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Clean Electric raises $6 million in funding from Info Edge Ventures, others

Economic TimesEconomic Times · 1m
Clean Electric raises $6 million in funding from Info Edge Ventures, others

Clean Electric, a company specializing in fast-charging battery technology for electric vehicles and grid battery solutions, has secured $6 million in a funding round led by Info Edge Ventures, Pi Ventures, and Kalaari Capital. The funds will be used for research and development, expanding sales and operational teams, and developing new products focused on faster charging and renewable energy storage. Clean Electric's proprietary rapid charging technology can fully charge electric vehicles in under 12 minutes, addressing convenience and cost challenges in the adoption of electric vehicles. The company aims to extend its technology to electric four-wheelers and commercial vehicles in the next 12 to 18 months.

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