Energy Infrastructure Startups Attract Bigger Bets As Investors Back India’s Sovereign Play

India’s energy infrastructure startups are drawing larger funding commitments as investors look to build domestic capabilities in grid management, energy storage and power electronics. Bengaluru-based Enerzolve is reportedly in talks to raise $20 million from existing investors Jungle Ventures and Kae Capital, along with Schneider Electric nearly four times the $5 million it raised in January.

The potential fundraise reflects growing investor interest in homegrown technologies powering India’s energy transition. Enerzolve develops smart meters, power conversion systems and energy storage solutions, positioning itself in a critical segment of the country’s energy infrastructure ecosystem.
The Economic Times

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