PeakAmp raises $1.37 Mn in Seed round led by Caret Capital

Battery circularity company PeakAmp has raised Rs 12 crore (about $1.37 million) in a seed funding round led by Caret Capital, with participation from IIMA Ventures, Basant Sharma and Group, and other investors.

Co-founded in 2024 by Vijay Gond and Aditya Sudhanshu, PeakAmp is building a full-stack solution for end-of-life (EOL) EV battery management. From safe collection and second-life repurposing to high-purity material recovery, the startup aims to transform end-of-life batteries into valuable resources, driving India’s clean energy transition…