Waaree Energy raises Rs 1,003 crore for 20 GWh battery manufacturing plan
Waaree Energy Storage Solutions Private Limited (WESSPL), a subsidiary of the publicly listed Waaree Energies Ltd., has announced the completion of a strategic funding round totalling approximately Rs 1,003 Crores. The investment was received from a consortium of strategic investors, including family offices, high-net-worth individuals (HNIs), and institutional backers. The capital infusion is part of a previously announced capital expenditure plan of roughly Rs 10,000 Crores. This funding is allocated for establishing a 20 GWh…

