Radar · Energy Storage Tech in India
Best Energy Storage Tech Companies in India
The 732 best Energy Storage Tech companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: GFCL EV.
By Riya SenguptaFinancials
732companies tracked
$1.3Bdisclosed funding
0unicorns
158have raised
Ranking the best Energy Storage Tech companies in India by disclosed equity funding and recent momentum, this directory tracks 732 ventures sitting on $1.3B in combined disclosed capital, and not one of them has crossed the unicorn line yet. That gap between funding scale and valuation milestone tells you something real about where this sector sits. The combined revenue pool across 411 validated filers hits $1.1B, with a median company posting $206,148 in annual revenue and growing it at 46% year-over-year. Those aren't projections. They're filed numbers. Lohum Cleantech leads the earners at $96M in revenue, up 59%, while Servotech Renewable Power System filed $79M at a striking 91% growth clip. And Lohum Materials, the quieter entity in the same family, clocked $49M at 338% growth, putting its net income at roughly 361 times the sector median of $12,662.
So what's pulling capital in? According to Frost & Sullivan, the global energy storage market is forecast to grow at a 41% CAGR, driven by declining project costs and rising grid demand charges, dynamics that hit India's power infrastructure squarely. Battery Smart has pulled $110M in disclosed funding, Lohum sits at $63M, and Exponent Energy at $47M, making them the clear funding anchors in our directory. I'd note that app-layer momentum backs the hardware story too, with median install growth at 28% across energy sector apps. The hot themes right now, per our coverage data, are EV battery technology and next-generation EV platforms, and recent analysis on battery storage enabling renewables underscores why the capital keeps flowing toward exactly these companies.
Sources & further reading
- American Clean Power Association’s (ACP) Q4 2025 Clean Power Quarterly Market Report
FLIAR INTELLIGENCE · ENERGY STORAGE TECH × INDIA
Our analysis of 50 Energy Storage Tech companies
$13.7b in tracked funding; 88% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
50companies analysed
88%cloud-native stacks
2025funding peak (by rounds)
4unicorns
2015median founding year
1.5Mcombined LinkedIn audience
36%of audience held by top 3
13companies hiring publicly (12 mo)
Ranked: Best Energy Storage Tech companies in India
| # | Company | Disclosed funding | Last round | Revenue | Revenue YoY | Tech stack | Web popularity | Market signals (1y) | Patents & IP focus | Recent signals |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Jakson Green Developer of solar PV projects 76Partners top 18%Fin. health top 21%Market top 24%Funding top 31% All 10 signals ▾Partnerstop 18% Fin. healthtop 21% Markettop 24% Fundingtop 31% Moattop 34% Growthtop 37% Newstop 46% Talentbottom 49% Techbottom 48% Globalbottom 45% Partners: 5 contract events in 12 mo · Named contractor/client in 5 deals Fin. health: Revenue ~$846M (FY2023) · Net margin 4.0% rank vs industry peers · Fliar Intelligence Index 76/100 | $43M | 22 mo ago | $846M FY2025 | +43% | WordPressApple iCloud MailMySQL+25 | Top 5M | 7 signals ▼63% Contracts · Announcements · Funding | — | 1 job opening |
| 2 | Lohum Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining 72Moat top 20%Funding top 27%Talent top 28%Partners top 32% All 10 signals ▾Moattop 20% Fundingtop 27% Talenttop 28% Partnerstop 32% Growthtop 34% Techtop 36% Markettop 40% Fin. healthtop 47% Newstop 48% Globalbottom 39% Moat: Top 1% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 8/10 Funding: Raised $62.5M across 13 rounds · 13 rounds over 8 yrs (1.6/yr) rank vs industry peers · Fliar Intelligence Index 72/100 | $63M | 8 mo ago | $99M FY2025 | — | WordPressMySQLPHP+29 | Top 5M | 7 signals ▼59% Regulatory · Announcements · Capital raise | — | 1 award |
| 3 | SUN Mobility Provider of battery swapping services for electric vehicles and related infrastructure 62Moat top 21%Talent top 28%Partners top 31%Growth top 33% All 11 signals ▾Moattop 21% Talenttop 28% Partnerstop 31% Growthtop 33% Newstop 33% Markettop 34% Fundingtop 39% Fin. healthtop 45% Producttop 46% Globalbottom 45% Techbottom 28% Moat: Top 4% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 8/10 Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 62/100 | $50M | 10 mo ago | $40M FY2025 | +17% | LeafletMapbox.jsMapbox GL JS+10 | Top 5M | 5 signals ▲25% Capital raise · Funding | — | 1 award |
| 4 | Battery Smart Platform offering operator of battery-swapping network for electric vehicles and related services 69Moat top 21%Funding top 24%Growth top 25%Market top 33% All 11 signals ▾Moattop 21% Fundingtop 24% Growthtop 25% Markettop 33% Newstop 34% Producttop 37% Talenttop 38% Fin. healthtop 42% Techtop 47% Innovationbottom 46% Globalbottom 39% Moat: Top 4% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 8/10 Funding: Raised $110M across 11 rounds · 11 rounds over 6 yrs (1.8/yr) rank vs industry peers · Fliar Intelligence Index 69/100 | $110M | 1 mo ago | $33M FY2025 | +49% | Node.jsTailwind CSSReact+12 | Top 5M | 6 signals ▼45% Funding · New product · Earnings | — | 1 internship · 1 award |
| 5 | Blue Energy Motors Platform offering heavy duty trucks 53Moat top 29%Innovation top 32%Growth top 36%News top 36% All 11 signals ▾Moattop 29% Innovationtop 32% Growthtop 36% Newstop 36% Markettop 46% Producttop 46% Fundingbottom 49% Talentbottom 49% Fin. healthbottom 44% Globalbottom 43% Techbottom 33% Moat: Top 8% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 5/10 Innovation: 4 new-product events in 24 mo rank vs industry peers · Fliar Intelligence Index 53/100 | $30M | 8 mo ago | $17M FY2025 | — | PHPCodeIgniterBootstrap+12 | Top 5M | 18 signals Funding · Announcements · New product | — | — |
