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Biofics Private Ltd., a bio-CNG and waste management firm, raised ₹10.4 crore in Pre-Series A funding for expansion and tech upgrades.
Biofics Private Ltd., a firm specializing in bio-CNG plants, EPC, and decentralized waste management, secured ₹10.4 crore in Pre-Series A funding.
Led by investor Gunavanth Vaid and Upaya Social Ventures, the funds will be used to expand operations, enhance tech capabilities, and support research for bio-energy.
The company aims to establish 100 CBG projects across India and focus on waste management in cities like Gurugram, Prayagraj, and Lucknow.
Biofics has an order book of ₹500 crore and clients including Jindal Steel and the Surat Diamond Bourse.
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Biofics Private Ltd., una empresa de bio-GNC y gestión de residuos, recaudó 10,4 crores en Pre-Serie Una financiación para la expansión y mejoras tecnológicas.