Schedule a Call Back
Aegeus Technologies raises undisclosed amount from Caspian Debt
Articles- Jun 05,24
Aegeus Technologies has raised venture debt for its working capital and expansion requirements.
Aegeus Technologies, a IoT driven green robotics solution provider raises undisclosed amount from Caspian Debt, will be utilising the funds for working capital.
Aegeus Technologies, is harnessing robotics, AI & ML to revolutionise the O&M of solar plants. Its flagship product is the Intelligent Waterless Solar Panel Cleaning Robots which are installed in more than 8GW plants across India.
Aegeus Technologies has raised venture debt for its working capital and expansion requirements.
“The face of the solar sector in India is evolving dramatically with technology transforming its every facet. Waterless technology will save a lot of water and manual effort. It thus will bring enhanced return on investments and efficiency in solar panel cleaning and predictive monitoring of health of modules for both utility scale and rooftop solar panel cleaning along with vegetation management", commented the firm.
Founded in 2017 by Suraj Vernekar and Nishith Shah, Aegeus Technologies has a focus on AI and IoT enabled robotics for automating the O&M of solar plants.
The transaction was introduced by firm, Innoxpark Ventures Pvt Ltd, founded by Jyoti Prakash.
The Solar PV market is at the point of inflection and Aegeus Technologies is one of leading companies with reputed clients and is poised to scale.
Aegeus Technologies
Caspian Debt
Suraj Vernekar
Nishith Shah
solar
iot
green robotics
Innoxpark Ventures
Related Stories
Electrical & Electronics
Coal India and UPRVUNL to build 500 MW solar plant
Last month, CIL had also signed a pact with Damodar Valley Corporation (DVC) to set up a Rs 165 billion ultra-supercritical thermal power plant in Jharkhand, emphasising its commitment to high-effic..
Read moreElectrical & Electronics
British International Investment takes 10% stake for $100 million in ReNew
The investment will be deployed towards adding 4 gigawatts of solar module and cell manufacturing capacity. ReNew has 6.4 GW of module capacity and 2.5 GW of cell capacity. The cumulative capacity o..
Read moreElectrical & Electronics
Aerem Solutions and OMC Power partner to finance solar rooftop adoption by MSMEs
Under this agreement, Aerem through its NBFC, will enable credit facilities of Rs 2 billion to OMC Power’s customers, enabling MSMEs to invest in energy-efficient solar systems with easy financing..
Read moreRelated Products
Dna of All Information
INDUSTRIAL AUTOMATION & TECHNOLOGY CONSULTANCY
Roto Leaner Technology Pvt Ltd manufactures a complete range of display solutions.
Standard Series Stations and Enclosures
INDUSTRIAL AUTOMATION & TECHNOLOGY CONSULTANCY
Esbee
Industrial Combines/Esbee Electrotech LLP offers standard series stations and
enclosures.
Fire Alarm
INDUSTRIAL AUTOMATION & TECHNOLOGY CONSULTANCY
Safe Zone is prominent traders and suppliers of the industry, offering a wide range of wireless fire alarm.
Read morelatest News
Subscribe to iNoW
For Industry News on WhatsApp, Give a Miss Call on: +91 84228 74016
