Company lists
The Chennai edition · 2026

Energy storage techcompanies in Chennai

Batteries, EV charging, hydrogen & fuel cells, grid & renewable storage, BMS & components and more: the companies building energy storage tech in Chennai, Tamil Nadu, with their founders, funding, team size and business models.

54 company profiles30 with reported revenue5 with recorded fundingOctober 2026 edition
Chennai · Photo: Wikimedia Commons (Creative Commons Attribution-ShareAlike 4.0)

Recent energy storage tech business events in India

Funding, M&A, contract wins and launches involving 1,099 energy storage tech companies in India, last 24 months: 55 funding rounds · 49 Contracts · 17 launches · 12 M&A deals. Newest first; companies and investors link to their Fliar profiles. Latest event in our news feed: Jun 2026.

ContractService

Lohum · client: Hindustan copper

Hindustan Copper Limited (HCL) has awarded LOHUM the rights to restart, upgrade, and maintain the 50,000 tonne-per-annum Copper Project at Jhagadia, Gujarat, under a 20-year…

Copper
ContractSupply

Emni · client: Advantex Battery

EMNI announced on April 21 that it has signed a lithium‑ion cell supply contract ... with ADVANTEX Battery.

Battery
ContractService

Sterling and wilson renewable energy · client: Coal india

The company said it has been declared the L1 bidder for a turnkey EPC package from Coal India for the development of an 875 MW (AC) grid-connected solar PV project in Bikaner, Rajasthan.…

Renewable Energy
FundingParent company guarantee

Sterling and wilson renewable energy

Sterling and Wilson Renewable Energy Limited has issued a USD 34 million parent company guarantee in favour of Nedbank Limited to secure an additional working capital facility for…

Investors Nedbank
Solar power
Launch

Bijliride

Bijliride has introduced a software-as-a-service platform designed to help enterprises manage electric vehicle fleets, marking the startup's expansion into B2B technology solutions.

Fleet management
ContractSupply

Jakson Green · client: Coromandel international

It was awarded the tender to supply green ammonia to state-owned fertiliser producer Coromandel International’s plant in Kakinada, Andhra Pradesh for around $580 per tonne.

Renewable Energy
FundingSeries A

Bacancy Systems

Engineering startup Bacancy Systems raised $4.31 million in a Series A round.

Engineering
ContractSupply

Jakson Green · client: Solar Energy Corporation of India

Jakson Green Limited has signed a Green Ammonia Purchase Agreement (GAPA) with Solar Energy Corporation of India for the supply of green ammonia under the Strategic Interventions for…

Renewable Energy
ContractGovernment

SCharge · client: Technology Development Board

the government body entered an agreement with Scharge Private Limited to develop a next‑generation electric vehicle charging solution for commercial fleet and depot operations under the…

Industrial sustainability, EV charging infrastructure
FundingSeries A

Bacancy Systems

Bacancy Systems has raised ₹400 million in a Series A funding round led by Sabre Partners and Greenstone Capital, with both investors acquiring minority stakes through primary…

Embedded electronics and power systems for electric vehicles and railway applications
FundingPre-Series A

Newtrace

Bengaluru-based climate technology startup Newtrace has raised $6.3 million in a Pre-Series A funding round to accelerate the commercialization of its green hydrogen production technology.

Investors Peak xv partners, Aavishkaar capital, Speciale invest, Micelio Technology Fund
Climate Technology (Green Hydrogen)
FundingSeed

Hycosys

In a seed funding round headed by MountTech Growth Fund-Kavachh, deep-tech engineering startup Hycosys has raised more than $1 million, or roughly Rs 9 crore.

Investors MountTech Growth Fund-Kavachh
Deep-tech engineering
FundingBlended equity and debt

Statiq

Statiq has raised approximately $18 million in a blended equity and debt round, signalling renewed investor interest in India’s electric vehicle infrastructure sector after a prolonged…

Investors Tenacity Ventures, Y combinator, Shell Ventures, RCD Holdings
Electric vehicle infrastructure
FundingSeries A

Indigrid

Indigrid Technology Private Limited has raised an additional INR 40 crore, closing its extended Series A round at INR 75 crore. The round was led by Cactus Partners, with subsequent…

Investors Cactus Partners, Valour Capital, Iti growth opportunities fund, Vimson Group
Electronics manufacturing
FundingSeed

E-trnl energy

has led a ₹27.4 crore seed round in e-TRNL Energy, a cleantech startup pioneering next-generation battery cell technology, through its 2nd VC Fund, IAN Alpha Fund.

