E4 Startups Portfolio
Our Journey Since 2018
Since 2018, we’ve collaborated with 30+ start-ups across diverse domains including Mobility Solutions, Energy Management, Clean Technology, Energy IoT Applications, Digital Solutions, Logistics, and Waste-to-Value to name a few.
We’ve worked closely with founders and their leadership teams to support their growth journeys. Many of these start-ups are now exploring pilot opportunities with various Shell businesses, turning innovation into real-world impact.
COHORT 7
Densepower
Densepower is pioneering affordable energy conversion solutions in the fields of distributed clean power generation, green hydrogen production, and long-term energy storage. The company focuses on innovative design and novel fabrication of high power-density components to drive efficiency and scalability.
By synergistically integrating solid oxide-based electrochemical devices with a tailored balance of plant, Densepower addresses both fuel-to-power and power-to-fuel energy conversion needs—delivering exceptional system efficiency for next-generation energy systems.
Voltreum
Voltreum is an innovative energy technology start-up driving transformation in the renewable energy sector. With a strong commitment to sustainability and technological advancement, Voltreum is reshaping the energy landscape through its cutting-edge solutions.
At the core of its offerings are:
- MeterMinds MDMS – an advanced Smart Meter Data Management System
- Volt-X – a pioneering peer-to-peer renewable energy trading platform
These solutions empower smarter energy management and decentralized energy exchange, contributing to a more sustainable and efficient energy future.
Pavakah
Pavakah is a cutting-edge material science start-up developing photovoltaic technology that can transform virtually any surface into a solar panel. Their proprietary innovation—a unique blend of material preparation and a specialized printing mechanism—enables seamless solar energy integration onto existing surfaces.
This breakthrough empowers both commercial & industrial (C&I) and residential customers with:
- Energy independence from the grid
- Reduced utility costs
- Lower carbon footprint
- Sustained or enhanced productivity
By unlocking the potential of underutilized surface areas, Pavakah is redefining how solar energy is harnessed and deployed.
Tensor Dynamics
Tensor Dynamics is a climate data analytics start-up based at IIT Delhi, pioneering innovation in the power sector. Their proprietary platform, SKYCASTER, is the industry’s first integrated Weather Data, Analytics, and GIS platform tailored for energy applications.
Built on a dynamic weather forecasting system—leveraging Numerical Weather Prediction (NWP), satellite data, and machine learning—SKYCASTER enables real-time visualization, tracking, and forecasting of weather impacts on power sector assets.
QPI Volta
QpiVolta Technologies is an Indian startup based in Bengaluru that works towards the acceleration of sustainable technologies. Their primary focus is on discovering new materials that contribute to a cleaner environment, air, and water.
Their AI-enabled platform is a milestone in the world of clean energy. They have discovered new materials that can help in bringing many next-generation technology to the market and our primary focus has been in commercializing solid-state batteries. Their indigenously developed solid-state battery has a high energy density and is extremely safe, thanks to QPiVolta solid-state electrolyte. Their battery is designed to shield against fire mishaps and operate in extreme temperatures.
QPI Volta is the first company in India to develop solid-state batteries, and our chemistry has the potential to play a crucial role in the industry.
To know more - https://qpiai.tech/
Tranzmeo
Tranzmeo is a deep tech start-up delivering cutting-edge anomaly detection solutions for remote oil and gas pipelines. Leveraging artificial intelligence, machine learning, high-performance computing, and distributed fibre acoustic sensing technology, Tranzmeo is transforming pipeline monitoring.
Their flagship product, OneView, is redefining how global oil and gas enterprises secure and monitor their distribution networks—offering enhanced security and more reliable protection.
ArSta Eco
ArSta Eco is at the forefront of the sustainability movement, specializing in innovative solutions such as BioChar, BioCarbon, and Sustainable Charcoal. With a strong focus on eco-friendly technology, they are committed to tackling carbon emissions and promoting environmental stewardship.
Their pioneering approach addresses the challenges associated with carbon capture, carbon sequestration, and fossil carbon avoidance. By developing cutting-edge solutions, they strive to make a significant impact on mitigating climate change.
One of their flagship achievements is their unique biochar production technology. Unlike conventional methods, their process overcomes challenges such as heat transfer, feedstock type and size, and material flow. This breakthrough enables them to produce high-quality Industrial grade Biochar efficiently and sustainably.
