Blue Dart Marks Independence Day With Direct Reach To Over 300 Pin Codes

* Strengthening Nationwide Ground Network for Enhanced Connectivity

Blue Dart, South Asia's leading express air and integrated transportation and distribution company, has expanded its direct reach to over 300 pin codes to commemorate India's 78th Independence Day, themed “Viksit Bharat”. This expansion represents a significant increase in the company’s direct coverage capabilities. By leveraging Blue Dart’s connectivity to these additional pin codes, businesses can enhance their supply efficiency through faster, safer, and more cost-effective movements. Customers will benefit from improved transit times, reliability, and access to a broader network.

On this development, Balfour Manuel, Managing Director, Blue Dart, said, "By expanding our direct reach to more pin codes, we enhance accessibility and empower SMEs and MSMEs to connect and expand their business to both domestic and international markets. This aligns with the spirit of India's 78th Independence Day theme and highlights our commitment to growth, operational excellence, and a customer-centric approach as our key market differentiator."

Blue Dart offers an extensive service network of secure and reliable express delivery services, covering over 56,000 locations nationwide. This expanded direct reach reinforces Blue Dart’s commitment to customer satisfaction by connecting to more geographies directly and facilitating business growth. The company’s robust infrastructure includes a fleet of 8 Boeing aircraft, over 33,000 on-ground vehicles including 480+ E-vehicles, and 2,253 facilities nationwide, guaranteeing swift and secure deliveries. Blue Dart, as part of the DHL Group’s DHL eCommerce Solutions division, leverages the world's largest express and ground network to extend its reach to over 220 countries and territories globally.

Blue Dart’s comprehensive service offerings empower SMEs and MSMEs by providing the essential logistics support needed to expand their services and direct reach even the most remote areas. By enhancing the operational capabilities of small and medium-sized enterprises, Blue Dart enables them to thrive in competitive markets. The company plays a crucial role in facilitating business operations across various sectors, including E-commerce, Pharmaceuticals & Medical Devices, BFSI, Consumer Electronics, and Automotive, among others.

Celebrated Indian Filmmaker Karan Johar Joins Fashion Entrepreneur Fund As An Investor And Promoter

The Fashion Entrepreneur Fund (FEF), India's first venture studio dedicated to the fashion sector, has joined hands with Mr. Karan Johar, an Indian filmmaker and fashion icon, as an investor and promoter. 

FEF, an initiative by the FEF India Fashion Awards, aims to nurture a collaborative ecosystem within the fashion industry. After Bollywood Actor Mr. Akshay Kumar, Indian business magnate Mr. Ravi Jaipuria and prominent business leader, Mr. Gaurav Dalmia joined FEF, Mr. Johar is set to enhance support for emerging fashion entrepreneurs, leveraging his extensive experience, expertise, and network to guide startups and budding entrepreneurs toward achieving their goals.

Mr. Johar shares a vision of transforming the fashion industry by addressing the challenges faced by millions of professionals in the sector. He identified a critical gap in the support system for fashion entrepreneurs and saw FEF as the solution. FEF is designed to provide comprehensive support, from focused mentorship to financial resources, addressing the industry's lack of infrastructure and opportunities for growth. Using Mr. Johar's creative influence, FEF aims to create a vibrant network where fashion businesses can flourish, innovate, and compete on a larger level. 

Mr. Johar shared the potential growth opportunities this collaboration can bring, “Fashion is an integral part of our culture and identity. It is an ever-evolving industry, and I am excited to embark on this journey with FEF. The growing popularity of homegrown ventures showcases the incredible talent within India and highlights a shift towards embracing our unique style. My objective is to bring glamour and trends to the forefront, supporting these brands as they captivate audiences globally. Through this initiative, we will help fashion entrepreneurs set new trends and achieve unprecedented success,” he adds. 

