Maxvolt Fund Raise

Maxvolt Fund Raise

31st May 2024: Noida-based EV battery manufacturing startup Maxvolt Energy has successfully secured $1.5 million in a Private Placement round of funding from VG-Angels and prominent Pre-IPO investors through Venture Garage.

Founded by Satendra Shukla, Vishal Gupta and Bhuvneshwar Pal Singh Maxvolt provides batteries for e-cycles, e-scooters, and e-rickshaws, alongside lithium battery energy solutions. The company offers a 100% buyback and a 3-year replacement warranty on its batteries at no extra cost.

With the newly secured capital, Maxvolt is strategically directing its focus towards the development and imminent introduction of fast-charging lithium-ion batteries. This significant allocation of resources underscores the company’s commitment to pioneering innovation in the electric mobility sector. Positioned at the forefront of technological advancement, Maxvolt is poised to redefine industry benchmarks and enhance the overall customer experience in the realm of electric vehicles.

To know more about Maxvolt, visit:  https://venturegarage.in//maxvolt-energy/