| 6 | Pureev.in Manufacturer of energy storage products and electric vehicles with lithium batteries 57Moat top 22%Market top 25%Funding top 25%Fin. health top 25% All 11 signals ▾Moattop 22% Markettop 25% Fundingtop 25% Fin. healthtop 25% Talenttop 38% Producttop 43% Innovationbottom 48% Techbottom 43% Globalbottom 37% Growthbottom 25% Newsbottom 24% Moat: Top 8% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 8/10 Market: 126 employees (top 16% of Electric Vehicles) · Revenue ~$16.3M rank vs industry peers · Fliar Intelligence Index 57/100 | $14M | 15 mo ago | $16M FY2025 | — | PHPCodeIgniterBootstrap+8 | Top 1M | — | — | — |
| 7 | IPEC Platform offering power conversion products and solutions for e-mobility | $3M | 14 mo ago | $15M FY2025 | +41% | WordPressMySQLPHP+19 | Top 5M | — | — | — |
| 8 | Log9 Online platform offering advanced battery technology solutions for electric vehicles 60Moat top 21%Funding top 31%Innovation top 32%Tech top 33% All 10 signals ▾Moattop 21% Fundingtop 31% Innovationtop 32% Techtop 33% Producttop 39% Markettop 44% Growthbottom 48% Fin. healthbottom 44% Globalbottom 39% Newsbottom 27% Moat: Top 5% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 8/10 Funding: Raised $90.0M across 15 rounds · 15 rounds over 10 yrs (1.5/yr) rank vs industry peers · Fliar Intelligence Index 60/100 | $90M | 25 mo ago | $13M FY2024 | +58% | WordPress Block EditorElementorWordPress+31 | Top 5M | — | — | — |
| 9 | Indigrid Technology Platform offering electric vehicle powertrain products and electronic design manufacturing services 53Growth top 25%Moat top 30%Partners top 31%News top 35% All 10 signals ▾Growthtop 25% Moattop 30% Partnerstop 31% Newstop 35% Talenttop 38% Fin. healthtop 42% Fundingtop 47% Markettop 50% Globalbottom 32% Techbottom 23% Growth: Headcount 51 → 84 (+65%) across vintages · Revenue +62% YoY Moat: Top 9% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 53/100 | $6M | 5 mo ago | $13M FY2025 | +62% | Google MapsUbuntuBootstrap+9 | Top 10M | 18 signals Funding · Acquisition · M&A | — | 1 award |
| 10 | Neuron Energy Manufacturer of lithium-ion batteries for electric vehicles and energy storage 76Fin. health top 23%Moat top 24%Growth top 27%Funding top 31% All 11 signals ▾Fin. healthtop 23% Moattop 24% Growthtop 27% Fundingtop 31% Techtop 32% Newstop 36% Markettop 38% Talenttop 38% Innovationbottom 47% Productbottom 45% Globalbottom 37% Fin. health: Revenue ~$12.6M (FY2023) · Net margin 0.7% Moat: Top 5% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 76/100 | $5M | 10 mo ago | $13M FY2025 | +68% | WordPressMySQLZoho+20 | Top 10M | 6 signals ▲20% Funding · Capital raise · Announcements | — | 1 launch · 1 award |
| 11 | Amperehour Solar Technology Provider of energy storage systems and energy management platform solutions | $2M | 16 mo ago | $10M FY2025 | — | WordPressMySQLPHP+18 | Top 10M | — | — | 1 launch |
| 12 | Magenta Provider of electric vehicle fleets and charging infrastructure management services 55Moat top 23%Funding top 34%Talent top 38%Partners top 41% All 11 signals ▾Moattop 23% Fundingtop 34% Talenttop 38% Partnerstop 41% Growthtop 42% Newstop 42% Markettop 43% Producttop 46% Techbottom 46% Fin. healthbottom 46% Globalbottom 37% Moat: Top 10% by revenue among 865 tracked Logistics Tech companies · Editorial + unicorn rating 8/10 Funding: Raised $56.2M across 8 rounds · 8 rounds over 7 yrs (1.1/yr) rank vs industry peers · Fliar Intelligence Index 55/100 | $56M | 14 mo ago | $10M FY2025 | +89% | Apple iCloud MailGoogle WorkspacePHP+21 | Top 5M | 9 signals ▼76% Leadership · Funding | — | 1 job opening |
| 13 | Statiq Network of electric vehicle chargers and related software solutions provider 80Tech top 20%Moat top 22%Market top 30%Growth top 30% All 11 signals ▾Techtop 20% Moattop 22% Markettop 30% Growthtop 30% Fundingtop 32% Customerstop 33% Talenttop 38% Fin. healthtop 44% Producttop 47% Newstop 49% Globalbottom 39% Tech: 72 technologies across 6/8 capability areas · Cloud: Amazon Web Services, Cloudflare Moat: Top 2% by revenue among 50 tracked Smart Cities companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 80/100 | $28M | 3 mo ago | $9M FY2025 | +74% | WordPressZohoMySQL+29 | Top 1M | 4 signals ▼43% Funding · Capital raise | — | 2 launchs · 3 expansions |
| 14 | ChargeZone Operator of electric vehicle charging stations and related software services | $108M | 25 mo ago | $7M FY2025 | — | Webflowanime.jsGSAP+20 | Top 1M | — | — | — |
| 15 | Exponent Energy Provider of rapid-charging battery, charger, and connector technology for EVs 55Moat top 27%Talent top 28%Funding top 30%Growth top 32% All 11 signals ▾Moattop 27% Talenttop 28% Fundingtop 30% Growthtop 32% Innovationtop 39% Producttop 46% Markettop 47% Techbottom 42% Globalbottom 39% Fin. healthbottom 27% Newsbottom 20% Moat: Top 12% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 7/10 Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 55/100 | $47M | 4 mo ago | $5M FY2025 | — | Framer SitesYouTubeReact+12 | Top 5M | — | — | 2 partnerships |
| 16 | Kazam Platform offering electric vehicle charging and energy management 83Growth top 18%Funding top 27%Talent top 28%Moat top 30% All 9 signals ▾Growthtop 18% Fundingtop 27% Talenttop 28% Moattop 30% Markettop 34% Fin. healthtop 36% Techtop 42% Producttop 46% Globalbottom 48% Growth: Revenue +240% YoY · Fresh capital in last 24 mo Funding: Raised $20.1M across 6 rounds · 6 rounds over 5 yrs (1.2/yr) rank vs industry peers · Fliar Intelligence Index 83/100 | $20M | 12 mo ago | $5M FY2025 | +240% | Node.jsTailwind CSSAmazon ALB+11 | Top 5M | — | — | — |
| 17 | Fabric IoT Provider of data and energy infrastructure for electric vehicle charging 55Growth top 21%Moat top 25%Talent top 28%Funding top 41% All 8 signals ▾Growthtop 21% Moattop 25% Talenttop 28% Fundingtop 41% Fin. healthtop 48% Techbottom 44% Marketbottom 38% Globalbottom 37% Growth: Revenue +72% YoY · Fresh capital in last 24 mo Moat: Top 11% by revenue among 73 tracked IoT Applications companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 55/100 | $14M | 13 mo ago | $4M FY2024 | +72% | Node.jsRadix UITailwind CSS+9 | Top 50M | — | — | — |
