AmpereHour Energy and Bhilwara Energy secure funding for expansion
AmpereHour Energy has raised USD 5 million (Rs 436 million) in a Series A funding round led by climate-focused fund Avaana Capital, with participation from UC Impower and existing angel investors. The company plans to use the capital to expand its manufacturing and software capabilities, strengthen research and development, and enhance product development. Additionally, AmpereHour Energy is allocating funds for geographical expansion, with ongoing projects in Oman and Nigeria and commissioned projects in Belgium and…