The original headline is: "Cleantech startup BatX raises Rs 105 Cr in Series A round led by IvyCap Ventures"

Short summary

BatX, an Indian cleantech startup focused on battery materials, raised Rs 105 crore in Series A funding led by IvyCap Ventures. The investment will fund expansion of recycling and refining capacity, strengthen R&D operations, and accelerate development of a domestic supply chain for critical battery materials. This reflects increasing investor interest in building India's cleantech capabilities and reducing dependence on imported battery materials.

• •Rs 105 crore Series A funding for battery-materials recycling startup
• •Capital allocated to R&D, recycling/refining expansion, and domestic supply chain
• •Signals growing investor confidence in Indian cleantech and battery-material localization

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