EV charging company IPEC has secured a $3 million investment from Gruhas, co-founded by Nikhil Kamath and Abhijeet Pai. The funding will boost IPEC’s leadership in EV charging and expand its power electronics footprint. Based in Bengaluru, IPEC has delivered over 10 lakh charging products to top Indian EV OEMs and plans to scale production to 50,000 units monthly.
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