Investors IAN Alpha Fund, Navam Capital, Speciale invest
Cleantech
LaunchACTIVE technology petrol

Jio-bp

Goa, India, January 29, 2026: Hon’ble Minister of Petroleum and Natural Gas, Shri Hardeep Singh Puri today launched the path-breaking ACTIVE technology petrol at Jio-bp (the operating…

Petrol
FundingFunding round

Chargeup

IAN Group backs Chargeup in INR 22 Cr funding round.

Investors Capital-A, Existing investors
EV mobility / Driver-first EV tech platform (3‑wheeler last‑mile)
FundingPre-seed

MEINE Electric

Deeptech energy storage startup Meine Electric has raised $750,000 in a pre‑seed round led by Antler, Rebalance and Venture Catalysts.

Investors Gradcapital, AIC-AU Incubation Foundation, Angel Investors
Deeptech / Energy storage
Funding

Aloe Ecell

Aloe Ecell, an eco-conscious startup focused on mitigating the environmental challenges posed by disposable dry-cell batteries, has secured a ₹3.5 crore commitment on Bharat Ke Super…

Investors Bharat Ke Super Founders
Sustainability
LaunchFranchise-Owned, Franchise-Operated (FOFO) Model

Bijliride

Bijliride, India’s leading SaaS-powered electric two-wheeler rental platform, has announced the launch of its Franchise-Owned, Franchise-Operated (FOFO) Model, a model of expansion,

Franchise Model
ContractService

Hgs interactive · client: Tirex chargers

Representational HGS Interactive, a global digital marketing agency and part of intelligent experience company Hinduja Global Solutions (HGS), has announced that it has secured the…

E-mobility
ContractSupply

Inox Wind · client: Jakson Green

In November this year, Inox had secured an order from Jakson for 100 MW of its 3.3 MW wind turbines.

Renewable energy
Funding

GFCL EV

Gujarat Fluorochemicals Limited’s subsidiary, GFCL EV Products Ltd, has received a major investment of approximately US$50 million from the International Finance Corporation (IFC), a…

Battery materials manufacturing
FundingSecured loan extension

PowerBank

The Company has extended its current secured loan investment of $3 million with a wholly-owned subsidiary of Powerbank Corporation ('Powerbank').

Investors Re royalties
FundingPre-Series B

Neuron energy

India’s EV battery startup Neuron Energy has secured ₹31 crore in a Pre-Series B funding round — a move many see as a big vote of confidence in domestic battery manufacturing.

Investors Equanimity Ventures, Rajiv Dadlani Group, Thackersay Family Office, Chona Family Office
EV battery manufacturing
FundingPre-Series B

Neuron energy

Neuron Energy, a leading EV battery manufacturer, has raised ₹31 crore in its Pre-Series B funding round

Investors Equanimity Ventures, Rajiv Dadlani Group, Thackersay Family Office, Chona Family Office
EV battery manufacturing
LaunchImpact Report 2025

Battery smart

Battery Smart—India’s largest battery-swapping network for electric two- and three-wheelers—today unveiled its first Impact Report, ‘Redefining Mobility, One EV at a Time’.

Funding

Magenta mobility

Electric mobility startup Magenta Mobility, backed by bp Ventures and Morgan Stanley, has launched a process to raise up to $50 million, enlisting Kotak Mahindra Capital to manage the…

Electric mobility

Energy storage tech companies in Chennai, by revenue

Browse energy storage tech companies in Chennai by reported revenue, one-year revenue growth, revenue model, age and stage. The 30 companies below are the largest by their most recent reported revenue among 30 energy storage tech companies in Chennai, Tamil Nadu that have filed a figure in the last four years. Every figure keeps its own reporting period, so compare periods before comparing amounts.

Showing 25 of 30

Manufacturer of lithium batteries for e-scooters, e-rickshaws, e-drones, and energy storage

Energy storage tech
₹96.22 crFY 2023-24
Not reported
42LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Manufacturer of lithium cells for digital products and power banks

Energy storage tech
₹38.66 crFY 2024-25
+1016%2024–2025
42-29% 12 mo to Sep 2024LinkedIn · Jul 2026
36 yr1990
0none in 3 months

Online platform offering energy storage solutions

Energy storage tech
₹35.10 crFY 2023-24
+591%2023–2024
12LinkedIn · Jul 2026
5 yr2021
2postings · last posted Sep 2026

