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Former Welspun exec’s solar energy firm Avaada raising bridge round

By Bruhadeeswaran R

  • 10 Jun 2020
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Former Welspun exec’s solar energy firm Avaada raising bridge round
Credit: Pexels

Avaada Energy Pvt. Ltd, a solar energy company founded by serial entrepreneur Vineet Mittal, is raising a bridge round of funding from a European investor to help expand its generating capacity. The renewable energy company is set to secure $10 million (about Rs 75 crore) from FMO, the Dutch development finance ......

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