Exclusive: BiofuelCircle secures Rs 35 Cr in fresh funding

BiofuelCircle raised Rs 35 crore in a funding round led by Pooja Unichem LLP.

Other participants include Varanium Venture, Rajeev Kumar, Karma Capital Advisors Private Limited, and others.

The company's valuation increased to approximately Rs 638 crore, up 21.5% from the previous valuation of Rs 525 crore.

Proceeds will support growth plans; BiofuelCircle is a digital marketplace connecting farmers, suppliers, and industries for biomass and biofuels.