To know more - https://arstaeco.com/
SiriNor
SiriNor is a Climate Tech company focused on eliminating all GHG emissions from aviation, marine and UAVs/Drones sectors. "Imagine a world where air travel isn’t just convenient, but also sustainable. At SiriNor we’re making that a reality with our cutting-edge zero emission propulsion technology (electric jet engines) for aviation, GEVs and UAVs.. By harnessing the power of Norwegian and Indian innovation and expertise in climate technology, we’re revolutionizing the aerospace industry, eliminating climate emissions, and paving the way for a cleaner, greener future in the skies. Join us in reshaping the way we fly, for the planet and for generations to come.
To know more - https://www.sirinor.com/
COHORT 6
Grassroots
Grassroots Energy works at the cross-section of Energy and Agriculture. Their approach to convert agri and farm waste to Biomethane, Bio-Hydrogen, high-quality clean fuels that can be used for cooking, mobility and electricity generation in distributed process. Biomethane and BioHydrogen generation in distributed manner, can provide access to clean energy for diverse end uses and accelerate clean fuel adoption and reduce carbon footprint.
KNP Arises
"Key to Nature protection" is the core of the company’s business model. The team is working towards creating sustainable and scalable business models in waste to energy space.
KNP Arises collects used cooking oils and fats from restaurants and pays them the best price. Then it converts those oils into bio-diesel. The company provides a wide-array of services to help factories manage their waste oils and fats. With tailor-made packages to Supermarkets and Fast Food Outlets, KNP Arises tries to eliminate any potential issues of dealing with waste.
Wenergie
Team Wenergie is working on hardware and software that easily integrates solar and battery storage to provide 24x7 reliable energy in an affordable and universally compatible manner.
UptimeAi
UptimeAI is the first artificial intelligence based plant monitoring software, combining predictive maintenance with explainable failure modes/recommendations, and self-learning workflows to mitigate equipment failures and performance loss in process industries.
COHORT 5
Airpix
Airpix has two business verticals (i) drone-based services for large area mapping, surveying, project progress monitoring & critical asset inspection & (ii) Edge software + cloud platform for AI based video analytics on CCTV feed, this is targeted at enabling autonomous remote monitoring & management of sites and manpower for operations & safety compliances for the oil & gas, construction and manufacturing industries. They have paying customers for our drone services with marquee clients such as L&T ECC, Delhi Metro, ACC Ltd.
Cognitensor
CogniTensor has created DeepOptics - an Integrated MLOps / ML DevOps which provides automated, standardized development, deployment within a collaborative workspace. CogniTensor is solving the problem of bridging the gap between development and production teams to successfully deploy AI/ML projects at speed. Cognitensor has built on top of DeepOptics ready-to-deploy products in energy, commodity, retail and manufacturing with a proven track record.
Embedsense
Embedsense is an Industrial IOT product company that manufactures innovative industrial grade sensors and offers end-to-end solutions. Powered by advanced analytics, their comprehensive machine-monitoring suite can help manufacturing plants transform themselves into smart factories of the future. Their technology can bring any machine irrespective of its age/type onto the digital highway and generate real time insights on the health, performance, and quality of produced goods, thereby enabling cost savings and delivering operational excellence in a wide range of manufacturing industries.
Exactspace
Exactspace builds Energy focused AI solutions to add ‘Human-like Intelligence’ to assets across the Energy value chain. It helps with two broad outcomes for organizations in Power and Oil and Gas:
- Improve asset reliability and minimize failures of critical assets.
- Reduce the carbon footprint and energy wastage in industrial complexes.
Pradjna
Pradjna is an AI platform to assess & evaluate Blue Collar skills using a ML framework, Hardware and Software Sensors. They have a common backend system which can assess multiple Blue-Collar skills based on a generic Machine Learning framework and logic which is integrated with appropriate sensors including IoT devices to extract data related to the actual job context.
The data are then processed in an ML methodology to extract insights into how each individual performs in an absolute and relative (compared with baseline) manner.
Planys
Planys is a deep tech start-up disrupting the underwater inspection industry through innovations in the field of marine robotics, Non-destructive testing (NDT) & an AI-enabled post inspection analytical platform across ports, infrastructure (dams and bridges) & energy/utilities sectors. Planys’ technology solutions are intelligent, safer, digital, cost-effective & helps forecast maintenance and repair more efficiently. Planys has completed 160+ asset inspections and is scaling across India, Saudi Arabia and the Netherlands.
