Another Indian solar services firm snags Silicon Valley funding
Azure Power, a Delhi, India company that develops large solar projects both on and off the commercial power grid in its home country, has raised an undisclosed first round of funding from Foundation Capital and Helion Venture Partners.
The investment is the second that Silicon Valley venture firms have made in Indian solar in less than two weeks. Previously, a firm called Kotak Urja raised $8 million from Kleiner Perkins Caufield & Byers, Sherpalo Ventures and… Continue Reading