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Trane Launches Climate Changer Magicube Air Handling Unit in Asia Pacific

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Modular Design Leads to New Experience of Convenient Installation

SHANGHAI, July 11, 2024 /PRNewswire/ — Trane®, a strategic brand of Trane Technologies (NYSE: TT), a global climate innovator, announced the launch of the revolutionary Climate Changer Magicube (CLCM) air handling unit to address the challenges associated with the installation and maintenance of air conditioning equipment in modern buildings. Featuring with an innovative modular design, the CLCM unit simplifies installation and maintenance processes significantly, which also effectively reduces the cost associated with constructing, operating and maintaining the building’s air-conditioning system, and creates a clean and comfortable environment with high-quality air for users.

During the installation of air handling unit in mixed-development and office buildings, it is often to encounter the issue of needing to dis-assemble and re-assemble the unit due to limited space. However, traditional air handling units are often complex to dis-assemble and re-assemble, making the process time-consuming and labor-intensive. Additionally, this can potentially damage the unit and lead to problems like air and heat leakages.

“With its compact individual modules, the innovative CLCM unit is easy to move and assemble on-site, making it especially suitable for mixed-development and office buildings with limited installation space that require multiple reassemblies,” said Bruce Gu, Vice President of Engineering and Technology at Trane Technologies Asia Pacific. “Building on Trane’s century-long history of climate control technology, we expect this new product to continuously provide our customers with more flexible and efficient air conditioning solutions.”

Customize air conditioning solutions with flexible Magicube combinations

This new product features a unique modular connecting design that allows for flexible combinations: side-by-side combination to increase air volume; front-to-back combination to expand functionality. This innovative design enables customers to tailor the system according to their specific demand, providing better customization experience. Another significant highlight is its standardized design. All models are equipped with the fans, filters and other common components of standard sizes. Combined with the universal coil for left-hand and right-hand configurations and a pull-out coil design, the coil connection side can be flexibly adjusted on-site, making installation and maintenance more convenient. This not only expands the application range of the product, but also frees the customers from a large stock of spare parts. In addition, this product series is also smaller in size compared to traditional air conditioning units, which can further save costs for the customers.

For the appearance design, CLCM unit features a new casing made of high-strength frames. This robust casing not only prevents damage during transportation and re-assembly, which may lead to issues like air leakage and heat transfer, but also ensures the efficient performance with a low thermal transmittance. Additionally, the unit is equipped with a step-shape panel design that further reduces the air leakage rate and the risk of cold bridge condensation with multiple sealing measures, thereby improving the overall performance, quality and reliability of the product. Moreover, the interior of the new casing structure is smoother and cleaner, making it less prone to dust accumulation and easier to maintain.

In terms of energy conservation and environmental protection, Trane has set a higher benchmark with a forward-looking vision. The CLCM unit series is equipped with EC fans that offer superior economic value. Under full-load operation, these fans can save energy by 15%-30% compared with ordinary fans using AC motors, achieving the market-leading Grade1 of Grade 2 energy efficiency level.

In addition, the CLCM unit innovatively introduces a QR code solution for on-site assembly. Upon arrival at the installation site, the customer’s personnel can simply scan the QR code on the product to access 3D installation instructions that provides a clear display of sorting information and installation sequence, enabling easy assembly of the equipment even without professional guidance. This significantly improves the efficiency and quality of the installation process.

Ensure healthy air with dual-mode sterilization

Given the significant rise in concern for health and environmental protection in recent years, the CLCM series is specially designed with a dual-mode system. This system includes a built-in high-voltage electrostatic sterilization device and a plug-in photocatalyst sterilization device, ensuring users enjoy better air quality.

In the high-voltage electrostatic sterilization mode, tiny particle pollutants smaller than 0.01 micron will be adsorbed on the dust collection plate by the energy instantly released from the high-voltage charge. This mode can achieve a PM2.5 purification rate of 99% and a sterilization rate of 99.6% within one hour, and it can eliminate 99% of influenza virus within two hours, effectively improving indoor air quality.

Additionally, in the plug-in photocatalytic sterilization mode, the CLCM unit can degrade organic pollutants such as formaldehyde, benzene and ammonia. It can achieve a disinfection rate of up to 99.99%, a sterilization rate of up to 99.68%, and a TVOC purification rate of 78.9% within two hours. Furthermore, negative oxygen ions are released during the sterilization process to further purify the air.

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About Trane Technologies

Trane Technologies is a global climate innovator. Through our strategic brands Trane® and Thermo King®, and our portfolio of environmentally responsible products and services, we bring efficient and sustainable climate solutions to buildings, homes and transportation. For more on Trane Technologies, visit tranetechnologies.com.

