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Advanced technology battery start-up Log9 Material, raises USD 40 million - Jammu Kashmir Latest News | Tourism

NEW DELHI, Jan 23: Advanced technology battery start-up Log9 Material on Monday said it has raised USD 40 million (nearly Rs 325 crore) in Series B funding led by Amara Raja Batteries Ltd and Petronas Ventures. The round was also participated by other investors, including Incred Financial Services, Unity Small Finance Bank, Oxyzo Financial Services and Western Capital Advisors. “The recent round of investments will allow us to grow our battery manufacturing capabilities to a 2 GWH capacity by the […] ....

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