Manufacturer of lithium batteries

Energy storage tech
₹17.24 crFY 2024-25
-11%2024–2025
—Not available
7 yr2019
0none in 3 months · last posted Jun 2026

Manufacturer and supplier of batteries to OEMs

Electric vehicles
₹11.26 crFY 2022-23
Not reported
228-60% 12 mo to Sep 2024LinkedIn · Jul 2026
94 yr1932
0none in 3 months

Provider of electric vehicle charging station

Energy storage tech
₹10.23 crFY 2024-25
+391%2024–2025
29LinkedIn · Jul 2026
17 yr2009
1postings · last posted Sep 2026

Provider of battery fabrication equipment, electrochemical instruments, and material science solutions

Energy storage tech
₹7.39 crFY 2024-25
-19%2024–2025
14LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Feb 2026

Provider of EV charging solutions and more

Electric vehicles
₹6.88 crFY 2024-25
+95%2024–2025
30LinkedIn · Jul 2026
39 yr1987
0none in 3 months

Online platform offering EV charging stations and infrastructure solutions

Electric vehicles
₹2.66 crFY 2024-25
+117%2024–2025
36LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of lithium-ion battery manufacturing solutions and industrial automation equipment

Energy storage tech
₹2.40 crFY 2023-24
-25%2023–2024
81LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Provider of electric vehicle charging solutions

Energy storage tech
₹1.62 crFY 2024-25
+5132%2024–2025
—Not available
3 yr2023
0none in 3 months

Provider of alkaline, carbon zinc, lithium coin, and cylindrical batteries

Energy storage tech
₹1.45 crFY 2024-25
Not reported
—Not available
4 yr2022
0none in 3 months

Provider of battery management systems, motor controllers, and medical device solutions

Iot services
₹1.39 crFY 2024-25
+29%2024–2025
102+13% 12 mo to Sep 2024LinkedIn · Jul 2026
18 yr2008
0none in 3 months

They manufacture and sell UPS systems and batteries

Energy storage tech
₹1.24 crFY 2024-25
+54%2024–2025
8LinkedIn · Jul 2026
32 yr1994
0none in 3 months · last posted Jun 2026

Online platform offering EV charging products and management solutions

Energy storage tech
₹1.09 crFY 2024-25
+792%2024–2025
6LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of electric vehicle charging and management solutions

Energy storage tech
₹1.03 crFY 2024-25
-49%2024–2025
13-56% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Saas & IoT enabled battery management products and solutions for electric vehicles

Electric vehicles
₹96.78 lakhFY 2024-25
-72%2024–2025
12-44% 12 mo to Jun 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of turnkey solutions for lithium-ion battery cell manufacturing

Energy storage tech
₹70.67 lakhFY 2024-25
+157%2024–2025
—Not available
35 yr1991
0none in 3 months

Developer of catalyst coated membrane and membrane electrode assembly for fuel cells

Energy storage tech
₹52.80 lakhFY 2024-25
-19%2024–2025
6LinkedIn · Jul 2026
16 yr2010
0none in 3 months

Provider of solutions for hydrogen fuel cells

Energy storage tech
₹15.86 lakhFY 2024-25
+82%2024–2025
5LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of electric vehicle charging solutions, software, and turnkey services

Energy storage tech
₹13.96 lakhFY 2024-25
+546%2024–2025
10LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of lithium batteries

Energy storage tech
₹12.41 lakhFY 2024-25
-2%2024–2025
5LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Developer of sulfur-iron flow batteries

Energy storage tech
₹8.73 lakhFY 2024-25
Not reported
8LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of electric vehicle charging stations, hardware, installation, software, and maintenance

Electric vehicles
₹4.88 lakhFY 2024-25
-33%2024–2025
—Not available
7 yr2019
0none in 3 months

Developer of sustainable sodium-ion battery

Energy storage tech
₹4.23 lakhFY 2024-25
+2694%2024–2025
4LinkedIn · Jul 2026
4 yr2022
0none in 3 months
30 of 54 companies shown here · the full list is on Radar
Fliar Radar

Explore all 54 energy storage tech companies in Chennai on Radar

This page shows the top 30. Radar has the complete, filterable list with contacts and live company signals.

Open energy storage tech in Chennai on Radar
  • Every company, not just 50All 54 energy storage tech companies in Chennai, filterable by stage, funding, team size, revenue model and age.
  • Founders and decision-makersLeadership teams with roles and verified LinkedIn profiles, ready for outreach.
  • Live signalsFunding rounds, hiring, launches and M&A as they happen, with alerts on the companies you follow.
  • Save and exportBuild lists, compare companies side by side and export them from your Radar account.

