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Solar startup QuantE Energy raises $500K in Seed round

EntrackrEntrackr · 6d ago
Solar startup QuantE Energy raises $500K in Seed round
Medial

Solar startup QuantE Energy raises $500K in Seed round Solar startup QuantE Energy has raised $500K in a seed funding round led by Trillion Dollar Venture (TDV) Partners, an early-stage VC, alongside participation from marquee angel investors including Raghunandan G, Park+ founder Amit Lakhotia, Ankit Gupta, and Hari Krishnan Nair. The Noida-based company has also raised an undisclosed amount in debt and related instruments. The proceeds will be utilized to democratize access to clean, affordable, and smart energy for the residential sector, especially housing societies in Indian metros and beyond, QuantE said in a press release. Co-founded in 2024 by Akshat Khare and Ankush Vashisht, QuantE addresses the hassles of upfront costs, poor servicing, limited awareness, and inconsistent project quality by deploying AI and IoT-powered solutions along with innovative financial models. The company's platform combines advanced technology with innovative financing models to target India's untapped $25 billion distributed solar opportunity. "The solar industry has grown rapidly in large urban projects, but there’s still a huge gap in serving the residential segment and societies. These customers face real barriers—high upfront costs and poor service and quality. We’re using technology to remove these barriers and make solar adoption easier,” said Akshat Khare, co-founder of QuantE Energy. The startup states that it has already deployed successful pilot projects for 13 societies across Mumbai, Pune, and Delhi NCR with its cloud-based platform and AI-driven diagnostics showing promising early results. The investment comes at a crucial time as India's B2B solar market grows at 15-17% CAGR and the B2B2C segment expands at 18-20% CAGR through 2028. With government policies like PM-KUSUM and increasing corporate ESG commitments driving adoption, QuantE is positioned to capture significant market share in the fragmented distributed solar segment.

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GenAI startup Origamis AI raises $500K in seed round

EntrackrEntrackr · 7m ago
GenAI startup Origamis AI raises $500K in seed round
Medial

Snippets GenAI startup Origamis AI raises $500K in seed round GenAI startup Origamis AI has raised $500K in a seed funding round co-led by Vikas Gautam and Naveen Agarwal. The proceeds will be used to accelerate the development of the orchestration platform and take the platform and agents to the global market, Origamis said in a press release. Co-founded by Manas Agrawal, Ankit Agrawal, and Alexander George, Origamis AI offers a platform that orchestrates Generative AI (GenAI) components to build scalable enterprise applications. The startup aims to advance its mission of providing accessible, reliable, and transformative GenAI solutions. The Bengaluru-based company addresses the growing enterprise need for secure, compliant, and cost-effective AI. By combining robust data protection, risk mitigation, and fairness frameworks, it helps businesses confidently deploy AI while minimizing risks. Origamis AI offers pre-built agents that deliver immediate results across industries. Pic Agent streamlines visual search and automated meta-tagging in fashion, while Docu Agent simplifies document-based productivity for sectors like healthcare and finance. Data Agent enables natural language interactions with databases, opening opportunities for data-driven decision-making. The platform combines these specialized tools with its foundational platform, helping enterprises and SMEs boost operational efficiency, enhance workforce productivity, and unlock new sources of customer value. According to Origamis AI, its pre-built GenAI agents are designed to eliminate domain-specific challenges in industries such as fashion, BFSI, commerce, healthcare, and trading. These AI agents deliver immediate impact by automating tasks, optimizing workflows, and generating actionable insights.

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