Mr. Vagish Pathak, Chairman, and Mr. Sanjay Nigam, Founder of Fashion Entrepreneur Fund, warmly welcomed the distinguished pioneer, saying, “Having Mr. Karan Johar join FEF is a tremendous boost for us. Our mission is to create a vibrant ecosystem where fashion dreams can flourish into successful enterprises. With Mr. Johar joining us, we are poised to accelerate this mission and reach new heights. Mr. Johar’s passion for innovation aligns perfectly with our goals and his experience and extensive networks will be invaluable in reaching out to fashion brands and entrepreneurs. With his support, we are confident that FEF will become the go-to platform for fashion entrepreneurs in India, providing them with the investment, resources, and mentorship they need to succeed.” 

About the Fashion Entrepreneur Fund (FEF): 

Fashion Entrepreneur Fund (FEF), a groundbreaking initiative, fosters a collaborative ecosystem within the fashion industry. FEF is investing an initial amount of ?20 crore to empower individuals in the fashion sector, helping turn their aspirations into thriving enterprises. This pioneering venture aims to cultivate innovation and entrepreneurship, providing essential resources and mentorship to budding talents. By bridging gaps and offering support, FEF propels the growth and success of emerging businesses, enriching the fabric of the fashion landscape. With its robust foundation and visionary approach, FEF sets the stage for transformative change and sustainable growth in the industry.   

Website Link - https://www.thefef.net/

Instagram - https://www.instagram.com/fashion_entrepreneur_fund?igsh=MXByNzR3Zmxzenl1Mw==

NIMS Hyderabad Completes 300 Robotic-Assisted Surgeries Within One Year

*        Becomes one of the fastest among govt. hospitals to achieve this milestone

*         Introduction of robotic-assisted surgery (RAS) has significantly reduced the waiting period for surgeries at NIMS Hyderabad

*        The Director of NIMS thanked the state government for their unwavering support in achieving this milestone

Nizam’s institute of medical sciences (NIMS), a leading government hospital located in Hyderabad, announced that they have completed 300 robotic-assisted surgeries (RAS) within one year of installing one of the advanced surgical robots, Da Vinci. These surgeries include many complex procedures under the departments of Urology, Gastro intestinal surgery and Surgical oncology. Through this, they have become one of the fastest among the government hospitals in India to achieve this milestone.

Commenting on this achievement, Dr. Bheerappa Nagari, Director- NIMS Hyderabad, said “Robotics in surgery is one such emergent technology that is creating waves worldwide and now in India, improving clinical outcomes. Our goal is to provide the best course of treatment to everyone who visits our hospital. With the advent of cutting-edge technology being available in India, it is imperative to make the benefits of those available to all sections of the patient community. We are thankful to the Chief Minister of Telengana, Mr. Revanth Reddy, and Minister for Health, Medical & Family Welfare, Science and Technology, Mr. Damodar Rajanarasimha for their unwavering support in helping us provide this advanced treatment option to people from all strata of our society.”

“As the technology has helped us to reduce the post-operative hospital stay, doctors are able to attend more cases every day. This has also resulted in reduced waiting periods for surgeries, from months to few days. The departments are now getting patients who prefer to undergo robotic-assisted surgery as the word of mouth of operated patients has helped us spread awareness about the benefits of RAS,” Dr. Nagari Bheerappa added.

Dr. Rahul Devraj, Professor and Head, Department of Urology and Coordinator for Robotic Surgery, NIMS-Hyderabad said, “The government support for this modern surgical technique is a significant step in making this novel technology available to all sections of the society. Robotic-assisted surgery, in my perspective, represents a pivotal advancement in the surgical field. I am proud that we are offering such technology-led services here at NIMS. Using this state-of-the-art technology, we can address the complex anatomy and tumour involvement judiciously. In terms of technical feasibility, safety, and long-term oncological and other clinical outcomes, we found this approach as a viable alternative to traditional techniques. We have also observed that the patients who have undergone robotic-assisted surgeries have minimum pain, and this has reduced their post-operative follow-up. The patients have also given very good feedback and have thanked the surgeons for providing them with great results post complex surgeries.”

