Advisor Role of Argus Partners in Securing Series A Fundraise for Avaana Capital in Wastelink
Wastelink, a B2B food upcycling startup, has recently secured an investment of approximately $3 million from Avaana Capital, a climate-tech venture capital fund. The funding was raised through a Series A fundraise.
The investment aims to strengthen Wastelink's research and development capabilities and expand its operations across India. Avaana Capital, known for its focus on driving sustainable economic growth, resilience, and competitiveness, supports startups in India focusing on sustainability and circular economy sectors.
The transaction team involved in the investment included Pallavi Kanakagiri, Siddharth Malakar, Ananya Bhat, Shubham Tiwary, and others. Argus Partners advised both Avaana Capital and Wastelink on the deal, although the specifics of the investment and the terms of the agreement remain undisclosed.
Avaana Capital backs transformative technologies across critical sectors and believes that Wastelink's innovative approach to waste management aligns with their mission. However, further details about the nature of the investment and the specific terms of the deal are yet to be disclosed.
This marks Avaana Capital's latest investment in a startup focusing on sustainability and the circular economy, underscoring their commitment to supporting innovative solutions that address pressing environmental challenges. The exact location of Wastelink, Avaana Capital, or Argus Partners was not specified in the available information.
