Chakr Innovation Bags $23 Mn To Take Its Anti-Pollution Tech Global

ONGC-backed climate tech startup Chakr Innovation has raised $23 Mn (INR 193.5 Cr) in a Series C funding round led by Iron Pillar.

In a statement, the startup said that it plans to utilise the fresh funds to expand its manufacturing capacity, accelerate international growth and scale up backward integration. A portion of the capital will also be utilised to further invest in research and development (R&D).