Waaree Energy Storage Raises ₹3.25 Billion in Funding Round Led by Niveshaay

The fund will be used to enhance battery cell and pack manufacturing capacity

November 13, 2025

/ Arjun Joshi
/ Energy Storage, Finance and M&A
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Waaree Energy Storage Systems, the battery energy storage arm of Waaree Energies, has raised ₹3.25 billion (~$36.65 million) as part of a ₹10 billion (~$112.78 million) funding round led by investment firm Niveshaay.

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Arjun Joshi

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FundingNiveshaayWaaree Energy Storage Systems
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