SpareIT
SpareIt® is India’s largest automotive aftermarket multi-sided platform. Their platform digitizes the offline neighborhood mom and pop garages by empowering them with easy access to sourcing, last-mile logistics, business management solutions and digital credit. It connects these garages with distributors and manufacturers who sell more than 30 lakh spares ranging across categories in the automotive aftermarket. SpareIt® is making B2B commerce convenient and efficient for the entire aftermarket ecosystem. SpareIt® is scaling rapidly and has onboarded 4000+ garages in less than 8 months across 4 cities.
XYMA
XYMA Analytics is a spin-out from Centre for NDE, IIT Madras and incubated by IIT Madras Incubation Cell. XYMA provides novel ultrasonic sensors and Industrial-IoT solutions to industries using high temperature processes such as refineries, power plants, steel plants and other manufacturing industries. Their sensors provide dense measurements across a unit, improving performance and asset life, which is coupled with AI-powered physical models for intelligent support.
COHORT 4
APChemi Website
APChemi is one of the leading solution providers for chemically recycling post-consumer plastic waste including landfill plastic waste. Its unique technology can convert waste plastic into an oil that can replace the crude oil or naphtha for production of circular economy plastics. APChemi has proven the technology for pyrolysis of waste plastic, tyre and biomass. Since 2007, APChemi has commissioned more than 30 reactors. Today, APChemi's patented technology prevents landfilling of more than 75,000kg/day of plastic waste.
Commutec Website
Commutec is transforming the employee transportation business into a mobility service by digitizing fleet operators and providing protocol driven, technology enabled fleet for corporate employee transportation. Their end to end SAAS ERP automation solution allows users to improve fleet utilization, enhance safety and reduce operational costs through technology and analytics helping fleet operators increase profit margins.
EEE - Taxi Website
EEE - Taxi provides a fleet of electric vehicles for corporate-employee transportation. Route optimization minimizes travel time by combining telematics, tech and EV ecosystem leading to higher productivity and revenue. Additionally, EEE - Taxi provides charge point management system for other EV users to plug in their vehicles enabling a charging market place.
Go GreenEOT Website
Go GreenEOT helps B2B / Logistics companies realize reduced costs in last mile delivery by providing a Vehicle-As-a-Service model (vehicle, battery, charging, insurance) at a monthly cost. Enabling this electric vehicle focused business model is Go GreenEOT's IP in hybrid battery and innovative cooling solutions providing increased battery pack life.
Energos Website
Energos helps Multi-site Retail, Commercial & Industrial and E-Mobility customers, as well as Energy Providers with their energy transition. Their vision is to create a network of AI nodes on distributed energy systems comprising of behind-the-meter renewables, storage, EV charge points and legacy loads. Their gateway & proprietary AI algorithms control and make legacy heating & cooling loads and new EV charge loads more efficient. Their analytics ML models help customers to maximize return on their assets, reduce O&M costs, increase profits and improve customer engagement.
IOTomation Website
IOTomation offers Building IoT platform, which improves energy efficiency through automation of the buildings. Offering a Pay-as-You-use subscription model reduces customer risk while providing higher degrees of flexibility. Their vendor agnostic full stack SAAS building management system provides vendor implication by allowing for fire, safety, heating, cooling, electrical modules to be managed through one solution leading to increased operational efficiency.
LogicLadder Website
LogicLadder offers sustainability management and pollution monitoring solutions approved by the Government of India.The solutions enable customers to acquire real-time enterprise-wide energy and environment data to assess their environmental risks, predict anomalies, detect noncompliance and leverage machine learning for actionable insights. Leading companies, smart cities, and governments use their cloud platform to monitor, coordinate and achieve their sustainability goals and meet environmental compliance.
Magenta Power Website
Magenta Power is in the business of Clean Energy Solutions - Generation, Adoption & Utilization. Under the Charge Grid brand, Magenta offers universal AC EV charging infrastructure designed for India’s heat, humidity and usage condition and to be powered by solar. Some of the key highlights of Magenta are: India's first solar based EV charging station, India's first EV Highway (Mumbai- Pune), India's first EV billing meter. Magenta is also developing solutions for propagation of EV charging infra in rural India.
Offgrid Website
Offgrid is focused on bringing disruption to the energy storage market through new materials and design of batteries. The startup has developed rechargeable zinc carbon battery (ZincGel®) which outperforms available battery technologies in terms of power density, life and cost. Offgrid aims to cater to multiple industries such as renewables, microgrids, electric vehicle and utilities through its different variant of ZincGel® batteries.
Jal Technologies Website
Jal Technologies offers indoor and outdoor solutions to measure and monitor air pollution in smart cities and industries. Helping government, policy makers and citizens to take concrete action by providing an open source platform that analyzes the collected data providing actionable insights.
