Battery recycling firm Lohum raises $54 million in fundingSources told ET that the funding happened at a valuation of around $500 million. Nearly 90% of the funding came in equity, with the rest be...
13 Mar, 2024, 09.41 PM IST
Lohum raises USD 54 million to fuel its market expansionThe company will use these funds to fuel its market expansion, scaling up recycling operations across India, and also expanding to new ener...
13 Mar, 2024, 11.07 AM IST
Battery tech startup Lohum raises $14 million in fundingMumbai-based Singularity Growth, which counts CaratLane founder Mithun Sacheti among its backers, put in Rs 55 crore in this round of fundi...
11 Mar, 2024, 06.33 PM IST
How battery recycling can help EVs to be truly greenBatteries of EVs after their usage need to be accurately managed to avoid them being harmful to the environment. One solution to this probl...
19 Jan, 2024, 10.13 PM IST
Is India's infrastructure ready to be electrified?India is experiencing a significant growth in electric vehicle (EV) sales, with a 112% year-on-year increase in EV sales from April to Sept...
12 Oct, 2023, 12.17 PM IST
EV startups attract investments, talent as others struggleAs sustainability takes center stage, EV companies attract talents and investment for growth
22 Sep, 2023, 06.00 AM IST
Indian lithium-ion battery recycling firm Lohum enters NepalLohum said the partnership will entail an estimated recycling of 200,000 batteries, and the production of battery materials over five years...
21 Sep, 2023, 12.13 PM IST
Green jobs: Potential for MSMEs in e-waste repair & recycling spaceWith a rise in e-waste, small businesses have seen a big opportunity to make the most of it via repair and recycling.
27 Jul, 2023, 11.13 AM IST
Altigreen and LOHUM join hands to recycle batteriesAltigreen has partnered with LOHUM to establish an innovative framework for effective battery recycling solutions. The partnership will ena...
13 Jul, 2023, 10.48 AM IST
Lohum partners MG Motor India for second-life EV battery solutionsIntegrated battery recycling and repurposing solutions provider Lohum on Monday said it has teamed up with MG Motor India to develop second...
05 Jun, 2023, 02.54 PM IST
Urban mining: Why e-waste processing is a billion-dollar opportunity India shouldn’t missUrban mining has the potential to not only save the environment from e-waste, but also make India self-reliant in critical metals and creat...
27 Apr, 2023, 01.49 PM IST
Mercedes-Benz Energy to repurpose EV batteries; inks partnership with Indian startup LohumMBE and Lohum have been working together for nearly two years. The agreement will enable Lohum to secure high volumes of second-use battery...
04 Jan, 2023, 11.02 AM IST
Lithium-ion battery pack maker Lohum targets 3-fold jump in topline to Rs 300 crLohum Cleantech is looking to expand at a faster pace to meet the needs of the market. At the end of this financial year, the company is ex...
04 Dec, 2022, 09.20 PM IST
Lohum Cleantech to supply battery materials worth $200 million to GlencoreLohum will supply $200-million worth of specialty chemicals for the battery supply chain, including cathodes, sulphates, carbonates and oxi...
28 Sep, 2022, 12.50 PM IST
Battery pack manufacturing and recycling startup Lohum Cleantech to raise $100 million in Series B fundsThe funds raised will be used to increase recycling capacity to 1 million units per annum, said Rajat Verma, who is also the chief executiv...
12 Jan, 2022, 11.17 AM IST
Lithium-ion battery maker Lohum to invest up to Rs 250 crore in three years on capacity expansionThe company, which currently has battery manufacturing capacity of 300 megawatt-hours per annum, plans to set up a new unit at Greater Noid...
18 Apr, 2021, 12.07 PM IST
Battery tech startup Lohum raises $7 million, looks to raise $21 million moreBaring Private Equity Partners led the first institutional round of investment that fetched $7 million (Rs 51 crore) for Lohum. The company...
18 Jan, 2021, 12.41 AM IST