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Woori Venture Partners Invests in Xnergy, Supporting Expansion into New Energy Industries

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SINGAPORE, Jan. 8, 2025 /PRNewswire/ — Xnergy Autonomous Power Technologies (Xnergy) has secured a significant investment from Woori Venture Partners, a leading Korea-based VC fund. This move reinforces Woori Venture Partners’ commitment to fostering cutting-edge technology in the rapidly evolving fields of new energy and mobility solutions, given Xnergy’s advancements in high-power wireless charging for industrial robots and electric vehicles.

Established in 2018 in Singapore with a focus on emerging markets, Xnergy’s products are sold in nearly 40 countries across Europe, America and Asia, with a strong pipeline of customers and partners including mobile robot companies, system integrators, and end users.

Said Mr Alan Ang, Director of Woori Venture Partners: “We are excited to back Xnergy’s ambition to be a global leader in wireless charging for new energy industries. We have invested globally into batteries, mobility and robotics startups and believe that Xnergy’s breakthrough technology will be crucial in driving the next wave of sustainable growth in these industries. We look forward to working with Xnergy’s best-in-class team to support its growth plans.”

Xnergy’s product portfolio includes solutions tailored for both robots and vehicles:

For mobile robots, Xnergy offers 3-9kW wireless non-contact charging systems, supporting on-demand trickle charging.For electric vehicles, Xnergy offers 22kW, 800V two-way charging and discharging solutions for fast and efficient energy management.

The company’s proprietary technology offers several advantages, including compact design, universal compatibility and highest power density. With a focus on scalability and customisation, Xnergy has introduced modular designs to meet varying customer needs while ensuring cost-effectiveness.

The investment from Woori Venture Partners aligns with Xnergy’s plans to expand into new sectors and regions, including new energy vehicles. Following prior investments from Hyundai Motor Group and Accuron Technologies (a subsidiary of Singapore’s Temasek Holdings), this funding positions Xnergy to lead innovation in wireless charging solutions.

Said Dr Hu Xiaolei, Chief Technology Officer of Xnergy: “This investment from Woori Venture Partners is a testament to the strength of our technology and potential to reshape autonomous electrified mobility. It provides us with the resources and strategic support needed to accelerate our expansion efforts. Together, we are not only advancing innovation but also ensuring that Xnergy continues to deliver cutting-edge solutions to meet the evolving demands of our customers worldwide.”

Xnergy has already deployed thousands of charging modules across more than 60 product categories from warehouse robots to ambulances, enabling over one million successful charging cycles globally. The company’s strategic focus includes increasing charging power to 10kW and beyond, catering to the evolving needs of robots and electric vehicles.

In addition to hardware, Xnergy offers advanced software solutions, including client and cloud platforms for monitoring charging performance. Customised charging curves for different batteries deliver faster charging times, while protecting battery life and maximising efficiency.

With a team of experts from top-tier companies like ON Semiconductor, HP and Porsche, Xnergy is uniquely positioned to tackle the challenges of high-power wireless charging. The company continues to leverage its international expertise, with 80% of the team boasting global experience and over half holding advanced degrees.

This partnership with Woori Venture Partners marks a significant milestone for Xnergy as it accelerates its growth trajectory, delivering next-generation wireless charging solutions to meet the demands of a rapidly transforming global market.

About Xnergy

Xnergy is the leading provider of high-power wireless charging solutions for all autonomous electrified mobility. Through its deployment-ready proprietary technology, it overcomes the limitations of traditional charging and enables a new way of power transmission – from electric vehicles to autonomous industrial robots. To date, thousands of modules have been deployed, effectively powering electrified mobility in nearly 40 countries.

The company also sets the industry standard for wireless charging, building an ecosystem of end users, regulators, and manufacturers to establish the strong foundation required for widespread adoption. To learn more, visit xnergytech.com.

About Woori Venture Partners

Woori Venture Partners is South Korea’s leading venture capital firm with a distinguished track record spanning over 40 years. Established in 1981, Woori Venture Partners has expanded its global presence with investment hubs in Silicon Valley, Shanghai and Singapore. With investments in over 2,000 companies, over 300 of which have successfully gone public, Woori Venture Partners is dedicated to driving innovation and fostering growth opportunities worldwide.