Commenting on their collaboration with NIMS, Ms. Darla Hutton, Interim GM- India and VP Commercial Operations – APAC of Intuitive, the makers of da Vinci RAS technology, said, “The integration of the da Vinci surgical system at the Nizam's Institute of Medical Sciences represents a significant step in promoting the use of robotic-assisted surgical technologies among practicing and upcoming surgeons. We are happy to learn that through the adoption of RAS, NIMS hospital is able to make this technology accessible to all strata of the society, and it has led to reduced waiting periods for surgeries in a busy government hospital like NIMS. Alongside, our collaboration with esteemed academic institutions like NIMS provides students and professionals with access to cutting-edge technology, enhancing their education and hands-on training. This access ensures that the next generation of surgeons is well-equipped with the latest technological skills, fostering innovation and excellence in surgical practices.”

Robotic-assisted surgery is a minimally invasive procedure that helps patients return to their everyday life much faster, in many surgical procedures. Surgeons use the da Vinci Surgical System to operate through a few small incisions. The system includes a magnified 3D high-definition vision system and tiny wristed instruments that bend and rotate much more than the human hand. As a result, surgeons have better vision, precision, and control. Other benefits include decreased pain, fewer post-operative wound infections, less post-operative scarring, and faster recovery. Reducing the chance of infection makes it an ideal procedure, especially for people with co-morbidities.

Some of the robotic-assisted procedures performed at NIMS are prostate cancer surgeries, partial nephrectomy, radical nephrectomy, radical cystectomy, pyeloplasty, ureteral reimplantation, radical cholecystectomy, large defect ventral hernias, Inguinal hernia, fundoplication, pancreatectomy, whipple procedure, gastrectomy, colorectal surgeries, radical hysterectomy, benign hysterectomy, LAR, hemicolectomy, esophagectomy etc.

Cummins India Limited Appoints Shveta Arya As The Managing Director, Effective September 1, 2024

Cummins India Limited, one of the leading power solutions technology providers, is pleased to announce that its Board of Directors has appointed Shveta Arya as an Additional Director and the Managing Director (Designate) effective August 8, 2024.  Shveta Arya will take up the full-time role as the Managing Director of Cummins India Limited - effective September 1, 2024, subject to approval from shareholders through a postal ballot.

She succeeds Ashwath Ram, who will continue serving the company until August 31, 2024 (close of business hours). Under his leadership, the company achieved profitable growth and successfully navigated multiple challenges, including COVID-19.

Shveta leads the Power System Business for Cummins India Limited – a portfolio she will continue to hold even after her appointment as the Managing Director. As the business leader, she has been driving growth and enhancing market presence for power generation and industrial businesses serving India and the global market.? She also successfully led the launch of the CPCB IV+ range of products, which was introduced in July 2023 and features amongst the most stringent emission standards for backup power generation in the world. Previously, as the leader of Cummins' Distribution business in India, Shveta crafted a five-year growth vision that saw significant revenue expansion during her tenure.

Welcoming the new leader, Ashwath Ram, Managing Director, Cummins India Limited, said, “I am delighted to welcome Shveta as the next Managing Director of Cummins India Limited. As the Business Leader for Distribution and Power Systems, she has played an integral role in the company’s growth journey. Her strategic mindset, customer centricity, and commitment to our core values make her the perfect fit to steer the Company to greater heights. I wish her all the very best in this new assignment.”

Expressing her views on the appointment, Shveta Arya, Managing Director (Designate) and Business Leader - of Power Systems said, "It is both an honor and a privilege for me to lead an organization like Cummins India Limited, which has an illustrious legacy of powering India's growth for over 60+ years. Under Ashwath's leadership, the organization has grown tremendously over the last five years. I am deeply committed to steering the company into its next phase of growth and delivering our brand promise of innovation and dependability.”

Shveta holds a master’s from the Indian Institute of Management, Ahmedabad (IIMA) and a bachelor’s in Information Technology engineering from Delhi University. She has over 20 years of industry and management consulting experience in Automotive, Travel, Financial Services and Telecom sectors. Prior to joining Cummins in 2016 as the Head of Strategy, she has been associated with organizations such as Thomas Cook, Kearney and Infosys.

