ADB Ventures clocks first two investments in India's Euler, Smart Joules

ADB Ventures clocks first two investments in India's Euler, Smart Joules

India Gate. Photo: Abhidev Vaishnav/unsplash

ADB Ventures, the Asian Development Bank’s impact venture capital fund, has co-led investments in two Indian startups – electric vehicle maker Euler Motors and energy management startup Smart Joules – marking the first investments from its $60-million debut fund.

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