Paytm CEO Sharma, venture capitalist Vickram unveil green fund

Paytm CEO Sharma, venture capitalist Vickram unveil green fund

Paytm founder Vijay Shekhar Sharma. Photo: Pradeep Gaur/Mint

Paytm chief executive Vijay Shekhar Sharma and serial entrepreneur and venture capitalist Shailesh Vickram Singh, on Tuesday launched an environmental protection fund, which will look to invest in start-ups, companies, and individuals working to mitigate pollution-related problems in the country. The ‘Massive Fund’ will target environmental problems in the areas of food and agriculture, air and water pollution, renewable energy, recyclables such as e-waste and plastic, mobility, and sustainable development.

Investments made from the fund will be aligned with the United Nations Sustainable Development Goals.

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