Funding
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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