Biofuel Company Greenjoules Raises $4.52 Million from Blue Ashva Capital

The funds raised include equity and debt component that will be utilized to set up commercial-scale waste-to-energy plants and spent in R&D

June 10, 2021

/ Rahul Nair

/ Finance and M&A, Other

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Pune-based biofuel company Greenjoules has raised ₹330 million (~$4.52 million) in a ‘Series A’ round of funding from Blue Ashva Capital through its Blue Ashva Sampada Fund.

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Rahul Nair

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Biofuel Company Greenjoules Raises $4.52 Million from Blue Ashva Capital

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