Entrepreneur News Network

India’s Factories Pay ₹35 Per Unit for Diesel Power. VoltSeal Just Raised Pre-Seed Funding to End That.

Voltseal

Every time a factory in India flips on a diesel generator, it pays between ₹25 and ₹35 per unit of electricity. Grid power, by comparison, costs ₹6 to ₹9 per unit. Stored solar energy even less. That gap — between what India’s commercial and industrial sector pays for backup power and what it should pay … Read more

Chennai-Based Meine Electric Raises $750,000 Pre-Seed

(L-R) Meine Electric founders Priyansh Mohan, Stuti Kakkar | Image: Meine Electric I

Meine Electric, a Chennai-based clean energy startup focused on iron-air long-duration energy storage, has raised $750,000 (around ₹6.7 crore) in a pre-seed funding round to accelerate the development of its next-generation battery systems. The round was backed by Antler, Rebalance, Venture Catalysts, gradCapital, and AIC-AU Incubation Foundation, along with participation from angel investor Alexander Hogeveen … Read more