Chakr Innovation raised an undisclosed sum in Series B from Neev Fund II, a sustainability and small and medium enterprise (SME) focused fund managed by SBICap Ventures.
Chakr Innovation provides an emission control device that reduces pollution at the source while also capturing harmful particulate matter emissions. The startup is also developing other technological solutions, such as Metal-Air battery technology. The Delhi Pollution Control Committee has mandated that all diesel generators with a capacity of 125 kVA use pollution control devices. Chakr's technology is assisting industries in reducing emissions, remaining compliant, and driving positive environmental change.