| 18 | Vecmocon Developer of battery management systems, chargers, vehicle intelligence modules, and clusters | $6M | 19 mo ago | $4M FY2025 | +103% | WordPressMySQLPHP+23 | Top 5M | — | — | — |
| 19 | BatX Energies Provider of lithium-ion battery recycling services producing battery grade materials | $7M | 17 mo ago | $4M FY2025 | +46% | WordPressMySQLPHP+22 | Top 10M | — | 3 patents Lithium‑ion battery recycling and precursor material production from spent battery black mass | — |
| 20 | VoltUp Provider of battery swapping for electric two- and three-wheelers to support urban mobility 64Moat top 27%Growth top 28%Funding top 29%Market top 35% All 10 signals ▾Moattop 27% Growthtop 28% Fundingtop 29% Markettop 35% Techtop 49% Fin. healthtop 49% Producttop 49% Talentbottom 49% Globalbottom 32% Newsbottom 18% Moat: Top 16% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 4/10 Growth: Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 64/100 | $18M | 16 mo ago | $4M FY2025 | — | Windows ServerW3.CSSBootstrap+17 | Top 5M | — | — | — |
| 21 | GFCL EV Provider of intermediate chemicals for lithium and sodium-ion battery applications 40Growth top 24%Funding top 32%Moat top 41%Partners top 45% All 10 signals ▾Growthtop 24% Fundingtop 32% Moattop 41% Partnerstop 45% Newstop 47% Talentbottom 49% Marketbottom 38% Fin. healthbottom 37% Techbottom 35% Globalbottom 30% Growth: Revenue +5053% YoY · Web rank 50,000,000 → 10,000,000 YoY Funding: Raised $119M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 40/100 | $119M | 19 mo ago | $4M FY2025 | +5053% | PHPLaravelBootstrap+10 | Top 10M | 6 signals Capital raise · Funding · Incorporation | — | — |
| 22 | Zeno Provider of high-performance electric mobility solutions 48Growth top 28%Talent top 28%Moat top 33%Funding top 41% All 9 signals ▾Growthtop 28% Talenttop 28% Moattop 33% Fundingtop 41% Globalbottom 48% Productbottom 48% Marketbottom 46% Techbottom 46% Fin. healthbottom 23% Growth: Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 48/100 | $34M | 3 mo ago | $3M FY2025 | — | Node.jsReactNext.js App Router+10 | Top 5M | — | — | 1 job opening · 2 expansions |
| 23 | Chargeup Platform offering electric vehicle charging station network operators 60Growth top 23%Talent top 28%Moat top 31%Innovation top 33% All 11 signals ▾Growthtop 23% Talenttop 28% Moattop 31% Innovationtop 33% Newstop 37% Fundingtop 42% Techtop 46% Producttop 46% Fin. healthbottom 42% Marketbottom 40% Globalbottom 32% Growth: Headcount 77 → 116 (+51%) across vintages · Revenue +161% YoY Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 60/100 | $10M | 4 mo ago | $2M FY2025 | +161% | WordPressMySQLPHP+18 | Top 10M | — | — | — |
| 24 | Enerzi Manufacturer of microwave systems, materials, and hydrogen generation components | $2M | 6 mo ago | $2M FY2025 | +9% | WordPress Block EditorElementorWordPress+20 | Top 50M | — | — | — |
| 25 | Urja Mobility Platform offering battery leasing solutions for electric vehicles 35Growth top 35%Moat top 37%Talent top 38%Fin. health top 42% All 11 signals ▾Growthtop 35% Moattop 37% Talenttop 38% Fin. healthtop 42% Fundingbottom 46% Productbottom 45% Innovationbottom 41% Techbottom 32% Globalbottom 32% Marketbottom 30% Newsbottom 21% Growth: Revenue +4299% YoY · Fresh capital in last 24 mo Moat: Top 32% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 5/10 rank vs industry peers · Fliar Intelligence Index 35/100 | $12M | 22 mo ago | $2M FY2025 | +4299% | MUIReactReact Router+6 | Top 50M | — | — | 1 job opening |
| 26 | Bolt.Earth Provider of electric vehicle charging hardware, software, and support services 82Innovation top 25%Growth top 28%Talent top 28%Funding top 29% All 13 signals ▾Innovationtop 25% Growthtop 28% Talenttop 28% Fundingtop 29% Techtop 29% Markettop 36% Customerstop 36% Moattop 36% Producttop 40% Fin. healthtop 45% Partnerstop 45% Globalbottom 43% Newsbottom 23% Innovation: 8 product lines · Deep-tech classification: Tech Hardware Growth: Revenue +53% YoY · Web rank 5,000,000 → 1,000,000 YoY rank vs industry peers · Fliar Intelligence Index 82/100 | $25M | 17 mo ago | $2M FY2025 | +53% | Cart FunctionalitySentryApple iCloud Mail+27 | Top 1M | — | — | 1 partnership |
| 27 | Matter Energy Provider of mobility, stationary, and customized products for energy storage 62Growth top 22%Moat top 25%Talent top 28%Funding top 36% All 7 signals ▾Growthtop 22% Moattop 25% Talenttop 28% Fundingtop 36% Markettop 47% Globalbottom 39% Fin. healthbottom 36% Growth: Headcount 410 → 522 (+27%) across vintages · Revenue +67% YoY Moat: Top 28% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 8/10 rank vs industry peers · Fliar Intelligence Index 62/100 | $53M | 23 mo ago | $1M FY2025 | +67% | — | — | — | — | — |
| 28 | RACE Provider of battery swapping and electric vehicle infrastructure solutions 60Talent top 28%Growth top 36%Moat top 37%Fin. health top 41% All 9 signals ▾Talenttop 28% Growthtop 36% Moattop 37% Fin. healthtop 41% Fundingtop 42% Markettop 47% Techbottom 47% Productbottom 45% Globalbottom 37% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Growth: Headcount 45 → 33 (-27%) across vintages · Revenue +213% YoY rank vs industry peers · Fliar Intelligence Index 60/100 | $5M | 12 mo ago | $1M FY2024 | +213% | YouTubeBootstrapLiteSpeed+13 | Top 50M | — | — | — |
| 29 | Clean Electric Manufacturer of battery technology for energy storage and electric vehicles 50Growth top 24%Moat top 36%Talent top 38%Funding top 41% All 12 signals ▾Growthtop 24% Moattop 36% Talenttop 38% Fundingtop 41% Producttop 41% Innovationtop 43% Patentstop 43% Techtop 47% Fin. healthbottom 39% Marketbottom 34% Globalbottom 33% Newsbottom 18% Growth: Headcount 10 → 30 (+200%) across vintages · Revenue +287% YoY Moat: Top 35% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 50/100 | $8M | 21 mo ago | $1M FY2025 | +287% | Wix eCommerceCart FunctionalityWix+15 | Top 10M | — | 7 patents Immersion-cooled modular EV battery packs and swapping stations | — |
