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Ennovent, as a partner to the Artha Venture Challenge, worked with Boond Engineering and Development who provides access to affordable clean energy in northern India.
The tailored mentorship and service provider engagements were designed to negotiate and manage relationships with rural cooperative banks to prepare relevant policies and terms. Additionally, Ennovent helped to streamline and optimise the financial and operational sides of Boond’s business, and increase its investment readiness.
As a result of the fundraising support, Boond was subsequently able to raise an undisclosed investment from investors.
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