India, Nov. 27 -- EV battery manufacturer Neuron Energy has secured INR 31 Cr in its pre-Series B funding round led by Equanimity Ventures, with participation from Rajiv Dadlani Group, Thackersay Family Office, Chona Family Office, and reputed HNIs.

Proceeds from this round will be used to scale manufacturing capacity to 3 GWh, set up an automated facility for electric four-wheelers at Chakan near Pune, deepen research and development, and fuel domestic as well as international expansion.

The company is currently targeting a revenue of INR 200 Cr for the year, with future projections set at INR 900 Cr, as it aims to further its position in the rapidly growing Indian EV market.

Founded by CEO Pratik Kamdar, Neuron Energy offers a compre...