Singapore-based energy storage firm VFlowTech has raised Rs one point seven billion (USD twenty point five million) to expand its operations in India. The funding round, led by Granite Asia, will support the upgrade of its one hundred megawatt-hour plant into a gigafactory and scale deployment of Vanadium Redox Flow Batteries.
Investors include Antares Ventures, EDBI, MOL PLUS, PSA Ventures, and existing backers like 陌nci Holding, UntroD Capital, and Wavemaker Partners.
The company plans to enhance its engineering and research workforce, and roll out locally manufactured battery energy storage systems suited to India鈥檚 grid requirements. Its artificial intelligence platform aims to optimise energy management while supporting local job creation.
VFlowTech is also in discussions with renewable energy developers and industrial clients to deploy up to one gigawatt-hour of storage capacity over the coming years.
Founded in 2018, the company focuses on vanadium redox flow battery technology for long-duration storage. With existing grid-scale and microgrid projects already in place, VFlowTech鈥檚 latest funding marks a significant step toward clean and intelligent energy solutions in India.
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