Jaipur, April 17, 2025: The CII Indian Green Building Council (IGBC), successfully hosted the Green Rajasthan Summit 2025 in Jaipur, under the overarching theme “Green Innovations for a Thriving Rajasthan.” The summit served as a strategic platform that brought together policymakers, industry leaders, urban planners, and sustainability professionals to deliberate on actionable pathways for environmentally responsible growth in Rajasthan. It fostered meaningful dialogue around innovative solutions, policy interventions, and collaborative efforts required to steer the state toward a greener future.

As Rajasthan continues to witness rapid urbanization and infrastructure development, the summit highlighted the pressing need to embed sustainability into every stage of growth. From planning to execution, the emphasis was placed on adopting practices that preserve ecological balance, optimize resource use, and build long-term resilience against environmental challenges.

The inaugural session was graced by Shri Jhabar Singh Kharra, State Minister (Independent Charge) Urban Development & Housing Department, Government of Rajasthan; along with Shri Vaibhav Galriya, IAS, Principal Secretary, Urban Development & Housing Department, Government of Rajasthan; Mr Dhirendra Madan Chairman, IGBC Jaipur Chapter; Mr. Sunil Jain, Co Chairman, IGBC Jaipur Chapter; Mr M Anand, Deputy Executive Director, CII-IGBC; and IGBC members.

Shri Jhabar Singh Kharra, Minister (Independent Charge), Urban Development & Housing, Government of Rajasthan reiterated the government’s proactive stance on sustainable urban planning. He said, “I would like to thank IGBC for organizing the Green Rajasthan Summit and bringing together key stakeholders to advance sustainable development in our state. The Government of Rajasthan is committed to promote green buildings and continuing to offer policies and support the developers with incentives. I think it is important we look back to our ancestral wisdom, which integrated nature with architecture, using local and natural materials that were climate responsive and resource efficient. Water, one of our most critical resources, should be conserved and we must adopt measures that saves every drop. I would humbly request all stakeholders to join the Green Building Movement and work together for a low-carbon, resilient, and greener Rajasthan.”

Shri Vaibhav Galriya, IAS, Principal Secretary, Urban Development & Housing Department, Government of Rajasthan delivered the Special Address. He said, “The Department of Urban Development & Housing is actively supporting the green building movement by offering incentives that encourage sustainable development across Rajasthan. To fully realize the benefits of this green transition, we need capacity building—both within the government departments and among the developer community. The Government of Rajasthan is working towards aligning our upcoming building bylaws keeping sustainable parameters and our state’s citizen wellbeing. I request innovators, professionals, and stakeholders to come forward with green and practical solutions while raising awareness also drive implementations to mitigate the effects of climate change and shape a resilient built environment.”

The Government of Rajasthan is actively promoting sustainable construction through a series of incentives aimed at encouraging IGBC-rated green buildings. The Urban Development Department offers additional Built-up Area Ratio (BAR) free of charge for projects certified by the Indian Green Building Council (IGBC): 0.075 BAR for Silver-rated, 0.10 BAR for Gold-rated, and 0.15 BAR for Platinum-rated developments. This initiative is designed to reward environmentally responsible design and construction, helping developers make more efficient use of their land while contributing to a greener urban landscape.

Mr. Dhirendra Madan, Chairman, IGBC Jaipur Chapter & CMD, Mahima Real Estate Pvt. Ltd., highlighting IGBC’s commitment to fostering green ecosystems through stakeholder collaboration and innovation said “The Green Rajasthan Summit marks a significant milestone in our journey toward building a greener, healthier, and more sustainable Rajasthan. At IGBC, we are proud to work alongside government bodies, industry leaders, and local communities to accelerate the state’s transition to a low-carbon future. Through our green building rating systems, capacity-building programs, and collaborative initiatives, we aim to foster sustainable development across urban and rural landscapes. Together, let us reimagine Rajasthan as a beacon of green growth and climate resilience for the nation.”

The summit’s first panel discussion, titled “Unlocking Rajasthan’s Green Potential: Policy & Regulatory Pathways,” brought together senior government officials and sectoral experts to examine the current regulatory landscape and propose reforms to accelerate green growth. Panelists explored themes such as sustainable urban governance, resource efficiency, community participation, and financial incentives. Experts from the CREDAI Rajasthan, ASHRAE, Mahindra SEZ, and Northwestern Railway shared practical insights and discussed opportunities for scaling green initiatives across both public and private sectors.

