh capital allows the company to transition from pure engineering contracting into owning and operating its own high-yield bioenergy assets.
The investment positions GPS Renewables to dominate the Indian biofuel sector, executing a pipeline of over 200 CBG plants for major oil marketing companies.
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