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VFlowTech raises $20.5 million for expansion into India’s clean energy sector

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VFlowTech, a startup providing sustainable long-duration energy storage solutions, has raised $20.5 million in funding to support its strategic expansion into India’s clean energy sector and to further strengthen its ambitious goal of helping accelerate India’s transition to renewables with long-duration energy storage and AI-driven energy management.

The round was led by Granite Asia, with strong backing from Antares Ventures, EDBI, MOL PLUS, PSA Ventures, and returning investors including İnci Holding, UntroD Capital, Pappas Capital, Wavemaker Partners, SEEDS Capital, and Entrepreneurs First.

The startup said the latest investment will enable it to scale its existing 100 MWh manufacturing plant in India to a Gigafactory and supercharge the rollout of its unique Vanadium Redox Flow Batteries (VRFB) in India’s rapidly growing renewable energy market.


What does VFlowTech do?

With India’s energy market undergoing rapid reform and electrification surging across sectors, VFlowTech said its modular, scalable, and safe VRFB battery systems are tailored to meet increasing demand for resilient, scalable, and sustainable power infrastructure.

The startup claims that its VRFB technology offers 25+ year life cycles, high safety, and deep discharge capability without degradation, which it says makes it an ideal alternative to lithium-based batteries for utility-scale applications, microgrids, and commercial and industrial (C&I) energy users.

Complementing VFlowTech’s long-duration energy storage systems is an AI-driven cloud energy management platform designed to manage, monitor and optimise energy usage across distributed renewable assets and provide energy trading as well as ancillary services for the grid.


Purpose of fundraising

With this round of funding, the startup intends to scale up hiring across engineering, research and operations talent in the country. At the same time, it is looking to deploy more indigenously manufactured BESS systems suited for India’s grid conditions.

VFlowTech also intends to use the funds to advance vanadium recycling and create innovation around electrolyte manufacturing in India to build local supply chain efficiencies.

“India is at a tipping point in its clean energy journey. With this funding, we are not just bringing advanced energy storage technologies to market — we are shaping the future of sustainable energy infrastructure in the region,” said Dr. Avishek Kumar, Co-Founder and CEO of VFlowTech. 

“With our AI energy platform, we intend to build digital brains to India’s energy backbone, while scaling our local manufacturing capabilities and creating high-quality jobs in the country,” added Dr. Kumar.

“India represents one of the most exciting opportunities for energy transition. With its ambitious renewable energy targets and increasing need for grid stability, coupled with the policy momentum, our long-duration storage and AI-integrated systems are a perfect fit for enabling a reliable, 24/7 clean power future,” said Anand Anupam, Chief Commercial Officer of VFlowTech.

With several grid-scale and microgrid deployments already in place, VFlowTech is currently in advanced discussions with renewable energy developers and industrial customers in India to deploy up to 1 GWh of VRFB systems in the next few years.

According to the Ministry of New and Renewable Energy (MNRE), the total capacity for renewable energy installations has reached 220.10 GW, marking a record-breaking increase of 29.52 GW in the FY 2024-25.

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