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EV Startup IPEC Bags $3 Mn From Nikhil Kamath’s Gruhas

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SUMMARY

With this infusion, IPEC aims to ramp up its manufacturing, boost presence in the power electronics space and expand globally

The startup claims to have already delivered over 1 Mn EV charging products to Ather Energy, Bajaj Auto and Greaves (Ampere), among others

IPEC also plans to scale up its monthly manufacturing capacity to 50,000 units

Bengaluru-based EV charging solutions startup IPEC has raised $3 Mn in a funding round from Gruhas, the venture capital firm…

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