VCs pivot to EV infra & energy storage in new $65 million funding wave

Several Indian battery-tech and energy transition startups are actively seeking to raise approximately $65 million, signaling a potential revival in the sector. Despite a cautious investor sentiment, companies like Emo Energy and Baaz Bikes are in talks for significant funding rounds. This renewed interest stems from rising fuel costs and the ongoing push for electrification, with VCs now favoring EV infrastructure and energy storage solutions over pure EV bets.