Post by YourStory Media
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EV battery-tech startup EMO.energy has raised ₹59 crore in a pre-Series B round led by Raghav Capital, taking its valuation to ₹860 crore, a 4.3X jump from its previous Series A valuation. Founded in 2022 by Sheetanshu Tyagi and Rahul Patel, the startup develops AI-powered battery systems for electric mobility and energy storage through its proprietary ZEN platform, which combines battery management, thermal management, and fast-charging technologies. The fresh capital will be used for working capital, expansion, and capacity building as EMO Energy scales its presence across the EV ecosystem. In FY25, the company’s operating revenue grew 2.9X to ₹14.4 crore, reflecting growing demand for advanced battery solutions. #EMOEnergy #EV #ElectricVehicles #BatteryTech #EnergyTech #StartupFunding