Explore energy storage tech companies in Chennai by what you are looking for

Browse the top energy storage tech companies in Chennai, from lithium-ion battery manufacturers to EV charging and hydrogen solutions. Find energy storage startups in Chennai and companies that are hiring.

7 ways to explore energy storage tech in Chennai

Battery manufacturers & energy storage systemsEV charging & electric vehicle companiesHydrogen & fuel cell technologyRenewable energy & long-duration storageBattery management systems & componentsEnergy storage startups in Chennai

Battery manufacturers & energy storage systems

Lithium-ion and other battery makers and energy storage system providers.

  1. G-Power Energy & Technology

    Manufacturer of lithium batteries for e-scooters, e-rickshaws, e-drones, and energy storage

    Energy storage tech
    See in list
  2. Munoth Industries

    Manufacturer of lithium cells for digital products and power banks

    Energy storage tech
    See in list
  3. Magnipower Technology

    Online platform offering energy storage solutions

    Energy storage tech
    See in list
  4. Amco Batteries

    Manufacturer and supplier of batteries to OEMs

    Electric vehicles
    See in list
  5. Labkarts

    Provider of battery fabrication equipment, electrochemical instruments, and material science solutions

    Energy storage tech
    See in list

EV charging & electric vehicle companies

Electric vehicle charging stations, chargers and EV battery solutions.

  1. Relux Electric

    Provider of electric vehicle charging station

    Energy storage tech
    See in list
  2. Saryam

    Provider of EV charging solutions and more

    Electric vehicles
    See in list
  3. PLUGZmart

    Online platform offering EV charging stations and infrastructure solutions

    Electric vehicles
    See in list
  4. Incredible Engineering

    Online platform offering EV charging products and management solutions

    Energy storage tech
    See in list
  5. Esmito

    Saas & IoT enabled battery management products and solutions for electric vehicles

    Electric vehicles
    See in list

Hydrogen & fuel cell technology

Hydrogen generation, electrolysis and fuel cell developers.

  1. Sainergy Fuel Cell India

    Developer of catalyst coated membrane and membrane electrode assembly for fuel cells

    Energy storage tech
    See in list
  2. Elicius

    Provider of solutions for hydrogen fuel cells

    Energy storage tech
    See in list
  3. Tharam-Thiran Green Energy Flow

    Developer of sulfur-iron flow batteries

    Energy storage tech
    See in list
  4. Voltvarenergy

    Provider of battery energy storage systems and solar panel solutions

    Energy storage tech
    See in list
  5. Watercar

    Provider of solutions for hydrogen generation

    Auto components
    Website

Renewable energy & long-duration storage

Flow batteries, solar storage and long-duration storage developers.

  1. Tharam-Thiran Green Energy Flow

    Developer of sulfur-iron flow batteries

    Energy storage tech
    See in list
  2. Voltvarenergy

    Provider of battery energy storage systems and solar panel solutions

    Energy storage tech
    See in list
  3. Esainnovations

    Manufacturer of products for electric mobility, energy storage, and renewable energy

    Energy storage tech
    Website
  4. Watercar

    Provider of solutions for hydrogen generation

    Auto components
    Website
  5. Aatral Hydrogen

    Green hydrogen company working on solid hydrogen and electrolyser technology

    Energy storage tech
    Website

Battery management systems & components

Battery management systems, controllers and battery components.

  1. Semyungindia

    Provider of lithium-ion battery manufacturing solutions and industrial automation equipment

    Energy storage tech
    See in list
  2. Sosaley

    Provider of battery management systems, motor controllers, and medical device solutions

    Iot services
    See in list
  3. Watercar

    Provider of solutions for hydrogen generation

    Auto components
    Website
  4. Amco Batteries

    Manufacturer and supplier of batteries to OEMs

    Electric vehicles
    See in list
  5. Saryam

    Provider of EV charging solutions and more

    Electric vehicles
    See in list

Energy storage startups in Chennai

Newer energy storage tech companies in Chennai founded in the last few years.

  1. Magnipower Technology

    Online platform offering energy storage solutions

    Energy storage tech
    See in list
  2. ESYGO

    Provider of electric vehicle charging solutions

    Energy storage tech
    See in list
  3. Gigatekbatteries

    Provider of alkaline, carbon zinc, lithium coin, and cylindrical batteries

    Energy storage tech
    See in list
  4. Incredible Engineering

    Online platform offering EV charging products and management solutions

    Energy storage tech
    See in list
  5. Teev

    Provider of lithium batteries

    Energy storage tech
    See in list
18 companies in Chennai

Energy storage tech companies hiring in Chennai

Energy storage tech companies in Chennai that currently have open roles.

