Best Energy Storage Tech Companies in Mumbai, India
The 45 best Energy Storage Tech companies in Mumbai, India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: Gegadyne Energy.
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.
Ranked: Best Energy Storage Tech companies in Mumbai
| # | Company | Revenue | Disclosed funding | Last round | Revenue YoY | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | Battrixx Developer of lithium-ion battery packs for multi-cateory electric vehicles 50Moat top 24%Market top 33%Fin. health top 39%Growth top 50% All 9 signals ▾Moattop 24% Markettop 33% Fin. healthtop 39% Growthtop 50% Talentbottom 49% Techbottom 39% Productbottom 33% Globalbottom 30% Newsbottom 27% Moat: Top 1% by revenue among 393 tracked Energy Storage Tech companies · Editorial + unicorn rating 3/10 Market: 40 employees (top 43% of Electric Vehicles) · Revenue ~$57.9M rank vs industry peers · Fliar Intelligence Index 50/100 | $58M FY2025 | — | — | -20% | PHPBootstrapcore-js+10 | Top 5M | — |
| 2 | 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 | $13M FY2025 | $5M | 12 mo ago | +68% | WordPressMySQLZoho+20 | Top 10M | 1 launch · 1 award |
| 3 | ION Energy Developer of battery intelligence platform for utility-scale energy storage systems | $8M FY2025 | $6M | 61 mo ago | +11% | — | — | — |
| 4 | Maxwell Energy Systems Developer of battery management systems for electric vehicles | $8M FY2025 | — | — | +11% | WordPressMySQLPHP+20 | Top 5M | — |
| 5 | Apple Energy Provider of batteries and chargers 64Innovation top 36%Fin. health top 40%Growth top 41%Tech top 42% All 9 signals ▾Innovationtop 36% Fin. healthtop 40% Growthtop 41% Techtop 42% Talenttop 45% Markettop 46% Moattop 46% Producttop 49% Globalbottom 25% Innovation: 9 product lines Fin. health: Revenue ~$1.8M (FY2018) · Net margin 1.3% rank vs industry peers · Fliar Intelligence Index 64/100 | $2M FY2025 | — | — | +6% | BootstrapLiteSpeedjQuery UI+9 | Top 10M | — |
| 6 | An3Tech Manufacturer of lithium batteries and solutions for various applications | $1M FY2025 | — | — | +41% | — | — | — |
| 7 | EAMPL Provider of graphite carbon products | $524K FY2025 | — | — | +51% | BootstrapApache HTTP ServerCloudflare+8 | Top 50M | 1 launch · 1 expansion |
| 8 | 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 | $463K FY2025 | $2M | 15 mo ago | — | SentryAceApexCharts.js+17 | Top 1M | 1 job opening |
| 9 | Bijlify Provider of SaaS-driven station management solutions for EV charging stations 45Talent top 25%Growth top 40%Moat bottom 47%Market bottom 44% All 8 signals ▾Talenttop 25% Growthtop 40% Moatbottom 47% Marketbottom 44% Fin. healthbottom 42% Productbottom 33% Techbottom 32% Globalbottom 25% Talent: 5 named leaders on record Growth: Revenue +2% YoY rank vs industry peers · Fliar Intelligence Index 45/100 | $436K FY2025 | — | — | +2% | ReactAmazon Web ServicesWhatsApp Business Chat+3 | Top 50M | 2 expansions |
| 10 | Endowers Provider of sustainable energy solutions | $289K FY2025 | — | — | — | — | — | — |
| 11 | BrightBlu Smart electric vehicle charging solutions provider 37Talent top 28%Fin. health top 40%Tech top 42%Moat top 50% All 10 signals ▾Talenttop 28% Fin. healthtop 40% Techtop 42% Moattop 50% Fundingbottom 46% Productbottom 40% Globalbottom 37% Marketbottom 35% Growthbottom 35% Newsbottom 22% Talent: 4 named leaders on record · 4 C-suite/founder profiles curated Fin. health: Revenue ~$194k (FY2022) · Net margin 9.4% rank vs industry peers · Fliar Intelligence Index 37/100 | $194K FY2024 | $2M | 54 mo ago | — | WordPressMySQLPHP+27 | Top 10M | — |
Top 12 Energy Storage Tech companies in Mumbai
#1
Series A · Mumbai, Maharashtra · founded 2018 · 56 employees$4.8Mraised▾
Manufacturer of lithium-ion batteries for electric vehicles and energy storage. The company provides batteries for two-wheelers, three-wheelers, light commercial vehicles, and e-tractors. It also offers custom battery packs for industrial and renewable energy applications. The company’s batteries feature battery management systems, thermal protection, and safety protocols.
- Aug 2025Series A$3.5M
- Jun 2025Series A$695.5K
- Aug 2024Series A$2.4M
- May 2023Seed$3M
#2
Seed · Mumbai, Maharashtra · founded 2020$1.5Mraised▾
Platform offering for electric vehicle charger management. It is a virtual EV charging network and fleet management platform providing access to park and charge hubs, public fast chargers, and allowing for remote management of charging stations. It offers integration with charging station operators for public charging access. The platform implements pricing strategies and manages service level agreements. It also tracks utilization to manage charging expenses across multiple partners.
