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Yuma Energy Raises dollar 35 Million in Series A to Expand Battery Swapping

Yuma Energy, one of India’s fastest-growing battery-swapping networks, has raised $35 million in Series A funding from Magna International Inc., a leading global automotive supplier. The fresh capital will be used to expand Yuma Energy’s battery-swapping infrastructure across India. The company has already completed more than 60 million battery swaps through its network, supported by…

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