  1. Magnipower Technology

    Online platform offering energy storage solutions

    Energy storage tech
    See in list
  2. Shizen Energy

    Manufacturer of lithium batteries

    Energy storage tech
    See in list
  3. Relux Electric

    Provider of electric vehicle charging station

    Energy storage tech
    See in list
  4. Labkarts

    Provider of battery fabrication equipment, electrochemical instruments, and material science solutions

    Energy storage tech
    See in list
  5. Anushri

    They manufacture and sell UPS systems and batteries

    Energy storage tech
    See in list
6 companies in Chennai
Mobile reach

Top 5 energy storage tech apps from Chennai

The most-installed Android apps published by energy storage tech companies headquartered in Chennai — 72K installs between them. 5 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 5
3

ESYGO

by ESYGO

Installs6K
Rating—
Last updatedJun 2026
View on Google Play ↗
ESYGO screenshot 1ESYGO screenshot 2ESYGO screenshot 3ESYGO screenshot 4ESYGO screenshot 5ESYGO screenshot 6
5

Flowtrik Charge

by Flowtrik

Installs760
Rating—
Last updatedJan 2026
View on Google Play ↗
Flowtrik Charge screenshot 1Flowtrik Charge screenshot 2Flowtrik Charge screenshot 3Flowtrik Charge screenshot 4Flowtrik Charge screenshot 5Flowtrik Charge screenshot 6
The business behind the activity

Energy storage tech financials in Chennai

Revenue, profit and growth from the filed annual accounts of 27 energy storage tech companies in Chennai, Tamil Nadu for FY24-25 — 30 of the 54 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 84% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹96.15 cr

27 companies filing accounts

combined net profit−₹20.48 cr

-21.3% aggregate margin

are profitable41%

11 of 27 companies

median revenue~₹97 lakh

the typical company

median revenue growth+29%

into FY24-25

earned by the top five84%

revenue concentration

Six-year view

Combined revenue of filing companies

₹239.72 crFY19-2010 filers
₹271.68 crFY20-2113 filers
₹212.48 crFY21-2217 filers
₹279.81 crFY22-2320 filers
₹180.44 crFY23-2424 filers
₹96.15 crFY24-2527 filers

The number of companies filing changes each year; the three-year cohort below compares like with like.

Like-for-like

The same 17 companies over three years

+143%
FY22-23₹34.62 cr−₹7.24 cr net
FY23-24₹42.65 cr−₹22.28 cr net
FY24-25₹84.28 cr−₹19.34 cr net

Companies with accounts for all three years, so growth is not an artefact of who filed.

Scale and profit

Bigger companies are far more often profitable

Under ₹1 cr1421% profitable
₹1–10 cr1070% profitable
₹10–100 cr333% profitable
₹100–1,000 cr0—
Over ₹1,000 cr0—

Companies by FY24-25 revenue. Bars show how many companies sit in each band.

Momentum

How fast revenue moved into FY24-25

Shrinking9
0–20%1
20–50%1
50–100%3
Doubled+7

21 companies with accounts for both years; median growth +29%.

Profitability

Profit is concentrated at the top

11profitable
16loss-making
-21.3%aggregate margin
-3.6%median margin

The aggregate margin is pulled up by a few large filers; the median shows the typical company.

Growth leaders · ₹10 cr+ revenue

Fastest growing, FY24-25

CompanyGrowthRevenue
Relux ElectricRELUX ELECTRIC PRIVATE LIMITED+391%₹10.23 cr
Shizen EnergySHIZEN ENERGY INDIA PRIVATE LIMITED-11%₹17.24 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Relux ElectricRELUX ELECTRIC PRIVATE LIMITED3.0%₹10.23 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Energy storage tech19₹81.83 cr~₹71 lakh42%-34.7%
Electric vehicles6₹12.90 cr~₹1.7 cr50%123.5%
Leaders

