- Clean-tech startup PadCare Labs has raised Rs 5 crore in a seed funding round.
- The round was led by Social Alpha, with strategic investments from Lavni Ventures, 3i Partners, Rainmatter, and Spectrum Impact.
- The proceeds will be used to expand operating geographies in India, set up decentralised material recovery centres, and invest in advancing its patented 5D recycling technology.
[Via]
