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Singularity Growth invests Rs 400 Cr in Akshayakalpa, Lohum, and others

Singularity Growth invests Rs 400 Cr in Akshayakalpa, Lohum, and others
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Latest News | Lohum Raises USD 54 Million to Fuel Its Market Expansion

Get latest articles and stories on Latest News at LatestLY. Lithium-ion battery pack maker and recycling firm Lohum on Wednesday said it has secured USD 54 million (Rs 450 crore) in a funding round from a bunch of investors. Latest News | Lohum Raises USD 54 Million to Fuel Its Market Expansion.

Battery-tech startup Lohum secures $54 million to expand footprint

Lithium-ion battery pack maker Lohum on Wednesday said it has raised $54 million (Rs 450 crore) in series B funding from Singularity Growth, Baring Private Equity, Cactus Venture Partners and Venture East, among others.The company said it will .

Lohum raises USD 54 million to fuel its market expansion

The company will use these funds to fuel its market expansion, scaling up recycling operations across India, and also expanding to new energy transition materials markets in North America, the EU, the Middle East, Africa, and Asia, it said.

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