Chakr Innovation, a homegrown clean-tech and material science company, has raised $23 million (₹193.5 crore) in its Series C funding round led by growth-stage investment firm Iron Pillar.
The fresh capital will be channelled into scaling manufacturing capabilities, driving international expansion, and strengthening research & development in sustainable technologies. This milestone marks a significant step for the company’s ambition to develop world-class material science solutions out of India.
Founded with the vision of addressing environmental challenges through technology, Chakr Innovation has been building next-generation clean-tech solutions that combine innovation with impact. The Series C round is expected to fuel the company’s global growth strategy while reinforcing India’s positioning in the sustainable materials ecosystem.
By focusing on climate resilience, sustainability, and industrial applications, Chakr Innovation is working to deliver technologies that can reduce environmental harm while supporting large-scale adoption.
This latest round not only validates investor confidence in Chakr Innovation’s business model but also underlines the growing demand for innovative clean-tech solutions originating from India.
By : Arushi Agarwal
