YES BANK, India’s fourth largest private sector bank, launched YES SCALE: Cleantech Accelerator, as part of its multi-sector start-up accelerator YES SCALE (Smart City, Clean Tech, Agritech, Lifesciences Tech, Edu Tech). YES SCALE: Cleantech Accelerator will focus on scaling up startups working on energy efficiency, waste management and water management – paving the way for a cleaner future. This platform will provide affiliated startups with access to technology, mentorship, funding and commercialization. Affiliated startups will have access to funding of USD 1 mn through various investment partners and will be one of the few global programs to provide zero equity grant of up to INR 20 lakhs for pilot or proof of concept.
Please find attached the two reports authored by Yes Bank Limited/Yes Global Institute, titled ‘Electric Vehicles – Catalyzing the future of mobility’ which lays emphasis on establishing electric mobility infrastructure, providing fiscal incentives to the EV ecosystem, innovative business models as well as strengthening market linkages in this industry and ‘Renewable Energy – India’s Energy Game Changer’, which will outline the current global renewable energy landscape, the vast opportunity that lies in India and the role of startups in catalyzing this sector.
