India, Jan. 13 -- Coimbatore-based deeptech startup GreenTech has raised $3.3 Mn (INR 30 Cr) in its maiden funding round from climate-focussed fund Transition VC.

Founded in 2018 by Daniel Raj, GreenTech Megawatt manages operations and maintenance for wind turbine assets across India. The startup intends to divert the funding to fuel its infrastructure expansion, upgrade its AI/ML predictive maintenance platforms and SCADA (Supervisory Control And Data Acquisition) analytics platforms.

Beyond tech tune-ups, GreenTech aims to accelerate business development initiatives across India as well as key international wind markets. It is targeting a multi-fold increase in revenue on the back of the expansion.

The startup operates in the wind tu...