Tag: #news

  • Startup Hub and Centre of Excellence in MP Proposed by Google Cloud

    Google Cloud has suggested creating a Startup Hub and Centre of Excellence in Madhya Pradesh, according to Chief Minister Dr. Mohan Yadav. The purpose of this initiative is to train locals to become tech professionals. Continuing on this positive trajectory, the Chief Minister also announced that proactive discussions have been started with Hindustan Aeronautics Limited, the esteemed maker of the Tejas fighter aircraft, regarding the establishment of a defense-related industry in Madhya Pradesh. This endeavour is expected to produce encouraging outcomes.

    Also, NVIDIA has proposed making Madhya Pradesh the “Intelligence Capital of India” by drawing up plans to promote the state.

    Promising investment ideas totalling around Rs 3,200 crore were received by the state of Madhya Pradesh during the Invest Madhya Pradesh interactive session that was held in Bengaluru. The investments are expected to boost the economy of Madhya Pradesh and provide approximately 7,000 new job opportunities.

    According to Chief Minister Dr. Yadav, the event was a huge financial success. While pointing out the similarities in the corporate landscapes of Madhya Pradesh and Karnataka, he emphasised the close fraternal relations between the two states.

    Trade, business, and industrial operators from the neighbouring state of Karnataka were encouraged to investigate expansion potential within Madhya Pradesh through the Invest Madhya Pradesh program organised in Karnataka. By working together, the state is demonstrating its dedication to promoting synergies across different regions and attracting investment through its advantageous position and laws that are attractive to investors.

    At the forthcoming Regional Industry Conclave in Gwalior on August 28, Chief Minister Dr. Yadav will make sure that the beneficial outcomes from the investment proposals received during the Bengaluru session are clearly shown. He explained that in order to entice investors to Madhya Pradesh, the state government had planned to travel to other states and meet with business owners and industry leaders face-to-face. Further, he hoped that the growing linkages between Madhya Pradesh and Karnataka will keep growing and strengthening, leading to better economic ties and synergies between the two regions.

    More Than 500 Big Players Likely to Invest in MP

    A statement from the Directorate of Public Relations, MP, states that talks between the state’s IT development and top IT companies like NASSCOM, Infosys, Cognizant, TCS, Happiest Minds, SAP, etc., as well as representatives from the space technology sector, are expected to produce positive outcomes. According to the statement, about 500 individuals from Karnataka and the neighbouring states took part in the programme that concluded recently.

    More than thirty prominent businesspeople, including representatives from Lapp India, Reliance Consumer, DHL Global, Tech Mahindra, Microsoft, Kaynes Technology, and Kirloskar Systems, met one-on-one to discuss the roadmap for future investment in the state.


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  • Bureau of Indian Standards Creates Ayush Standardisation Department

    Standardisation in the Ayush industry has been fostered by the Bureau of Indian Standards (BIS), which is the country’s national standards body. Since a specialised standardising section was set up by the Bureau, standardisation efforts in the field have been accelerated. Ayurveda, Yoga, Naturopathy, Unani, Siddha, Sowa-Rigpa, and Homoeopathy are all part of the traditional Indian medical systems that the new department is working to improve in terms of safety, effectiveness, and quality.

    “Under the leadership of renowned experts, the Ayush department at BIS has formed seven sectional committees, each addressing a specific Ayush system,” added Pramod Kumar Tiwari, Director General of BIS, while outlining the Ayush standardisation process and structure. In order to guarantee thorough, evidence-based standards that are in compliance with national and international criteria, these committees collaborate with a variety of stakeholders, such as specialists, professional organisations, regulatory agencies, and scientific and technical institutes.

    91 Standards Set by BIS Till Now

    So far, 91 standards have been created by BIS on a wide range of topics, including individual plants; Ayurvedic and Yoga terminology; Panchakarma tools; Yoga props; and procedures for detecting pesticide residues in herbs. The release of 80 indigenous Indian standards for traditional medicinal herbs has been a boon to the industry and consumers alike by promoting the safe and effective use of these plants. Better Ayurvedic healthcare is possible because to the first-ever national standards for Panchakarma equipment, which standardise both preventative and curative measures.

    As part of its efforts to promote sustainability, BIS has developed an indigenous Indian Standard for the “Cotton Yoga Mat,” which will assist local producers and manufacturers. Future areas of standardisation that have been highlighted by the department include yoga clothing, Siddha diagnostics, homeopathic remedies, terminology, and individual plants.

