The company reported a profit including exceptional items and before tax of Rs 87 crore. The resultant under-absorption and mark-to-market impact due to forex volatility were partly offset by refund incomes and a one-time gain on sale of solar business Bengaluru: ABB India has posted a profit after tax of Rs 66 crore during the […]
ElectrIQ Raises $6 Million Seed Round to Finance Home Storage Push
ElectrIQ Raises $6 Million Seed Round to Finance Home Storage Push The startup will need the money to take on the likes of Tesla and LG Chem. Bay Area startup ElectrIQ raised a $6 million seed round to support its challenge to the home storage incumbents. Earlier this month, the company released a new product, […]
ElectrIQ Launches Smart Home Connected Battery System for $8,999
ElectrIQ Launches Smart Home Connected Battery System for $8,999 The startup’s PowerPod connects to popular smart appliances, at a price competitive with conventional home batteries. Home automation has now entered the energy storage market at multiple price points. Bay area startup ElectrIQ (pronounced “electric”) unveiled a new battery system this week that links up to […]