UK startup Britishvolt investors submit bid to rival Indonesian fund offer - FT

(Reuters) - Three early investors of UK battery start-up Britishvolt have submitted an offer worth 30 million pounds ($36.38 million) to the company's board, matching the bid made by Indonesia-linked investment fund DeaLab Group, the Financial Times reported citing two people familiar with the matter.

Britishvolt did not immediately respond to a Reuters request for comment on the report while DeaLab Group could not be reached.

($1 = 0.8245 pounds)

(Reporting by Urvi Dugar in Bengaluru; Editing by Krishna Chandra Eluri)