VC fund (Cat II) · Curated list
Green Frontier Capital
Multi-stage · Climate & Clean energy · Mumbai
At a glance
- Stage focus
- Multi-stage
- Primary sector
- Climate & Clean energy
- City
- Mumbai
- HQ / office
- Offices in New York (USA) and Mumbai (India); the official site lists only "NEW YORK | MUMBAI" with no full street address. US-headquartered firm with India operations.
- Fund registered
- 2024
- Investments on record
- 10
- Corpus (as reported)
- India Climate Opportunities Fund — SEBI Cat-II AIF with target corpus INR 1,500 Cr (~$177M), launched Nov 2024 (maiden India fund reached first close per Mar 2026 reporting); ~$30M deployed across 10+ companies over 2020–2024 prior to the AIF, avg ticket ~$2.4–2.5M.
- Website
- greenfrontiercapital.com
- Profile ↗
About
Green Frontier Capital (GFC) is a climate-focused venture capital firm founded in 2020 by Sandiip Bhammer (Founder and Managing Partner / Co-Managing Partner), positioning itself as India's first dedicated sustainability/green-tech VC. Operating from New York and Mumbai, it invests early-stage (seed–Series A) across electric mobility, renewable energy, agritech/foodtech and waste/circularity. It entered India in 2020 via the FDI route and deployed ~$30M across 10+ companies; in November 2024 it launched the SEBI-registered Category-II AIF "India Climate Opportunities Fund" targeting INR 1,500 Cr.
Investment focus
Early-stage (pre-seed/seed to Series A) climate-tech / sustainability. Sectors: electric mobility, renewable energy, foodtech, agritech, waste management/waste-to-energy, battery recycling, plastic circularity, clean water. Thesis: digitisation, disruption, decarbonisation ("three Ds").
Cheque size
INR ~$0.5M-3M per company by stage (Pre-seed ~$500K, Seed ~$1M, Pre-Series A ~$1.5M, Series A ~$2-3M); prior FDI vehicle avg ~$2.4-2.5M; new fund avg target ~$10M/company over ~15 deals
As compiled from public sources — verify with the investor.
SEBI registration
SEBI AIF Category II — reported as “Sector fund (climate / sustainability VC) / Cat II”
- IN/AIF2/24-25/1628
SIDBI Fund of Funds
None found — maiden India Climate Opportunities Fund (Cat II AIF) reported as having secured an undisclosed anchor investor; no evidence the anchor/LP is SIDBI FFS or any government/DFI. Not asserting SIDBI without evidence.
Notable portfolio
BluSmart Mobility; Euler Motors; ElectricPe; EMotorad; KisanKonnect; Nutrifresh; RAS Luxury Oils; Revfin Services; Battery Smart (exited); Zero Cow Factory; Chupps
Team & organisation
Small core team led by Founder & Managing Partner Sandiip Bhammer with Venture Principal Karan Mehta; supported by an advisory board (Soumitra Datta, Nishith Desai, etc.). Approx 2-5 core investment professionals.
India-focused SEBI-registered Category II AIF (Green Frontier Capital India Climate Opportunities Fund) launched Nov 2024; prior investing via an FDI/offshore vehicle. Climate/sustainability sector VC with offices in New York and Mumbai.
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Frequently asked
- What does Green Frontier Capital invest in?
- Early-stage (pre-seed/seed to Series A) climate-tech / sustainability. Sectors: electric mobility, renewable energy, foodtech, agritech, waste management/waste-to-energy, battery recycling, plastic circularity, clean water. Thesis: digitisation, disruption, decarbonisation ("three Ds").
- What cheque size does Green Frontier Capital write?
- As compiled from public sources: INR ~$0.5M-3M per company by stage (Pre-seed ~$500K, Seed ~$1M, Pre-Series A ~$1.5M, Series A ~$2-3M); prior FDI vehicle avg ~$2.4-2.5M; new fund avg target ~$10M/company over ~15 deals
- How do I pitch Green Frontier Capital through iHub India?
- Create a free startup account, open a funding round, and send a structured pitch from this profile. If the investor accepts, contact details are shared and the conversation moves into a tracked deal room.
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About this record
- ⚑ HQ outside India — firm is US-headquartered (New York) with Mumbai operations (India fund is a SEBI Cat-II AIF; originally entered via FDI route). No email published on official site (contact/mailing-list form only); do not use any third-party scraper emails. Note: named portfolio company BluSmart Mobility was central to the 2025 Gensol/BluSmart fund-diversion scandal — portfolio-level reputational issue, NOT a finding against GFC itself. Firm is private VC (no government/DFI/public-university linkage found).
Compiled from SEBI registrations and public sources as of 2026-07. iHub India lists investors neutrally and does not endorse, rank, or verify investment terms — confirm all details directly with the investor before transacting.
Sources: https://www.greenfrontiercapital.com/; https://inc42.com/features/decoding-green-frontier-capitals-inr-1500-cr-bet-on-indias-climate-tech/