The downfall for the company started when it failed to release results for FY2022 and later they were released after 18 months. The company is yet to declare its FY2023 results.
Presently, around half of all compensation is funded from international sources such as Just Energy Transition Partnerships, which are multi-lateral structures for accelerating the phase-out of fossil fuels.
Sustainable construction is still in its early days in India. Currently, Indian Green Building Council (IGBC) Building certification is what is driving the methods adopted by developers.
The Global Sustainability Barometer study was conducted among 1,523 technology and sustainability business leaders across 16 countries in Asia, EMEA, and the Americas.
Ivy Chin from Inflection Point Ventures highlighted the diversity of investors, including CXOs and professionals, contributing to the angel investing ecosystem.
Amid reports of Tesla incurring loss has created a doubt about the success of small or new start-ups in a world where a well know manufacturer is struggling in different markets including China.
As per Vahan data, 350,238 e-three-wheelers were retailed in CY2022. Given the 8% YoY decline in CY2023, China's estimated CY2022 sales would have been 347,840 units, which means India just might have been the e-three-wheeler leader in CY2022.
BluSmart's journey underscores its leadership in driving EV adoption and infrastructure development in India, setting a precedent for sustainable mobility solutions worldwide.
The proposed emphasis on brownfields investments alongside OEM incentives reflects a comprehensive approach aimed at nurturing a resilient EV ecosystem.
Indian companies are often quite happy seeing a 3-4 per cent R&D spend but we need to focus a lot on the numbers otherwise no one can beat a 10-100X numbers advantage.
While acknowledging the challenges in the current financial landscape, Rajiv emphasized the role of impact capital and philanthropic funding, asserting, "Capital as a force of good is a huge problem."
The AI Point-of-Sale (PoS) solution caters to traders, leveraging artificial intelligence to streamline transactions, analyze customer behaviour, and drive business growth through features like inventory management and sales analytics.
Olyv's vision of serving the emerging aspirational class of India with the help of technologies like AI and ML has contributed to the building of a robust digital lending ecosystem to bridge the credit gap.
According to the report by ExperiencesWithEV, a research analysis firm that tracks the EV sector in India, Six months ago, there were 21 charge point operators (CPOs) with at least 15 charging guns in a state/UT. However, now there are 23 CPOs with at least 20 charging guns.
According to the survey, about 31 per cent of the respondent companies have disclosed their net-zero targets while 49 per cent companies have increased their energy consumption from renewable sources.
The water storage in the major reservoirs and river basins in the country has dropped less than the average storage recorded in a decade for the corresponding period.
Through its capacity to process massive datasets and discern patterns in real-time, AI empowers EV technology with informed decision-making capabilities.
A recent research report by Counterpoint research, says India's EV sales in expected to increase by 66 per cent in 2024, and EVs market share in passenger vehicle segment will double to 4 per cent from 2 per cent in 2023.
If there is a way to actually be able to transfer technology from one single source and be able to benefit a lot of use cases at the same time. I think there is a lot of merit to how technology can be perceived, says Rohit MA, Managing Partner, Peer Capital and Co-founder, Cloudnine Hospitals.
Blockchain solves very critical part of the problem which is identification, reliance on information, and accessibility to newer ways of differentiating data that was not accessible.