Ecozen Raises $23 Mn to Accelerate Climate-Smart Solutions Expansion

20 Jan 2025 CW Team

Over the past three years, Ecozen has experienced an impressive compound annual growth rate (CAGR) of more than 83% in revenue. The company has produced over 300,000 Ecotron solar pump controllers to date, including 100,000 units between March and December 2024. These technologies have been instrumental in reducing over 2 million metric tons of greenhouse gas emissions, with 660,000 metric tons of GHG reductions in 2024 alone.

Ecozen’s Omni controller is helping to drive solar energy adoption across multiple sectors, positioning the company for further market growth. In 2025, Ecozen plans to broaden its product range with new innovations that address the changing needs of businesses and communities while maintaining a firm commitment to sustainability.

Devendra Gupta, CEO and Co-Founder of Ecozen, said, "This funding demonstrates the confidence our partners have in Ecozen’s ability to drive significant change through innovation. We’re excited about our rapid growth trajectory, fueled by the rising demand for sustainable solutions. This capital will allow us to scale up our operations and expand our impact both in India and internationally."

Neha Baid, Team Head, Sustainable Food Debt, APAC, at responsAbility Investments AG, commented, "Ecozen’s innovative solutions align perfectly with our commitment to backing impactful ventures focused on climate mitigation, reducing food loss and waste, and promoting climate resilience."

Ashish Mehrotra, MD & CEO of Northern Arc Capital, stated, "We are thrilled to support Ecozen as they work towards creating a lasting sustainable impact through innovative technologies. With the launch of our $125 million climate fund, we aim to empower enterprises like Ecozen to thrive and grow."

Dr. Gouri Sankar, Managing Director of Maanaveeya Development & Finance Private Limited, added, "Ecozen exemplifies how cutting-edge technology can address real-world challenges. We are eager to see them expand their impact in the years ahead."

Ecozen, a leader in climate-smart technology solutions, has secured over $23 million in debt funding from responsAbility Investments AG, Northern Arc Capital Limited, Maanaveeya Development & Finance Private Limited, and other investors. The capital will help the company expand its existing operations and strengthen its position in the sustainable technology sector. Over the past three years, Ecozen has experienced an impressive compound annual growth rate (CAGR) of more than 83% in revenue. The company has produced over 300,000 Ecotron solar pump controllers to date, including 100,000 units between March and December 2024. These technologies have been instrumental in reducing over 2 million metric tons of greenhouse gas emissions, with 660,000 metric tons of GHG reductions in 2024 alone. Ecozen’s Omni controller is helping to drive solar energy adoption across multiple sectors, positioning the company for further market growth. In 2025, Ecozen plans to broaden its product range with new innovations that address the changing needs of businesses and communities while maintaining a firm commitment to sustainability. Devendra Gupta, CEO and Co-Founder of Ecozen, said, This funding demonstrates the confidence our partners have in Ecozen’s ability to drive significant change through innovation. We’re excited about our rapid growth trajectory, fueled by the rising demand for sustainable solutions. This capital will allow us to scale up our operations and expand our impact both in India and internationally. Neha Baid, Team Head, Sustainable Food Debt, APAC, at responsAbility Investments AG, commented, Ecozen’s innovative solutions align perfectly with our commitment to backing impactful ventures focused on climate mitigation, reducing food loss and waste, and promoting climate resilience. Ashish Mehrotra, MD & CEO of Northern Arc Capital, stated, We are thrilled to support Ecozen as they work towards creating a lasting sustainable impact through innovative technologies. With the launch of our $125 million climate fund, we aim to empower enterprises like Ecozen to thrive and grow. Dr. Gouri Sankar, Managing Director of Maanaveeya Development & Finance Private Limited, added, Ecozen exemplifies how cutting-edge technology can address real-world challenges. We are eager to see them expand their impact in the years ahead.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Infrastructure Transport

30 May 2026

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Infrastructure Urban

30 May 2026

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..