TITLE

AzurePower Lands First Round Funding

AUTHOR(S)
Moresco, Justin
PUB. DATE
November 2008
SOURCE
Red Herring;11/18/2008, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that energy startup AzurePower has raised an undisclosed amount in a first round of funding led by Helion Ventures and Foundation Capital in India. AzurePower emphasizes on commercial, government, and utility customers. The independent power producer agrees to finance, operate, and maintain a power facility in exchange for a customer agreeing to purchase that power over a set amount of time at arranged prices.
ACCESSION #
36586185

 

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