Pyse Invests in Dubai, Aiming to Offset 20 Million Kilograms of Carbon Dioxide Emissions
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Pyse, an investment startup headquartered in Bengaluru, is preparing for an expansion into Dubai, aimed at empowering retail investors in green asset financing.
This facilitates investments in sustainable initiatives like solar energy and electric vehicles.
The company offers green asset financing services to commercial and industrial clients across all seven emirates.
Their strategy involves investing in approximately 40 projects in the UAE, amounting to $40 million in asset investments by the conclusion of 2024.
This investment is expected to offset an estimated 20 million kilograms of CO2 emissions. Pyse has kickstarted a project involving the deployment of over 300 electric bikes in Dubai for last-mile deliveries.
In line with their global efforts, this investment startup is introducing an app allowing users to integrate various applications to monitor and counter their carbon emissions by investing in sustainable ventures.
To support their expansion and growth, Pyse is actively seeking to secure approximately $1 million in funding from investors based in the United States and the UAE.
Pooja Malik / Your Story
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