COHORT 3
Quifers Website
Quifers is a logistics automation solution provider that enables Manufacturing Companies, Transporters and Fleet Owners address inefficiencies in their daily logistics planning; lack of supply chain visibility; and issues with reconciliations. Its customers have realized 15 – 25% in logistics cost savings and improved customer experience through enhanced business intelligence, better controls, end-to-end visibility and better decision-making powers. Such capabilities are empowered by Quifer’s suite of offerings including - dispatch & resource planning, “ahead of time” scheduling, route optimization, vehicle live monitoring, automated order reconciliations, predictive analytics for potential SLA breaches etc.
Insightzz Website
Insightzz, a Machine Vision startup, serves enterprises in several industries including Manufacturing, Retail and Energy in the automation of Quality Inspection, Counting & Classification etc. Despite significant investments these companies have been struggling in areas such as Defect Detection, Production Line Monitoring, and Color/Aesthetic Inspection, where data collection (through manual intervention) is expensive, error prone and subject to information loss/ inaccuracy. With deployment of Insightzz, customers have realized 30%-80% reduction in defective shipments, 10% reduction in waste generation due to quality issues and 1%-5% manpower savings on assembly lines.
Stelae Website
Stelae Technologies enables large enterprises better leverage their data assets stored in PDF documents. Stelae’s Khemeia™ product transforms unstructured content in such documents into structures that make them searchable and actionable; and enabling them to be rendered contextually into right form factors and at the right time of need. Customers who have adopted Stelae’s Khemeia™ product have realised significant operational efficiencies and cost savings. Khemeia™ is built on strong pattern recognition and structuring algorithms.
Rezlytix Website
Rezlytix utilizes data analytics to bring energy intelligence to the upstream oil and gas sector. Its product ProLytix® - Production Analytics & Forecasting Technology, helps O&G companies in forecasting hydrocarbon productivity and well performance of their reservoirs. Their advanced machine learning platform integrates geological, geophysical and engineering data providing operators with smart well paths for drilling future wells efficiently while enhancing overall productivity and maximizing profits. RezLytix also has multiple tools which intelligently identify best fracking zones in a well for higher performance.
Nirvana Energy Systems Website
Nirvana Energy Systems converts waste heat (or any fuel) into reliable electricity and heating (or cooling) with >90% performance efficiency. Its products deliver sustainable and reliable 24/7 electricity and cooling, at low cost and free of maintenance; in hybrid operations, Nirvana makes solar and wind power 'dispatchable'. These products are based on patented Nirvana Thermo Acoustic Power Stick™ (TAPS™) technology which transforms sound to generate electricity and cooling.
COHORT 2
Zypp Website
Zypp is on a mission to solve pollution by making all last mile deliveries go electric. Their idea is to disrupt & transform the future of the last mile delivery with the right EVs, Battery swapping infrastructure, IOT, AI, ML, tech platform while making it sustainable & affordable for business of all types from Kiranas to large e-retail customers.“
RightWatts Website
RightWatts is building an 'Open Platform for Industrial Apps'. Targeted at industries, buildings, utilities, and data centres, their No-Code Platform helps solution providers working in these segments to build, deploy, and replicate 'industrial apps' at scale.
Using the platform, providers can themselves build full stack hardware-to-software complex industrial apps leveraging technologies like IoT, cloud, analytics, and AI. Their 'industrial appstore' fosters a market around re-usable apps (under provider's own brand), enabling distribution of single-app or multiple-app combinations to save money. They are enabling new business models in this market, fundamentally doing what Android did in the consumer apps market.
Ziptrax Website
Ziptrax aims to provide low cost, infinitely serviceable battery energy storage to the masses by re-purposing Li-ion batteries for 2nd use applications such as E-mobility and Energy Storage. Based on Ziptrax's proprietary Machine Learning technology, product hardware, intelligent plug-and-play SaaS, Ziptrax Batteries provide benefits of Li-Ion Battery but at the price of a lead acid Battery.
IgrenEnergi Website
Viability of EVs is limited by price and performance of batteries. igrenEnergi has developed a breakthrough Battery Management System which extends EV viability, by improving battery performance and enabling beneficial usage models. igrenEnergi's BMS uses proprietary deep-tech innovations which combine advanced power electronics, edge-computing algorithms and IoT + cloud- based intelligence. There unique approach to managing mismatch between cells and modules of a battery enables potential 20-40% improvement in range, cycle life, and efficiency of batteries.
