The funds will be used to finance residential as well as commercial and industrial rooftop solar installations, along with electric mobility solutions.
The initiative aims to improve recycling systems for EV batteries, secure critical raw materials and support the transition towards a circular economy.
India’s digital health sector is growing rapidly, with AI, diagnostics, and data-driven models improving access, accuracy, and efficiency, while addressing gaps in infrastructure, affordability, and patient-centric care delivery.
Following the acquisition, Moove will operate under Netradyne Europe and act as a central hub for regional sales, partnerships, and customer engagement.
A total of 74 funding rounds were recorded during the January–March period, down 48% from 145 deals in Q1 2025, pointing to fewer but significantly bigger transactions.
The platform is aimed at first-time investors and seeks to simplify stock market participation through AI-driven insights and expert-backed recommendations.
The company will use funds for debt repayment, expanding capacity, upgrading its Perundurai facility, and strengthening cold chain and distribution networks.
India’s consumer tech sector is entering an AI-driven era, where companies prioritise personalisation, data-led growth, and efficiency while maintaining trust, authenticity, and strong brand connections.