Poonawalla Vision Fund invests ₹230 crore in Lohum Cleantech
The Poonawalla Vision Fund-1 (PVF1) invested ₹230 crore in Lohum Cleantech, a leader in battery recycling and critical mineral recovery, according to Ambit Global Private Client. This investment addresses concerns over access to sustainable materials amid rising demand for clean energy technologies. Lohum's position in the market aligns with the global transition towards clean energy, positioning it for significant growth as electric vehicle adoption accelerates.