About Trane

Trane – by Trane Technologies (NYSE: TT), a global climate innovator – creates comfortable, energy efficient indoor environments for commercial and residential applications. For more information, please visit www.trane.com or www.tranetechnologies.com.

 

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SOURCE Trane Technologies

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Trupeer AI Appoints Former UiPath APAC President & CEO Raghu Subramanian to Accelerate UK Enterprise Growth

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LONDON, June 19, 2026 /PRNewswire/ — Trupeer AI, the workflow knowledge layer for teams and AI agents, today announced the appointment of Raghu Subramanian as President and Chief Business Officer as the company accelerates its expansion in the United Kingdom, one of Europe’s most knowledge-intensive enterprise markets. Backed by RTP Global, Salesforce Ventures and trusted by more than 50,000 teams in over 100 countries, Trupeer is strengthening its leadership team to scale adoption across enterprises, financial and professional services firms, and technology-enabled business services companies.

The United Kingdom represents a strategic priority for Trupeer. London’s financial services and professional services sectors rank among the most compliance-documented, knowledge-intensive industries anywhere in the world, where process knowledge is a regulatory artifact, not a nice-to-have. UK enterprises are also among Europe’s largest buyers of global business services, operating capability centres across multiple countries, placing them squarely on the demand side of the cross-border knowledge distribution challenge Trupeer is built to solve. For organisations managing teams and processes across geographies, the ability to capture knowledge once and deploy it in 120+ languages is operational infrastructure, not a feature. The depth of this opportunity is already visible in Trupeer’s deployments: a FTSE 100 company used the platform to train thousands of employees across a multi-country IT transformation, saving over 9,000 hours in the process.

Raghu joins from a distinguished career at the forefront of enterprise automation. As a founding member of the management team at UiPath, he was part of the core executive team that helped build the company into a $35+ billion NYSE-listed enterprise. He established UiPath’s India operations in 2016 and later served as President & CEO for India and APAC. Bringing over 25 years of enterprise technology leadership, Raghu has built and scaled enterprise businesses across global markets, with deep expertise in automation, business process management, and enterprise AI adoption. Prior to joining UiPath, he served as CTO of EXL Service.

At Trupeer, he will lead the company’s next phase of commercial expansion, with a sharp focus on UK-headquartered enterprises and the demand side of European global capability centre networks. Trupeer’s platform transforms unstructured, multimodal workflows into SOPs, guides, training assets, studio-quality videos, and continuously updated, AI-ready context for employees and intelligent agents, delivering knowledge transfer in 120+ languages.

Shivali Goyal, CEO and Co-Founder, Trupeer AI, said, “Raghu has spent decades helping organisations adopt and scale transformative technologies and brings deep experience in building enterprises globally. Having seen first-hand the challenges enterprises face in organisational knowledge and agentic AI enablement, Raghu immediately resonated with our vision and the momentum Trupeer has built globally. His expertise will help us strengthen our commercial capabilities, deepen partnerships, and unlock the next phase of growth at Trupeer.”

Raghu Subramanian, President and Chief Business Officer, Trupeer AI, said, “Enterprises have long struggled to get real value from AI, and the reason is fragmented context. The knowledge that makes AI useful sits trapped in people’s heads and scattered across tools. In the agentic AI era, where agents are only as good as the context they run on, that gap becomes the difference between AI that works and doesn’t. This is the gap Trupeer was built to close. I look forward to partnering with enterprises and organisations across the globe to build the context layer that makes enterprise knowledge structured, accessible, and actionable, and AI genuinely useful.”

About Trupeer

Trupeer AI is the workflow knowledge layer for enterprises that enables teams and AI agents. The company helps organizations capture critical operational knowledge that is often trapped in the minds of subject matter experts and scattered across tools, transforming it into structured, accessible, and queryable knowledge. Its platform captures enterprise workflows and turns unstructured, multimodal input into SOPs, guides, studio-quality videos, training assets into 120+ languages and continuously updated, AI-ready context that intelligent agents can leverage, making institutional knowledge accessible, actionable, and queryable. Backed by RTP Global and Salesforce Ventures, Trupeer supports more than 50,000 teams in over 100 countries, including Fortune 100 enterprises, Global Capability Centers and technology-enabled business services companies.

Further details: https://www.trupeer.ai/

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Resilience Actions, a Re Sustainability Initiative, Launches ECOHUB.IN to Power India’s Climate and Circular Economy Innovation Ecosystem

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HYDERABAD, India, June 19, 2026 /PRNewswire/ — Resilience Actions, the social and environmental impact initiative of Re (Re Sustainability), has launched ECOHUB.IN, a sustainability-focused incubator designed to support early-stage enterprises working in climate and clean-tech, pollution management, resource efficiency, circular economy, and sustainability innovation.

