As 2024 comes to a close, VCE reflects on a year of remarkable achievements—a year defined by successful project execution, team expansion, global growth, and a bold venture into the technology business. Through our commitment to scaling infrastructure and technology solutions, we have strengthened our position as a leading force in water infrastructure and emerging tech-driven impact sectors.
Major Achievements in 2024
1. Successful Execution of Large-Scale Water Infrastructure Projects
This year, VCE made significant progress in implementing multiple water projects, ensuring sustainable access to clean drinking water for millions. The Raichur Rural Drinking Water Scheme remains a flagship initiative, providing safe drinking water to 1.7 million people through a 160 million liters-per-day treatment capacity and a 4,000 km distribution network.
2. Expanding Our Team and Leadership
To support our rapid growth, we welcomed new leadership and team members, including Ashot Teravanesian as Group CFO and Manish Shrivastava as COO of Tech Business in India. This expansion strengthens our ability to execute high-impact projects while driving strategic growth in new markets.
3. Entering Global Markets
Building on our success in India, we expanded into Central America and Africa, focusing on water infrastructure solutions supported by innovative financing models in collaboration with ECAs and development banks. These efforts position VCE as a key player in addressing global water challenges.
4. Venturing into Technology Business
2024 marked the beginning of VCE’s foray into the tech business, where we began partnering with disruptive global technology firms to bring AI-driven infrastructure solutions, sustainability innovations, and geospatial intelligence to India.
Message from Alon, CEO & Co-Founder of VCE
“2024 has been a transformative year for VCE. We have successfully scaled our impact, delivering life-changing water infrastructure projects while expanding our footprint globally. Our entry into the technology business marks a new chapter, allowing us to integrate innovation into our core mission. I want to personally thank our dedicated team, partners, and investors who have been instrumental in making this year a success. As westep into 2025, we remain committed to driving large-scale, high-impact projects that improve lives and reshape industries worldwide.”
Looking Ahead to 2025
With a strong foundation and an ambitious vision, VCE is poised for an even bigger year ahead. Our focus remains on scaling water infrastructure, expanding global partnerships, and integrating innovative solutions that drive lasting change.
Thank you for being part of our journey. Here’s to an even more impactful 2025!