A Tumkur-based start-up, ArstaEco Pvt Ltd, has raised euro 1,00,000 (Rs 77.8 lakh) from German investor Paul Guire, reports The Times of India. 

ArstaEco converts agricultural waste into solid fuel (bio-charcoal) and synthetic fuel, which can power turbines and gas generators to produce clean energy. ArstaEco has a facility in Tiptur, Tumkur district, that produces 6,00,000 tonnes of bio-charcoal briquettes and one Mw of power. Read More..