| 30 | Webber ElectroCorp Manufacturer of battery management systems and controllers for electric vehicles 53Innovation top 32%Moat top 41%Growth top 45%Fin. health top 45% All 11 signals ▾Innovationtop 32% Moattop 41% Growthtop 45% Fin. healthtop 45% Fundingtop 46% Talentbottom 49% Marketbottom 48% Techbottom 48% Productbottom 45% Globalbottom 32% Newsbottom 18% Innovation: 4 new-product events in 24 mo Moat: Top 33% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 4/10 rank vs industry peers · Fliar Intelligence Index 53/100 | $1M | 6 mo ago | $873K FY2025 | +28% | WordPress Block EditorElementorWordPress+25 | Top 50M | — | — | — |
| 31 | Hygenco Provider of green hydrogen and green ammonia production and distribution solutions 48Talent top 28%Moat top 36%Growth top 39%Funding top 44% All 10 signals ▾Talenttop 28% Moattop 36% Growthtop 39% Fundingtop 44% Fin. healthbottom 47% Marketbottom 45% Techbottom 42% Globalbottom 37% Partnersbottom 35% Newsbottom 29% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Moat: Top 33% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 48/100 | $25M | 18 mo ago | $845K FY2025 | +287% | PHPCodeIgniterBootstrap+11 | Top 5M | — | — | — |
| 32 | Offgrid Energy Labs Developer of zinc-bromide batteries for long-duration energy storage | $15M | 16 mo ago | $509K FY2025 | -32% | WixSentryBootstrap+10 | Top 50M | 4 signals Funding | 22 patents Patents concentrated in electrical & electronics | — |
| 33 | Pulse Energy Platform offering for electric vehicle charger management 62Growth top 28%Tech top 28%Talent top 28%Funding top 38% All 11 signals ▾Growthtop 28% Techtop 28% Talenttop 28% Fundingtop 38% Partnerstop 45% Moattop 47% Producttop 49% Marketbottom 49% Fin. healthbottom 41% Globalbottom 32% Newsbottom 21% Growth: Web rank 5,000,000 → 1,000,000 YoY · Fresh capital in last 24 mo Tech: 34 technologies across 6/8 capability areas · Cloud: Amazon Ses, Amazon Web Services rank vs industry peers · Fliar Intelligence Index 62/100 | $2M | 12 mo ago | $463K FY2025 | — | SentryAceApexCharts.js+17 | Top 1M | — | — | 1 job opening |
| 34 | NewTrace Manufacturer of electrolyzers for on-site green hydrogen production across industries 40Growth top 35%Talent top 38%Tech top 45%News top 45% All 11 signals ▾Growthtop 35% Talenttop 38% Techtop 45% Newstop 45% Moattop 45% Innovationtop 46% Fundingtop 47% Patentstop 47% Globalbottom 40% Marketbottom 36% Fin. healthbottom 22% Growth: Headcount 32 → 96 (+200%) across vintages · Revenue -3% YoY Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 40/100 | $7M | 3 mo ago | $420K FY2025 | -3% | TurbopackNode.jsTailwind CSS+13 | Top 10M | — | 3 patents Electrode manufacturing and flow‑by electrolytic reactors for metal plating processes | — |
| 35 | peakAmp Provider of advanced technology solutions for managing and recycling EV batteries | $1M | 9 mo ago | $189K FY2025 | — | TurbopackNode.jsUbuntu+11 | Top 50M | — | — | — |
| 36 | Sheru Provider of cloud-based energy storage solutions | $1M | 13 mo ago | $139K FY2025 | -62% | — | — | — | — | — |
| 37 | TriNANO Manufacturer of protective nano coatings for solar energy panel surfaces 37Growth top 21%Talent top 28%Funding bottom 47%Moat bottom 42% All 8 signals ▾Growthtop 21% Talenttop 28% Fundingbottom 47% Moatbottom 42% Techbottom 41% Fin. healthbottom 38% Globalbottom 32% Marketbottom 22% Growth: Revenue +146% YoY · Fresh capital in last 24 mo Talent: 4 named leaders on record · 4 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 37/100 | $558K | 2 mo ago | $112K FY2025 | +146% | WordPressMySQLPHP+23 | Top 50M | — | — | 1 award |
| 38 | Dreamfly Innovations Manufacturer of lithium and graphene batteries for electric aviation | $300K | 4 mo ago | $110K FY2025 | +322% | Wix eCommerceWixSentry+12 | Top 50M | — | — | 3 job openings |
| 39 | Entuple E-Mobility Developer of electric powertrains, turbo chargers, traction motors, and motor controllers 57Growth top 22%Talent top 28%Innovation top 35%Funding top 40% All 11 signals ▾Growthtop 22% Talenttop 28% Innovationtop 35% Fundingtop 40% Patentstop 41% Fin. healthbottom 49% Moatbottom 44% Marketbottom 42% Globalbottom 37% Techbottom 26% Newsbottom 22% Growth: Headcount 36 → 46 (+28%) across vintages · Revenue +220% YoY Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 57/100 | $4M | 5 mo ago | $104K FY2025 | +220% | Google MapsBootstrapApache HTTP Server+4 | Top 50M | — | 13 patents Efficient induction motor cooling and design for electric vehicle powertrains | — |
| 40 | Godi Manufacturer of sustainable energy storage solutions | $9M | 9 mo ago | $92K FY2025 | -52% | BootstrapApache HTTP ServerCloudflare+12 | Top 50M | — | 10 patents Patents concentrated in electrical & electronics | — |
| 41 | H2 Carbon Zero Manufacturer of modular,stackable hydrogen fuel cell systems and subsystems for stationary power and energy… | $850K | 8 mo ago | $51K FY2025 | -18% | — | — | — | — | 1 expansion |
| 42 | Vimano Manufacturer of nanotech membranes for energy storage and fuel cells | $3M | 14 mo ago | $36K FY2025 | +65% | WixSentryBootstrap+10 | Top 10M | — | — | — |
| 43 | Aloe Ecell Provider of eco‑friendly, aloe‑vera‑based primary batteries | $386K | 5 mo ago | $33K FY2025 | — | Cart FunctionalityWix eCommerceWix+18 | Top 5M | — | — | 1 job opening |
| 44 | MEINE Electric Developer of sustainable energy solutions | $345K | 4 mo ago | $18K FY2025 | — | TurbopackNode.jsTailwind CSS+8 | Top 50M | — | — | 3 awards |
| 45 | e-TRNL Energy Provider of lithium ion battery 14Talent top 38%Patents top 42%Innovation top 45%Funding bottom 45% All 11 signals ▾Talenttop 38% Patentstop 42% Innovationtop 45% Fundingbottom 45% Growthbottom 42% Newsbottom 40% Techbottom 34% Globalbottom 33% Moatbottom 31% Marketbottom 19% Fin. healthbottom 9% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Patents: 8 patents matched (strict assignee match) · 8 filings since 2022 vs 0 in 2017-21 rank vs industry peers · Fliar Intelligence Index 14/100 | $911K | 4 mo ago | $16K FY2025 | -62% | GoDaddy Website BuilderReactRequireJS+5 | Top 5M | — | 8 patents Patents concentrated in electrical & electronics | 1 job opening |