    Maintaining Consistent Quality is the Key

    “As more people turn to Traditional Healthcare Systems, the need for consistent quality, safety, and efficacy in Ayush products and services is imperative,” stated Vaidya Rajesh Kotecha, Secretary of Ayush, while expressing his appreciation for the measures taken by the BIS. BIS has demonstrated its dedication to this field by establishing this specialised department and developing essential standards, such as IS: 17873, which is referred to as the “Cotton Yoga Mat.” The advancement and development of traditional Indian medicine has reached a significant milestone with these events. The BIS is dedicated to promoting the acceptance and growth of Ayush systems on a national and international scale through the implementation of stringent standards and groundbreaking innovations.

    The necessity of establishing national and worldwide standards for Ayush systems has become an absolute necessity as a result of the globalisation of medicine and the growing prevalence of traditional medical practices. The Ministry of Ayush has been making efforts to establish a thriving quality ecosystem in order to ease trade and guarantee the supply of high-quality goods and services to consumers on a national as well as a global scale.


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  • The Rescue Federation® Resumes Operations with a Focus on Global Expansion

    The Company also Welcomed Dr. Nisha Barkordia as an Independent Director on Its Board.

    New Delhi (India), August 9: The Rescue Federation®, a subsidiary company of Amit Magare’s Innovation Private Limited, is pleased to announce the return of its medical services in India along with planned worldwide growth. This effort aims to improve cross-border service delivery and strengthen the network of medical experts.

    Since its inception in 2017, The Rescue Federation® has constantly set the standard for providing high-quality medical care and innovative solutions. The New Delhi-based company has active operations in a number of the nation’s largest cities, including Delhi, Mumbai, Bangalore, Hyderabad, Chennai, and Kolkata.

    The Rescue Federation® is the number one company for emergency transportation services in the Indian sub-continent and one of the fastest-growing brands in the world. It is an Indian company that serves both emergency and non-emergency situations, and it has been operating its services nationally and internationally since 2017. The company primarily focuses on emergency calls, providing Air, Train, and Ground ambulance services. It possesses a deep level of expertise in transferring patients across states and nations. For the past 1 year, the company was not in business, but now it is back in operation with the plan to expand globally, making the largest network of medical personnel over the country and abroad.

    The Rescue Federation® has also welcomed Dr. Nisha Barkordia as a new Independent Director to its board, bolstering its already formidable leadership. Dr. Barkordia is ideally positioned to lead the business into its next stage of expansion, bringing with her a lot of knowledge and distinguished experience in the medical field.

    The innovative founder of Amit Magare’s Innovation Private Limited, Dr. Amit Magre, expressed excitement about the developments, saying proudly, the successful registration of its brand as a trademark The Rescue Federation®.

    In a visionary statement, Dr. Amit Magre has articulated the organization’s goals for the next three years.

    The primary objectives include:

    • Global Expansion: Launching initiatives to expand operations internationally.
    • IPO on SME Board: Pursuing an Initial Public Offering (IPO) on the SME (Small and Medium Enterprises) board.
    • Affordable Medical Tourism: Introducing a medical tourism venture offering competitive pricing.

    These milestones underscore the Rescue Federation’s commitment to growth and innovation in the global market. Dr. Magre expressed confidence in achieving these targets, marking a significant stride towards the organization’s long-term strategic goals.

    About The Rescue Federation®:

    The Rescue Federation® is a Subsidiary company of Amit Magare’s Innovation Private Limited, which was established in 2017 and has its main office in Aurangabad Maharashtra, India. Through a connected network of highly qualified medical professionals, the organization is committed to improving the quality and accessibility of medical services globally.


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  • With Jio Finance, Indians May Now Enjoy a Cashless Experience in Paris

    On Tuesday, in conjunction with the Olympic Games in Paris, Jio Financial Services launched its JioFinance app worldwide. The corporation has made this smart decision to accommodate the large number of tourists, particularly those from India, who are visiting the city.

    Using the JioFinance app, customers may pay digitally at popular Parisian attractions. On the official website, Indian travelers can purchase tickets for the Eiffel Tower and also shop at the world-renowned Galeries Lafayette department store using it.

    India House, a Parisian tribute to Indian tradition and culture, was created by the Reliance Foundation in collaboration with the Indian Olympic Association; the firm has set up shop there as well. Here, guests may check out JioFinance’s app in action at an experience center the company has put up.

