Brigade REAP Inducts Five Startups into 18th UrbanTech Cohort
Brigade REAP, India’s first UrbanTech accelerator, has onboarded five disruptive startups for its 18th cohort, chosen from over 200 applicants. The selected ventures represent modular construction, heavy equipment logistics, clean energy, digital finance, and solar innovation technologies, each with the potential to reshape urban development. “The ultimate aim of mentoring these startups by way of biannual cohorts is to integrate cutting-edge UrbanTech into the real estate sector. These innovative startups that have indigenous technologies and vision to create forward-thinking solutions n..
EIL Awards R&D Order to Greenzo for Hydrogen Electrolyser Unit
Greenzo Energy, India’s first integrated green hydrogen company, has secured a Research & Development (R&D) order from Engineers India (EIL), a Navratna PSU under the Ministry of Petroleum & Natural Gas. The order, placed through the Government e-Marketplace platform, covers the supply, site work, and mandatory spares for a hydrogen electrolyser modular unit to be deployed at EIL’s R&D Complex in Gurgaon, Haryana. Speaking on the development, Sandeep Agarwal, Managing Director, Greenzo Energy, said: “We are deeply honoured to receive this R&D order from Engi..
Foseco India to Acquire 75 Per Cent Stake in Morganite Crucible
Foseco India Limited (FIL), part of the Vesuvius Group of companies, has signed a definitive agreement to acquire a 75 per cent stake in Morganite Crucible (India) Limited (MCIL) from its current promoters, Morganite Crucible Limited and Morgan Terrassen B.V. of the Morgan Group. The move will expand FIL’s exposure to the foundry business in India, particularly in non-ferrous applications.MCIL is the holding company for the Molten Metals Systems (MMS) business in India, a specialist in high-tech crucibles. FIL will acquire the stake by issuing and allotting 1,150,800 fresh equity shares thro..
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