IAN Group, India’s largest early-stage investment platform, has announced a ₹22 crore EV investment in Chargeup, a fast-growing electric mobility startup. The round also saw participation from Cap-A and existing investors. The funding will enable Chargeup to scale its operations across high-demand markets and enhance its EV technology platform designed to empower drivers, lenders, and mobility partners. Founded in 2019 by Varun Goenka and Satish Mittal, Chargeup is building India’s first driver-first EV tech platform, addressing key challenges faced by last-mile drivers, including high EMIs, battery replacement costs, and limited financing options. The platform provides a seamless solution that improves…
Author: WNA TEAM
In India’s rapidly expanding EV landscape, PeakAmp stands at the crossroads of innovation and sustainability. Backed by ₹12 crores in seed funding led by Caret Capital, the company is crafting a future where every battery lives twice, first on the road, and then in renewed purpose through second-life applications and responsible recycling. By blending deep-tech infrastructure, digital traceability, and strong industry partnerships, PeakAmp is shaping a circular ecosystem that keeps both power and progress in motion. In an exclusive conversation with Web News Addiction, Mr. Aditya Sudhanshu, Co-founder and COO, PeakAmp, shared insights into how the company is building the…
Alvarez & Marsal (A&M), a leading global professional services firm known for delivering operational, financial, and strategic transformation, has announced the expansion of its Energy and Resources practice in India with the appointment of Ankit Agarwal as a Managing Director. With extensive experience across energy, infrastructure, and industrial sectors, Ankit Agarwal will play a pivotal role in strengthening A&M’s capabilities in the region. His appointment underscores the firm’s commitment to supporting India’s energy transition, operational excellence, and sustainable business growth. Also Read: https://webnewsaddiction.com/mitsubishi-electric-strengthens-factory-automation-in-china/ Himanshu Bajaj, Managing Director & Head – A&M India and GCC, said, “India’s energy and resources sector…
Rays Power Infra Limited is proud to announce the award of a 300 MW renewable energy (RE) project from one of India’s Maharatna public sector undertakings (PSUs). This project will add INR 1,912 crore to the company’s existing order book, which exceeds INR 8,000 crore. It will be developed under the company’s Co-Development Business Model, with the scope encompassing land acquisition, interstate transmission system (ISTS) connectivity, and complete engineering, procurement, and construction (EPC) execution. The project will be established in one of Rays Power’s upcoming renewable energy parks in Karnataka and is targeted for commissioning within the next three years.…
Mitsubishi Electric Corporation has announced that its wholly owned subsidiary, Mitsubishi Electric Intelligent Manufacturing Technology (China) Group Co., Ltd., based in Suzhou, has acquired a stake in ADT Technology Service (Suzhou) Co., Ltd., a local software developer and previous collaboration partner. Through this partnership with ADTTech, which specializes in software for production planning, manufacturing management, quality assurance, and equipment control, Mitsubishi Electric aims to strengthen its factory automation (FA) total solutions. The investment will help advance the development of smarter, more automated factories across China’s rapidly growing manufacturing sector. Also Read: https://webnewsaddiction.com/technology-integration-in-snakebite-prevention-ai-and-digital-health-for-indias-crisis/ ADTTech develops and provides manufacturing management software built…
Inox Green Energy Services Ltd., a leading provider of renewable energy operations and maintenance (O&M) services in India, has secured a Letter of Award (LoA) from KEC International Ltd. to manage operations and maintenance for a 625 MWp solar power project located at Bhadla, Rajasthan. With the addition of this large-scale project, Inox Green’s solar O&M portfolio has crossed the 3 GW mark, while its total renewable energy O&M capacity now exceeds 13 GW. The development reflects the company’s continued expansion across both the solar and wind energy segments. On this occasion, Mr. SK Mathusudhana, CEO of Inox Green, remarked,…
Zscaler, Inc., the global leader in cloud security, today announced the appointment of Dr. Swamy Kocherlakota as Executive Vice President of Agentic AI Security Engineering. The appointment comes as artificial intelligence rapidly evolves beyond chatbots into autonomous, agentic systems that operate simultaneously as users and applications, fundamentally disrupting traditional security models and creating a new class of sophisticated cyber risks. Dr. Kocherlakota will lead Zscaler’s effort to address these challenges at the architectural level, moving beyond fragmented, tool-based approaches that fail to secure agent-driven environments. “Agentic AI is the future of how organizations will work, creating enormous opportunities for automation…
India is dealing with a problem of snakebites. Every year around 50,000 people die from snakebites in India. This is out of about 3 to 4 million snakebite incidents that happen. Sadly India accounts for half of all the snakebite deaths that happen in the whole world (Ministry of Health & Family Welfare, 2024). The real number of deaths from snakebites is probably a lot higher than what the officials are reporting. The official numbers only show a part of the actual deaths from snakebites, in India. Madhya Pradesh had a lot of snakebite deaths from 2020 to 2022. There…
DYNEM Mobility, a leading OEM partner in the electric mobility industry, has announced a strategic partnership with EBOC Mobility Group to launch EBOC’s new B2B division, dedicated to transforming electric bike distribution for independent bicycle dealers (IBDs) across the United States. The collaboration unites EBOC’s American-engineered electric bicycles with DYNEM’s advanced manufacturing expertise, creating a strong foundation for growth and innovation in the U.S. market. Under this partnership, DYNEM Mobility will produce a significant portion of EBOC’s product line in India, ensuring consistent quality, scalability, and performance across its dealer network. More than a business alliance, this collaboration represents a…
Siemens has announced the acquisition of ASTER Technologies (“ASTER”), a privately held leader in printed circuit board assembly (PCBA) test verification and engineering software. This strategic acquisition brings ASTER’s advanced “shift-left” Design for Test (DFT) capabilities directly into Siemens’ Xpedition and Valor software, key components of the Siemens Xcelerator portfolio. By integrating ASTER’s technology, Siemens expands its electronic systems design offering, creating a unified digital thread that connects PCB design and manufacturing. This integration enables customers to detect defects earlier, lower development costs, accelerate time-to-market, and enhance overall product quality and reliability. Also Read: https://webnewsaddiction.com/electrawireless-where-the-future-of-electricity-lives-in-the-air-literally/ Addressing growing complexity in electronics…
ReNew Energy Global Plc, a leading provider of decarbonization solutions, has earned an ‘A’ rating in CDP’s Climate Change assessment for FY 2024-25, placing it among the top 4% of companies worldwide on the leading global platform for environmental disclosure. This milestone marks a two-level improvement in ReNew’s Climate Change score, advancing from a ‘B’ in FY 2023–24 to an ‘A’ in FY 2024–25, and signifies the Company’s inclusion in CDP’s prestigious Leadership band. ReNew also sustained its ‘A-’ rating in CDP Water Security, reflecting a strong, integrated approach to sustainability across all environmental priorities. Commenting on the achievement, Vaishali…
With renewable energy on one end and electric mobility on the other, Servotech Renewable Power System Ltd. is working to connect technology with real-world deployment. Spanning solar power, EV charging infrastructure, and lithium-based mobility solutions, the company is focused on building practical and scalable clean energy systems. In an exclusive conversation with Web News Addiction, Mr. Raman Bhatia, Managing Director, Servotech Renewable Power System Ltd., discusses the company’s integrated approach to clean energy, its execution-led strategy, and how Servotech is aligning innovation with affordability and operational realities. Edited Excerpts Below: What motivated Servotech to enter the electric three-wheeler battery and…