Tresmoto Website
TresMoto is re-imagining the future of mobility. Their first offering is a plug and play scooter for dock-less rental and micro-delivery service providers. These are purpose built, connected scooters supported by modern day services and sub-systems. They have unique innovations in their designs and development which lets them price their products at par with petrol vehicles in the same segment.
Manastu Space Website
Satellites currently carry a highly toxic and carcinogenic propellant which will be banned by 2021 internationally. Manastu Space has designed a green propulsion system consisting of hydrogen peroxide based green propellant, engine associated with it and catalyst providing 40x less toxicity, 25% higher performance, resulting in up to 30% cost savings for satellite manufacturers.
Autovrse Website
AutoVRse helps enterprises develop VR/AR experiences used for design reviews, as sales tools, in experiential marketing and for virtual training. They provide premium VR/AR content with industry best turnaround times by leveraging workflow with automated 3D model optimisation, proprietary lighting workflow and photorealistic library of materials and textures. Customers include firms like Bosch, John Deere, Fidelity and Abbott across India, Singapore, Australia, Germany and USA.
Logistics Now Website
LogisticsNow is building the Digital Backbone of global Logistics to help customers develop a stronger technology enabled transportation and logistics business. Their initial focus is on emerging markets like India, where there are significant challenges in terms of lack of business visibility, utilization, transparency and payments. LogisticsNow provides advanced analytics, leading to better fleet utilization, service and cost savings.
Maximl Website
Maximl is building technologies to streamline last-mile communication and rapidly digitalize ground operations for the industrial workforce by connecting the field and office & enabling clients to take decisions in real time. Their flagship product, SyncOps is a smart project management platform that enables real-time monitoring of industrial projects including turnarounds and commissioning projects by connecting every stakeholder of the industrial ecosystem, reducing industrial project time and costs. The product has received traction from Fortune 500 companies.
iGarage Website
iGarage is an integrated technology based marketplace platform that offers convenience, value for money and promise of reliability to fill the gap of customer inconvenience for vehicle lifestyle ownership. Their platform has established brand ecosystem partners managed by multi-industry expertise entrepreneurs to provide one stop shop of best in class guaranteed services to B2C and B2B vehicle owners.
COHORT 1
Detect Technologies Website
This Chennai-based start-up focuses on asset integrity management especially in the conventional oil and gas industry and has already built unique, patented technology for pipeline condition monitoring in real-time, using a long-range ultrasonic sensor for temperatures of up to 350 degrees Celsius. This solution will help cut massive productivity losses in case of a breach. Along with this the company also provides Noctuan intelligent solution for structural health monitoring on hard to reach assets such as stacks, columns, pipe racks, vessels, tanks, boilers, chimneys etc. and has several Fortune 500 companies as their clients.
ION Energy Website
ION Energy is building cutting edge energy storage systems and infrastructure for the adoption of high-performance electric vehicles. ION has offices in Mumbai, USA & now France. ION leverages deep proprietary technology that merges their strengths in design, electro mechanics, battery management systems and software. Apart from deploying their own systems and infrastructure, ION will license a chemistry agnostic and extensively cascadable architecture that enables rapid product development for customers that demand high quality battery systems.
IoTrek Website
IoTrek is developing technology solutions to make infrastructure and outdoor work-sites safe and smart by using intelligent sensors, low power wireless networks and machine learning software. They are building solutions to enable a “connected workforce” for the construction industry with ultra-low power tracking devices embedded with motion sensors to connect people and assets in real time over long-range wireless network infrastructures. They aim to save millions of dollars per year in operations for infrastructure companies by implementing various use cases on a single network infrastructure.
Ossus Website
Ossus Biorenewables is creating solutions for clean energy and recovery of green chemicals from waste water. They are focused on assetizing waste water through, bH2 plus, a technology employing specially designed microbial cell factories, for generating biohydrogen and metals from renewable feedstocks like industrial effluents, municipal sewage and polluted water bodies. Ossus is currently in the process of demonstrating the elemental capability of their technology for generating value from produced water, an effluent generated by upstream oil and gas companies.
Trashcon Website
Trashcon has created an automated municipal solid waste segregator that separates municipal solid waste (MSW). he segregator can process up to 300-400 kgs of MSW/hour, recovering up to 85-98 percent of biodegradables and more than 95 percent of nonbiodegradables. With an inbuilt IoT technology, the segregator consumes relatively less energy compared to conventional segregators, minimizes manual intervention and enables quick processing of large volumes of waste.