Prateek Singhal (Ecozen)
Overview
Prateek Singhal is an entrepreneur known for his significant contributions to the fields of renewable energy and footwear innovation in India. He is the co-founder and Chief Operating Officer (COO) of Ecozen Solutions, a Pune-based company that specializes in climate-smart technology solutions primarily focused on the agricultural sector. Singhal is also a co-founder of Yoho, a direct-to-consumer footwear startup. Through these ventures, Singhal has leveraged his engineering background to promote sustainable technologies and innovative consumer products.
Recent Developments
- January 15, 2025: Ecozen Solutions secured over USD 23 million in debt funding to expand its climate-smart solutions. The funding round involved prominent investors, including responsAbility Investments AG and Northern Arc Capital, and is directed toward scaling Ecozen’s flagship products like Ecotron and Ecofrost.
- October 15, 2024: Yoho, the footwear startup co-founded by Singhal, raised Rs 27 crore in a funding round led by Gulf Islamic Investments. The funds are earmarked for growth initiatives, research and development, and international expansion.
- July 30, 2024: Ecozen announced a partnership with Volektra to develop sustainable EV technology by integrating Ecozen’s controllers with Volektra’s innovative conversion units.
- April 2023: Ecozen launched the Ecotron Single Phase Controller, aimed at optimizing solar power usage for irrigation, with the potential to power both farm and household appliances.
Personal Information
| Attribute | Information |
|---|---|
| Full Name | Prateek Singhal |
| Born | Not publicly available |
| Nationality | Indian |
| Occupation | Entrepreneur, Co-founder & COO at Ecozen Solutions, Co-founder at Yoho |
| Known For | Co-founding Ecozen Solutions and Yoho, promoting climate-smart and innovative consumer products |
| Net Worth | Not publicly available |
| Education | IIT Kharagpur (Engineering) |
Early Life and Education
Prateek Singhal's early life details are not widely chronicled, but his academic journey is notably distinguished by his education at the Indian Institute of Technology (IIT) Kharagpur, where he completed his degree in engineering. His formative years at IIT Kharagpur played a pivotal role in shaping his entrepreneurial spirit and interest in sustainable technologies. It is here that he met his future co-founders, Devendra Gupta and Vivek Pandey, with whom he established Ecozen Solutions.
Career and Notable Achievements
Prateek Singhal's professional trajectory is marked by several entrepreneurial ventures and innovations:
- Ecozen Solutions (2010 - Present): Co-founded with Devendra Gupta and Vivek Pandey, the company focuses on climate-smart technology for agriculture. It developed products like Ecotron, a solar-powered pump controller for irrigation, and Ecofrost, a solar-powered cold storage solution.
- Achievements: Ecozen has successfully impacted over 100,000 farmers, producing more than 1 billion units of clean energy and significantly reducing greenhouse gas emissions.
- Yoho (2021 - Present): Co-founded Yoho, a footwear brand that blends affordability with high-tech design, leveraging his interest in technology and consumer products.
- Achievements: Raised significant investment for expansion and development, marking a successful penetration in both domestic and international markets.
Current Work and Impact
Prateek Singhal continues to spearhead initiatives at Ecozen, focusing on sustainable energy solutions that cater to the agricultural sector and beyond. Under his leadership, Ecozen has positioned itself as a key player in renewable energy applications for agriculture, with a specific focus on expanding into international markets like Africa and Southeast Asia. Meanwhile, Yoho is expanding its product offerings and pursuing a robust offline and online presence, catering to a broader consumer base.
Ecozen Solutions
Ecozen Solutions is a pivotal venture in Prateek Singhal's career, focusing on the development of advanced technology solutions for agriculture:
- Ecotron: A solar-powered pump controller enhancing the efficiency and sustainability of irrigation systems.
- Ecofrost: A solar cold storage system aimed at minimizing post-harvest losses and preserving produce quality.
Prateek Singhal Yoho
Yoho is a direct-to-consumer footwear brand co-founded by Prateek Singhal, aimed at filling a market gap between expensive designer footwear and affordable, high-quality options:
- Product Innovation: Utilizes A.I. and advanced materials to produce orthopedic and environmentally conscious footwear.
- Market Strategy: Emphasizes online sales with plans for expanding into offline retail sectors both domestically and internationally.
Conclusion
Prateek Singhal has cemented his reputation as an innovative entrepreneur committed to sustainability and technological advancement. Through Ecozen and Yoho, he continues to influence the sectors of renewable energy and consumer products, with a lasting impact marked by sustainable practices and innovative solutions tailored to modern challenges. His ongoing ventures maintain a significant potential for expanding their impact globally and breaking new ground in sustainable consumer and agricultural technologies.