    VISA and JioFinance Joined Hands for This Initiative

    With the help of Visa, the official payment partner of the 2024 Paris Olympics, JioFinance plans to improve the digital banking experience for customers in India. The app’s main features include a digital bank account, easy bill pay and recharge, rewards, insurance broking, and a consolidated view of an individual’s holdings across all of their bank accounts. It also offers instant UPI payments and more.

    According to the filing, “We’re proud to announce the entry of the JioFinance app in the French capital, making it convenient for Indian travelers to transact digitally at key Parisian landmarks.”

    The Goal Behind Developing JioFinance

    An all-inclusive digital banking experience is what the JioFinance app aims to provide. “Our goal at JioFinance is to provide all Indians with a superior digital experience throughout their entire financial journey,” the business stated.

    According to an official statement released by the company, the application is designed to accommodate users with varying degrees of experience with financial technology, making it possible for them to effortlessly manage their finances at their fingertips.

    JioFInance provides several features, including instant UPI payments, a fully digital bank account, wallet services, bill payment and recharges, rewards, insurance broking, and a single-window view of an individual’s holdings across all of their bank accounts. 

    Other Ventures of JioFinance

    To provide wealth management and broking services in India, Jio Financial Services and BlackRock, a US-based firm, announced earlier this year that they have formed a 50:50 joint venture.

    Digital insurance for cars and two-wheelers, loans against mutual funds, and intentions to investigate property and security loans are some of JFS’s other recent offerings.

    Jio Financial Services’ net profit for the June quarter was INR 312.63 crore, up from INR 310.63 crore in the previous quarter. As compared to the same period last year and the quarter ending March 31, the company’s overall income for the quarter ending June 30 was INR 417.82 crore, up from INR 414.13 crore.


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  • A Crypto Investor Protection Fund of INR 50 Crore Has Been Established by CoinDCX

    The Crypto Investors Protection Fund (CIPF) has been established with an INR 50 crore allocation, according to the announcement made by the Indian cryptocurrency exchange CoinDCX.

    The business claims that in the exceedingly unlikely event of a security breach or other unfavorable occurrence, users will be compensated by the fund.

    As stated in the release, a governance framework has been established to guarantee effective administration and transparency about the CIPF’s credit and usage.

    Adding an Extra Layer of Security

    Sumit Gupta, one of the co-founders of CoinDCX, stated that the company places a high focus on privacy and safety.

    According to him, the company makes significant investments in “top-notch” security standards and adheres to stringent security measures to guarantee that the assets of our customers are safeguarded round-the-clock.

    “The assets under management at CoinDCX are diversified across multiple vaults ensuring an added layer of security,” he further explained.

    Wazirx’s Security Breach on the Backdrop

    A significant security data breach occurred at the Indian cryptocurrency exchange WazirX a few weeks ago, which led to the theft of around $235 million worth of cryptocurrency assets. This new development comes after the incident occurred.

    Subsequently, Cyfirma, which is based in the United States, discovered that the North Korean cyber outfit Lazarus outfit was responsible for this large crime.

    From that point forward, the organization has been making efforts to retrieve the stolen assets; nevertheless, they have not been successful up to this day. WazirX had intended to socialize losses among users, however, they ultimately decided to abandon this strategy after receiving a significant amount of criticism from clients and the cryptocurrency community.

    At this time, the company is looking for a capital injection and is collaborating with several authorities to retrieve a percentage of the funds that were lost by the clients.


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    Motivation Is the Key Driver for CIPF

    As a further comment on the reasons behind the establishment of the CIPF, Sumit stated, “In the extremely unlikely event of a security breach or an adverse event, this dedicated fund will provide an additional layer of protection, ensuring that our customers’ assets remain secure and intact regardless of the circumstances.” In addition to growing the size of the pool over time, we have committed to contributing 2% of the broking income to the corpus.

    “The size of the fund will continue to be monitored, and we will make sure that the balance is kept at a level that is sufficient to protect the assets of our users.” In addition, he stated that the CIPF will be the first of its kind and a crucial step towards establishing trust in the Indian cryptocurrency ecosystem over the long run.


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  • VAMA Joins Indian Government-Backed ONDC

    The ONDC (Open Network for Digital Commerce) Network, which is supported by the Indian government, now includes VAMA.app, a virtual platform that is changing the conventional offline Mandir ecology into a digital arena.

