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Indian Angel Network Plans to Invest Rs 3.5 Cr in Pune-based Auto Parts Startup SparesHub

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PUNE – Asia’s largest network of Angel investors has decided to invest Rs. 3.5 crores in Pune-based Automobile start-up, SparesHub. The members of IAN namely, Neeraj Garg, Harsh Gandhi, Ankur Aggarwal will lead the funding for the automobile startup, SpareHub. This funding of Rs. 3.5 crores will be utilised by SpareHub for its geographical expansion and to strengthen its technology capabilities. SparesHub, with the help of its 27 employees makes available the auto parts to various car-owners.

Since the time it came into action, SpareHub has been working to disintermediate and digitise the automobile part industry in India. Before the start of SpareHub, the car owner companies used to get all the auto parts at a high price and also they used to face a lot of difficulty in getting access to automobile parts. This unit deals with B2B customers and works with India’s leading car companies. The motive of SpareHub is to make available OEM and OES parts available to its customers.

The President and Co-founder of Indian Angel Network has said that the firm has decided to invest in the auto startup after taking into consideration various factors into account. It is the team’s unique business model, vision, strategy, a strong technological framework which has appealed to us to invest in this startup. This company has the capability to emerge as the leading player in its domain and it would enhance its product at a constant rate. You can even review the products of ShareHub at autonerdreview.

The CEO of SparesHub, Tapas Gupta expressed his gratitude to IAN for showing trust in their company’s business model. He said that the main motive of their firm is to constantly challenge the traditional methodologies and ensure complete customer satisfaction. Also, he showed hopes for working in collaboration with IAN in the future.

Jenny is one of the oldest contributors of Bigtime Daily with a unique perspective of the world events. She aims to empower the readers with delivery of apt factual analysis of various news pieces from around the World.

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Business

Mega Construction Projects That Relied on Advanced Crane Technology

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When it comes to large-scale construction projects, the right equipment can make all the difference. From towering skyscrapers to massive bridges and complex infrastructure developments, cranes play a crucial role in lifting, transporting, and positioning heavy materials with precision and efficiency. As technology has advanced, so too has crane engineering, allowing for safer and more ambitious builds. In the points below, we take a closer look at some of the world’s most impressive mega construction projects that relied on cutting-edge crane technology to bring them to life.

Burj Khalifa – Dubai, UAE

Standing at a staggering 828 metres, the Burj Khalifa remains the tallest building in the world. Constructing such a colossal structure required cranes that could operate at extreme heights. Specialised luffing-jib tower cranes were employed to lift materials hundreds of metres into the air, battling high winds and desert heat. These cranes were anchored to the structure itself as it rose, ensuring stability and precision throughout the build.

Sydney Metro – Australia

As Australia’s largest public transport infrastructure project, the Sydney Metro has transformed the way people move around the city. The project required massive tunnel boring machines (TBMs) to carve underground routes, but just as critical were the cranes used to transport and position enormous precast concrete segments. Mobile and crawler cranes with advanced hydraulic systems played a key role in assembling stations and track infrastructure with minimal disruption to existing road networks.

Hong Kong-Zhuhai-Macau Bridge – China

This engineering marvel, stretching 55 kilometres across the Pearl River Delta, is one of the longest sea crossings ever built. Given its scale, floating cranes with immense lifting capacity were used to position pre-fabricated bridge sections. Some of these cranes had lifting capabilities exceeding 3000 tonnes, demonstrating the sheer power and precision required for such a complex marine project.

The Panama Canal Expansion – Panama

The expansion of the Panama Canal was one of the most ambitious infrastructure projects in recent history, involving the construction of massive new lock chambers. Gigantic gantry cranes were used to install the enormous steel lock gates, some weighing over 3000 tonnes. These cranes had to operate with pinpoint accuracy to ensure the seamless functioning of the canal’s new locks, allowing for the passage of larger vessels.

Hinkley Point C Nuclear Power Station – UK

The construction of this next-generation nuclear power plant has required some of the world’s most advanced heavy-lift cranes. The site features one of the largest land-based cranes in the world, capable of lifting reactor components that weigh hundreds of tonnes. These high-tech cranes have been crucial in ensuring the safe and efficient assembly of the plant’s intricate infrastructure.

The Role of Advanced Crane Technology in Modern Construction

Each of these projects would have been impossible without the evolution of crane technology. Innovations such as digital load monitoring, autonomous operation, and enhanced safety systems have allowed cranes to handle heavier loads with greater precision than ever before. For companies tackling complex construction projects, working with an experienced crane hire provider is essential. Businesses like Sventek Cranes offer cutting-edge crane solutions, ensuring that even the most ambitious projects can be completed safely and efficiently.

Mega construction projects continue to push the limits of engineering and design, and advanced crane technology remains at the heart of these achievements

Whether it’s lifting components for a record-breaking skyscraper or positioning bridge segments over open water, cranes will always be an integral part of building the world’s most remarkable structures. By leveraging state-of-the-art crane systems, today’s construction industry is making the impossible possible – one lift at a time.

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