| 46 | Bacancy Systems Manufacturer of electric vehicle components and embedded systems 32News top 34%Talent top 38%Growth top 45%Funding bottom 46% All 8 signals ▾Newstop 34% Talenttop 38% Growthtop 45% Fundingbottom 46% Techbottom 42% Moatbottom 38% Marketbottom 36% Globalbottom 30% News: 4 BI events in 12 mo (of 4 tracked, 1 types) · Top themes: Funding Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 32/100 | $4M | 2 mo ago | — | — | SentryPHPWistia+13 | Top 5M | 4 signals Funding | — | 1 award |
| 47 | Enerzolve Provider of engineering solutions for intelligent energy and grid systems 19Funding top 45%Talent bottom 49%Tech bottom 45%Global bottom 45% All 5 signals ▾Fundingtop 45% Talentbottom 49% Techbottom 45% Globalbottom 45% Marketbottom 25% Funding: Raised $5.1M across 1 rounds · 1 rounds over 1 yrs (1.0/yr) Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 19/100 | $5M | 4 mo ago | — | — | TurbopackNode.jsGoogle Maps+10 | Top 50M | — | — | 3 launchs |
| 48 | Hycosys Developer of hydrogen combustion systems for power generation and electricity backup 9News top 38%Talent top 38%Funding bottom 45%Global bottom 32% All 6 signals ▾Newstop 38% Talenttop 38% Fundingbottom 45% Globalbottom 32% Marketbottom 25% Techbottom 15% News: 3 BI events in 12 mo (of 3 tracked, 1 types) · Top themes: Funding Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 9/100 | $1M | 3 mo ago | — | — | Apache HTTP ServerGoogle Font APIFont Awesome+5 | Top 50M | 3 signals Funding | — | — |
| 49 | Xbattery Platform offering battery management systems for electric vehicles and energy storage 50Growth top 28%Talent top 28%Funding top 40%Tech bottom 42% All 6 signals ▾Growthtop 28% Talenttop 28% Fundingtop 40% Techbottom 42% Marketbottom 35% Globalbottom 34% Growth: Web rank 50,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo Talent: 3 named leaders on record · 3 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 50/100 | $3M | 9 mo ago | — | — | ContentfulNode.jsChakra UI+9 | Top 10M | — | — | 1 job opening · 1 launch |
| 50 | ThunderPlus Provider of electric vehicle charging solutions for residential and commercial use 35Growth top 35%Funding top 41%Product top 42%News top 45% All 10 signals ▾Growthtop 35% Fundingtop 41% Producttop 42% Newstop 45% Talentbottom 49% Fin. healthbottom 45% Globalbottom 37% Marketbottom 35% Techbottom 33% Moatbottom 33% Growth: Fresh capital in last 24 mo Funding: Raised $327k across 1 rounds · 1 rounds over 1 yrs (1.0/yr) rank vs industry peers · Fliar Intelligence Index 35/100 | $327K | 3 mo ago | — | — | PHPBootstrapApache HTTP Server+10 | Top 5M | 3 signals ▲50% Announcements · Earnings · Hiring | — | 1 job opening · 1 launch |
Top 12 Energy Storage Tech companies in India
#1
Series B · Delhi, Delhi · founded 2019 · 419 employees$110.3Mraised▾
Series B · Delhi, Delhi · founded 2019 · 419 employees
Platform offering operator of battery-swapping network for electric vehicles and related services. It provides battery solutions for drivers and fleets. It also offers resources, media, and safety information. The company focuses on electric vehicle battery technology.
Fliar Intelligence Index™ 69how this company ranks against its industry peers
Moat
top 21%Funding
top 24%Growth
top 25%Market
top 33%News
top 34%Product
top 37%Moat: Top 4% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $110M across 11 rounds · 11 rounds over 6 yrs (1.8/yr) · Last round Conventional Debt (Apr 2026)
Growth: Headcount 267 → 419 (+57%) across vintages · Revenue +49% YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 130k LinkedIn followers — 8.6% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Apr 2026Conventional Debt$15M
- Dec 2025Series B$7.4M
- 2025Venture Debt—
- Mar 2025Series B$29M
Founders & team
Investors
MUFG, Blume Venture, Ecosystem Integrity Fund, British International Investment, LeapFrog Investments, Panasonic
Tech stack
Amazon Web ServicesAws Certificate ManagerCore-JsFacebook PixelGoogle AnalyticsGoogle Workspace
#2
Series C · Bengaluru, Karnataka · founded 2020 · 229 employees$47Mraised▾
Series C · Bengaluru, Karnataka · founded 2020 · 229 employees
Provider of rapid-charging battery, charger, and connector technology for EVs. The company offers a full energy stack comprising a proprietary battery pack, charging station, and high-current connector engineered to work together for ultra-fast charging. Its technology enables lithium iron phosphate battery packs to charge from empty to full in around a quarter of an hour while maintaining long cycle life, using water-based thermal management and advanced cell control.
Fliar Intelligence Index™ 55how this company ranks against its industry peers
Moat
top 27%Talent
top 28%Funding
top 30%Growth
top 32%Innovation
top 39%Product
top 46%Moat: Top 12% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $47.0M across 7 rounds · 7 rounds over 5 yrs (1.4/yr) · Last round Series C (Feb 2026)
Audience (LinkedIn): 101k LinkedIn followers — 6.7% of this cohort's audience · 135 engagements/post (2.7× cohort median)
Activity (LinkedIn): 2 partnerships (incl. Atul Auto Ltd.) announced in 12 mo
Funding rounds
- Feb 2026Series C$14.7M
- Dec 2024Series B—
- Oct 2024Series B$214K
- Dec 2023Series B$26.4M
Founders & team
Investors
YourNest, 3one4 Capital, AdvantEdge, Wellfound, Sukalp Foundation, Pawan Munjal Family Trust
Tech stack
Core-JsFacebook PixelFramer SitesGodaddyGoogle AnalyticsGoogle Font Api
#3
Series A · Bengaluru, Karnataka · founded 2022$34.5Mraised▾
Series A · Bengaluru, Karnataka · founded 2022
Provider of high-performance electric mobility solutions. It delivers strong peak power with high top speed, conquers steep slopes under full load with impressive capacity, and offers ample real - world range across various ride modes—including a unique tractor mode for heavy hauls. It tackles city streets and rough tracks with solid ground clearance, dual disc brakes, and a long bench seat for passengers. It offer features such as gradeability, multiple ride modes, and storage options. The business model includes options for full ownership, subscription, and pay-as-you-go plans.
