Energy infra startups see bigger cheques as investors bet on sovereign play

Energy infra startups see bigger cheques as investors bet on sovereign play



Bengaluru: Startups building hardware for India’s energy infrastructure are raising follow-on rounds several times the size of their previous fundraises, as risk investors deepen bets on technologies spanning grid management, storage and power electronics.Bengaluru-based Enerzolve, which makes smart meters, power conversion systems and energy storage systems, is in talks to raise $20 million from existing investors Jungle Ventures and Kae



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