Battery manufacturer IBC raises $35 Mn pre-series A funding

International Battery Company (IBC), which makes rechargeable lithium-ion batteries, has secured $35 Mn (INR 291 Cr) as a part of its Pre-Series A funding round led by RTP Global, with participation from Beenext, Veda VC and a few other strategic Korean and US Investors. The company offers rechargeable batteries to its customers operating in small mobility sectors in India.