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Battery Component Manufacturer GFCL EV Products Raises ₹10 Billion

The company plans to use the funds to tap global opportunities in the EV ecosystem

October 23, 2024

/ Tina Freese
/ Finance and M&A, Renewable Energy
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GFCL EV Products, a manufacturer of intermediate materials for lithium-ion batteries and a part of INOXGFL Group, raised ₹10 billion (~$118.9 million) at an equity valuation of ₹250 billion (~$2.9 billion).

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Tina Freese

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