VFlowTech Raises Rs 1.7 Bn to Boost Battery Ops in India
POWER & RENEWABLE ENERGY

VFlowTech Raises Rs 1.7 Bn to Boost Battery Ops in India

Singapore-based energy storage firm VFlowTech has raised Rs one point seven billion (USD twenty point five million) to expand its operations in India. The funding round, led by Granite Asia, will support the upgrade of its one hundred megawatt-hour plant into a gigafactory and scale deployment of Vanadium Redox Flow Batteries.

Investors include Antares Ventures, EDBI, MOL PLUS, PSA Ventures, and existing backers like İnci Holding, UntroD Capital, and Wavemaker Partners.

The company plans to enhance its engineering and research workforce, and roll out locally manufactured battery energy storage systems suited to India’s grid requirements. Its artificial intelligence platform aims to optimise energy management while supporting local job creation.

VFlowTech is also in discussions with renewable energy developers and industrial clients to deploy up to one gigawatt-hour of storage capacity over the coming years.

Founded in 2018, the company focuses on vanadium redox flow battery technology for long-duration storage. With existing grid-scale and microgrid projects already in place, VFlowTech’s latest funding marks a significant step toward clean and intelligent energy solutions in India.

Source:Mint  

Singapore-based energy storage firm VFlowTech has raised Rs one point seven billion (USD twenty point five million) to expand its operations in India. The funding round, led by Granite Asia, will support the upgrade of its one hundred megawatt-hour plant into a gigafactory and scale deployment of Vanadium Redox Flow Batteries.Investors include Antares Ventures, EDBI, MOL PLUS, PSA Ventures, and existing backers like İnci Holding, UntroD Capital, and Wavemaker Partners.The company plans to enhance its engineering and research workforce, and roll out locally manufactured battery energy storage systems suited to India’s grid requirements. Its artificial intelligence platform aims to optimise energy management while supporting local job creation.VFlowTech is also in discussions with renewable energy developers and industrial clients to deploy up to one gigawatt-hour of storage capacity over the coming years.Founded in 2018, the company focuses on vanadium redox flow battery technology for long-duration storage. With existing grid-scale and microgrid projects already in place, VFlowTech’s latest funding marks a significant step toward clean and intelligent energy solutions in India.Source:Mint  

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code