    By doing so, VAMA intends to broaden the scope of its app’s spiritual offerings, making them more accessible to a more extensive pool of users.

    Among the significant organizations that fall under the area of spiritual technology on the ONDC Network, VAMA.app is now included alongside the likes of ISKCON and Hari Bol.

    Plans to Cater to a Vast Audience Through This Partnership

    The Co-founder of VAMA.app, Manu Jain, made the following statement: “Our onboarding onto the ONDC Network symbolises our profound commitment to enriching spirituality and delivering transformative content directly to the hearts of our users.” With the broad reach that ONDC possesses, we are now able to welcome a large audience that is eager to cultivate a more profound connection with their spirituality. Because of this project, unprecedented access to spiritual counsel and live events will be made available to us, which will allow us to give a spiritual journey that is both more immersive and more profound.

    T. Koshy, the Managing Director and Chief Executive Officer of ONDC, emphasized the significance of the inclusion of VAMA.app in the network by stating, “The addition of VAMA.app onto the Network has demonstrated our open-for-all approach.” Our ultimate goal is to become a one-stop shop for all of the users’ day-to-day needs, making it possible for them to obtain services that cover everything from commercial to spiritual demands.

    The incorporation of spiritual services not only allows us to broaden the scope of our offerings but also helps to preserve and promote India’s cultural heritage in this age of digital technology. The availability of the VAMA.app on the ONDC Network would make it possible for devotees to connect with their faith seamlessly, overcoming both geographical geographical borders and time constraints. “This exemplifies our commitment to creating a digital marketplace that is truly inclusive and that caters to every aspect of Indian life,” Koshy added.

    Details of Expansion

    VAMA.app intends to provide services such as virtual pujas, temple darshans, rituals, and astrology to a more widespread customer base by utilizing the large network that ONDC possesses.

    In addition to enticing new customers who are interested in digital spiritual solutions, the migration is intended to make things more convenient for those who are already using the service.

    The firm was founded in the latter half of the year 2020 by Aacharya Dev, Himanshu Semwal, and Manu Jain. It asserts that it has partnerships with more than 250 temples and that it has a network of more than 300 astrologers.


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  • Digital Lending App Repository Proposed by RBI

    To combat the problem of unlicensed actors in the digital lending industry, the Reserve Bank of India (RBI) suggested the establishment of a public registry for digital lending applications (DLAs) during its third committee meeting every six months for FY24-25. More and more people are worried about predatory lending, and this program is an attempt to address those worries and strengthen consumer protection.

    Shaktikanta Das, governor of the Reserve Bank of India, emphasized that the proposed repository would provide a complete directory of digital lending applications run by firms approved by the RBI. These regulated businesses must submit and update their repository information regarding their digital lending applications regularly.

    According to Das, the repository would be regularly updated with new information submitted by organizations that are regulated. It involves replacing non-compliant or illegally operating digital lending apps with new ones that adhere to regulatory norms.

    Loan transactions must take place directly between borrowers and lenders, with terms disclosed clearly and transparently; this program is a part of the RBI’s larger digital lending standards. Strong procedures for resolving complaints and safeguarding borrower information are also highlighted in the guidelines.

    Simplifying the World of Online Loans

    A significant change in the lending environment has occurred in India, as customers have shifted from visiting bank branches to utilizing mobile phones to borrow money. This is due to the ongoing expansion of internet penetration in the country. Many Indians experienced financial difficulties as a result of banks cutting back on lending after the COVID-19 outbreak.

    Online loan apps have grown in popularity to address this need. These online loan marketplaces have mushroomed, providing loans fast (but frequently at exorbitant interest rates) and using aggressive collection tactics. The rules set out by the RBI are ignored by a large number of these apps.

    Addressing the Challenges Posed by Unauthorized Lending App

    In subsequent years, a multitude of reports were submitted against these lending applications, emphasizing a variety of consumer concerns. Aggressive practices, including high interest rates and aggressive debt collection measures, were reported by many users. Harassment by collection agents, inaccurate statements, and illegal deductions were among the complaints.

    In 2022, the Reserve Bank of India (RBI) and the federal government asked Google to impose tougher controls to stop the spread of unlicensed lending apps, in reaction to rising worries about these platforms. Google consequently eliminated 2,500 fake loan applications from the Play Store in December 2023.

    Meetings of the Financial Stability and Development Council, which were held in February of this year, also dealt with the matter. Nirmala Sitharaman, the minister of finance, and other high-ranking government officials met to address the problems caused by unlicensed lending applications.


