Energy storage startup ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/amperehour-energy” target=”_blank”>AmpereHour Energy has raised $5 million (about Rs 43.6 crore) from ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/climate-focused-fund” target=”_blank”>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 ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/iit-bombay” target=”_blank”>IIT Bombay alumni Ayush Misra, Rahul Shelke, Harshal Thakur and Neehar Jathar, ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/amperehour” target=”_blank”>AmpereHour Energy develops battery energy storage systems that help businesses and power…
