Iron Pillar led a $23m Series C round in Chakr Innovation.

Iron Pillar, a venture capital and growth investing firm focused on technology companies, led a $23m Series C round in Chakr Innovation, a manufacturer of emission control devices and pollution capture technologies for diesel generators and industrial applications, with participation from SBI Ventures, ONGC, IAN, and Inflexor. "This funding is a major step toward realizing our vision of building world-class material science technologies from India. With these resources, we will expand globally, strengthen our R&D capabilities, and establish the country’s first dedicated materials science center focused on critical materials. Our focus remains on enabling industries to operate sustainably while supporting the Prime Minister’s Atma Nirbhar Bharat vision," Kushagra Srivastava, Chakr Innovation Founder and CEO.