Fliar Intelligence Index™ 48how this company ranks against its industry peers
Growth
top 28%Talent
top 28%Moat
top 33%Funding
top 41%Global
bottom 48%Product
bottom 48%Growth: Web rank 10,000,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Talent: 4 named leaders on record · 4 C-suite/founder profiles curated
Moat: Top 24% by revenue among 625 tracked Electric Vehicles companies · 10 curated direct competitors tracked
Audience (LinkedIn): 50k LinkedIn followers — 3.3% of this cohort's audience
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Technical Product Specialist
Activity (LinkedIn): 1 awards · 2 expansions announced in 12 mo
Funding rounds
- Mar 2026Conventional Debt$4.5M
- Mar 2026Series A$20.5M
- Mar 2025Seed—
- Sep 2024Seed$9.5M
Founders & team
Investors
Lowercarbon Capital, Toyota Ventures, DxVentures, Active Impact Investments, AdvantEdge, MCJ
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesAosBootstrapCart Functionality
#4
Series A · Gurugram, Haryana · founded 2020 · 230 employees$27.5Mraised▾
Series A · Gurugram, Haryana · founded 2020 · 230 employees
Network of electric vehicle chargers and related software solutions provider. The company offers both alternating current and direct current fast chargers. These chargers automatically adjust charging speed based on vehicle requirements. The company also provides a charging station management system to manage charger utilization.
Fliar Intelligence Index™ 80how this company ranks against its industry peers
Tech
top 20%Moat
top 22%Market
top 30%Growth
top 30%Funding
top 32%Customers
top 33%Tech: 72 technologies across 6/8 capability areas · Cloud: Amazon Web Services, Cloudflare · Devops: Nginx
Moat: Top 2% by revenue among 50 tracked Smart Cities companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Market: 230 employees (top 9% of High Tech) · Revenue ~$9.4M · ~9% of tracked Smart Cities revenue (50 cos, FY2025)
Audience (LinkedIn): 170k LinkedIn followers — 11.2% of this cohort's audience
Activity (LinkedIn): 2 product launches · 3 expansions announced in 12 mo
Funding rounds
- Feb 2026Conventional Debt—
- Feb 2026Series A$18M
- Jun 2022Series A$25.7M
- Aug 2020Seed$1.8M
Founders & team
Investors
Y Combinator, Shell, Tenacity Ventures, RCD Holdings, 10000 Startups, VentureSouq
Tech stack
Amazon Web ServicesAws Certificate ManagerCloudflareCloudflare Bot ManagementCloudflare Browser InsightsContact Form 7
#5
Series B · Noida, Uttar Pradesh · founded 2018 · 317 employees$62.5Mraised▾
Series B · Noida, Uttar Pradesh · founded 2018 · 317 employees
Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining. The company provides single-point lithium-ion battery recycling and reuse solutions. It recovers and recirculates critical battery raw materials, lowering battery costs and reducing reliance on mining. The company offers battery lifecycle management solutions, including recycling used batteries, determining residual value, and facilitating Extended Producer Responsibility (EPR) partnerships. It produces energy storage applications, batteries for low power e-mobility, and high-purity battery raw materials. The company addresses challenges related to battery metal depletion, rising battery waste, geo-disparity of raw materials, reverse logistics, and transparency in refining and recycling.
Fliar Intelligence Index™ 72how this company ranks against its industry peers
Moat
top 20%Funding
top 27%Talent
top 28%Partners
top 32%Growth
top 34%Tech
top 36%Moat: Top 1% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $62.5M across 13 rounds · 13 rounds over 8 yrs (1.6/yr) · Last round Series B (Oct 2025)
Talent: 4 named leaders on record · 3 C-suite/founder profiles curated
Audience (LinkedIn): 28k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Oct 2025Series B$11.3M
- Jan 2025Series B$1.3M
- Dec 2024Series B$200.8K
- Oct 2024Series B$12.5M
Founders & team
Investors
Stride Ventures, Baring Private Equity Partners, Vyoman India, Cactus Venture Partners, Ventureast, Duo Design
Tech stack
Animate.CssApache Http ServerBootstrap IconsCdnjsCloudflareElementor
#6
Seed · Bengaluru, Karnataka · founded 2020 · 96 employees$6.7Mraised▾
Seed · Bengaluru, Karnataka · founded 2020 · 96 employees
Manufacturer of electrolyzers for on-site green hydrogen production across industries. The company's electrolyzers use fluid engineering for gas separation, producing ultrapure hydrogen. Earth metal-based electrocatalysts are used to achieve performance close to PEM electrolyzers. The hydrogen production process splits water into hydrogen and oxygen, creating no carbon dioxide. The hydrogen can be used in oil refineries, chemical industry, steel and cement production, renewable energy storage, and mobility.
Fliar Intelligence Index™ 40how this company ranks against its industry peers
Growth
top 35%Talent
top 38%Tech
top 45%News
top 45%Moat
top 45%Innovation
top 46%Growth: Headcount 32 → 96 (+200%) across vintages · Revenue -3% YoY · Web rank 50,000,000 → 10,000,000 YoY
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Tech: 26 technologies across 3/8 capability areas · Cloud: Cloudflare, Vercel · Security: Hsts, Http/3
Audience (LinkedIn): 9k LinkedIn followers
Funding rounds
- Mar 2026Seed$6.3M
- Nov 2023Seed—
- May 2023Seed$5.7M
- Jun 2022Seed$1M
Founders & team
Investors
Speciale Invest, Micelio, IKP Knowledge Park, Peak XV Partners, Aavishkaar Capital, Surge
Tech stack
CdnjsCloudflareGodaddyGoogle Font ApiGoogle Hosted LibrariesHsts
#7
Seed · Delhi, Delhi · founded 2019 · 116 employees$9.6Mraised▾
Seed · Delhi, Delhi · founded 2019 · 116 employees
Platform offering electric vehicle charging station network operators. It provides users with a company that offers tools for managing assets, facilitating handovers, and optimizing the onboarding experience. It also offers a map displaying a network of swap points.
