India, April 2 -- Hasiru Dala Innovations (HDI), a leading for-purpose company dedicated to creating a world with no waste and no waste pickers through its ethos of Inclusive Circularity, has successfully raised INR 6 crore in a Pre-Series A equity funding round. The round was led by Rainmatter Fintech Investments. Next Bharat Ventures IFSC-a Suzuki-backed alternative investment firm committed to supporting impact-driven enterprises, made its first direct portfolio investment with its contribution to HDI.
The capital infusion will accelerate HDI's growth in key areas, including scaling its plastics circularity business to increase recycling capacity and operational efficiency. It will also support the expansion of its Bio-gas plant through...