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Luminous Power Technologies

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Luminous Power Technologies Pvt. Ltd.
Luminous
Company typePrivate
IndustryElectric power
Founded1988; 37 years ago (1988)
FounderRakesh Malhotra
Headquarters,
Area served
Worldwide
Key people
Preeti Bajaj (MD and CEO)
Ganesh Moorthi (CTO)
Neelima Burra (CMO)
Sant Kumar Verma (CFO)
BrandsLuminous
Amaze
OwnerSchneider Electric (74%)
Websiteluminousindia.com

Luminous Power Technologies Pvt. Ltd., stylized as LUMINOUS is an Indian electricals and home appliances manufactures company, 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]

History

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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]

See also

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References

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  1. ^ "Luminous Power Technologies appoints Preeti Bajaj as its new MD & CEO". ETEnergyworld.com. Retrieved 21 August 2024.
  2. ^ "In a first, DD Kisan channel to launch two AI anchors". The Times of India. 24 May 2024. ISSN 0971-8257. Retrieved 23 August 2024.
  3. ^ "How Rakesh Malhotra's Luminous Power Technologies exploited market's need of low-cost inverter". The Economic Times. 14 May 2012. ISSN 0013-0389. Retrieved 21 August 2024.
  4. ^ "From Rs 40K to Rs 1,866 cr: Success story of Luminous' Malhotra". Rediff. Retrieved 29 August 2024.
  5. ^ a b "RR Kabel acquires Luminous' home electrical business from Schneider". zeenews.india.com. Retrieved 21 August 2024.
  6. ^ "Schneider acquired Luminous in 2011". livemint.com. 1 June 2011.
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