Daily brief on deep tech and climate tech news from India and around the world.
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.
The facility, strategically located near the airport, will generate more than 500 jobs and foster collaborations with global OEMs, supporting innovation and self-reliance in the aerospace sector, the public sector company said in a press release.
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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. The MVS7 offers a top speed of 50kmph, up to 85km range, and a 150kg payload. The partnership aims to sell 25,000 units in the next year.
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.
This acquisition aligns with INOXGFL Group’s strategy to scale its renewable energy capacity and reach 3GW of hybrid installations within two to three years.
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.
The company is a leading supplier of clean air, powertrain, and suspension solutions for Indian and export markets, holding significant market share across commercial and passenger vehicle segments.
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.
The vehicle-mounted robots eliminate manual scavenging, improve worker safety, and ensure hygienic waste disposal. Their success has inspired Bengaluru to adopt the technology, advancing India’s leadership in socially driven robotics innovation and setting a new standard for urban sanitation across the country, according to the 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.
LogicFlo AI’s intelligent agents streamline regulated scientific workflows, dramatically reducing timelines for medical writing and information response. Founded by Udith Vaidyanathan and Arun Ramakrishnan in 2024, the company aims to redefine scientific work in regulated industries.
“For the first time, AI agents are capable enough to drive meaningful productivity gains in regulated scientific work,” Vaidyanathan said in the press release. “LogicFlo AI puts experts firmly at the centre. The goal is to empower the brightest people in life sciences do what only they can do – drive medical science forward and help elevate the standard of care.”
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