Friday, December 20

Industry Updates

ETO Motors in Collaboration with Delhi Metro Deploys 45 Electric 3-Wheelers at Kalkaji Metro Station
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ETO Motors in Collaboration with Delhi Metro Deploys 45 Electric 3-Wheelers at Kalkaji Metro Station

In line with India’s net zero pledge and to enable sustainable growth, ETO Motors, India’s leading EMaaS (Electric Mobility as a Service) Company with its unique 360-degree Electric Mobility business model, has launched 45 electric L5 three-wheelers with women driver partners at Kalkaji metro station in New Delhi. The initiative is in line with ETOs core principle of EMPOWERMENT and aims to promote their ‘drive and own’ scheme. This is ETO’s second launch in the city, they have successfully launched 36 E3Ws at Azadpur Metro Station for LMC service in December 2022.ETO has also set up a charging network through ETOs EV charging solution – Thunderbox at the Kalkaji metro station, which can simultaneously charge up to 30 vehicles at a time. Commenting on the launch, Mr Pavan Chavali, Mana...
Havells India Introduces Revolutionary Solid State Circuit Breaker (SSCB) Technology in Association with Swedish Tech Start Up – BLIXT
Industry Updates

Havells India Introduces Revolutionary Solid State Circuit Breaker (SSCB) Technology in Association with Swedish Tech Start Up – BLIXT

Havells India Limited has taken a strategic step towards revolutionizing the Indian electrical industry with its recent commercial agreement signing with Sweden tech start-up BLIXT. By introducing revolutionary solid-state circuit breakers (SSCB) in Indian Sub-continent, Havells is strengthening its position as a leading switchgear company in the region. The move highlights Havells' focus on innovative and future-ready solutions that meet sustainability standards in a rapidly transforming industry. India's demand for high-power applications is expected to grow faster than any other nation in the coming decades, and the power system is projected to become technologically superior, smart, and conducive to IT-enabled data sharing and management technology. SSCBs, with their...
Prozeal Infra Gets First Round of Funding from Alchemie Ventures
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Prozeal Infra Gets First Round of Funding from Alchemie Ventures

 Prozeal Infra Engineering Pvt. Ltd. has announced their first round of funding led by Chandrakant Gogri's family office arm – Alchemie Ventures. The $4 Million (approx. INR 32.5 Crore) investment is for a minority stake at an undisclosed valuation. The funds will be used to scale operations and execute developer-model projects for energy and utility companies. Incorp Advisory was the exclusive investment banker for the transaction, which represents the largest Series-A fundraising transaction in India's Solar EPC space in over 2 years. Prozeal Infra is a home-grown venture founded by two Ahmedabad-based co-founders. The company already has an order book worth INR 1,000 crore ($120 million) that will be fulfilled over t...