Luminous (company)
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Luminous Power Technologies Pvt. Ltd. is an Indian company that manufactures Electric power products for home and commercial use. Its headquarters is based in Gurgaon, India. Their products include Inverter, Batteries, Solar off-grid and battery. Since July 1, 2022 Preeti Bajaj is MD and CEO of Luminous Power Technologies.[1] Indian former cricketer Sachin Tendulkar is brand ambassador of LPT since May 2010.[2]
| Luminous | |
| Company type | Private |
| Industry | Electric power |
| Founded | 1988 |
| Founder | Rakesh Malhotra |
Key people | Preeti Bajaj (MD and CEO) Ganesh Moorthi (CTO) Neelima Burra (CMO) Sant Kumar Verma (CFO) |
| Brands | Luminous Amaze |
| Website | luminousindia |
History
[edit]Luminous Power Technologies was founded in 1988 by engineering graduate Rakesh Malhotra. Luminous was seeded with 4 people in 600 sq ft space in South Delhi.[3][4]
In 2011, French company Schneider Electric acquired a 74% stake of Luminous Power.[5][6]
In April 2022, wires and cables manufacturer RR Kabel Ltd. acquired Luminous Power's Home Electrical Business (HEB) from Schneider Electric.[5]
External links
[edit]Official website [1]
See also
[edit]References
[edit]- ^ www.ETEnergyworld.com. "Luminous Power Technologies appoints Preeti Bajaj as its new MD & CEO - ET EnergyWorld". ETEnergyworld.com. Retrieved 2024-08-21.
- ^ "In a first, DD Kisan channel to launch two AI anchors". The Times of India. 2024-05-24. ISSN 0971-8257. Retrieved 2024-08-23.
- ^ "How Rakesh Malhotra's Luminous Power Technologies exploited market's need of low-cost inverter". The Economic Times. 2012-05-14. ISSN 0013-0389. Retrieved 2024-08-21.
- ^ "From Rs 40K to Rs 1,866 cr: Success story of Luminous' Malhotra". Rediff. Retrieved 2024-08-29.
- ^ a b "RR Kabel acquires Luminous' home electrical business from Schneider". zeenews.india.com. Retrieved 2024-08-21.
- ^ "Schneider acquired Luminous in 2011". livemint.com. 1 June 2011.