The initiative is aimed at startups that have moved beyond the ideation stage and are ready for commercial scale, with a working Minimum Viable Product (MVP), a committed team, and a clearly defined market opportunity.

As India advances towards a low-carbon and circular economy, the demand for innovative sustainability solutions continues to grow. However, many promising ventures face challenges in scaling due to limited access to mentorship, catalytic capital, industry partnerships, pilot opportunities, and business validation. ECOHUB.IN has been established to bridge these gaps and help transform high-potential sustainability ventures into scalable businesses capable of delivering measurable environmental and social impact.

Through the incubator, participating startups will gain access to mentorship, technical and business advisory support, investment-readiness assistance, pilot-to-commercial pathways, ecosystem partnerships, and opportunities for industry integration. A key differentiator of ECOHUB.IN is its connection to Re’s extensive operational ecosystem, enabling selected ventures to engage with domain experts, validate solutions in real-world environments, and explore pathways for commercial deployment and scale.

Commenting on the launch, Masood Mallick, Managing Director and Group CEO, Re (Re Sustainability), said:

“India’s sustainability transition will not be driven by infrastructure alone. It will be driven by innovation, entrepreneurship, and the ability to scale ideas that solve real environmental challenges. Through ECOHUB.IN, we are creating a platform that brings together innovators, startups, industry leaders, investors, academia, and policymakers to accelerate solutions that are commercially viable, environmentally responsible, and capable of delivering measurable impact.

India has no shortage of ideas. What is often missing is the ecosystem that helps transform those ideas into scalable enterprises. ECOHUB.IN is designed to bridge that gap by providing mentorship, industry access, business validation, and pathways to commercial adoption. By combining the strengths of innovation with the experience and operational ecosystem of Re Sustainability, we hope to enable the next generation of climate and circular economy entrepreneurs to build solutions that contribute meaningfully to India’s sustainability journey and create lasting value for society, industry, and the planet.”

Over time, ECOHUB.IN aims to strengthen India’s sustainability innovation ecosystem by supporting ventures that reduce pollution, improve resource efficiency, advance circularity, create green jobs, enable decarbonization, and contribute to a more resilient future.

Applications for the inaugural cohort will open shortly through ECOHUB.IN.

About Resilience Actions

Resilience Actions is the social and environmental impact initiative of Re Sustainability, focused on building resilient communities through sustainability, innovation, capacity building, and ecosystem partnerships.

Learn more: resilience.org.in | ecohub.in 

About Re Sustainability

Re Sustainability (Re), a KKR company, is one of Asia’s leading providers of integrated environmental and sustainability solutions, delivering waste management, circular economy, water, remediation, and sustainability infrastructure solutions across India and international markets.

Learn more: resustainability.com

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SOURCE Re Sustainability Limited

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IIFL Capital Launches Algo Marketplace with Over 100 Ready-Made Strategies

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MUMBAI, India, June 19, 2026 /PRNewswire/ — IIFL Capital Services Limited (https://www.iiflcapital.com) today announced the launch of its next-generation algorithmic trading platform. The platform offers access to more than 100 ready-made exchange-approved algorithmic trading strategies, making sophisticated trading tools accessible to a wider investor base.

Algorithmic trading has emerged as one of the fastest-growing segments in global capital markets, driven by advances in technology, data analytics and automation. In India, increasing regulatory clarity and growing investor adoption are accelerating the shift towards systematic and rules-based trading approaches.

Commenting on the launch, Rachit Mehta, Head of Products and Platform, IIFL Capital, said:

“For over three decades, IIFL has been at the forefront of innovation in India’s financial services industry. From pioneering digital investing solutions to building cutting-edge trading infrastructure, technology has been central to our growth journey. The launch of our Algo Marketplace marks another important milestone in that evolution.”

“With access to over 100 ready-made strategies, a robust technology architecture and participation from leading exchange-approved strategy providers, I believe we have created one of the most comprehensive algorithmic trading ecosystems in the country. Our objective is to democratize access to sophisticated trading strategies and empower investors with institutional-grade tools through a simple and intuitive platform.”

The launch further strengthens IIFL Capital’s position as a technology-led financial services institution. Over the past three decades, the company has consistently invested in digital innovation, helping millions of investors access capital markets through advanced yet user-friendly solutions.

As algorithmic trading continues to gain momentum in India, IIFL Capital’s platform aims to bridge the gap between institutional-grade technology and retail investor participation, bringing automation, discipline and data-driven decision-making to a broader audience.

About IIFL Capital Services Ltd

IIFL Capital Services Ltd (formerly known as IIFL Securities Limited) (NSE: IIFLCAPS) (BSE: 542773) is one of the key capital market players in the Indian financial services space. IIFL Capital offers broking services, wealth management, financial products distribution, institutional broking, research and investment banking services.

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