Shell Foundation

intellecash startupThe credit facility extended to these three companies has been provided with partial funding from the Shell Foundation. The Shell Foundation offers viability-based lending to fast-growing Small and Medium Enterprises (SME’s). IntelleCash, a Non Banking Finance Company specializing in incubating start-ups and providing commercial loans to SME’s in the energy and infrastructure sector, announced last week that [...]
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India-based Husk Power Systems (HPS), with operations in India , raised an undisclosed amount of second round funding from Shell Foundation to expand its operations for its biomass electrification technology, which converts rice husks into electricity.
Previously, the company raised $235,000 from a number of business plan competitions (Massachusetts Institute of Technology, Dell, University of [...]

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