Mechanical Engineer • 1y
Lohum Preps Up For INR 1,000 Cr Manganese-Based Batteries Project, Ropes In Tesla Veteran The New Delhi-based company is looking to invest INR 1,000 Cr over the next three years and will be setting up a capacity of over 20 GWh This comes days after Lohum raised $54 Mn to fuel its market expansion, scaling up recycling operations across India, and also foray into new energy transition materials markets in North America, the EU, the Middle East, Africa, and Asia This comes days after Lohum raised $54 Mn in its Series B funding round which saw participation from Singularity Growth, Baring Private Equity, Cactus Venture Partners & Venture East amongst other new and existing venture firms. Back then the startup said that the fresh proceeds would be deployed to fuel its market expansion, scaling up recycling operations across India, and also foray into new energy transition materials markets in North America, the EU, the Middle East, Africa, and Asia. Founded by Rajat Verma, Justin Lemmon
Hey I am on Medial • 1y
The Trade War Continues. The Economist reports that the EU has devised a new restriction for China. The EU has imposed tariffs on Chinese cars, and in response, China is imposing tariffs on pork. In reaction to China's response, the EU is considerin
See MoreI'm just a normal gu... • 4m
The Walt Disney Company witnessed an equity loss of $103 Mn from its Indian joint venture (JV) JioStar with Reliance Industries and Bodhi Tree Systems during the quarter ended March 2025. In a filing with the exchanges, the US-based broadcasting gia
See MoreI'm just a normal gu... • 4m
D2C snacking brand Farmley has secured $40 Mn (around INR 338.8 Cr) in a Series C funding round led by L Catterton, along with participation from existing investor DSG Consumer Partners. The startup plans to use the fresh capital to further scale up
See MoreHey I am on Medial • 10m
Reliance & Disney have formally announced their mega merger. Combined Entity's Worth: ₹70,352 Cr The JV has been approved by Competition Commission of India and anti-trust authorities in the EU, China, Turkey, South Korea & Ukraine. The merged ent
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