- May 2025Seed$1.3M
- Sep 2023Seed$1.5M
#3
Seed · Mumbai, Maharashtra · founded 2017 · 31 employees$2.4Mraised▾
Provider of green hydrogen production technology using industrial wastewater and bioelectrochemical systems. Its systems enable on-site hydrogen generation by leveraging biological and electrochemical processes that extract energy from waste streams, reducing both emissions and wastewater treatment burdens. The platform is designed to support industrial decarbonization by offering a circular solution that combines wastewater treatment with low-carbon hydrogen production for sectors such as chemicals, oil and gas, and manufacturing.
- Oct 2024Seed$1.2M
- Mar 2023Seed$2.4M
- Feb 2018Seed$20K
#4
Seed · Mumbai, Maharashtra · founded 2021$124.1Kraised▾
Platform offering electric vehicle charging solutions and engineering consultancy services. It offers Level 1 and Level 2 AC charging stations compatible with various electric vehicles. It provides charging solutions for homes, businesses, and public locations.
- Nov 2025Seed$124.1K
- Mar 2023Seed—
#5
Series A · Mumbai, Maharashtra · founded 2015 · 44 employees$7.9Mraised▾
Developer of fast-charging battery technology for electric vehicles and grid storage. The company focuses on high energy density and long cycle life. It offers battery technology for consumer electronics and telecom applications. The technology aims to enable faster charging and reliable performance for various devices.
- Nov 2023Series A$2.5M
- Jan 2021Series A$5M
- Mar 2020Seed$127.1K
- Sep 2019Seed—
#6
Seed · Mumbai, Maharashtra · founded 2020$681.5Kraised▾
Operator of electric vehicle charging station
- Aug 2024Seed$600K
- Jun 2023Angel$48.4K
- Dec 2021Angel$33.2K
#7
Seed · Mumbai, Maharashtra · founded 2016 · 97 employees$6.2Mraised▾
Developer of battery intelligence platform for utility-scale energy storage systems. The platform offers digital twins, warranty management, and reporting functionalities. It provides tools for state of health estimation, function management, and API integration. The platform facilitates predictive diagnostics, real-time asset monitoring, and performance optimization. It also enables custom application development using models and runtime stack.
- Jul 2021Seed$3.6M
- Dec 2020Seed$1.5M
- Dec 2018Seed$1M
- Feb 2018Seed$20K
#8
Seed · Mumbai, Maharashtra · founded 2018$405.8Kraised▾
Safe energy storage solutions for electric vehicles and home technology. An innovative company incubated at IIT Bombay, focused on developing advanced battery technology. They are dedicated to providing safe and reliable energy storage solutions, particularly for electric two-wheelers and home applications. The company is committed to advancing lithium-ion cell chemistry to create competitive and efficient energy solutions. They aim to contribute to a safer and more sustainable future through their technological advancements in energy storage. Their work directly impacts the electric vehicle industry and home technology sector by providing essential components for efficient and reliable operation.
- Sep 2023Seed$192.5K
- Jan 2023Seed$49K
- Jun 2022Seed$12.8K
- Jan 2021Seed$88.7K
#9
Seed · Mumbai, Maharashtra · founded 2005 · 11 employees$1.8Mraised▾
Smart electric vehicle charging solutions provider. Offerings include charging hardware, cloud services, mobile app, and others. It enables users to track their charging status, remote monitor their charging, and settle charging costs.
- Feb 2022Seed$1.6M
- Jul 2020Angel$200K
#10
Seed · Mumbai, Maharashtra · founded 2018$30.5Kraised▾
Provider of lithium-ion battery solutions for electric vehicles. It provides a battery pack for electric bikes, scooters, and rickshaws. Its product includes a thermal management system, voltage system, and current and temperature-based controls.
- Mar 2020Seed$30.5K
#11
Seed · Mumbai, Maharashtra · founded 2021—raised▾
Digital twin platform offering analytics and battery science solution. It provides solution to elevate battery performance and reduce costs. It offers battery management soluton with Battery Digital Twins, a virtual replica of battery system, enabling predictive analysis, real-time monitoring and optimization for performance.
- 2021Seed—
#12
Funding Raised · Mumbai, Maharashtra · founded 2018 · 5 employees—raised▾
PlugO is a subscription-based online rental platform for automated power banks. The company provides internet-connected vending terminals to rent power banks. Users can monitor the terminals using its mobile app. Its app is available for Android and iOS platforms.
- Aug 2019Grant (prize money)—
Funding & investor landscape
Notable founders
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
How research on Energy Storage in Mumbai is moving
A read on the academic research around Energy Storage in Mumbai — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 140 papers.
- Indian Institute of Technology Bombay57
- Homi Bhabha National Institute35
- Bhabha Atomic Research Centre25
- Korea Research Institute of Chemical Technology16
- Institute of Chemical Technology10
- Supercapacitor1→17
- Graphene1→4
- Supercapacitor1→12
- Electrode1→11
- Renewable energy2→7
- Electrical engineering1→6
- Nanotechnology1→6
- Supercapacitor4
- Battery (electricity)3
- Electricity2
- Renewable energy2
- Electricity generation1
Who's building energy storage IP in Mumbai
- Tata Passenger Electric Mobility6Mumbai
- Tata Motors1Mumbai
Common questions
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.