ABB enhances portfolio of high-speed industrial robots with Codian acquisition; Strategic buy builds on industry-leading logistics portfolio. ABB has acquired Codian Robotics B.V., a leading provider of delta robots, located in the Netherlands, which are used primarily for high-precision pick and place applications. With the transaction, ABB is accelerating its engagement in the growing field of delta robots. “Our acquisition underscores our focus on breakthrough technology, helping our cust

RNIL announces winners for 1st Inter-College InnovationChallenge, IC2 in Infra, Rail and Agri Tech.


Rajan Nanda Innovation Lab (RNIL), an initiative of Escorts Ltd., has selectedfive start-ups in rail-tech, infra-tech, and agri-tech through itsInter-College Innovation Challenge IC2 to fund, incubate and mentor. Allselected concepts would receive a seed funding from Escorts. Partial andlimited financial assistance would also be provided to nine other ideas forbuilding of prototypes or testing and validating existing prototypes.

The Inter-College Innovation Challenge was launched in February 2020with an aim to identify and nurture unique and innovative ideas in smart construction,rail safety, and agriculture mechanization. The innovation challenge was opento college students and young start-up fraternity, and saw participation fromIndian and international institutions as well as students and alumni of premierengineering and management institutions.

The jury, comprising a multi-disciplinary leadership team fromEscorts, selected ideas that included start-up ideas for AI and IoT-basedapplications in telematics and sensors technologies for smart construction andinfrastructure practices, AI-based rail transport safety technology, and agriculturefor farm productivity.

The Infra-tech based focus invited ideas on Smart constructiontechnology, Automotive Design and Ergonomics. In the Rail-Tech space, studentstart-ups were invited to pitch ideas for Smart Railway innovation incommunication, comfort and safety.


NEWS ----------SEPTEMBER 2018 Issue
Cygni Energy raises $6.4 Mn to power growth & expansion

Hyderabad-based Cygni Energy Pvt. Ltd., an innovative Solar-DC solutions start-up, has announced that it has raised funds of $6.4-mn through a combination of equity and debt. The equity funding is led by Endiya Partners, a leading early stage venture capital firm that invests in product start-ups, and the debt by IndusInd B   READ MORE...
Cosmos Solutions receives US$950-mn for new eco-friendly energy product
Cosmos Solutions Pvt. Ltd.’s patented new technology to generate more power from engines using micro controllers received a major green signal with a private equity of US$950-million from Linetrust Offshore Ltd. The Head of private equity of Linetrust ASEAN, Dr. Sailesh Lachu Hiranandani, who has spared no effort in promoting the development of renewable energy, assured Cosmos   READ MORE...
Black & Veatch bags IEDCL’s 41MW hybrid project
Black & Veatch has been selected to provide engineering expertise to IL&FS Energy Development Company Limited’s (IEDCL) 41 megawatt (MW) solar photovoltaic (PV), wind, and battery storage hybrid project in India. Core components of the project are 25 MW solar PV and 16 MW wind power generation systems, coupled to an optimised energy storage system.

Technical services for the