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  • Income and Other Taxes Can Now Be Paid up to a Maximum of Rs 5 Lakh Through UPI

    The UPI limit for tax payments has been suggested to be raised from INR 1 lakh to INR 5 lakh by the Reserve Bank of India (RBI). The increase in the cap will allow taxpayers to swiftly settle their increased tax obligations. In most cases, there are no extra fees associated with payments made using UPI. This does not apply when paying taxes using a debit or credit card. There has been a prior instance of the RBI raising the cap. The central bank increased the ceiling on some payments, like those to hospitals and schools, to 5 lakh rupees in December 2023.

    There is a limit of up to INR 1 lakh per transaction for conventional UPI, according to NPCI. The maximum transaction limit for certain UPI categories is 2 lakh, while for IPOs and the Retail Direct Scheme, it is 5 lakh. Other categories include Capital Markets, Collections, Insurance, and Foreign Inward Remittances.

    The Statement on Development and Regulatory Policies states that UPI has become the most preferred payment method because of its user-friendly characteristics. At this time, INR 1 lakh is the maximum amount that may be transferred using UPI. Periodically, the Reserve Bank reviews and enhances the restrictions for a few categories based on the various use cases. These categories include capital markets, initial public offering subscriptions, loan collections, insurance, medical and educational services, and more. It has been determined to increase the ceiling for tax payments using UPI from INR 1 lakh to INR 5 lakh per transaction since both direct and indirect tax payments are frequent, high-value, and prevalent. “

    The Impact of the New Limit on People’s Ability to Pay Taxes

    During a fiscal year, a person must pay their income tax, property tax, advance tax, and other related taxes. Depending on one’s income, the tax amount can be higher. It will be easier to pay both direct and indirect taxes with the increased UPI limit.

    This is because a user needs an active bank account, a mobile number associated with that account, and an app that supports UPI in order to make a transaction using UPI. After creating a UPI ID, users can pay using the app by inputting a 4- or 6-digit PIN.

     Additional UPI Announcements

    Not only has the RBI announced the implementation of delegated payments via UPI, but they have also raised the UPI ceiling for tax payments to INR 5 lakh. Delegated UPI payments would enable one user to authorise another user to use their bank account to establish a restriction on UPI transactions, according to the release.

    Essentially, this means that one person can grant access to their bank account for UPI payments to another person, for example, a family member. It is believed that this product will increase the penetration and use of digital payments nationwide. Prompt and comprehensive instructions will be sent out soon.


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  • Nearly 50% of Investors Think Modi Govt 3.0 Will Benefit Startups

    Most investors in India’s startup scene are optimistic about the future as Prime Minister Narendra Modi’s National Democratic Alliance (NDA) forms the government for the third time in a row.

    According to a survey by a well-known media house, nearly half of the venture capitalists and angel investors surveyed think that the outcome of the Lok Sabha 2024 elections will boost investor confidence in India’s startup scene.

    Some 18% of participants are taking a wait-and-see approach to their investments after the elections, while 32% think the elections will have no effect on market sentiment. Only 4% of investors expressed the opinion that sector-specific measures will be implemented as a result of the elections.

    Reactions From Investors

    Sharing his views on the development, Karna D Shinde, Strategic Investor and Advisor stated, “The Modi government’s visionary approach towards nurturing India’s startup ecosystem has sparked a new era of innovation and opportunity. Through initiatives like Startup India and Digital India, the administration has simplified regulatory frameworks, enhanced funding avenues, and fostered an environment where creativity and entrepreneurship can thrive. By establishing incubation centres, promoting skill development, and easing tax burdens, the government has made significant strides in transforming India into a global startup hub.”

    “The focus on digital connectivity and international collaborations further underscores the commitment to integrating India’s startup landscape with global standards. Such holistic and structured support from the government has instilled confidence among investors, catalyzing the growth of innovative enterprises across the nation. The convergence of policy support, infrastructure development, and a renewed entrepreneurial spirit is creating an ecosystem where startups are not only surviving but thriving. This optimism is not just about the present government’s initiatives, but about the long-term vision of positioning India at the forefront of global innovation. With these foundational efforts, the future of India’s startup ecosystem looks promising, driving economic growth, and creating millions of jobs, thereby contributing to a resilient and self-reliant economy,” he added further.

