Friday, 24 March, 2023

Indian Angel Network invests Rs 1.8 Vr in EV tech startup Electrifuel

<p>Electrifuel announced that it has raised Rs 1.8 Cr from the IAN, with key investors Vishnuraj Kunjur, Sahil Kejriwal, and Pradeep Gupta. The startup claimed it will use the money to invest in R&amp;D and hire for various positions as it grows its staff to scale manufacturing. Electrifuel assists EV and battery manufacturers in providing goods with exact geolocation, cellular connectivity, effective and quick charging, battery changing, warranty, and managed services.</p>