Hasiru Dala Innovations Raises INR 6 Crore in Pre-Series A Funding
Summary
Next Bharat Ventures IFSCa Suzuki-backed alternative investment firm committed to supporting impact-driven enterprises, made its first direct portfolio investment with its contribution to HDI.The capital infusion will accelerate HDIs growth in key areas, including scaling its plastics circularity business to increase recycling capacity and operational efficiency. It will also support the expansion of its Bio-gas plant through its joint venture with Carbon Masters, reinforcing its commitment to sustainable waste-to-energy solutions. At Rainmatter, we believe in supporting businesses that drive systemic change for a more sustainable future, and we are excited to be part of HDIs next phase of growth as they scale their operations and expand beyond Bangalore.Vipul Nath Jindal, MD and CEO of Next Bharat Ventures, commented, At Next Bharat Ventures, we are committed to backing Impact Entrepreneursfounders who are driven by a deep-rooted intent to create lasting social change. Hasiru Dala Innovations is a testament to the power of mission-driven entrepreneurshipone that not only creates sustainable livelihoods but also builds resilient circular economy models at scale. Beyond livelihood opportunities, we are focused on driving systemic change, with over 40 informal waste sector suppliers now adopting fair trade practices.