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Investors

Exponentia
Ventures

Exponentia Ventures is a venture capital (VC) firm focused on investing in early-stage businesses operating in the new economy. The firm is the venture capital arm of Essar, managing its investments in emerging, future-ready sectors.

Exponentia’s current portfolio includes a strong presence in Green-tech and B2B & B2C tech businesses. Key investments include Greenline – India’s largest and only green logistics operator of LNG and electric-powered heavy commercial trucks, Blue Energy Motors – a zero-emission truck technology start up and Ultra Gas and Energy – a trusted, reliable & clean tech green energy provider. Together, these three companies are building an entire ecosystem to support LNG Powered vehicles & EV trucks enabling clean logistics for industries in the country.

The portfolio also features Pluckk, a lifestyle-focused fresh produce brand that caters to the modern & digital savvy Indian consumer looking to enrich their lives by eating good every day. Pluckk promotes ethical and sustainable growing practices to ensure the entire ecosystem is able to thrive from farm to plate.

About

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Essar, with an entrepreneurial track record spanning over 55 years, creates value in core sectors of Energy, Infrastructure, Metals & Mining, and Technology & Retail. With aggregate revenues of US$15 billion, Essar operates in eight countries and employs over 7,000 people.

Since 2010, Essar has proactively monetised strategic investments, unlocking $40 billion in enterprise value through large transactions with both Indian and international entities. Essar is now positioned to transition its existing assets toward a green economy and investing in businesses that will transform sectors from carbon to a clean energy ecosystem, both nationally and globally. The focus areas include hydrogen, green mobility, industrial decarbonisation, renewables, digital infrastructure, and green steel.

Essar Foundation, the CSR arm of Essar, has a rich 55-year heritage of service across India, focusing on areas such as health, education, livelihood, women empowerment, sports, environment, and infrastructure.

Nikhil Kamath
Enterprises

Since 2010, Essar has proactively monetised strategic investments, unlocking $40 billion in enterprise value through large transactions with both Indian and international entities. Essar is now positioned to transition its existing assets toward a green economy and investing in businesses that will transform sectors from carbon to a clean energy ecosystem, both nationally and globally. The focus areas include hydrogen, green mobility, industrial decarbonisation, renewables, digital infrastructure, and green steel.

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