New Delhi, Sept. 2 -- Noida-based Offgrid Energy Labs, has raised $15 million in Series A funding led by Archean Chemicals Industries Ltd with participation from existing investor Ankur Capital, the company said in a statement on Tuesday.

The deep tech alternative battery-tech startup previously raised a seed round led by Shell Ventures.

The funds will be used to set up a 10 MWh demo manufacturing facility in the UK, further its research and development in the pipeline for next-generation stationary energy storage solutions, and commercialise its patented ZincGel batteries through certification, testing, and finalising the blueprint for a giga-factory, according to the statement.

Co-founded by Tejas Kusurkar, Rishi Srivastava, Brindan ...