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ConnectM Acquires Geo Impex, Securing Regulatory-Approved Site for AI-Driven Data Center and Multimodal Logistics Park Development

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ConnectM

ConnectM Technology Solutions, a high-growth technology company powering the modern energy economy, announced the acquisition of Geo Impex & Logistics Private Limited (โ€œGeo Impexโ€), an India-based developer of sustainable logistics infrastructure.

The site benefits from full industrial development approval via state-level single-window c******** and offers feasibility to integrate a dedicated rail-siding infrastructure, leveraging its proximity to the railway station. Additionally, it has received preliminary government and environmental approvals to host a world-class Multimodal Logistics Park as well as a next-generation AI Data-Center campus.

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Building the Gateway Between Energy, Logistics, and Intelligence

Through this strategic acquisition, ConnectM expands its presence in Indiaโ€™s fast-growing infrastructure sector and establishes a new business vertical under Keen Labs โ€” the Companyโ€™s AI and technology subsidiary housing its connected-energy and industrial IoT platforms.

The newly-acquired site near Chhatrapur, Odisha becomes a keystone asset: it is positioned to serve as a multimodal hub for dry cargo, refrigerated freight and industrial logistics, while also being the launch pad for ConnectMโ€™s first-of-its-kind AI-enabled Energy Intelligence Data Center (EIDC). This facility will integrate distributed-energy assetsโ€”including the recently acquired Amperics hybrid-battery technology with Keen Labsโ€™ proprietary software to deliver a truly integrated, low-carbon platform where logistics, power and data converge.

โ€œThe acquisition of Geo Impex marks another transformative step in ConnectMโ€™s growth,โ€ said Bhaskar Panigrahi, CEO and Chairman of ConnectM. โ€œBy combining infrastructure cleared for industrial development in India with our AI energy-technology stack and new battery tech, weโ€™re creating a new blueprint for sustainable industrial growth โ€” where logistics, energy and intelligence sit on the same platform.โ€

Within Keen Labs, Geo Impex will form the foundation of a new product vertical focused on AI-assisted logistics and infrastructure optimization. This initiative will deploy machine-learning models to forecast cargo flows, optimize route efficiency, coordinate on-site energy resources (including Amperics-based battery systems) for port and data-center operations, and drive cost efficiencies across the ecosystem.

ConnectM is a constellation of technology-driven businesses powering the modern energy economy. Through its Owned Service Network, Managed Solutions, Logistics, and Transportation segments, the Company delivers AI-powered electrification, distributed energy, last-mile delivery, and industrial IoT solutions to customers worldwide.

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