The Energy Company Secures $2 Million in Pre-Series A Funding
Bengaluru-based EV battery solutions provider, The Energy Company, has raised $2 million in a pre-Series A funding round, led by Siana Capital, Callapina Capital, Z21 Ventures, 1Crowd, Lets Venture, and other investors. The company had previously raised $600,000 in a pre-seed round. The fresh funds will be used to expand Flexi, its full-stack battery intelligence platform, which helps commercial EV fleets improve battery lifespan and financing. The company also plans to scale up FlexiPack for electric two-wheelers and e-rickshaws while expanding into small and medium-sized energy storage ..
Gensol Engineering Reports 42% YoY Revenue Growth
Gujarat-based Gensol Engineering reported Rs 3.45 billion in consolidated revenue for Q3 FY 2025, marking a 30% year-over-year (YoY) increase from Rs 2.66 billion. Profit after tax (PAT) rose 6% YoY to Rs 180 million, driven by a strong engineering, procurement, and construction (EPC) order book.EBITDA for the quarter reached Rs 630 million, up 19% YoY from Rs 530 million. However, earnings per share (EPS) stood at Rs 4.46, slightly lower than Rs 4.79 in Q3 FY 2024.9M FY 2025 performanceFor the first nine months (9M) of FY 2025, Gensol’s revenue surged 42% YoY to Rs 10.56 billion from Rs 7.4..
MAG to Showcase Premium Developments at Blackburn Dubai Property Expo
MAG, one of the UAE’s leading real estate developers, is set to participate in the Blackburn Dubai Property Expo, taking place on 22-23 February at Stanley House Hotel & Spa, UK. The developer will showcase its flagship project, The Ritz-Carlton Residences, Dubai, Creekside, part of the Keturah Resort, presenting a unique opportunity for an unparalleled lifestyle with unmatched service and amenities. Dubai's real estate sector continues to see strong growth, driven by HNWIs seeking luxury developments. With nearly 740 branded residences globally and that figure expected to double by 2031, ..
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