Fliar Intelligence Index™ 60how this company ranks against its industry peers
Growth
top 23%Talent
top 28%Moat
top 31%Innovation
top 33%News
top 37%Funding
top 42%Growth: Headcount 77 → 116 (+51%) across vintages · Revenue +161% YoY · Web rank 10,000,000 → 50,000,000 YoY
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Moat: Top 21% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 7/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 24k LinkedIn followers
Activity (LinkedIn): 1 product launches · 1 partnerships · 3 awards (incl. remoteAmp) announced in 12 mo
Funding rounds
- Jan 2026Seed$2.4M
- Nov 2022Conventional Debt—
- Feb 2022Seed$7M
- Sep 2021Seed$2.5M
Founders & team
Investors
Anicut Capital, Aska Equipments, Tiger Shroff Productions, Regencyagro, LF South Asia, Minda Advisory
Tech stack
ExpressGoogle CloudGoogle Cloud TraceGoogle Font ApiGoogle WorkspaceNode.Js
#8
Series B · Bengaluru, Karnataka · founded 2017 · 536 employees$50Mraised▾
Series B · Bengaluru, Karnataka · founded 2017 · 536 employees
Provider of battery swapping services for electric vehicles and related infrastructure. The company offers a pay-as-you-go model, separating the battery from the vehicle. This approach addresses issues such as high upfront costs and long refueling times. The company's technology includes smart batteries, quick interchange stations, and a smart network. The network enables asset monitoring and optimization of services.
Fliar Intelligence Index™ 62how this company ranks against its industry peers
Moat
top 21%Talent
top 28%Partners
top 31%Growth
top 33%News
top 33%Market
top 34%Moat: Top 4% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 8/10 · Soonicorn
Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Partners: 2 partnership announcements in 12 mo (3 in 24 mo) · Marquee-customer mentions: top 30% of tracked companies
Audience (LinkedIn): 232k LinkedIn followers — 15.4% of this cohort's audience
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Jul 2025Series B—
- Feb 2022Conventional Debt—
- Oct 2021Series B$50M
- Sep 2020Series A—
Founders & team
Investors
Bosch, Vitol, cKers Finance, Helios, PIDG, Indian Oil
Tech stack
BootstrapGodaddyGoogle AnalyticsGoogle Font ApiJqueryJquery Cdn
#9
Series A · Pune, Maharashtra · founded 2020 · 62 employees$30Mraised▾
Series A · Pune, Maharashtra · founded 2020 · 62 employees
Platform offering heavy duty trucks. It integrates advanced truck technology with supporting infrastructure, enabling corporate customers to adopt green fleets. It is manufacturing and deploying LNG and electric zero emission trucks.
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Moat
top 29%Innovation
top 32%Growth
top 36%News
top 36%Market
top 46%Product
top 46%Moat: Top 8% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 5/10 · 10 curated direct competitors tracked
Innovation: 4 new-product events in 24 mo
Growth: Headcount 49 → 62 (+27%) across vintages · Fresh capital in last 24 mo
Audience (LinkedIn): 33k LinkedIn followers — 2.2% of this cohort's audience
Funding rounds
- Sep 2025Series A$30M
- Apr 2023Seed—
- Sep 2022Seed—
Founders & team
Investors
FPT Industrial, Omnitex Industries, Exponentia Ventures
Tech stack
AosBootstrapCdnjsCloudflareCodeigniterFont Awesome
#10
Series A · Ahmedabad, Gujarat · founded 2021$4.2Mraised▾
Series A · Ahmedabad, Gujarat · founded 2021
Manufacturer of electric vehicle components and embedded systems. This company designs and produces key EV components, including battery management systems, chargers, and motor controllers. Additionally, it offers embedded systems design and development services for various industries, encompassing hardware, firmware, and software solutions. The services extend across the entire product lifecycle, from initial design to manufacturing and certification. Their expertise also includes analog and wireless design, FPGA engineering, and IoT hardware development.
Fliar Intelligence Index™ 32how this company ranks against its industry peers
News
top 34%Talent
top 38%Growth
top 45%Funding
bottom 46%Tech
bottom 42%Moat
bottom 38%News: 4 BI events in 12 mo (of 4 tracked, 1 types) · Top themes: Funding
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Growth: Web rank 5,000,000 → 10,000,000 YoY · Fresh capital in last 24 mo
Audience (LinkedIn): 10k LinkedIn followers
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Mar 2026Series A$4.2M
Founders & team
Investors
Sabre Partners, Greenstone Capital
Tech stack
BootstrapCdnjsCloudflareCloudflare Browser InsightsGoogle AnalyticsGoogle Font Api
#11
Series B · Navi Mumbai, Maharashtra · founded 2018 · 279 employees$56.2Mraised▾
Series B · Navi Mumbai, Maharashtra · founded 2018 · 279 employees
Provider of electric vehicle fleets and charging infrastructure management services. Operations include the deployment of battery-powered transport vehicles for logistics and delivery requirements. Technical systems facilitate fleet monitoring through data analytics and software integration. Charging hardware is installed to support the transition to electric mobility for commercial transport activities.
Fliar Intelligence Index™ 55how this company ranks against its industry peers
Moat
top 23%Funding
top 34%Talent
top 38%Partners
top 41%Growth
top 42%News
top 42%Moat: Top 10% by revenue among 865 tracked Logistics Tech companies · Editorial + unicorn rating 8/10 · Soonicorn
Funding: Raised $56.2M across 8 rounds · 8 rounds over 7 yrs (1.1/yr) · Last round Conventional Debt (Mar 2025)
Talent: 1 named leader on record · 1 C-suite/founder profile curated · 7 leadership moves in 12 mo
Audience (LinkedIn): 30k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Manager / Sr. Manager – Supply Chain Management, Assistant Manager - Finance
Funding rounds
- Mar 2025Series B$5.8M
- Mar 2025Conventional Debt$5.8M
- Feb 2023Conventional Debt$20M
- Feb 2023Series A$22M
Founders & team
Investors
Mahati Electrics, MLM Ventures, LV Angel Fund, LetsVenture, Singhvi Heritage, BP Ventures
Tech stack
Amazon SesAmazon Web ServicesAnimate.CssApache Http ServerApexcharts.JsApple Icloud Mail
#12
Series A · Gurugram, Haryana · founded 2017 · 84 employees$5.9Mraised▾
Series A · Gurugram, Haryana · founded 2017 · 84 employees
Platform offering electric vehicle powertrain products and electronic design manufacturing services. It offers solutions for electric mobility, encompassing advanced battery packs and charging infrastructure. The company also provides electronic design and manufacturing services (ESDM). Its focus is on delivering reliable, efficient, and sustainable solutions for the electric vehicle ecosystem. The services are designed to support the transition towards a greener future.
