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Battery circularity startup PeakAmp bags Rs.12-Cr led by Caret Capital

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Gurugram-based battery circularity startup PeakAmp has raised INR 12 crore (USD 1.37 million) led by Caret Capital. The round also saw participation from IIM Ahmedabad Ventures, angel investor Basant Sharma and Group, and others from the clean-tech, mining, and recycling sectors.Founded in 2024 by Vijay Gond and Aditya Sudhanshu, PeakAmp provides a full-stack solution for managing End-of-Life (EOL) electric vehicle (EV) batteries, covering logistics, disassembly, diagnostics, and materials recovery by bringing together OEMs, recyclers, and other players to promote battery recycling.