Funding news
Aegeus Technologies raises an undisclosed amount from Caspian Debt
Aegeus Technologies, an IoT-driven green robotics solution provider has raised an undisclosed amount from Caspian Debt. The company will be using the funds for its working capital and expansion.
Aegeus Technologies is harnessing robotics, AI & ML to revolutionise the O&M of solar plants. Its flagship product is the Intelligent Waterless Solar Panel Cleaning Robots which are installed in more than 8GW plants across India.
Other news
Battery Smart partners with Zepto offering 1000+ EV battery swapping stations for delivery partners
Battery Smart, a battery swapping network for electric two and three-wheelers, has partnered with Zepto to provide the company’s EV delivery partners access to its nationwide network of 1000+ battery swapping stations, enabling two-minute battery swaps across 30+ cities. This partnership will also allow Zepto to deploy 10,000 new electric vehicles to its fleet in FY 2024-25.
Through this partnership, Battery Smart and Zepto will facilitate a seamless transition to electric vehicles for both existing and new delivery partners. Partners can save on costs by buying an EV without a battery and using Battery Smart’s Battery-as-a-Service (BaaS) model.
(The copy will be updated with the latest news throughout the day)
Edited by Affirunisa Kankudti
