Transition VC, India’s first Energy Transition-focused VC fund, has onboarded Anuj Khanna as a Limited Partner. An experienced professional from the Electrical Energy and Power Distribution sector, Khanna will also be joining the Fund’s investment committee as a Sector Expert. He will be instrumental in the identification, evaluation, and investment consummation for identified target start-ups across sectors including Renewable Technologies, Storage, and Distribution.
Anuj Khanna is a former promoter of C&S Electric Ltd. Over an expansive 22 years of experience to his credit, Khanna led several business units within C&S Electric, encompassing segments such as electromechanical and electronic products, standard components and customized project solutions, Indian and export markets, domestic and overseas manufacturing, mature businesses, and greenfield ventures. At the Corporate level, he has been involved in initiatives across fundraising, treasury control, project evaluations, joint ventures, acquisitions, divestments, and restructuring. He held the position of the Company’s Managing Director for the last 12 years, prior to its divestment to Siemens Ltd. Anuj Khanna has also been a member of EO (Entrepreneur’s Organisation), wherein he led CII (Confederation of Indian Industries) in Western UP, and served as the chairman of CII’s Northern Region Energy Committee.
Commenting on joining Transition VC as an LP & a Sector Expert, Anuj Khanna said, “Having served in the Electrical Engineering industry for over 22 years, I have been a keen observer of the energy transition policies and smart city initiatives. I am passionate about the innovations and product technology related to these fields. Through Transition VC, I am excited to be actively contributing to the growth of energy transition players and the industry at large.”
Transition VC’s Founder & Managing Partner Raiyaan Shingati also commented on the development, he said, “Anuj is an exemplary inspiration to young entrepreneurs in Energy Transition sectors, and we are delighted to onboard him as our Limited Partner and Sector Expert. His domain expertise is aligned with our investment thesis, and his business acumen specific to electrical energy and distribution sectors, will be a significant contributor to our investment decisions. As a part of our investment committee, Anuj will be closely working with our investment management team and other committee members.”
As a voting member of Transition VC’s investment committee, Anuj will also mentor entrepreneurs and take up board positions in specific portfolio companies as per the Fund’s requirements.
In November 2022, Transition VC launched India’s first Energy Transition-focused fund with a target corpus of INR 400 crore. It is looking to support early-stage startups in sectors such as New Energy, E-Mobility, Green Hydrogen, Energy Storage, Net Zero Energy Building, and Climate-tech focused on decarbonization.