Goldstone Technologies, Quantron AG to forge a joint venture to build digital platforms

  • Industry News
  • Apr 24,23
Goldstone Technologies Limited (GTL) and e-mobility major Quantron based in Germany are to set up a joint venture (JV) in Augsburg, Germany and Hyderabad to build digital platforms offering sustainability services.
Goldstone Technologies, Quantron AG to forge a joint venture to build digital platforms

Goldstone Technologies Limited (GTL) is setting up a joint venture (JV) company partnering with German e-mobility major, Quantron. The JV will operate out of Augsburg, in Germany and from Hyderabad, with plans to set up a US entity in Q3 2023.

The JV company operating out of Germany will be focusing on providing various solutions through an AI-supported platform. GTL and Quantron, by developing this platform will be serving a market which is under the serious requirement of sustainable integrated solutions for mobility and logistic companies for their fleet management solutions. The new company will be a key enabler for a zero-emission transport transformation. The addressable market size will be between €150-250 billion by 2030 enabling OEM agnostic mobility as a Service (MaaS) Solution. Target markets are Europe, the USA, India, and the Middle East with Quantron, and ETO Motors as the first customers. Both parties are planning to invest over €20 million in the next 36 months into these platforms. 

GTL as a development partner will provide the software and manage the integration of the customised platform and Quantron will utilise the digital platform as an enabler for its 360° ecosystem for its customers. The new software will enable an AI-driven SaaS-based platform to serve both as a transaction and customer-facing platform, featuring a User Interface for eg, the performance measurement of fleets, etc. The JV has enough enquiries including the partners' fleets where the beta version will be launched soon.

GTL will bring people, processes and technology together to solve complex business problems, and BI, analytics and sustainability solutions help customers succeed with data. GTL’s world-class IT service offerings aim to deliver focused, flexible, and high-quality solutions at optimal costs, thereby building trust-based relationships with customers and reducing time to value. GTL will be developing the Minimum Viable Product (MVP) of the platform, in collaboration with Quantron.

Roadzen Incorporation is a strategic partner in this JV to support a digital product portfolio to offer insurance-as-a-service (IaaS), roadside assistance and extended warranty modules. The JV would also cover the distribution, sale and commercialisation of the software as a white-labelled solution to third parties. One of the objectives of the JV is to give logistics providers opportunities to convert their existing analogue processes into digital environments. The focus of the JV is on the value addition the clients get from solutions, not just the solutions themselves.

Starting out as a horse-drawn carriage business in the year 1882, Quantron combines e-mobility know-how with over 140 years of commercial vehicle experience and plans to introduce heavy-lift e-mobility logistics solutions to the Indian market. The JV will announce the plan for the Indian market with the MaaS and fleet management services, with the view to become OEM agnostic and focus on the future needs of fleets in the zero-emission world.

Related Stories

Electrical & Electronics
LAPP India to showcase latest solutions at ELASIA 2024

LAPP India to showcase latest solutions at ELASIA 2024

The event will be held from May 24 to 26, 2024, at the BIEC - Bangalore International Exhibition Centre.

Read more
Smart Manufacturing
Messe Stuttgart India mourns MD & CEO, Sachin Patil

Messe Stuttgart India mourns MD & CEO, Sachin Patil

Sachin Patil was visionary leader with over 18 years of experience in trade fair industry in India.

Read more
Aerospace Defence
Indian drone manufacturing sector to grow to Rs 9 bn by 2025; Nexgen Exhibitions

Indian drone manufacturing sector to grow to Rs 9 bn by 2025; Nexgen Exhibitions

Drones have demonstrated their utility in various sectors including border surveillance, disaster management, and COVID management, with further applications anticipated in logistics, data processin..

Read more

Related Products

High Pressure Chemical Reactor

Chemical Equipment and Machinery

Karadani Engineering Pvt Ltd offers a wide range of high pressure chemical reactor

Read more

Request a Quote

Vacuum Formed Seat Back Cover

Chemical Equipment and Machinery

Ace Engineering & Chemicals Private Limited offers a wide range of vacuum formed seat back cover

Read more

Request a Quote

Jig Saws Machine

Chemical Equipment and Machinery

Caple Industrial Solutions offers a wide range of jig saws machine.

Read more

Request a Quote

Hi There!

Now get regular updates from IPF Magazine on WhatsApp!

Click on link below, message us with a simple hi, and SAVE our number

You will have subscribed to our Industrial News on Whatsapp! Enjoy

+91 84228 74016

Reach out to us

Call us at +91 8108603000 or

Schedule a Call Back