SIG Tattva Invests Rs 3.5 Crore in Crion Technologies

11 Sep 2025 CW Team

SIG Tattva, the corporate venture capital arm of Somany Impresa Group (promoter group of AGI Greenpac and Hindware Home Innovation, has invested Rs 3.5 crore in Crion Technologies, a deep-tech company developing solutions in IoT, AI, AR/VR, and cloud technologies.

Crion’s flagship platform Clonos, a digital twin solution, is transforming asset management with real-time insights and predictive capabilities. Vishnuvardhan Jayachandran, CEO of Crion Technologies, said: “This collaboration gives us the momentum to scale faster, accelerate product development, and expand into new markets. Together, we can unlock meaningful impact at scale.”

Alongside the investment, SIG Tattva launched its flagship ‘Pilot Before Pitch (PBP)’ programme, an industry-first initiative enabling start-ups to validate solutions in live industrial settings. The event brought together leading venture capital firms, start-ups, academia, and senior leaders from Somany Impresa Group.

Shashvat Somany, Founder of SIG Tattva, said: “What excites us about Clonos is its ability to prove value quickly inside industrial operations. With our Pilot Before Pitch programme, we want to create a model where industry and innovation grow hand-in-hand.”

he PBP launch was hosted at AGI Greenpac’s Bhongir Glass Manufacturing Plant, India’s largest glass bottle facility, showcasing opportunities for start-ups to test solutions at scale. Sriharsha Bandaluppi, Head of SIG Tattva, added: “This initiative brings together industry, investors, and innovators to accelerate adoption of transformative technologies.”

SIG Tattva aims to strengthen India’s deep-tech ecosystem by backing ventures in manufacturing, SaaS, clean technologies, and product innovation, while offering strategic guidance and industry access beyond capital.

Infrastructure Urban

04 May 2026

Jyoti Structures FY26 profit rises 56.5%

Jyoti Structures (JSL) recently reported strong financial results for the quarter and year ended 31 March 2026, driven by disciplined execution, cost management and steady progress across its order book.For Q4 FY2025-26, total income rose 44.2 per cent to Rs 2.41 billion from Rs 1.67 billion in Q4 FY2024-25. EBITDA increased 58.6 per cent to Rs 237 million, while EBITDA margin improved by 89 basis points to 9.84 per cent. Profit before tax grew 53.3 per cent to Rs 188.5 million, and net profit rose 51.9 per cent to Rs 181.4 million.For FY2025-26, total income grew 53.1 per cent to Rs 7.72 bill..

Cat BEPU to Power Doppstadt Separator at IFAT 2026

Caterpillar’s Cat Battery Electric Power Unit (BEPU) has been selected by Doppstadt to power its SWS 6 Spiral Shaft Separator, which will be showcased for the first time at IFAT 2026 in Munich, Germany, from 4–7 May.The compact plug-and-play BEPU is designed to replace a diesel engine within the same space, using the same mounting locations and relative machine position. It integrates the battery, motor, inverter, onboard charging, cooling and controls, enabling OEMs to electrify existing chassis platforms without extensive redesign.Caterpillar and Cat dealer Zeppelin Power Systems have be..

VECV sales rise 6.9% in April 2026

VE Commercial Vehicles, a joint venture between Volvo Group and Eicher Motors, recorded sales of 7,318 units in April 2026, compared to 6,846 units in April 2025, registering 6.9 per cent growth. The total included 7,159 units under the Eicher brand and 159 units under the Volvo brand.Eicher branded trucks and buses reported sales of 7,159 units during the month, up 6.6 per cent from 6,717 units in April 2025. In the domestic commercial vehicle market, Eicher sales rose 8.6 per cent to 6,797 units from 6,257 units a year earlier.Exports declined 21.3 per cent, with VECV recording 362 units in ..