Grapevine: Lohum mulls raising fresh capital; Statkraft India head quits

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Battery technology startup Lohum, backed by Singularity Growth, is aiming to secure $100 million in funding from both existing and new investors, valuing the company at $600-650 million, a media report said.  Lohum intends to use the funds to ramp up its manufacturing capabilities in India and abroad, capitalizing on the increasing adoption ......