AzurePower Lands First Round Funding

Moresco, Justin
November 2008
Red Herring;11/18/2008, p3
Trade Publication
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.


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