The technical session, “Green Building Technologies: Innovations & Solutions for Rajasthan,” focused on state-specific sustainable construction practices. Key industry stakeholders highlighted next-generation technologies aimed at reducing carbon footprints, improving building performance, and optimizing operational costs. Insights from Saint-Gobain, Panache Greentech, and JK Cement covered advancements in building materials, urban heat island mitigation, and eco-friendly coatings. The session demonstrated how innovation in design and materials can align economic development with environmental stewardship.

A second panel discussion, “Building Resilience – Water, Energy, and Waste Management Strategies,” addressed the urgency of climate adaptation in Rajasthan. Experts examined integrated solutions for water conservation, renewable energy deployment, smart waste management, and capacity building. Panelists included representatives from IIID Jaipur Chapter, Indian Plumbing Association, TODAR, MNIT Jaipur, and De Calorie Energy. The discussion reinforced the importance of systems thinking, technological integration, and public-private collaboration in addressing the challenges of water scarcity, extreme heat, and solid waste accumulation.

The Green Rajasthan Summit 2025 concluded with a collective commitment to accelerate the transition towards a greener, low-carbon future. The Indian Green Building Council reaffirmed its dedication to supporting Rajasthan’s urban transformation through knowledge sharing, policy advocacy, and project facilitation. With strategic investments in green technologies, supportive governance frameworks, and active stakeholder engagement, Rajasthan is well-positioned to emerge as a leader in sustainable urban development in India.

Chennai, India – April 17, 2025 – ZF Commercial Vehicle Solutions, a division of ZF Group and a leader in mobility solutions, recently secured a multi-year business nomination from one of India’s leading CV OEMs for the supply of its AxTrax 2 Electric Axles. This significant deal marks a critical milestone in the country’s shift towards electric mobility. This also underlines ZF’s commitment to electric and sustainable solutions for the future of mobility.

ZF will supply its AxTrax 2, an integrated and modular electric axle for medium duty buses, providing a more efficient, high-performance solution. The contract covers a supply of several thousand units over multiple years, further deepening the presence of ZF CVS in India’s commercial vehicle electrification sector.

Innovative Technology for Future Mobility

Building on ZF’s powertrain, e-mobility and CV experience, the AxTrax 2 electric axle is designed to replace the engine, transmission and conventional axle to electrify a commercial vehicle. Part of ZF’s modular e-mobility kit, the AxTrax 2 integrates in-house developed components into an innovative axle-based solution that is highly efficient, compact and lightweight in design. Furthermore, the minimized space requirements enable OEMs to reimagine the design of CV platforms.

Pioneering the Future of Commercial Vehicle Electrification

With this strategic business nomination, ZF’s commercial vehicles division in India further cements its market leadership in electric mobility by pioneering technologies that set new benchmarks in performance and sustainability.

Akash Passey, President ZF Group in India noted, “ZF Group has an established presence in India’s commercial vehicle sector, consistently leading the charge in pioneering advanced technology solutions that enhance safety, efficiency, and sustainability in mobility. This business nomination highlights our pivotal role in delivering innovative mobility solutions tailored to meet the evolving needs of our OEM partners.”.

In announcing this strategic achievement, P Kaniappan, Sr. Vice President – CVS Division (India), ZF Group, stated, “AxTrax 2 represents evolution of our journey towards market leadership and sustainability for the next generation of mobility in India. This milestone reinforces ZF Group’s position as the industry leader in e-mobility while delivering significant advancements for both our customers and the Indian market.”

Commitment to Sustainable Innovation

As India’s No. 1 supplier of driveline and transmission systems, ZF knows the market requirements for eCVs.  ZF’s broadest range of commercial vehicle solutions in domains like Automated Driving, Electric Mobility, Shared Transportation and Digitalization technologies.

ZF Group in India partners with customers to introduce integrated and innovative solutions that positively impact the commercial vehicle’s lifecycle, from cradle to grave.

mobility. This also underlines ZF’s commitment to electric and sustainable solutions for the future of mobility.

