BatX Energies Bags ₹105 Crore to Supercharge Battery Recycling

BatX Energies has raised ₹105 crore in a Series A funding round led by IvyCap Ventures, alongside Zephyr Peacock, Mankind Pharma Family Office, Excel Industries Family Office, and JITO.

This capital injection will accelerate the expansion of BatX’s battery recycling and refining capacities, supercharge R&D, and secure a robust domestic supply of critical minerals like lithium, cobalt, nickel, and graphite—vital for India's clean energy transition. With a proven, sustainable model for critical mineral recovery, BatX Energies is now poised to scale its operations globally, bringing circular and resilient supply chains to international markets facing similar resource challenges.

News by Rahul Yelligetti.