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Incubated in SINE, IIT Bombay, kWatt Solutions Pvt. Ltd. (kSPL) which aims to economize renewables, received a funding of $0.5 million from a real estate house in Indore. With solar energy booming in India and clean energy currently in focus, kSPL is tapping into this sector with a vision to make renewable energy affordable and […]
30 May 2015
Havells India Limited has announced the acquisition of majority stake of 51% in Promptec Renewable Energy Solutions at an enterprise value of Rs 65 crore. Promptec Renewable Energy Solutions is a manufacturer of LED and solar lighting products. With this acquisition, Havells would expand its footprints into two high growth lighting verticals of LED and solar […]
21 Apr 2015
The debate about the value addition MBAs bring to startups is always fresh. But Sun-Bazaar, the brainchild of Samarth Wadhwa and Kumar Gaurav, owes its genesis to their MBA courses. The intriguing discussions that occurred in the course taken by Prof. Mahesh Bhave during their MBA at IIM Kozhikode, led these two youngsters to start […]
11 Feb 2014