Clean tech Startup 'Yotuh Energy' gains Rs.1.53 crore from Campus Angels Network
Yotuh Energy, a clean technology startup that specializes in electrifying vehicle refrigeration systems for mid-mile and last-mile cold chain logistics, has raised Rs.1.53 crore rupees in a funding round led by Campus Angels Network.
Yotuh Energy was incubated at IIT-Madras. Yotuh Energy 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 when it was founded in 2022 by IIT Delhi alumni Vivek Mahindrakar, Shaivee Malik, and Dharmik Bapodara. The electric active refrigeration system made by Yotuh Energy makes use of a proprietary adaptive control technology and is powered by a Lithium-Ion battery.
It works independently of the main engine of the vehicle. Small commercial vehicles and commercial electric vehicles can now be used for cold chain logistics, which aids in the transportation of perishables within cities. Yotuh Energy's product development, testing, operations, and team expansion will all benefit from the investment. The funds will specifically be used to improve their proprietary adaptive control technology, reduce operational costs, eliminate fuel use, and encourage the industry to adopt greener and more energy-efficient practices.
Expressing to this, Dharmik Bapodara, Co-Founder, Yotuh Energy says, “Our goal is to make cold chain logistics more accessible, affordable, and sustainable, steering us towards a future driven by innovation and advanced technologies in refrigeration system”.
As an advisor to Yotuh Energy Vinod Dasari, Former Managing Director of Ashok Leyland and Ex-CEO of Royal Enfield. Dasari states, “Yotuh Energy’s pioneering electric refrigeration technology represents a major advancement in cold chain logistics. Their focus on sustainability and efficiency is exactly what the industry needs to move forward, and I am excited to see how their solutions will transform the market.”
Yotuh Energy was incubated at IIT-Madras. Yotuh Energy 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 when it was founded in 2022 by IIT Delhi alumni Vivek Mahindrakar, Shaivee Malik, and Dharmik Bapodara. The electric active refrigeration system made by Yotuh Energy makes use of a proprietary adaptive control technology and is powered by a Lithium-Ion battery.
It works independently of the main engine of the vehicle. Small commercial vehicles and commercial electric vehicles can now be used for cold chain logistics, which aids in the transportation of perishables within cities. Yotuh Energy's product development, testing, operations, and team expansion will all benefit from the investment. The funds will specifically be used to improve their proprietary adaptive control technology, reduce operational costs, eliminate fuel use, and encourage the industry to adopt greener and more energy-efficient practices.
Expressing to this, Dharmik Bapodara, Co-Founder, Yotuh Energy says, “Our goal is to make cold chain logistics more accessible, affordable, and sustainable, steering us towards a future driven by innovation and advanced technologies in refrigeration system”.
As an advisor to Yotuh Energy Vinod Dasari, Former Managing Director of Ashok Leyland and Ex-CEO of Royal Enfield. Dasari states, “Yotuh Energy’s pioneering electric refrigeration technology represents a major advancement in cold chain logistics. Their focus on sustainability and efficiency is exactly what the industry needs to move forward, and I am excited to see how their solutions will transform the market.”