Woori Venture Partners officially opened its Singapore office in 2023, and its presence in Southeast Asia reflects the growing investment opportunities in the region. Woori Venture Partners has:

Cultivated a portfolio of close to 15 investments from Southeast Asia and India across diverse sectors including consumer, B2B, deep-tech and Web3Partnered Arkana Ventures, an Indonesia-based VC firm with a successful track record of investing in Southeast Asia, to focus on building disruptive early-stage startups across Southeast AsiaCollaborated with Saison Capital, the corporate venture capital arm of Credit Saison, to explore synergies on Web3 opportunities globally, with a particular focus on real-world assets and the intersection of financial services and blockchain

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SOURCE Xnergy Autonomous Power Technologies

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Nadcab Labs Launches 25-Day Wallet Development Guarantee for Decentralized Finance

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PRAYAGRAJ, India, Jan. 10, 2025 /PRNewswire/ — As decentralized finance (DeFi) continues to redefine the global financial landscape, the demand for secure and efficient DeFi wallets has skyrocketed. Nadcab Labs, a leader in blockchain innovation, is meeting this demand with its 25-day DeFi wallet development guarantee. This game-changing service ensures businesses can launch fully operational wallets rapidly, with a promise of a 10% discount if the timeline is not met. It offers a comprehensive DeFi wallet development service designed to empower businesses with fast, secure, and customizable solutions for the decentralized finance ecosystem. With a focus on rapid delivery, Nadcab ensures that clients can launch their wallets in just 25 days, gaining a competitive edge in the fast-evolving DeFi space.

The key benefits of Nadcab’s DeFi wallet development include rapid market entry, tailored solutions to meet specific business and user needs, advanced protection through encryption and multi-signature capabilities, and compliance support to navigate complex regulatory landscapes.

Additionally, they provide seamless user experiences with intuitive UX/UI designs, multi-chain compatibility for interoperability, and scalability to accommodate growing demands. To achieve such rapid development, they employ a modular architecture with pre-built components, an experienced team of blockchain experts, an agile methodology for iterative testing and deployment, and advanced toolsets to ensure precision and efficiency in every project.

“Nadcab Labs is redefining how DeFi wallets are developed. With our rapid delivery model and commitment to quality, we’re empowering businesses to capitalize on opportunities in the decentralized finance market,” said Aman Vaths, CEO of Nadcab Labs. “The 10% discount guarantee reflects our confidence in meeting deadlines without compromising on excellence.”

About Nadcab Labs

Nadcab Labs is a globally recognized blockchain consulting and development company specializing in DeFi, tokenization, and cryptocurrency solutions. The company’s mission is to drive innovation, scalability, and security in the decentralized economy.

For more information about Nadcab Labs’ DeFi Wallet Development services, visit www.nadcab.com.

Media Contact: Aman Vaths
Founder: Nadcab Labs
Email: info@nadcab.com
Phone: +91 8081059613

Social Media Links
Facebook – https://www.facebook.com/nadcablabs
Twitter – https://twitter.com/nadcablabs
LinkedIn – https://www.linkedin.com/company/nadcablabs
Instagram – https://www.instagram.com/nadcablabs/
YouTube – https://www.youtube.com/@nadcablabs

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GTPL Hathway Reports Stable Performance in Q3 FY25

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AHMEDABAD, India, Jan. 10, 2025 /PRNewswire/ — GTPL Hathway Limited, India’s largest Digital Cable TV Service Provider and a leading Broadband Service provider, announced its Financial Results for the Quarter ended December 31, 2024

Key Financial Highlights: 

Key Consolidated Business & Financial Highlights: Q3 FY25 (Y-o-Y)                                                                   

Q3 FY25 Total revenue stood at ₹ 8,957 million, a  growth  of  4%  Y-o-YEBITDA for Q3 FY25 stood at ₹ 1,138 million with an EBITDA Margin of 12.7 % and an operating EBITDA margin of 21.8%.Q3 FY25 Profit After Tax stood at ₹ 102 million.

