Maithri Aquatech draws DP World's backing in a sign of Indian climate tech coming of age
AI Summary
Maithri Aquatech, the Hyderabad climate tech startup whose Meghdoot technology produces clean drinking water from air, has secured strategic backing from DP World, with the global ports and logistics major picking up a 14% stake. The deal value was not disclosed. Beyond the capital, the investment is a marker of how Indian climate tech is beginning to draw patient, strategic money from large global corporates, not just venture funds.
Discussion
Sign in to join the discussion.
Loading comments…