SVU-supported and riidl-backed startup ACS Energy secures INR 1.1 crore in funding
Published on: Nov. 21, 2025, 12:33 p.m. | Source: Devdiscourse
ACS Energy benefitted from the NIDHI Prayas prototyping grant by the Department of Science Technology DST and its participation in the HDFC Parivartan Manufacturing Accelerator by HDFC Bank riidl Somaiya Vidyavihar University, which enabled the team to build its early systems, engineering processes, and core charging technology, all while being supported by the Maharashtra State Innovation Society, Government of Maharashtra.ACS Energy is developing modular, user-friendly EV charging solutions for residential townships and high-rise buildings an underserved but rapidly growing segment in Indias EV ecosystem.
