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How LogicFlo’s AI empowers life sciences experts, Genrobotics Bandicoots in Chennai sewers, and more
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BEML inaugurates aerospace SEZ facility in Bengaluru, lays foundation for major expansion
BEML Limited has inaugurated a state-of-the-art warehousing facility at the KIADB Aerospace SEZ in Bengaluru. It has also laid the foundation for a larger Phase II expansion. This initiative aims to strengthen India’s defence and aviation ecosystem by developing a 25-acre industrial hub for advanced manufacturing, MRO services, and global exports.
Indofast and Motovolt partner to launch battery-swapping MVS7 e-scooter, advancing affordable EV adoption
Indofast Energy, a joint venture between Indian Oil Corporation and SUN Mobility, has partnered Motovolt Mobility to launch the MVS7 electric scooter, featuring battery-swapping via Indofast’s nationwide network, according to a press release.
The alliance uses a Battery-as-a-Service (BaaS) model to lower upfront costs and eliminate range anxiety, targeting both commuters and businesses.
Inox Clean Energy subsidiary acquires Skypower Solar India to expand renewable portfolio
Inox Clean Energy Limited’s subsidiary, Inox Neo Energies, has acquired Skypower Solar India Private Limited, which operates a 50MW (AC) / 57.5MW (DC) solar project in Madhya Pradesh. The asset, commissioned in 2018 and secured by a 25-year PPA with MP Power Management Company, was valued at approximately Rs. 265 crore, reflecting a 5.3x EV/EBITDA multiple.
Tenneco Clean Air India files DRHP with SEBI for ₹3,000 crore IPO
Tenneco Clean Air India Limited, part of the US-based Tenneco Group, has filed its Draft Red Herring Prospectus (DRHP) with SEBI for an Initial Public Offering comprising an Offer for Sale of up to Rs. 3,000 crore by promoter Tenneco Mauritius Holdings Limited. Shares will be listed on BSE and NSE.
Genrobotics celebrates a year of smarter sewer cleaning with Bandicoot robots
Genrobotics, a startup in Thiruvanantapuram, is celebrating a year of smarter cleaning of sewers in Chennai, including contactless cleaning, with its Bandicoot Mobility+ robots. These robots have safely cleaned more than 5,000 manholes and stormwater drains since April 2024, according to a company press release.
LogicFlo AI secures $2.7 million seed funding led by Lightspeed to expand AI agent platform in life sciences
LogicFlo AI, a Boston-based AI platform for life sciences, has raised $2.7 million in a seed round led by Lightspeed. The funding will accelerate global expansion and product development, enabling deeper deployment with pharmaceutical, biotech, and med-tech enterprises, including Fortune 500 clients, according to a press release.
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