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SVU-supported and riidl-backed startup ACS Energy secures INR 1.1 Crore in funding

ACS Energy, an electric vehicle charging startup born at Somaiya Vidyavihar University, has secured Rs 1.1 Crore in pre-seed funding. This investment will fuel network expansion in Mumbai and other urban areas. The company aims to strengthen its hardware-software capabilities and accelerate deployments in residential communities. ACS Energy's chargers have already contributed to significant CO emission reductions.