Indian Investors Bet on Climate-Tech Underdogs

Two well-known Indian investors, Mukul Agrawal and Ashish Kacholia, are putting their money into two smaller companies that are helping India become more environmentally friendly.

One company, Concord, makes special parts for trains and is working on a big project to build a train that runs on green hydrogen, which is a clean type of fuel.

The other company, Vikran, builds things like solar power plants and helps with electricity.

Both companies are growing quickly, but they also have some risks, like not being able to sell their shares easily and having to wait a long time to get paid for their work.

The investors think these companies are important because they help make India's future cleaner and more sustainable.