Pointo seeks funding for battery refurbishment and distribution

Pointo builds a battery distribution and service network spanning deployment, buyback and second-life applications. A PTI report in Business Standard says the startup was seeking Rs 70 crore to Rs 100 crore for an automated refurbishment unit and wider distribution. The funding discussions are ongoing, while growth expectations are attributed to its founder.

DTT summary based on Business Standard's report. The full article is on the publisher's site.