Clean Electric Private Limited has raised $6 million in a Series A round of funding co-led by Info Edge Ventures, pi Ventures and existing investor Kalaari Capital. The round also saw participation from Lok Capital and certain other investors.
Vaish Associates Advocates acted as the legal counsel of Clean Electric and its founders.
The transaction team consisted of Avik Karmakar (Partner), Pritika Shetty (Associate) and Ishita Jha (Associate).
Clean Electric is an energy storage solutions company specializing in fast-charging battery technology for electric vehicles (EVs) and grid battery solutions.
The funds will be used for research and development, expanding operations and creating new products focused on faster charging and renewable energy storage.
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