Sensehawak Related News and Reliance industries

 

Reliance industries to acquire 79.4% stake in US-based SenseHawk for $32 million...


  • Oil to telecom conglomerate Reliance industries (RIL) has entered into sensehawak Inc. for acquiring 79.4% stake in the company, through primary infusion and secondary purchase, for a total consideration of $ 32 million, the company said on Tuesday.
  • Founded in 2018 sensehawak is an early -stage California -based management tools for the solar energy generation industry.

  • Sensehawak helps accelerate solar project from planning to production an by helping companies streamline process and use automation . It provides a solar digital platform to manage the end to end solar asset lifecycle.the turnover of sensehawak for FY 2022 , FY 2021 and FY 2020 was $2326369, $1165926 and $1292063 respectively.


  • Rahul sankhe , president and co-founder, SenseHawk said, We are an a mission to improve the solar energy ecosystem acquiring 50% of the market by 2025 and with RIL as our partner, we will accelerate on our execution to word that goal...

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