Log9 Materials' restructuring is a reality check for India's battery-startup romance

Log9 Materials' decision to trim its workforce, narrow its product scope and renegotiate with existing investors through 2024 and 2025 is the clearest test yet of whether India's early-stage battery-technology startups - many of which raised aggressively on the back of the country's EV ambitions - c

Source: Entrackr

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