ZF will supply its AxTrax 2, an integrated and modular electric axle for medium duty buses, providing a more efficient, high-performance solution. The contract covers a supply of several thousand units over multiple years, further deepening the presence of ZF CVS in India’s commercial vehicle electrification sector.

Innovative Technology for Future Mobility

Building on ZF’s powertrain, e-mobility and CV experience, the AxTrax 2 electric axle is designed to replace the engine, transmission and conventional axle to electrify a commercial vehicle. Part of ZF’s modular e-mobility kit, the AxTrax 2 integrates in-house developed components into an innovative axle-based solution that is highly efficient, compact and lightweight in design. Furthermore, the minimized space requirements enable OEMs to reimagine the design of CV platforms.

Pioneering the Future of Commercial Vehicle Electrification

With this strategic business nomination, ZF’s commercial vehicles division in India further cements its market leadership in electric mobility by pioneering technologies that set new benchmarks in performance and sustainability.

Akash Passey, President ZF Group in India noted, “ZF Group has an established presence in India’s commercial vehicle sector, consistently leading the charge in pioneering advanced technology solutions that enhance safety, efficiency, and sustainability in mobility. This business nomination highlights our pivotal role in delivering innovative mobility solutions tailored to meet the evolving needs of our OEM partners.”.

In announcing this strategic achievement, P Kaniappan, Sr. Vice President – CVS Division (India), ZF Group, stated, “AxTrax 2 represents evolution of our journey towards market leadership and sustainability for the next generation of mobility in India. This milestone reinforces ZF Group’s position as the industry leader in e-mobility while delivering significant advancements for both our customers and the Indian market.”

Commitment to Sustainable Innovation

As India’s No. 1 supplier of driveline and transmission systems, ZF knows the market requirements for eCVs.  ZF’s broadest range of commercial vehicle solutions in domains like Automated Driving, Electric Mobility, Shared Transportation and Digitalization technologies.

ZF Group in India partners with customers to introduce integrated and innovative solutions that positively impact the commercial vehicle’s lifecycle, from cradle to grave.

New Delhi, April 18, 2025 – Litmus World, a leading enterprise SaaS platform, and RepUp, a Gurgaon-based AI-driven CX platform have signed a binding agreement to merge and unify their business operations, creating an AI-native Customer Experience (CX) platform for enterprises. This strategic merger combines the complementary strengths of both companies to deliver an integrated, data-driven solution that empowers businesses to transform stakeholder experiences through advanced AI automation and actionable insights.

The combined entity will operate under the Litmus World brand and will leverage advanced AI, Natural Language Processing (NLP), and automation to enhance customer engagement and sentiment analysis.

“Our vision is to redefine enterprise CX by leveraging AI and automation to create intelligent, proactive, and personalized interactions, By joining forces with RepUp, we are combining deep domain expertise with cutting-edge AI capabilities to build a truly transformative platform that addresses the evolving needs of modern enterprises.” said Sandip Sen, CEO at Litmus World.

“This merger marks a defining moment for enterprise CX transformation, By integrating with LitmusWorld, we are uniquely positioned to expand our AI-native social listening capabilities to enterprises across key sectors enabling them to deliver exceptional experiences at every touchpoint” said Pranjal Prashar, Founder at RepUp.

The new unified platform will enable enterprises to unlock deeper customer insights, optimize engagement strategies, and drive customer-centric transformations at scale. As enterprises increasingly prioritize customer-centricity as a competitive differentiator, this merger represents a significant milestone in advancing AI-driven CX solutions.

The completion of the merger is subject to necessary regulatory approvals, including sanction from the National Company Law Tribunal (NCLT). Until approval, both companies will align and intend to unify operations.

The merger brings together Litmus World’s robust enterprise SaaS platform with RepUp’s cutting-edge expertise in AI-powered reputation management, customer analytics, and omnichannel engagement, resulting in a unified solution designed to elevate customer experience and brand reputation. The integrated platform will empower businesses with real-time AI-powered sentiment analysis and predictive insights, intelligent response automation and engagement orchestration, seamless integration with enterprise CRM and marketing automation systems, and proactive reputation management with advanced social listening capabilities.

