E4 will collaborate with technology, venture, government, academia partners, eminent coaches & industry expert mentors to enable digital start-ups to achieve industry readiness and implement strategies for scaling & global expansion in the Industrial & Energy verticals. The Digital Track is built for mature, digital start-ups, that are simplifying some of the most crucial problems across sectors that require rapid automation to become more energy efficient.

Partners on board for this track are Tata steel, AVL, Last mile Ventures, IBM, Intel, EPRI, AWS & Maharashtra State Innovation Society to name a few. This collaboration brings together the best minds from across verticals into one synergized hub providing opportunities for:

  • Solution maturity & market readiness
  • Acquiring industry expertise
  • Increasing potential customer base & scaling up
  • Potential international expansion

Speaking on the occasion, Mr. Nitin Prasad, Chairman, Shell Companies in India, said, “Digitization could play a key role in supporting the country’s sustainable development by offering better efficiencies with much lower energy consumption. We are delighted to welcome the newest batch of start-ups to the Digital Track of our flagship E4 Programme. Since conception, E4 has been evolving to foster innovation in diversified fields like mobility, clean technology, logistics and now digital solutions. This decade has witnessed the acceleration of digitalisation and new energy transition, and Shell E4 will facilitate this with a focus across a full range of digital themes. We’re certain that these young leaders will gain considerable benefits from this experience and will be instrumental in powering India’s progress towards a cleaner energy future.”

After careful scrutinization and several rounds of evaluations, 9 start-ups have been selected to form a part of the Shell E4 Digital Track.

  • Airpix, 3Rdi, Cognitensor & Pradjna bring in exceptional AI/ ML enabled innovative solutions, to labour-intensive processes like asset surveying, inventory management and evaluation of technical skills.
  • XYMA Analytics, Embedsense, Exactspace & Planys provide unique, cutting edge IoT & AI driven solutions focused on surveying, inspection, & energy efficiency in industrial processes.
  • Spareit works towards bridging gaps between customers and workshops in the automotive aftermarket space, through SaaS based solutions enabling convenience for customers and productivity for service providers.

As a part of the Digital track the start-ups will have access to Shell’s IT infrastructure, resources, expertise, and an invaluable network of partners & investors. Through this, the start-ups will be incubated & nurtured at each of their levels of progress to enable them to further develop their smart and sustainable technologies and showcase them for utilization on a global scale.

Debasis Goswami, General Manager, Shell E4 Startup Innovation Hub added, “ I am excited to welcome the latest group of start-ups joining the Shell E4 program as we work with our partners to accelerate India's energy transition journey and contribute to the growing clean energy ecosystem in the country.

The Shell E4 Digital track is a multi-partner program for digital start-ups intended to fast track industry solution maturation towards global market adoption, achieve enterprise readiness, potential industry deployments and access to international markets. The start-ups will benefit from a curated network of industry experts & advisors leveraging Shell and our Partners’ global reach.”

Shell E4 continues to bring corporate synergies into the start-up ecosystem to enable remarkable entrepreneurs take their solutions across the world. Collectively they pave the way towards a cleaner, safer and smarter energy future.

Enquiries:

Shell – Priyanka Dube
Country Media Manager
Email - Priyanka.Dube@shell.com

Notes to editors

About Shell:

Shell is one of the most diversified international energy company in India with over 9500 employees and presence across upstream, integrated gas, downstream, renewable energy, and deep capabilities in R&D, digitalization, and business operations. With a retail presence across six states – Karnataka, Tamil Nadu, Telangana, Maharashtra, Gujarat, and Assam Shell is expanding its network of fuel stations across the country. It has the entire Lubricants end-to-end value chain in India, from conceptualization and development, to production and distribution. Serving 50000 consumers through a robust network of 200+ distributors across B2C and B2B lines of Sales. This includes a world class lubricant oil blending plant that manages a large supply chain through a network of 4 Regional Distribution Centers and 8 warehouses. The company also fully owns and operates an LNG re-gasification terminal at Hazira. With a focus on digitization and future ready sustainable solutions, the company is nurturing a vibrant ecosystem in India to accelerate energy innovations with Shell E4 for start-ups, Shell Eco-marathon and investments in new energy companies like Husk Power, d.light, Orb Energy and Cleantech Solar. Shell also remains committed to making positive contributions to the communities in which it operates through programmes like NXplorers, Access to Energy and Road Safety across India. Follow @shell_India @makethefuture @shell_ecomar to know how it is redefining the energy space.

Royal Dutch Shell plc

Royal Dutch Shell plc is incorporated in England and Wales, has its headquarters in The Hague and is listed on the London, Amsterdam, and New York stock exchanges. Shell companies have operations in more than 70 countries and territories with businesses including oil and gas exploration and production; production and marketing of liquefied natural gas and gas to liquids; manufacturing, marketing and shipping of oil products and chemicals and renewable energy projects. For further information, visit www.shell.com.

Cautionary note

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this announcement “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Royal Dutch Shell plc and subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.

This announcement contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”, “ambition’, ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended December 31, 2017 (available at www.shell.com/investor and www.sec.gov). These risk factors also expressly qualify all forward looking statements contained in this announcement and should be considered by the reader. Each forward-looking statement speaks only as of the date of this announcement, July 07, 2021. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement.

We may have used certain terms, such as resources, in this announcement that United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC. U.S. Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.