About Cummins India Limited:

Established in 1962 and headquartered in Pune, Cummins India Limited (NSE: CUMMINSIND | BSE: 500480) is one of the leading power solutions providers in the country. As the oldest and the largest entity for Cummins in India, the company is involved in the power generation, aftermarket, and export businesses. The company has a strong manufacturing backbone and boasts six state-of-the-art manufacturing plants, assembly, and distribution facilities. With over 480 customer touchpoints, the company is committed to powering the success of its customers and ensuring that its services and solutions are readily accessible. The company has over 3,000 employees who contribute their expertise and commitment to ensuring Cummins India delivers on its mission of “making people’s lives better by powering a more prosperous world”.

Godrej Appliances Unveils Wide Portfolio With AI Technology For The Festive Season

 ~ extensive product lineup with AI Tech features

~brand aims to maintain 40% growth during the festive period over last year

The Appliances business of Godrej & Boyce, part of Godrej Enterprises Group, showcased its wide product portfolio with intelligent AI Technology that will be available in stores for consumers in Bangalore.

Consumers today have become more tech savvy and appreciate intelligence in their products- be it devices or appliances. Accordingly, Godrej’s range of appliances in Washing Machines, Refrigerators and Air Conditioners come with in-built intelligence that monitors usage, senses various parameters like ambient weather, food load, cloth load or cloth balance among others depending on the appliance and accordingly optimises the machine’s performance.

The company has also added new machines in the larger capacities given the growing trend towards the same amongst consumers like 400+ Litre Frost Free Refrigerators, large 10 Kg Front load Washing Machines, and 2.5 Tr Air Conditioners. Given the company’s commitment to energy efficiency, Godrej also has on offer India’s most efficient refrigerator consuming less than 100 units of power per year, High efficiency 5-star Air Conditioners, Front Load Washing Machines and Deep Freezers. The company has also lined up a strong portfolio of Front Load Washing Machines with a slew of exclusive offers. Festivities start from the Independence Day Week for the industry and consumers can expect offers ranging from extended warranty to cashbacks and easy EMIs.

Commenting on the upcoming festive season, Kamal Nandi, Business Head and Executive Vice President – Godrej Appliances said, "Summer was a great start for the industry in the South region. With a strong line up of new additions to our premium product range - larger capacities and intelligent technologies, along with exciting offers, we expect to maintain the 40% growth we saw in the summer quarter, in festive season as well. We are pleased to offer an extensive product lineup with intelligent, made in India, AI Technology that optimizes performance and adds convenience.”

About Godrej Appliances

Godrej Appliances, part of the Godrej Enterprises Group, is one of the leading Home Appliances players in India. It was the first Indian company in 1958 to manufacture refrigerators and since then Godrej Appliances has expanded its portfolio across several categories like Washing Machines, Air Conditioners, Microwave Ovens, futuristic Thermo-electric cooling solutions, Air Coolers, Deep Freezers, highly specialized Medical Refrigerators, Dishwashers, and the specialized Insulin Cooler. This portfolio has been powered by the driving philosophy of 'Things Made Thoughtfully.’

Environment protection is a core value at Godrej and our products and processes are based on both human-centric design and planet-centric design. Both manufacturing units of Godrej Appliances became the first in India to win the coveted Platinum Plus Green Co. certification for their pioneering eco-friendly practices. The brand takes pride in its carefully designed products and environment-friendly technologies. Further to this, it promptly provides the best-in-class consumer - rated after-sales service through more than 680 service centers and 4500+ SmartBuddy service experts pan-India.

To learn more visit: https://www.godrejenterprises.com/godrej-appliances

Students, Policymakers And Social Influencers Come Together To Discuss India’s Future At Youth Sabha 2047

Several students gathered for Youth Sabha 2047, an intergenerational town hall organised in New Delhi by the United Nations Foundation and leading think tank Council on Energy, Environment and Water (CEEW), as part of the Next Generation India Fellowship. The event is part of a series of national town halls supported by the Unlock the Future coalition, mobilising young people around the world for the UN Summit of the Future in September.