India, 17th April 2025, Navyug Global Ventures, the investment platform founded by serial investor Nikhil Chandan, has announced a strategic investment of INR 160 Million and another INR 100 Million in the first quarter FY 25-26 in Shrinithi Capital Private Limited, a Chennai-based NBFC focused on commercial vehicle finance and EV Segment. With this new investment, Shrinithi Capital Private Limited will accelerate its efforts in expanding financial access, deepening its presence in underserved regions, and driving impact-driven lending initiatives.

Shrinithi Capital, with its 50 plus branches and 600 plus on-field manpower, has been enabling access to credit for rural entrepreneurs, commercial fleet operators, and small business owners in the Used Vehicle Auto Segment through its grassroots network and sector-specific financial products. The new funding will support its geographic expansion, tech-driven lending models, and targeted financing for electric mobility. Known for backing high-impact, future-forward enterprises, Nikhil Chandan has built a track record of identifying early-stage financial and clean-tech opportunities that drive both economic and social outcomes. This latest investment into Shrinithi Capital reinforces Navyug’s commitment to fostering inclusive, sustainable growth in India’s lending ecosystem.

Commenting on the investment, Mr Nikhil Chandan, MD & CEO of Navyug Global Ventures, said “We back teams that understand the ground realities and build for scale. Shrinithi Capital stood out not just for its numbers but for its mission. Their disciplined approach to rural lending and growing focus on EV finance reflects where the future is headed. This investment, much like our earlier bet on Taxi’na in the shared mobility space, reinforces our commitment to backing sunrise segments that blend innovation, inclusion, and long-term sustainability. We’re excited to partner with them at this pivotal stage and contribute to a more financially inclusive India.”

Mr Sellamani Srinivasan, CEO & Director- Shrinithi Capital said  “From our first discussions with Nikhil and the team at Navyug, it was clear that this partnership extends far beyond capital. Navyug brings a wealth of experience and strategic synergies that will help Shrinithi Capital scale efficiently. This collaboration will empower us to penetrate deeper markets, access technology, and acquire new business in Green Mobility, Ride hailing Auto & Taxis, and other new markets.”

New Delhi, 17^th April 2025: Statiq, India’s largest EV charging network, has rolled out an ambitious city-level marketing campaign across Chandigarh, Kerala, and Bengaluru to boost local awareness, drive app adoption, and reinforce its leadership as the most accessible and trusted EV charging solution in the country. This hyperlocal initiative marks a significant step in Statiq’s mission to accelerate India’s transition to sustainable mobility, taking the EV conversation closer to people’s homes, streets, and neighborhoods.

With a growing network of over 8000 chargers, Statiq is powering India’s evolving EV ecosystem by enabling seamless charging access through its app and infrastructure. Through this campaign, the company is focusing on deeper city-level engagement—blending on-ground activations, regional influencer collaborations, high-impact OOH, digital promotions, and print and radio outreach to reach EV users in a meaningful, localized way.

Speaking on the campaign, Mr. Akshit Bansal, Founder & CEO, Statiq, said: “EV adoption in India is no longer restricted to Tier-1 metros. Real change is happening at the hyperlocal level—in residential neighborhoods, on highways, and in community hubs. With this campaign, we want to build lasting relationships with our users by being visible, trustworthy, and accessible at every touchpoint. Chandigarh, Kerala, and Bengaluru are just the beginning—we’re excited to take this momentum to more cities in the coming months.”

Each of the three campaign cities has been chosen for its emerging EV user base and growing infrastructure. In Kerala and Bengaluru alone, Statiq’s public charger footprint has already surpassed 400 and 600 chargers, respectively. These numbers are being brought to the forefront of local storytelling, combined with the promotion of city-specific offers through the app installs and promo codes such as KRL200, CHD150, and BLR100—designed to incentivize first-time downloads and usage. The campaign also includes real-time digital advertising on platforms like Meta and Google, complemented by WhatsApp broadcasts and push notifications targeted at lapsed users.

Trust-building and local relevance are at the heart of this campaign. Statiq is partnering with regional influencers to share EV stories in local languages, contextualized to the daily lives and mobility patterns of each city. Radio and newspaper collaborations are also helping reach non-digital audiences, particularly older users and potential EV adopters who may be new to charging networks.

Additionally, on-ground activations include community events and promotional stalls to showcase Statiq’s charging ease and app features. New users are being offered instant wallet credits and cashback promotions to encourage trial and repeat use, while the app itself continues to serve as a one-stop platform to access multiple public and partner charging networks.

