Yotuh Energy Pvt Ltd, a startup incubated by the Punjab Agricultural Business Incubator (PABI) at Punjab Agricultural University (PAU), has secured INR 15.3 million in its initial seed funding round spearheaded by Campus Angels Network.
With this funding, Yotuh Energy aims to accelerate product development, expand operations and strengthen its team to transform the cold chain industry.
The seed funding round, spearheaded by Campus Angels Network under the leadership of Chandran Krishnan, saw the participation from prominent angel investors such as C.K. Ranganathan, Founder Chairman of CavinKare and Rohan Cherian, former Founder of Essential Legal. Yotuh Energy has been guided by Vinod K. Dasari, former Managing Director of Ashok Leyland, whose advisory role has been pivotal in the startup’s growth.
Yotuh Energy is transforming the cold chain logistics sector with its innovative, India-developed refrigeration technology. It’s electrified refrigeration solutions are revolutionizing the agricultural and allied sectors by addressing critical challenges related to food storage and distribution.
Impacts of Electrified Refrigeration
- Enhanced Food Preservation: By providing reliable refrigeration, Yotuh Energy helps extend the shelf life of perishable goods like fruits, vegetables, dairy products, and meat. This reduces spoilage and waste, ensuring that more produce reaches consumers in good condition.
- Improved Supply Chain Efficiency: Electrified refrigeration systems ensure that agricultural products are kept at optimal temperatures during transport and storage. This helps maintain the quality of products from the farm to the market.
- Reduction in Energy Costs: New Electrified refrigeration systems can be more energy-efficient compared to older models. By reducing energy consumption, these systems lower operational costs for farmers and businesses, making the overall food supply chain more sustainable.
“Yotuh Energy exemplifies the innovation emerging from the PABI incubator. Their groundbreaking technology offers essential, sustainable solutions for the future of cold chain logistics. I also appreciate the PABI team, whose steadfast support has been crucial to this success.”
Dr. T.S. Riar from PABI praised Yotuh Energy’s successful journey from concept to funding as a prime example of the entrepreneurial spirit fostered at PABI, anticipating their role in setting new industry standards. Dr. Poonam Sachdev highlighted the importance of nurturing innovation in agriculture and commended Yotuh Energy’s vision and PABI’s support, expressing confidence in their continued leadership in cold chain logistics.