Through breakout sessions, students engaged in roundtable discussions on India’s priorities as it prepares to turn 100 in 2047. The students discussed the country’s energy and food systems, health priorities, sustainable cities, the future of workforces and artificial intelligence. “Over 50 per cent of India’s population is below 25 years, and I firmly believe in investing in young people. They are curious, bold, innovative, and bring tremendous energy to the table. Most of them will be there when India turns 100,” said Mr Amitabh Kant, India’s G20 Sherpa and Next Generation India Advisor via a video message. “It’s commendable to see CEEW and the UN Foundation bring together dynamic young leaders.”

Prachi Shevgaonkar, Lead Fellow of the Next Generation India Fellowship, kicks off the first session, ‘Young India’s Role in Shaping the Next Agenda’ at the ‘Youth Sabha 2047: Shaping India’s Future’. In picture (L-R): Dr Arunabha Ghosh, Ms Richa Gupta, Dr Shamika Ravi, Mr Shombi Sharp, Ms Dia Mirza, and Prachi Shevgaonkar.

The Youth Sabha 2047 marks a significant milestone as India lays down a blueprint to become a developed country by 2047. The Youth Sabha brought together 11 Next Generation India Fellows, students, policymakers, government officials, civil society leaders, and diplomats for a day of engaging discussions, high-level panels, and interactive sessions aimed at shaping India’s future with the youth at the centre of it.

"Young people are an unmatched force in tackling a country's current and future challenges. Their voices and ideas are essential for building a sustainable, inclusive, and prosperous nation. The UN Foundation is dedicated to empowering these young minds, ensuring they are integral to decision-making processes. At Youth Sabha 2047, we witnessed an inspiring convergence of young people from across the country to drive progress, foster innovation, and ensure a vibrant and equitable future," said Amb. Elizabeth Cousens, President and CEO, UN Foundation.

“The UN’s Sustainable Development Goals are personal. The triple planetary crisis of climate change crisis, pollution, and biodiversity loss are not abstract terms anymore. We are all experiencing polluted air, frequent flooding, and zoonoses like the COVID-19 pandemic. These force us to ask: How can individual choices and actions propel change?” said Ms Dia Mirza, actor, producer and UN Secretary-General’s SDG Advocate.

“I represent a small but growing community of artists advocating for changes necessary for creating a healthy planet for all people everywhere. There are many young people in India who still need to be heard. The SDGs can be the guiding principles of how we build businesses, develop as an economy, manufacture, grow and produce,” she added.

“India has the greatest youth generation in history, and we have to tap into this segment. Young people are not ancillary; they’re the here and now and our main focus. A top priority is making sure young people’s ideas and aspirations make it into policy-making and that we engage young minds to be part of the solution. Fortunately, it’s never been easier for young people’s voices to be heard because social media has bridged that gap,” said Mr Shombi Sharp, UN Resident Coordinator.

The event also saw the presence of Dr Shamika Ravi, Member, Economic Advisory Council to the Prime Minister, Government of India; Mr Rakesh Sharma, cosmonaut and the first Indian in outer space; Dr Arunabha Ghosh, CEO, CEEW; and Ms Richa Gupta, UN Young Leader for the SDGs and CEO, Labhya Foundation.

“When we were in college, the cool kids had guitars and bands. Now, the cool kids in India have start-ups, ideas, and aspirations. Data is important to help connect them to reality. Communicating findings with the next generation is extremely fulfilling. Each of us has to use the tools at our disposal to contribute in whatever little way we can to help the world,” said Dr Shamika Ravi, Member, Economic Advisory Council to the Prime Minister, Government of India.

“With more than half of our population under the age of 25, Indian youth are in a unique and powerful position to influence the future on a global level. We just need to be made aware of the changemaker within us. Youth Sabha 2047 has been set up to realise this very vision of youth-led nation building,” said Ms Prachi Shevgaonkar, Next Generation India Lead Fellow.