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Growth
top 25%Moat
top 30%Partners
top 31%News
top 35%Talent
top 38%Fin. health
top 42%Growth: Headcount 51 → 84 (+65%) across vintages · Revenue +62% YoY · 10 acquisition/expansion moves in 24 mo
Moat: Top 9% by revenue among 625 tracked Electric Vehicles companies · Editorial + unicorn rating 4/10 · 9 curated direct competitors tracked
Partners: 3 contract events in 12 mo · Named contractor/client in 3 deals
Audience (LinkedIn): 13k LinkedIn followers · 93 engagements/post (1.9× cohort median)
Activity (LinkedIn): 1 awards announced in 12 mo
Funding rounds
- Jan 2026Series A$4.4M
- Mar 2025Series A$4.1M
- May 2024Series A$5M
- Jun 2022Angel$385.9K
Founders & team
Investors
Cactus Venture Partners, Valour Capital, Xenon Trust, ITI Growth Opportunities, Global South Capital, Vimson Group
Tech stack
AosApache Http ServerBootstrapFont AwesomeGodaddyGoogle Maps
Funding & investor landscape
$1.3Btotal disclosed funding
138companies funded
385disclosed rounds
3rounds last 90 days
Most active investors
Notable founders
Pulkit Khurana
Co-Founder & CEO · Battery Smart
Siddharth Sikka
Co-Founder · Battery Smart
Sanjay Jagannath
Co-Founder · Exponent Energy
Arun Vinayak
Co-Founder & CEO · Exponent Energy
Jake Butynski
Co-Founder & Director Of Product · Zeno
Kenneth Micah
Co-Founder · Zeno
Raghav Arora
Co-Founder & CTO · Statiq
Akshit Bansal
Co-Founder & CEO · Statiq
Gazanfar Safavi
Head of Recycling · Lohum
Justin Lemmon
Co-Founder · Lohum
Rochan Sinha
Co-Founder & CTO · NewTrace
Prasanta Sarkar
Co-Founder & CEO · NewTrace
Prism market signals · India · country-scoped Prism corpus, 6,525,508 docs
Market landscape — 10 sub-themes by coverage
Share of Energy Storage Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · India
How research on Grid Energy Storage is moving in India
A read on the academic research around Grid Energy Storage — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 4,206 India-affiliated papers.
research sentiment over time
201420212026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and softening — the enthusiastic (strongly-positive) share moved 79% → 70% across 2014–2026.
top research entities
- Ministry of Education193
- Saveetha University139
- Vellore Institute of Technology University136
- Power Grid Corporation128
- SRM Institute of Science and Technology115
leading researchers
Bhim Singh · Rajesh Kumar · Chandra Sekhar Rout · Arnab Ghosh · Mohit Bajaj · Pravat Kumar Ray · Love Bansal · Vanchiappan Aravindan
▲
Breakthroughs1,213 · 29%
▼ 32%→29% share
▼0.9× share momentum0 median citations98% since 2021mostly methods-led
Supercapacitor breakthroughs are surging — Indian papers rose from 10 to 294, signaling rapid materials-level discovery.
rising sub-themes (early→recent)
- Supercapacitor10→294
- Renewable energy1→237
- Battery (electricity)4→224
- Capacitance2→161
- Photovoltaic system3→154
Newly emergingElectrical engineering 0→59 · Energy (signal processing) 0→54 · Faraday efficiency 0→53
Landmark Ultrathin Planar Graphene Supercapacitors · 1,221 cites
◆
Advancements2,351 · 56%
▲ 44%→56% share
▲1.3× share momentum1 median citations98% since 2021mostly methods-led
Renewable energy advancements are intensifying — applied grid-storage research scaled from 3 to 561 papers, now dominating the segment.
rising sub-themes (early→recent)
- Renewable energy3→561
- Battery (electricity)4→494
- Supercapacitor12→433
- Photovoltaic system2→344
- Microgrid3→278
Newly emergingPower (physics) 0→202 · Thermal energy storage 0→156 · Energy (signal processing) 0→146
Landmark High entropy oxides for reversible energy storage · 1,228 cites
▼
Concerns271 · 6%
▼ 9%→6% share
▼0.7× share momentum1 median citations97% since 2021mostly reviews
Battery safety concerns are newly emerging — electrochemical issues including cathode and anode failures just entered India's concern literature.
rising sub-themes (early→recent)
- Renewable energy1→85
- Nanotechnology3→40
- Supercapacitor1→38
- Electrolyte1→21
- Anode1→16
Newly emergingBattery (electricity) 0→55 · Electrochemical energy storage 0→22 · Cathode 0→21
Landmark Nanostructured anode materials for lithium ion batteries · 805 cites
RESEARCH HOTSPOTS · India
Where energy storage is researched across India
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Chennai228 · +0.61
Delhi-NCR217 · +0.53
Mumbai140 · +0.57
Bengaluru107 · +0.60
Hyderabad100 · +0.60
Roorkee97 · +0.56
Pune81 · +0.59
Kharagpur54 · +0.65
Varanasi52 · +0.58
Kanpur43 · +0.48
PATENT SIGNAL · India
Who's filing energy storage patents in India
India energy storage patent filing is accelerating — 121 filings from 162 assignees (2016–2025), led by TVS Motor, General Electric, Indian INST Scient; annual filings 7→27.
121 filings162 assigneespeak 27/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- TVS Motor46
- General Electric16
- Indian INST Scient15
- Offgrid Energy LABS12
- Delectrik Systems11
- Seshadri HARI Nadathur11
- Vallance Michael ALAN11
- Iacovangelo Charles Dominic9
Common questions
How many Energy Storage Tech companies are there in India?
Radar tracks 732 indexable Energy Storage Tech companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by Energy Storage Tech companies in India?
The Energy Storage Tech companies in India on this list have raised a combined $1.3B in disclosed equity funding across 138 funded companies.
Which is the highest-funded Energy Storage Tech company in India?
GFCL EV is the highest-funded Energy Storage Tech company in India, with $119M in disclosed equity funding.
How many Energy Storage Tech companies in India are funded?
138 of the 732 Energy Storage Tech companies in India on this list have disclosed at least one equity funding round.
How many Energy Storage Tech unicorns are there in India?
None of the Energy Storage Tech companies in India on this list currently has a disclosed valuation of $1B or more.
Who are the top investors in India Energy Storage Tech companies?
The most active investors in India Energy Storage Tech companies on this list include IIMA Ventures, LetsVenture, RTBI, T-Hub, Angel List.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.