Tuesday, September 2, 2025

Battery tech startup Offgrid Energy Labs raises $15 million in round led by Archean Chemical Industries

Existing investor Ankur Capital participated in the round. The Noida-based startup will use the fresh funds to set up a pilot manufacturing facility in the UK, expand its R&D capabilities, and commercialise its zincgel batteries. The company, which is working to help reduce dependence on lithium-ion storage solutions through zinc-bromine gel batteries for the stationary storage market, has raised a total of $12 million to date.

from Tech-Economic Times https://ift.tt/rGUn5mI

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...