The Youth Sabha 2047 also unveiled the concept behind an upcoming youth-led dictionary with a visionary art installation, Fabric of the Future, by Gurjeet Singh, a Chandigarh-based artist and Next Generation India Fellow. Singh has worked across mediums, including sculpture, painting, drawing, sound and performances. The installation consists of a two-layered tapestry created from fabrics collected from across India between 2019 and 2024. The piece represents the aspirations of the young through its embroidery. It also hints towards the series of youth consultations the Next Generation India Fellows will lead in the run-up to the launch of a dictionary, India in Future Tense, and the 2025 Our Future India report.

The Next Generation India Fellowship is a partnership between the UN Foundation’s Our Future Agenda programme and CEEW. Launched on the sidelines of India’s G20 Presidency in 2023, the Fellowship puts young people at the forefront of shaping the country’s future and solving the world’s most pressing challenges as they work closely with intergenerational changemakers globally to build consensus around a ‘future agenda’ for India.

About the United Nations Foundation

For more than 25 years, the UN Foundation has built novel innovations and partnerships to support the United Nations and help solve global problems at scale. As an independent charitable organization, the Foundation was created to work closely with the United Nations to address humanity’s greatest challenges and drive global progress. Learn more at www.unfoundation.org and www.ourfutureagenda.org.

Photo caption: Next Gen India Fellows with Mr Shombi Sharp, UN Resident Coordinator, United Nations, Dr Shamika Ravi, Member, Economic Advisory Council to the Prime Minister, Government of India, Ms Dia Mirza, Actor, Producer and UN Secretary-General’s Advocate for the SDGs, Dr Arunabha Ghosh, CEO, CEEW, Ms Richa Gupta, UN Young Leader for the SDGs and CEO Labhya Foundation and Mr Rakesh Sharma, Astronaut and First Indian in Space.

Kinetic Green Raises US$25 Million From Greater Pacific Capital

·         Greater Pacific Capital to be Lead Investor in the proposed US $ 40 Mn Series A fund raise

·         Kinetic Green to deploy the funds for aggressive growth in its Electric 2W and 3W business

Kinetic Green, a leading Indian manufacturer of Electric Vehicles (“EV”), announced that it has secured a US$25 million investment from Greater Pacific Capital (“GPC”), a leading global private equity firm, as part of an overall targeted Series A fundraise of up to US$40 million.

Kinetic Green entered the EV sector in 2016, as a pioneering EV OEM. The company is led by Sulajja Firodia Motwani, a third-generation member of the Firodia family, the founders of the Kinetic Group. Kinetic has been a leading manufacturer and innovator in India’s automotive sector over the past 50 years, and is well known for iconic products including the Kinetic Luna and Kinetic Honda, selling over 10 million vehicles to date. The group is highly regarded for developing and deploying advanced automotive technologies at affordable prices to drive mobility for the masses, with a focus on designing, developing and manufacturing products in India.

Kinetic Green has emerged as a leading player in India’s rapidly-growing EV market, offering a diverse range of products including electric two-wheelers, electric three-wheelers and golf carts. To date, the company has sold over 100,000 EVs, generating cumulative sales over ?1000 Crores (?10 billion).

This is the first external equity fundraise by Kinetic Green, and it comes at a time when the Indian EV market is at an inflection point. EV Penetration in India has reached approximately 6%, with electric two-wheelers and three-wheelers seeing the fastest adoption and becoming the primary growth drivers of the sector. Electric vehicle sales in India are expected to grow rapidly with a targeted 30% EV penetration by 2030, driven by favourable Government policies for increased adoption of electric two-wheelers and three-wheelers. Kinetic Green is an established EV maker with a proven EV product portfolio, R&D, manufacturing and distribution capabilities in both of these segments, and is well-poised to lead this transition and aims to grow rapidly over the next few years. The company is in the process of expanding its dealership network reach and is aiming to sell over 100,000 EVs over the coming year.

