ACS secures Rs 1.1 cr funding

Mumbai: ACS Energy, a campus-born EV charging startup founded by alumni of K J Somaiya School of Engineering, Somaiya Vidyavihar University, has secured ?1.1 Crore in pre-seed funding from Inflection Point Ventures (IPV). The milestone follows years of foundational support the startup received through riidl Somaiya Vidyavihar University, including mentorship, early prototyping infrastructure, and access to government-backed programmes. 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.