Yotuh Energy Private Limited, an innovative cleantech startup specialising in electrifying vehicle refrigeration systems for mid-mile and last-mile cold chain logistics, incubated at the IIT Madras Incubation Cell, has successfully closed a ₹1.53 crore funding round led by Campus Angels Network.
This investment will support Yotuh Energy’s product development, testing, operations, and team expansion to accelerate their vision of transforming cold chain logistics. By pioneering electric refrigeration systems, this funding will enhance their proprietary adaptive control technology, eliminate fuel usage, reduce operational expenses, and drive the industry towards greener and more efficient practices.
Yotuh Energy was founded in 2022 by IIT Delhi alumni, Vivek Mahindrakar, Shaivee Malik, and Dharmik Bapodara, with a vision to build sustainable technologies in India. The company has received grants and awards from the Ministry of Agriculture, DST, MeitY, Acumen, ACIR (US Embassy to India), IIT Madras Incubation Cell, and Daimler India Commercial Vehicles.
Tags: Cold chain Logistics, IIT Madras, Yotuh Energy
Recent Posts
The Liberian Registry and Korean Register (KR) grant AiP to Samsung
To satisfy decarbonization targets, Big Oil invests billions in the manufacture of biofuel
ISO issues standards for methanol as a marine fuel
Amazon, partners to test electric trucks on a freight corridor in India
Hutchison Ports BEST receives Lean and Green award for outstanding emissions reduction
India ranks 10th in list of 60 countries assessed for efforts to fight climate change: Report
SECI to collaborate with H2Global for green hydrogen
Maersk completes first large container vessel conversion to dual-fuel