 

Particulars (₹ in million)

Q3 FY25

Q3 FY24

Q2 FY25

FY24

Digital Cable TV Revenue

3,024

3,249

3,129

12,604

Broadband Revenue

1,383

1,352

1,367

5,268

TOTAL Revenue

8,957

8,607

8,620

32,460

EBITDA

1,138

1,305

1,138

5,111

EBITDA Margin (%)

12.7 %

15.2 %

13.2 %

15.7 %

Operating EBITDA* (%)

21.8 %

24.2 %

21.8 %

24.4 %

Profit After Tax

102

238

129

1,069

*Operating EBITDA (%) = (EBITDA net of Activation & Other income) / (Subscription+ ISP + Other Operating income)

Operational Highlights

Digital Cable TV

Active subscribers were 9.60 Mn as of December 31, 2024, with an increase by 200K Y-o-YPaying subscribers stood at 8.90 Mn, increasing by 200K Y-o-YTotal subscription revenue from Cable TV stood at 3024 Mn

Broadband

Increase in broadband subscribers by 37 K Y-o-Y thus standing at 1042 KHomepass as on December 31, 2024, stood at 5.95 Mn – an addition of 350 K Y-o-Y. Of the 5.95 Mn, 75% available for FTTX conversionBroadband average revenue per user (ARPU) stood at ₹ 465 per month per subscriber for the quarter, increased by ₹ 5 Y-o-Y.Average data consumption per user per month was 365 GB, an increase of 6% Y-o-Y

Commenting on the results, Mr. Anirudhsinh Jadeja – Managing Director, GTPL Hathway Limited said, 

“GTPL continues to consistently grow subscriber base across both business divisions, reflecting our commitment to provide best in class and innovative products and services to our customers. Our focus on providing a holistic experience for our subscribers has enabled us to maintain our position as the largest MSO in the country. We are confident of our growth in upcoming quarters in both the business segments based on favorable industry dynamics towards continued consolidation. “

About GTPL Hathway Limited

GTPL Hathway Limited is India’s largest MSO providing Digital Cable TV services and is one of the largest Private Wireline Broadband service providers in India. The Company is the largest Digital Cable TV and Wireline Broadband Service Provider in Gujarat & is a leading Digital Cable TV Service provider in West Bengal. The Company’s Digital Cable TV services reach 1,500 plus towns across India in 23 states. The company enjoys an expansive network, comprising over 47,000+ business partners, 200+ broadcasters, 1,750+ enterprise clientele, and active participation in 30+ government projects. The company offers an enviable catalogue of 970+ TV Channels with 130+ channels which are GTPL Owned & Operated Platform Services. As on December 31, 2024, the Company has 9.60 million Active Digital Cable TV Subscribers and 1.04 million Broadband Subscribers and a Broadband Home-pass of about 5.95 million.

Safe Harbor

Any forward-looking statements about expected future events, financial and operating results of the Company are based on certain assumptions which the Company does not guarantee the fulfilment of. These statements are subject to risks and uncertainties. Actual results might differ substantially or materially from those expressed or implied. Important developments that could affect the Company’s operations include a downtrend in the industry, global or domestic or both, significant changes in political and economic environment in India or key markets abroad, tax laws, litigation, labor relations, exchange rate fluctuations, technological changes, investment and business income, cash flow projections, interest, and other costs.  The Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date thereof.

Logo: https://mma.prnewswire.com/media/1982843/GTPL_Logo.jpg

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MotivatedSellers.com Launches Enhanced Platform for Real Estate Investors

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MotivatedSellers.com, formerly NeedToSellMyHouseFast.com, unveils its rebrand with a streamlined platform, real-time lead delivery, a new mobile app, and compliance updates to enhance transparency and efficiency for real estate investors.

AVENTURA, Fla., Jan. 9, 2025 /PRNewswire-PRWeb/ — NeedToSellMyHouseFast.com, a trusted name in motivated seller lead generation for real estate investors, is thrilled to announce its official rebranding to MotivatedSellers.com. This strategic move reflects the company’s growing commitment to delivering high-quality, real-time leads for real estate professionals, while offering robust support and innovative features to maximize deal-closing potential.

We’re here to deliver a direct, straightforward experience that lets real estate professionals and motivated sellers find each other quickly and efficiently.

