Yotuh Power Secures ₹1.53 Crore in Investment Led by way of Campus Angels Community

Chennai, Bharat – August 19, 2024 – Yotuh Power Non-public Restricted, an cutting edge blank tech startup that specialize in electrifying automobile refrigeration methods for mid-mile and last-mile chilly chain logistics, incubated at IIT Madras Incubation Mobile, has effectively closed a ₹1.53 Crore investment spherical led by way of Campus Angels Community.

Yotuh Power, based in 2022 by way of IIT Delhi alumni Vivek Mahindrakar, Shaivee Malik, and Dharmik Bapodara, originated from their method racing group with a ocular to develop sustainable applied sciences in Bharat. The corporate has won grants and awards from the Ministry of Agriculture, DST, MeitY, Acumen, ACIR (US Embassy to Bharat), IIT Madras Incubation Mobile, and Daimler Bharat Business Automobiles.

Yotuh Power’s electrical lively refrigeration device, powered by way of a Lithium-Ion Battery, operates independently of the automobile’s primary engine and contours proprietary adaptive keep watch over generation. Their generation is making a fresh marketplace for intra-city perishable transportation by way of enabling Little Business Automobiles and Business EVs for chilly chain logistics.

Management Insights

Dharmik Bapodara, Co-Founder, Yotuh Power: “This funding will significantly enhance our product development, testing, and operations. 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 systems.”

Chandran Krishnan, Managing Director & CEO, Campus Angels Community: “Yotuh Energy’s innovative approach aligns perfectly with our investment philosophy. We believe their electric refrigeration systems will revolutionize cold chain logistics, enhancing efficiency, sustainability, and offering substantial cost savings to the industry.”

Vinod Dasari, former Managing Director of Ashok Leyland and ex-CEO of Royal Enfield, and Marketing consultant to Yotuh Power: “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.”

Development Momentum for Trade Enlargement

This funding will backup Yotuh Power’s product construction, checking out, operations, and group growth to boost up their ocular of reworking chilly chain logistics. By way of pioneering electrical refrigeration methods, this investment will make stronger their proprietary adaptive keep watch over generation, do away with gasoline utilization, loose operational bills, and pressure the trade in opposition to greener and extra environment friendly practices.