Largest energy storage tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Munoth IndustriesMUNOTH INDUSTRIES LIMITED₹38.66 cr−₹27.33 cr-70.7%>10×
Shizen EnergySHIZEN ENERGY INDIA PRIVATE LIMITED₹17.24 cr−₹62.60 lakh-3.6%-11%
Relux ElectricRELUX ELECTRIC PRIVATE LIMITED₹10.23 cr₹30.50 lakh3.0%+391%
LabkartsLABKARTS INDIA PRIVATE LIMITED₹7.39 cr₹11.10 lakh1.5%-19%
SaryamSARYAM ENGINEERING PRIVATE LIMITED₹6.88 cr₹10.55 lakh1.5%+95%
PLUGZmartMERAS PLUGINS PRIVATE LIMITED₹2.66 cr−₹2.79 cr-104.9%+117%
Amco BatteriesAMCO BATTERIES LIMITED₹2.34 cr₹22.84 cr975.7%-46%
ESYGOESYGO POWER PRIVATE LIMITED₹1.62 cr₹3.80 lakh2.3%—
GigatekbatteriesGIGATEK BATTERIES PRIVATE LIMITED₹1.45 cr₹0.04 lakh0.0%—
SosaleySOSALEY TECHNOLOGIES PRIVATE LIMITED₹1.39 cr−₹7.16 cr-516.2%+29%
Some figures are available to Radar members.Log in to Radar to see every figure

Standalone annual accounts filed with the Ministry of Corporate Affairs. Brands that share one legal entity are shown together and counted once.

Industry landscape report

AdTech Industry Landscape of Chennai

The financials above are one chapter. The full energy storage tech landscape of Chennai maps the whole industry — every segment, the capital behind it, the talent market and where the next opportunities are.

  • Market map of every sub-sector
  • Funding & company formation by year
  • Revenue, profit & financial strength
  • Digital footprint: traffic, apps, releases
  • Hiring, skills & pay
  • Founders & leaders
  • News & sentiment
  • Where demand runs ahead of supply
Read the energy storage tech landscape of Chennai
For investors and data teams

Put this intelligence into your own tools

The figures on this page come from Fliar’s company, funding and MCA filings data. Use it through the Investor Intelligence API and MCA financials feeds, or explore every company, filing and investor in Radar.

Capital & corporate activity

Energy storage tech funding and M&A across India

410 recorded equity rounds have gone to 1,099 energy storage tech companies in India — how much, at which stage, into which sub-sectors, from whom, and how Chennai compares. Debt, IPO and grant rounds are excluded.

equity rounds, last 12 months21

US$93.00m

equity rounds, last 24 months83

US$295.22m

raised over five yearsUS$1.21bn

320 rounds in India

M&A deals, India12

last 24 months

Capital by year

Equity funding into energy storage tech in India

amount rounds
$16m201820
$70m201926
$19m202028
$152m202157
$203m202272
$294m202364
$306m202459
$179m202554
$81m202614

Bars show US$ raised; the number under each year is equity rounds. 2026 is year to date. The peak year was 2024, with US$306.06m across 59 rounds.

The funding ladder · five years

Rounds and typical cheque by stage

AngelUS$12.14m42 rounds · median US$69k
SeedUS$208.00m199 rounds · median US$453k
Series AUS$506.25m53 rounds · median US$5.91m
Series BUS$354.84m24 rounds · median US$12.48m
Series CUS$14.71m1 rounds · median US$14.71m
Series D+US$118.95m1 rounds · median US$118.95m
Where the money went · five years

Most-funded sub-sectors

Energy storage techUS$673.49m183 rounds · 77 companies
Electric vehiclesUS$391.10m100 rounds · 36 companies
Logistics techUS$45.65m5 rounds · 2 companies
Smart citiesUS$43.70m2 rounds · 1 companies
Renewable energy techUS$23.89m10 rounds · 5 companies
Iot applicationsUS$13.50m2 rounds · 2 companies
Auto componentsUS$8.10m6 rounds · 2 companies
Corporate activity · last 24 months

M&A in India

12Acquisition

Most active acquirers

  1. ChargeZone1
  2. International Conveyors1
  3. Yuma energy1
  4. Morgan stanley1
  5. PowerBank1

Most acquired or merged

  1. Sterling and wilson renewable energy5
  2. Greenfuel energy solutions2
  3. Zerovolt1
  4. Grinntech motors & services1
  5. Solar flow-through1

Each deal appears in the events strip at the top of the page.

Energy storage tech funding in Chennai

5 energy storage tech companies in Chennai have recorded equity funding, US$3.37m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Chennai

Meet the people behind energy storage tech companies in Chennai. 33 of 54 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Chennai energy storage tech companies by sub-sector

The most common specialisations among energy storage tech companies in Chennai. Open a company to see what it sells, who runs it and how far it has come.

Keep exploring energy storage tech in India and nearby markets.

Coming soon