amperehour: Energy storage startup AmpereHour Energy raises $5 million from Avaana Capital

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Energy storage startup AmpereHour Energy has raised $5 million (about Rs 43.6 crore) from climate focused fund Avaana Capital, with participation from UC Impower, and some existing angel investors.

The Mumbai-based startup plans to use the funds to expand manufacturing and software capabilities, support research and development (R&D), and drive product development.

Founded in 2017 by IIT Bombay alumni Ayush Misra, Rahul Shelke, Harshal Thakur and Neehar Jathar, AmpereHour Energy develops battery energy storage systems that help businesses and power…



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amperehour: Energy storage startup AmpereHour Energy raises $5 million from Avaana Capital


Energy storage startup AmpereHour Energy has raised $5 million (about Rs 43.6 crore) from climate focused fund Avaana Capital, with participation from UC Impower, and some existing angel investors.

The Mumbai-based startup plans to use the funds to expand manufacturing and software capabilities, support research and development (R&D), and drive product development.

Founded in 2017 by IIT Bombay alumni Ayush Misra, Rahul Shelke, Harshal Thakur and Neehar Jathar, AmpereHour Energy develops battery energy storage systems that help businesses and power…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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