Puneet Singh Jaggi is widely known as the founder of Prescinto Technologies and Co-Founder of Gensol. With his extensive experience in the field of clean energy and sustainable mobility, he has been instrumental in shaping the future of transportation in India. In addition, his impressive track record includes his former directorship of Blusmart Mobility, India’s first electric ride-hailing service. The company’s fleet of electric cabs is significantly impacting the Delhi NCR region, despite being only 4 years old. Under Jaggi’s leadership, Prescinto Technologies has raised an impressive total funding of $19.7 billion, while Blusmart stands at a whopping $67 billion.
Jaggi’s accomplishments have not gone unnoticed, with predictions that after the success of Blusmart Mobility, Tata Motors will upscale its EV projects and increase production. The idea of having electric cabs is a much-needed initiative for environmental protection, and Jaggi’s work is at the forefront of this movement.
PUNEET SINGH JAGGI EARLY LIFE
Puneet Singh Jaggi was raised alongside his brother Anmol Singh Jaggi in Panchkula, Haryana. He received his training as a Chemical Engineer from IIT Roorkee, one of India’s premier educational institutions, with the intention of serving the oil and gas sector. However, he found his true calling in the field of clean and sustainable energy instead. With an unwavering commitment to making a positive difference, he embarked on a journey to become an entrepreneur.
“Entrepreneurship to me is the surest way to create a meaningful impact. That’s the reason I became an entrepreneur straight out of college.”
– Puneet
PUNEET SINGH JAGGI’S CAREER TRAJECTORY
Jaggi’s passion for the environment led him to co-found Gensol in 2007 with his brother Anmol Singh Jaggi and later went on to establish Prescinto Technologies Private Limited in 2016 to reform the clean energy sector. Prescinto Technologies provides AI-based analysis to clean energy projects around the globe, improving their efficiency and output. His leadership has been instrumental in raising funding for Prescinto Technologies.
In addition to his work at Prescinto, Puneet Co-founded and served as the director of Blusmart Mobility from 2019 to November 2021. The lower prizes of Blusmart’s electric cabs have garnered significant attention, and his brother Anmol currently serves as the Blusmart Mobility CEO.
Puneet is also the director of a joint company, Solarig Gensol Pvt Ltd, founded in 2015, which is a joint venture between Gensol and Solarig from Spain.
ACHIEVEMENTS OF PUNEET SINGH JAGGI
Puneet Singh Jaggi’s passion for the environment and his desire to create a better future through new energy technologies have led him to achieve substantial success as an entrepreneur. He has been praised in India for his exponential growth and achievements with Blusmart electric cabs, which generate more income in Indian households due to their low running costs.
- Starting with Gensol, he made it into India’s largest renewable energy services firm.
- Prescinto has been deemed the most intelligent data platform in the clean energy industry.
- Puneet has advised 30 GW of clean energy projects and digitized 10 GW, with 3 GW of renewable energy projects currently under his operation.
- He leads a team of 800 renewable energy technocrats with his businesses spread across 14 countries.
- Puneet has formed essential alliances with global companies and brought in valuable investors to accelerate growth in his running and upcoming projects.
PUNEET’S VISION AND APPROACH
Puneet strongly believes that renewable power is the future of the world, and he is determined to leverage technology to bring about momentous changes.
“I am a growth junkie, and technology offers miraculous, non-linear and profitable growth.”
– Puneet
His current ambition and vision are directed towards working with Blusmart Mobility Co-Founder Anmol Singh Jaggi to make it the first-ever ride-hailing company which attains profits through its revenue and keeps the cab owners happy.
Puneet is an inspiration for a generation of young entrepreneurs who aspire to make a meaningful impact. Puneet’s work is a modern and humble way of serving humanity, and it is going to make a great difference in the future. Being one of the rare entrepreneurs working in the renewable energy sector and achieving substantial success distinguishes Puneet as not only a leader but also an inspiration for a generation of young entrepreneurs.
