POWERED Accelerator’s Second Cohort Shortlists 9 Women-Led Startups

Selected companies from the 2nd cohort will be supported with an equity-free seed fund of up to $10,000 after a successful first cohort in October.

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POWERED Accelerator, a first-of-its-kind global entrepreneurship programme, focusing on women-led businesses in the energy value chain, has shortlisted 9 women-led startups for its 2^nd cohort.

The 9 women-led startups shortlisted for the seed fund are:

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1. REVY Environmental Solutions: A startup which develops a cost-effective and indigenous process of treating wastewater releasing biogas in the process.
2. Cydee Technologies: A startup which has unique streetlights to help reduce cost and saving 60% material, along with 30% Extra Energy Saving compared to conventional LED Streetlights.
3. DD Bio Solution Technology: The startup technology produces green energy from agro waste providing an end-to-end clean cooking solution for rural women.
4. FinEffi Energy Solutions: Is a platform which helps save energy, reduce cost of electricity by at least 25% for the end user through their IoT devices and data analytics.
5. GTarang Energy Solutions: The startup develops devices to convert waste thermal energy from individual and industrial setups into useful energy.
6. Pushan Renewable Energy Private Limited: A social enterprise that provides innovative solar powered systems and products for income generation of rural Indian women.
7. Paterson Energy Pvt. Ltd: A Plastic Waste to Fuel Company recycles plastic waste into quality Plastic Oil using Thermochemical Depolymerization Technology.
8. Prakriti Biosystems Engineering: A startup, which converts organic waste into energy by using membrane-based modular solutions to purify Biogas to Bio-CNG.
9. Durga Energy: A cleantech enterprise providing alternative livelihood opportunities to women through training in manufacturing, installation and maintenance of solar products.

Selected companies from the 2nd cohort will be supported with an equity-free seed fund of up to $10,000 after a successful first cohort in October. Cohort is a joint initiative of Shell Foundation (a UK based charity) the UK Government’s Department for International Development (DFID), Government of India’s Department for Science and Technology (DST); and is managed by Zone Startups India.

Previous winners of the grants have included firms in a wide range of development stages, from mature firms to firms that had just crossed concept stage.