    Marking some of the initiatives of the present government, Mahankali Srinivas Rao (MSR), CEO, T-Hub said, “The abolition of the Angel Tax for all classes of investors is a pivotal move that will create a more supportive environment for angel investments, ultimately benefiting startups and paving the way for India to become a global innovation hub. The establishment of an INR 1,000 crore venture capital fund dedicated to boosting the space sector is another forward-thinking initiative. Moreover, the introduction of the Anusandhan National Research Fund and a financing pool of INR 1 lakh crore to spur private sector-driven research and innovation is a game-changer. At T-Hub, we are excited about these developments and the positive impact they will have on our vibrant startup ecosystem. These initiatives will provide startups with the necessary resources and support to thrive, innovate, and contribute significantly to India’s economic growth and technological advancement.”

    Reactions From Startup Sector

     Amit Bansal, Founder, BharatLoan has put his views forward and commented, “We are thrilled by the optimism among investors regarding the Modi government’s efforts to bolster the Indian startup ecosystem. This positive sentiment is a testament to the government’s progressive policies and initiatives aimed at fostering innovation and entrepreneurship. A robust startup ecosystem not only drives economic growth but also creates job opportunities and encourages technological advancements. Such a dynamic environment is essential for nurturing the next generation of innovators and entrepreneurs.”

    Gaurav Bhagat, Founder, of Gaurav Bhagat Academy also shared positive feedback, he said, “Certainly, investors are feeling optimistic. One major victory for startups was the abolition of the angel tax, which had been a top demand. Additionally, key policy decisions like the creation of an INR 1,000 crore venture capital (VC) fund and the reduction of TDS on e-commerce transactions from 1% to 0.1% highlight the government’s strong support for startups.”


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  • Small Town Dreams, Big Energy Goals: The Luxsun Energy Success Story

    Bhopal (Madhya Pradesh) [India] August 8: In the small town of Satna, a young boy named Yash R Gautam faced disappointment when he failed his High School exams. But Yash did not let this setback stop him. Instead, it fueled his determination to forge his own path and make a real difference.

    Yash became interested in renewable energy while in college. As his friends pursued job offers, Yash turned them down. He had a vision to upgrade the way energy is produced. With like-minded friends, Yash started his own company in Renewables.  

    The early days were challenging. LXN, founded by Yash R Gautam and, his co-founders, is revolutionising how electricity is used. The journey began in 2021 and was filled with many challenges. Yet, Yash and his team’s determination never wavered.

    Today, they serve over 15,000 customers, saving 1,240 MWh of electricity and reducing carbon emissions by 1,179 tons. “Our mission is to optimise your energy usage without any effort on your part. By leveraging Al and machine learning, we ensure you save on energy costs and reduce your carbon footprint,” 

    Luxsun’s business model caters to both businesses and households. Also, their real-time tracking and control systems make energy management intuitive and accessible.

    Let’s make energy efficiency a norm. Together, we can create a sustainable world.

    We had so many doubts at first, Yash recalled. “Could we really succeed in spreading awareness of solar energy? But we kept pushing forward. When we secured our first client, it felt like a huge victory for the whole team. Completing that first project motivated us to keep growing our company.”

    And then there was no looking back for the team – once a fledgling startup, Luxsun Energy has now turned into a big name – a major force in India’s renewable energy sector. With each successful project, their reputation grew stronger.

    Today, Luxsun Energy earns over ₹10 crores in revenue. It has expanded across many states in India. 

    “Making Luxsun Energy an iconic Indian brand requires total commitment to innovation, sustainability, and customer satisfaction,” said Yash. “We use cutting-edge technology, build strong industry partnerships, and never compromise on excellence. Our goal is to redefine the energy landscape for a brighter, greener future.”

    At the heart of Luxsun’s success is delivering real value to customers. They use India’s highest-rated solar panels for unbeatable performance. Their swift 10-hour installation process reduces disruption. And their unique mounting designs optimise energy production while looking great.

    But Luxsun has a larger mission – inspiring India to transition to net-zero carbon emissions through renewable energy sources. They want to spark a nationwide movement of people embracing cleaner power and creating a healthier planet for future generations.

    Yash’s journey from failing high school to becoming a renewable energy entrepreneur is incredibly inspiring. Through tremendous perseverance and belief in sustainable solutions, he built a thriving business with real social impact.

    As India works towards its renewable energy goals and tackles climate change, Luxsun Energy is leading the way. They are pioneering a future powered by the sun’s boundless energy.


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