ThinKuvate Backs Rosh.ai and Zippee Among Others In Early Age Seed Round
- By MT Bureau
- September 30, 2024
Singapore-headquartered angel investment platform ThinKuvate has announced the first close of its India fund at INR 250 million. The investment comes within four months of the formal launch of the ThinKuvate India Fund — I.
The firm has made investments in four startups – Rosh.ai, Zippee, Pantherun, and NymbleUp.
Rosh.ai was founded in 2021 by Roshy John and Rajaram Moorthy. It specialises in autonomous vehicle technology, providing solutions for the automotive, seaport, and mining industries. The company has raised $1 million in Pre-Series A led by EV2 Ventures, with participation from Caret Capital and ThinKuvate.
Zippee was founded by Madhav Kasturia in 2021 and offers same-day delivery for more than 100 (D2C) brands. Zippee is scaling its operations in metro cities and expanding its brand partnership.
Founded in 2019 by Srinivas Shekar, Pantherun is a cybersecurity company specialising in advanced data protection solutions. The company has raised a bridge round led by QuickHeal Family Office and SIDBI Ventures, with participation from 8X, PiperSerica, and ThinKuvate.
NymbleUp.ai was founded in 2019 by Yogesh Bhatt & Manish Thakur. It has secured pre-series A led by Chandigarh Angels, IVY Cap, and ThinKuvate. It provides AI-driven predictive workforce management solutions for QSRs and retail chains; forecasting demand across all sales channels at 15-minute intervals.
ThinKuvate plans to invest in early-stage startups from seed to Series A, focusing on companies leveraging technology at the forefront.
Ghanshyam Ahuja, Managing Partner, ThinKuvate said, “We have been investing in Indian startups and saw the potential growth opportunities. That led us to launch an India-focused fund, we have reached the first milestone in little over 100 days. This validates our thesis on the next-gen innovations taking place in India, which have a global appeal.”
ThinKuvate continues to raise its target corpus, the fund plans to invest in 30 – 40 startups with an average investment size of INR 15 million to INR 40 million. The fund has also attracted top tier general partners globally, to manage the deal flow, due diligence, and overall portfolio management. More than 50 percent of investors in the fund are NRIs from various countries, top of them being Singapore, Australia, the USA, the UK, and Indonesia.
Mayank Jain, CEO, ThinKuvate, says, “We have built capabilities within our team to provide support and help to startups scale faster. The profile of limited partners, who are working professionals with senior roles in large corporates, would be a huge differentiator for the companies we back. Our vast network will not only bring in quality capital but provide access to the founders to accelerate their growth journey post funding from ThinKuvate. As we continue to raise the target corpus, we have already built a healthy deal flow and we are confident that with this fund, we will be able to build a strong portfolio and generate stellar returns for our investors.”
Ten-Nine Technologies Partners Rune Nordgaard Consulting To Expand TENIX In Japan
- By MT Bureau
- November 13, 2026
US-headquartered Ten-Nine Technologies has entered a market development partnership with Tokyo-based Rune Nordgaard Consulting (RNC) to expand the evaluation and commercialisation of its 'TENIX' battery additive across Japan's battery value chain.
Headquartered in Tulsa, Oklahoma, Ten-Nine Technologies is said to have developed proprietary nano-scale materials that improve battery performance, longevity and stability across lithium-ion chemistries. The company claims its flagship technology, christened TENIX, is a cathode additive engineered to extend cycle life, improve thermal performance and unlock more value from every cell.
TENIX is a powder additive blended into cathode active materials during manufacturing at 0.5 to 2 percent of cathode weight without requiring equipment modifications or battery redesigns. In third-party evaluations across nickel-manganese-cobalt (NMC) and lithium-manganese-oxide (LMO) chemistries, the additive increased charge-discharge cycles by over 75 percent, extending electric vehicle battery lifespans from 150,000 to over 265,000 miles while reducing cost per kilowatt-hour by approximately 40 percent, lowering resistance by 10 percent and decreasing lifetime heat output by around 40 percent.
Under the agreement, RNC will act as Ten-Nine's representative in Japan, facilitating engagement with automotive original equipment manufacturers, battery makers, cathode producers, trading houses and research institutions.
Since May 2026, RNC has introduced TENIX to battery manufacturers, automotive firms, and cathode materials producers in Japan to support technical evaluations and customer qualification processes.
Paige Johnson, CEO, Ten-Nine Technologies, said, “Japan has played a foundational role in the development of the global lithium-ion battery industry. RNC’s deep understanding of the Japanese battery ecosystem and extensive industry network make them an ideal partner as we continue expanding our global presence.”
Rune Nordgaard, Founder, Rune Nordgaard Consulting, said, “Japan is one of the world’s most important battery markets, but success here requires trust, technical understanding, and strong local follow-up. TENIX has demonstrated excellent performance in NMC and LMO cathode chemistries, with strong potential for all-solid-state batteries as well, and I believe it will be of real interest to battery and battery-related companies across Japan. We’re pleased to support Ten-Nine, whose professionalism, technical rigour, and commitment to customers give us confidence in introducing TENIX to potential partners in Japan.
Audi Introduces Bidirectional Charging And Three Battery Variants On A2 e-tron
- By MT Bureau
- November 13, 2026
German luxury carmaker Audi has detailed the battery architecture and bidirectional charging capabilities of the Audi A2 e-tron, which is available to order in three battery configurations of 52, 61 and 84 kWh.
The EV features Vehicle-to-Load (V2L) functionality to power devices and Vehicle-to-Home (V2H) capability to supply electricity to households when paired with a DC wallbox, with Vehicle-to-Grid (V2G) functionality planned to feed energy into the power grid in the future.
