$148M EV startup shuts down after 10 years and 0 products leaving entire staff unpaid MSN
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Indian Startup News on Instagram: “Coulomb Litech, a battery technology startup, has raised Rs 20 crore in a seed funding round to scale its manufacturing capabilities and expand its presence in India’s electric vehicle ecosystem. Founded in 2020 by IIT Kanpur alumni Ameya Sathe and Darshil Dharod, Coulomb Litech focuses on developing fast-charging and long-life battery systems for medium and heavy electric vehicles. The startup builds battery solutions for applications such as material handling equipment, electric tractors, construction equipment, electric three-wheelers (E-3W), and energy storage systems. It will use the raised funds to set up a state-of-the-art manufacturing facility in Navi Mumbai, R&D, and the scaling of ongoing pilot programs. #IITKanpur #IIT #battery #technology #startup #indianstartupnews”
Coulomb Litech, a battery technology startup, has raised Rs 20 crore in a seed funding round to scale its manufacturing…