EKI Energy Services has announced an investment in Tvasta Manufacturing Solutions, a Chennai-based company engaged in additive manufacturing. The move involves a minor equity stake and is intended to generate returns on EKI’s surplus funds. The partnership is expected to be formalised by April 30, 2025.
Founded in 2016 by Adithya Jain, Parivarthan Reddy, and Vidyashankar, Tvasta focuses on research, design, and production using 3D printing technology. The company claims its automation-based platforms can automate up to 80% of production workflows using a combination of robotics and material science.
The collaboration will involve EKI’s active engagement in Tvasta’s operations, particularly in areas related to 3D printing. EKI primarily operates in the carbon credit market and is seeking to diversify its investment portfolio.
“This partnership is a strategic step towards diversifying our portfolio while ensuring sustainable returns on our surplus funds,” said Manish Dabkara, Chairman and Managing Director of EKI Energy Services.
Jay Prakash, CFO of Tvasta, stated, “This partnership with EKI strengthens our ability to accelerate innovation, scale operations, and expand our market presence as we continue to push the boundaries of additive manufacturing.”