Kinetic Green intends to utilize the funds towards scaling up production at its manufacturing facility in Supa (Maharashtra), marketing and distribution of its current products including the recently-launched E-Luna, and towards research and development of new products. Kinetic Green’s flagship E-Luna was launched in January 2024 in New Delhi in the presence of the Hon. Nitin Gadkari, Union Minister of Road Transport and Highways, and is a new and distinct offering in India’s EV market. Since its launch, the E-Luna has received a tremendous market response in large and small towns of India, as a personal mobility solution and as a “business partner”, well designed for the fast growing e- commerce and home delivery segment.

In addition to scaling up its sales of electric two- and three-wheelers in India, Kinetic Green will also focus on global expansion, in particular through the launch of its premium golf cart range which are designed, developed and manufactured through an exclusive joint venture with the Lamborghini family of Italy. 

GPC’s investment in Kinetic Green is through a combination of instruments including common equity shares, convertible preference shares and debentures. As part of the investment, Mr. Nandan Desai, Managing Director and Co-Head of India for GPC, will join Kinetic Green’s Board of Directors. The company is in active discussions with other potential investors to secure an additional US$15 million of funding which it aims to complete during 2024.

Kinetic Green’s Founder and CEO Sulajja Firodia Motwani expressed excitement about investment by GPC: “The partnership with Greater Pacific Capital marks a pivotal moment for Kinetic Green. Our mission has always been to lead the transition to sustainable mobility and make electric vehicles accessible to a broader audience. This investment will enable us to enhance our capabilities, drive zero-emission transportation, and contribute significantly to India’s energy transition goals. As India moves towards its 2030 EV targets, Kinetic Green is well-positioned to be a key driver in this transformation.”

Mr. Ketan Patel, Founder and CEO of GPC, commented: “India’s successful energy transition is critical for the World to meet its Net Zero objectives, and as the country scales into the third largest economy globally in the next 4-5 years, and its middle class rapidly expands, the electrification of transport will be a crucial element of this transition. The Kinetic Group has been at the forefront of innovation in India’s automotive sector for the last 50 years and with Kinetic Green and products such as the E-Luna, is well positioned to provide innovative and aspirational electric vehicles to India’s large, young and growing population. We are excited to partner with Kinetic Green to help them rapidly scale their business across the country and help drive India’s energy transition forward.”

The advisors to the transaction include Vantage Capital Advisors, Rajani Associates, and Trilegal. 

About Greater Pacific Capital

GPC is a leading international private equity investor, focused on delivering a strong development impact alongside financial returns, with measurable impact on the UN’s Sustainable Development Goals. The firm was founded in 2005 and has invested and mobilized over US$1 billion of capital in high-growth companies in core sectors of the Indian economy including financial services, technology, education and healthcare. GPC’s recent investments include Enzen Global Solutions Pvt. Ltd., a leading global provider of energy efficiency solutions to utilities; Muthoot Microfin Ltd., one of India’s largest microfinance institutions; NxtWave Disruptive Technologies Ltd., a rapidly-growing training and skilling platform for careers in technology.

For more information on GPC, please visit: http://greaterpacificcapital.com

About Kinetic Green:

Kinetic Green, the latest venture from Kinetic and Firodia Group, today is a leading player in India’s Electric Vehicle sector, offering a wide range of electric vehicles, including electric three-wheelers, both cargo and passenger, and recently introduced electric two- wheelers under the Kinetic Green brand. For electric golf-carts and buggies, the company has formed a Joint Venture with the world’s leading luxury brand, Tonino Lamborghini of Italy. 

Spearheaded by third generation scion of the Firodia family, Ms. Sulajja Firodia Motwani, the company has successfully designed, manufactured, and cumulatively sold over 100,000 electric vehicles and achieved sales of around ?1000 Crores. 

The mission of Kinetic Green is to provide green mobility to the masses. Kinetic Green has had several firsts to its name, including being the first company to develop ARAI approved electric three-wheelers and the first to offer Lithium-ion battery technology in their electric three-wheelers in India.