Zoho hits $1 bln revenue, to invest more in AI, blockchain; Merak, Huddle announce India climate tech accelerator

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One of the latest climate finance initiatives in India comes from Merak Ventures, a venture capital firm, and Huddle, an accelerator-led fund that have teamed up to launch ClimAct — a Climate Tech accelerator programme for startups in India. The programme will back startups in India in agriculture wastage and supply chain efficiency, mobility and transport, climate finance, carbon accounting and sequestration, and digital solutions. And Indian SaaS icon Zoho announces expansion plans, crossing $1 billion in annual revenue