New and existing investors Microtek Group, SRK Family Office, and Transition VC also participated. It last raised $1.2 million in May 2024 in a funding round led by Transition VC and Gruhas. The funds will be used to scale its two- and three-wheeler energy solution to over one lakh vehicles over the next two years, invest in R&D capabilities for its proprietary battery health extension software and expand the team.