“We’ve always believed that a great service deserves a great name,” said Sarah Moalem, Customer Success Manager at MotivatedSellers.com. “Our previous name, NeedToSellMyHouseFast.com, accurately described our service but was cumbersome—try spelling out ‘leads.needtosellmyhousefast.com’ over the phone. MotivatedSellers.com is not only simpler and easier to remember, but it also perfectly reflects our core mission of connecting real estate investors with motivated sellers.”

Introducing MotivatedSellers.com

MotivatedSellers.com is a lead generation service connecting motivated sellers directly to real estate investors, flippers, and agents seeking off-market opportunities. By leveraging advanced marketing strategies across multiple channels, the platform ensures a consistent flow of high-quality leads. Key highlights include:

Pay-Per-Lead Model: Pay only for good leads. With our generous return policy, you can dispute leads that don’t meet key criteria—such as being listed on the MLS, no-response leads, or mobile home leads—within 10 days for a return or credit.Real-Time Lead Delivery: We deliver leads as soon as they come in, ensuring you’re first in line to contact motivated sellers. While we don’t pre-vet each lead (to ensure speed and freshness), our 10-day dispute window covers invalid leads under our policy.Omnipresent Marketing Approach: Our team uses cutting-edge techniques and constant ad rotation to avoid ad fatigue, so you can focus on what you do best: closing deals. We advertise across multiple channels and refine our campaigns based on performance data.New Mobile App: Access, track, and manage your leads from anywhere with our mobile app. Get push notifications for new leads, so you never miss a hot opportunity.

Existing customers can log in seamlessly using their current credentials at motivatedsellers.com/leads. To ensure compliance with new FCC regulations and provide sellers with the confidence to connect, all users are required to update their Display Name, Display Photo, and Display Company—details sellers will see before granting consent for contact.

This simple update is essential to streamline the user experience for both sellers and investors while aligning with our commitment to transparency and regulatory compliance.

Future Features and Improvements

High-Motivation Alerts: If a seller resubmits their information, we’ll send you an alert indicating a potentially higher level of motivation. You won’t be charged for duplicate leads.New Appeal Process: While we strive to make fair decisions on all lead disputes, we recognize that mistakes can happen. Soon, you’ll have a one-time appeal process to challenge a denied dispute.Compliance Upgrades: MotivatedSellers.com is moving to a 1-to-1 consent model, aligning with new FCC guidelines. Sellers will see your name or company name before submitting information, granting you explicit consent to contact them.Improved Affiliate Program: We’re revamping our affiliate program with enhanced reporting and new marketing materials. In addition, commissions will shift from PayPal to direct deposit or lead credits—offering greater flexibility and convenience.

Why the Rebrand?

As the platform and its community of investors have grown, the company recognized that NeedToSellMyHouseFast.com—though descriptive—didn’t fully capture the essence of connecting investors with highly motivated sellers. Moreover, the lengthy domain name was often unwieldy and difficult to communicate. By transitioning to MotivatedSellers.com, the company can reinforce its core mission, simplify user onboarding, and ultimately provide a more memorable brand that resonates with both new and existing clients.

The name MotivatedSellers.com aligns perfectly with our vision,” added Sarah. “We’re here to deliver a direct, straightforward experience that lets real estate professionals and motivated sellers find each other quickly and efficiently.

To support the announcement, MotivatedSellers.com has prepared a comprehensive Press Kit. This kit includes the company’s updated logo, brand guidelines, and other assets that journalists and bloggers can easily reference when covering the brand.

About MotivatedSellers.com

Formerly NeedToSellMyHouseFast.com, MotivatedSellers.com has been a leading resource in off-market real estate for investors nationwide. We pride ourselves on delivering real-time, high-quality leads backed by a fair return policy, a dedicated mobile app, and a highly effective, omnipresent marketing strategy. Our mission is to simplify the process of finding and contacting motivated sellers, allowing real estate professionals to focus on what matters most: closing deals.

Media Contact
David Saba, MotivatedSellers.com, 1 (305) 771 1557, press@motivatedsellers.com, MotivatedSellers.com

View original content to download multimedia:https://www.prweb.com/releases/motivatedsellerscom-launches-enhanced-platform-for-real-estate-investors-302345533.html

SOURCE MotivatedSellers.com

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