The 52 kWh and 61 kWh variants use lithium iron phosphate (LFP) batteries arranged in a cell-to-pack layout, while the 84 kWh variant uses a nickel-manganese-cobalt battery. Depending on the configuration, direct current charging powers range between 100 and 183 kW, charging the battery from 10 to 80 per cent in 24 minutes for the 52 kWh version, 26 minutes for the 61 kWh version, and 29 minutes for the 84 kWh versions.
The vehicle incorporates an OCDC 2.0 unit that integrates the on-board charger and DC/DC converter, utilising metal-oxide-semiconductor field-effect transistors (MOSFETs) and alternating current output management software. A thermal management system regulates battery temperature, current flow, and state of charge during charging and discharging cycles, while a battery management controller employs an algorithm to track state of charge, ageing, and range calculations across the LFP cells.
- Tangentia
- Enmovil Solutions
- Team Canada Trade Mission
- Maruti Suzuki India
- Mahindra & Mahindra
- TVS Motor Co
- Daimler
- Nestle
- Hero MotoCorp
- Indus Towers
- Ashok Leyland
- Ravi Bulusu
- Vijay Thomas
Enmovil Partners Tangentia To Enter Canadian Manufacturing And Automotive Markets
- By MT Bureau
- November 12, 2026
Enmovil Solutions has formed a partnership with Tangentia to provide supply chain orchestration software to manufacturing and automotive enterprises in Canada. The agreement was formalised during the Team Canada Trade Mission to India in October 2026, led by Canada's Minister of International Trade, Maninder Sidhu, which resulted in 34 agreements valued at nearly CAD 300 million.
Under the terms of the agreement, the companies will combine Enmovil's CADDIE supply chain platform with Tangentia's integration and Agentic AI systems. Tangentia will manage go-to-market operations, deployment and customer support in Canada, targeting manufacturers, automotive original equipment manufacturers, electric vehicle and battery producers, defence contractors and supplier networks. Enmovil's platform manages demand, inventory, production, and logistics planning for clients including Maruti Suzuki India, Mahindra & Mahindra, TVS Motor Co, Daimler, Nestle, Hero MotoCorp, Indus Towers and Ashok Leyland.
Ravi Bulusu, Co-Founder and CEO, Enmovil, said, “Canada is a natural next step in Enmovil’s global expansion. Its manufacturing and automotive sectors run on complex, tightly connected supply chains, where faster and better-coordinated decisions translate directly into cost and service outcomes. By combining CADDIE, Industry’s leading Agentic supply chain decisioning and orchestration platform, with Tangentia’s solutions and local expertise, we can offer Canadian enterprises a joint solution that helps them make faster, better-informed supply chain decisions. We look forward to working with Tangentia to bring this to more businesses in Canada.”
Vijay Thomas, CEO, Tangentia, said, “Canadian manufacturers, Retailers and Distributors are under growing pressure to build supply chains that are more resilient and responsive. CADDIE, Enmovil’s supply chain decisioning and orchestration platform, has proven itself at scale with some of the largest manufacturing and automotive companies in India, and it complements Tangentia’s strengths in Supply Chain, EDI, integration and Agentic AI. Together, we can offer our customers a combined solution and a practical path to AI-driven supply chain decisions. This partnership is also a strong example of the growing technology ties between Canada and India.”
- Visteon Corporation
- SHINRY Technologies
- Visteon-Shinry Power Electronics
- VSPE
- GaN
- Zilai Zhao
- Mark Sun
- Benoit Rousseau
Visteon, SHINRY And Infineon Collaborate On Single-Stage GaN Onboard Charger
- By MT Bureau
- November 12, 2026
Visteon Corporation and SHINRY Technologies, operating through their joint venture Visteon-Shinry Power Electronics (VSPE), have partnered with Infineon Technologies to develop a single-stage onboard charger for electric vehicles. The announcement was made during the Electronica Trade fair in Munich.
The system combines VSPE's converter hardware topology and control strategy with Infineon's gallium nitride (GaN) monolithic bidirectional switches (BDS). The single-stage architecture consolidates power conversion functions and removes the bulk capacitors used in two-stage onboard chargers to reduce component count, system dimensions, and costs.
The unit supports 22 kW three-phase and 19.2 kW single-phase AC charging alongside vehicle-to-everything (V2X) bidirectional operation. Infineon's GaN BDS devices integrate bidirectional voltage blocking and current conduction into a single semiconductor unit, lowering component requirements in the power stage and shrinking the dimensions of magnetic components through switching frequency operation.
Zilai Zhao, Co-General Manager at Visteon-Shinry Power Electronics, said, “This collaboration brings together complementary strengths in vehicle electronics, power conversion and advanced semiconductors. By combining Visteon’s system expertise and Infineon’s GaN leadership, we’re delivering a transformative solution for next-generation EV platforms.”
Mark Sun, CTO, SHINRY, said, "Integrating Infineon's GaN switches with our proprietary single-stage topology is a game-changer for power density and system cost. Our R&D team is fully committed to validating this innovative architecture to meet the rigorous reliability standards of global automotive customers."
Benoit Rousseau, Vice-President of GaN Automotive, Infineon, said, “Together with Visteon-Shinry Power Electronics we are pushing the boundaries of onboard charging for the next generation of electric vehicles. Our GaN bidirectional switch, recognised as a ‘Global New Energy Vehicle Innovative Technology’ at the 2026 World New Energy Vehicle Congress, combines leading-edge switching performance and efficiency with a new level of semiconductor integration, enabling new power conversion architectures.”

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