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Vimag Labs Raises $5 Million Series A Led by Accel to Advance Magnet-Free Motor Technology

Bengaluru-based deeptech startup Vimag Labs has raised $5 million in a Series A funding round led by Accel, with participation from Chakra Growth Fund and Thinkuvate. The funding will be used to accelerate the commercialisation of its patented Virtual Magnet Synchronous motor platform and to expand engineering and manufacturing capabilities.

By Super Admin | January 31, 2026
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Schneider Electric Appoints Preeti Bajaj as Executive VP – Home Solutions to Drive Innovation and Global Growth

Schneider Electric has welcomed Preeti Bajaj as Executive Vice President, Home Solutions, marking an important leadership addition as it continues to strengthen its global technology capabilities. In her new role, Preeti will lead the Home Solutions division, driving growth and innovation initiatives, strengthening enterprise technology platforms, and enabling scalable, secure, and future-ready operations aligned with business objectives. Additionally, she has joined the board of StarCharge, a Schneider Electric managed Joint Venture.

By Super Admin | January 31, 2026
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Visionary Leader Aditya Mony Appointed as India Managing Director & Chief Technology Officer at Innovapptive

Aditya Mony has stepped into the role of India Managing Director & Chief Technology Officer at Innovapptive Inc, marking a significant leadership milestone as the company scales its AI-first Connected Worker SaaS platform for large industrial enterprises. Innovapptive focuses on improving frontline maintenance, operations, and warehousing areas where execution quality directly impacts business outcomes.

By Super Admin | January 31, 2026
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