India, Jan. 21 -- Bengaluru-based deeptech startup Enerzolve Smart Technologies has raised $5.1 Mn (about INR 46.7 Cr) in its seed round co-led by Jungle Ventures and Kae Capital.

The round also saw participation from startup founders, including Zetwerk's Amrit Acharya and Srinath Ramakrrushnan, Livspace's Ramakant Sharma, Unacademy's Roman Saini and Gaurav Munjal, Urban Vault's Amal Mishra and Panthera Peak's Nikhil Bhandarkar.

Enerzolve, which focuses on providing semiconductor-powered energy solutions, will utilise the capital to scale pilot manufacturing and certification for its smart grid and storage product lines.

Additionally, it will invest in deepening its engineering and product capabilities, especially core IP development a...