By combining tech innovation, local storytelling, and user-centric incentives, Statiq is not only promoting EV adoption but also creating a sense of familiarity and confidence in India’s green mobility journey. The campaign aims to set a benchmark for how EV infrastructure brands can connect with users on the ground—where the real shift toward electric begins. Statiq has been proactively addressing the challenges around EV charging through similar initiatives. It had recently launched the ‘One Country, One App, All EV Chargers’ campaign—bringing charging stations from multiple networks onto a single platform to create a seamless experience for all EV users.

Bangalore – ParamNetwork today announced the global launch of ⦃param⦄ ai/studio, India’s first enterprise-grade Agentic AI platform designed to meet the complex requirements of modern enterprises. Developed entirely in India, ai/studio allows organizations to build, deploy, and manage sophisticated Agentic AI workflows with enterprise-level security, governance, and scalability.

Mr. Vaideeswaran Sethuraman, Founder of ParamNetworks 

Unlike platforms that evolved from consumer applications and were later repurposed for business use, ai/studio has been engineered from the ground up with a distributed architecture that includes redundancy, advanced security controls, and full-spectrum governance. The platform is built to integrate seamlessly into existing enterprise environments.

“Enterprise AI adoption requires more than just powerful algorithms—it demands reliability, explainability, and alignment with existing architecture,” said Vaideeswaran Sethuraman, Founder of ParamNetwork. “Our ai/studio addresses these needs through a composable system built to work across enterprise tools, workflows, and compliance frameworks.”

The platform is powered by three proprietary technologies developed by ParamNetwork: L⚡RAG, a next-generation retrieval augmented generation engine that processes structured, semi-structured, and unstructured data for faster and more accurate insights. Quantum Minds, a low-code prompt programming tool equipped with pre-built agentic operators; and MCP Streams, a model-agnostic integration layer based on Model Context Protocol, capable of connecting to multiple data sources and compatible with any large language model of the user’s choice.

With this architecture, ai/studio offers complete model flexibility, secure enterprise data integration without duplication, responsible AI features including explainability and audit trails, and deployment options across public cloud, VPC, or on-premises environments. Internal benchmarks indicate a 40 to 60 percent reduction in computational resource consumption compared to traditional approaches, delivering significant cost efficiencies while meeting enterprise-grade performance standards.

ai/studio has already been deployed in production across multiple industries. Among the early adopters is the Aditya Birla Group. Rahul Chopade, Head of Digital at UltraTech Cement, noted, “ai/studio is transforming how we analyze operational data. Its ability to connect patterns across structured and unstructured sources helped us identify specific fuel quality variations affecting production efficiency. Most importantly, it puts powerful analytics directly into the hands of our operations team, enabling faster decisions and a culture of data-driven operations.”

Dr. Gokul Dharani, CEO of 3Analytics, a Silicon Valley-based startup, highlighted its impact on regulated sectors, stating, “Leveraging ParamNetwork’s ai/studio enables pharmaceutical and medical device companies to reduce the time and cost associated with compliance. We are also seeing its potential to transform clinical operations by accelerating time-to-market and reducing the cost of clinical trials.”

Built around a collaborative intelligence framework, ai/studio ensures that AI systems work alongside human expertise in defined workflows. This human-in-the-loop design prioritizes accountability and oversight, positioning the platform not just as a tool for automation, but as an engine for decision intelligence.

As a comprehensive generative AI environment for ETL, business intelligence, and intelligent automation, ai/studio delivers real-world solutions—not experimental capabilities. It features stakeholder-specific interfaces to support business users, data scientists, compliance teams, and executives, providing appropriate control and visibility across the AI lifecycle.

ParamNetwork’s latest offering is a natural extension of its broader mission. The company has spent six years perfecting secure, decentralized data solutions that support seamless collaboration across organizational boundaries. With ai/studio, ParamNetwork turns static data ecosystems into dynamic intelligence engines, enabling businesses to extract strategic value from previously siloed information.

By combining scalable architecture, secure data handling, and AI innovation, ParamNetwork enables organizations to deploy intelligent solutions with complete confidence in data governance and sovereignty. Through ai/studio, the company is delivering TCO-driven transformation and redefining how enterprises use data to create sustainable competitive advantage.