Company lists
The Telangana edition · 2026

Energy storage techcompanies in Telangana

Batteries, EV charging, battery management, electric vehicles, fuel cells & clean energy and more: the companies building energy storage tech in Telangana, with their founders, funding, team size and business models.

75 company profiles42 with reported revenue14 with recorded fundingOctober 2026 edition
Telangana · 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 · 51 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
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
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
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’.

FundingDebt and equity

Magenta mobility

This comes less than a year after Magenta raised around ₹100 crore in debt and equity in March.

Electric mobility

Energy storage tech companies in Telangana, by revenue

Browse energy storage tech companies in Telangana by reported revenue, one-year revenue growth, revenue model, age and stage. The 42 companies below are the largest by their most recent reported revenue among 42 energy storage tech companies in Telangana 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 42

Provider of residential, commercial, telecom, and electric vehicle energy solutions

Energy storage tech
₹190.74 crFY 2024-25
+135%2024–2025
19LinkedIn · Jul 2026
5 yr2021
0none in 3 months · last posted May 2026

Manufacturer of energy storage products and electric vehicles with lithium batteries

Energy storage tech
₹137.38 crFY 2024-25
Not reported
339LinkedIn · Oct 2026
11 yr2015
1postings · last posted Sep 2026

Provider of energy storage systems

Energy storage tech
₹85.01 crFY 2024-25
+13%2024–2025
24LinkedIn · Jul 2026
28 yr1998
1postings · last posted Sep 2026

Technology solutions provider for batteries

Energy storage tech
₹63.54 crFY 2023-24
+9%2023–2024
—Not available
29 yr1997
0none in 3 months

Manufacturer of lithium-ion battery packs for electric vehicles and energy storage

Energy storage tech
₹45.22 crFY 2024-25
Not reported
169+11% 12 mo to Sep 2024LinkedIn · Jul 2026
12 yr2014
0none in 3 months · last posted Jun 2026

Manufacturer of electric vehicle battery chargers

Electric vehicles
₹37.84 crFY 2023-24
-12%2023–2024
68+8% 12 mo to Feb 2024LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Manufacturer of lead acid chargers and electric bike battery chargers

Energy storage tech
₹24.12 crFY 2023-24
+17%2023–2024
41+58% 12 mo to Jun 2024recorded Jun 2024
6 yr2020
0none in 3 months

Provider of energy storage systems

Energy storage tech
₹19.25 crFY 2024-25
+0%2024–2025
42+10% 12 mo to Mar 2024LinkedIn · Jul 2026
19 yr2007
0none in 3 months

Operator of electric vehicle rental services with battery swapping infrastructure

Energy storage tech
₹9.84 crFY 2024-25
Not reported
54LinkedIn · Oct 2026
6 yr2020
1postings · last posted Sep 2026

Developer of modular swappable EV batteries and battery swapping stations for electric auto-rickshaws and fleets

Electric vehicles
₹9.00 crFY 2023-24
+213%2023–2024
43-27% 12 mo to Sep 2024LinkedIn · Jul 2026
7 yr2019
0none in 3 months

Provider of electric vehicle charging systems and related charging infrastructure

Electric vehicles
₹8.28 crFY 2024-25
-27%2024–2025
60LinkedIn · Jul 2026
8 yr2018
0none in 3 months · last posted Dec 2025

Developer of energy-harvesting IC solutions for IoT device

Energy storage tech
₹5.93 crFY 2024-25
Not reported
26+39% 12 mo to Aug 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of lithium-based battery for electric vehicles

Energy storage tech
₹3.41 crFY 2024-25
-4%2024–2025
1+0% 12 mo to Mar 2024recorded Mar 2024
16 yr2010
0none in 3 months

Manufacturer of battery management systems

Energy storage
₹3.10 crFY 2024-25
+591%2024–2025
6LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Operator of electric vehicle charging stations and networking services

Electric vehicles
₹2.93 crFY 2024-25
+49%2024–2025
7LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of innovative green energy solutions

Energy storage tech
₹2.30 crFY 2021-22
Not reported
6LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of electric vehicle charging solution

Energy storage tech
₹2.52 crFY 2024-25
+6%2024–2025
2-58% 12 mo to Sep 2024LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Provider of rapid electric vehicle charging solutions for commercial and passenger fleets

Electric vehicles
₹1.84 crFY 2024-25
Not reported
16LinkedIn · Jul 2026
4 yr2022
1postings · last posted Aug 2026

Provider of chargers for electric vehicles

Energy storage tech
₹1.62 crFY 2023-24
+145%2023–2024
11LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Cloud-enabled platform offering electric-vehicle charge station management solutions

Energy storage tech
₹1.12 crFY 2024-25
+70%2024–2025
6LinkedIn · Jul 2026
9 yr2017
0none in 3 months · last posted Mar 2026

Provider of vanadium redox flow battery energy storage solutions

Energy storage tech
₹78.44 lakhFY 2024-25
+3417%2024–2025
11LinkedIn · Jul 2026
3 yr2023
0none in 3 months · last posted Mar 2026

Manufacturer of sustainable energy storage solutions

Energy storage tech
₹77.87 lakhFY 2024-25
-52%2024–2025
118+8% 12 mo to Sep 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Provider of EV charging infrastructure

Energy storage tech
₹70.63 lakhFY 2024-25
+5524%2024–2025
3LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Battery management system for electric vehicles

Logistics tech
₹68.63 lakhFY 2024-25
+67%2024–2025
24-17% 12 mo to Apr 2024LinkedIn · Jul 2026
6 yr2020
0none in 3 months

Developer of hydrogen-based fuel technology for the automobile and power sectors

Energy storage tech
₹41.61 lakhFY 2024-25
Not reported
—Not available
4 yr2022
0none in 3 months
42 of 75 companies shown here · the full list is on Radar
Fliar Radar

Explore all 75 energy storage tech companies in Telangana on Radar

This page shows the top 42. Radar has the complete, filterable list with contacts and live company signals.

Open energy storage tech in Telangana on Radar
  • Every company, not just 50All 75 energy storage tech companies in Telangana, 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 Telangana by what you are looking for

Browse energy storage companies in Telangana, from battery makers to EV charging providers. Find energy storage solution providers and energy storage startups in India's Telangana region.

7 ways to explore energy storage tech in Telangana

Battery & energy storage system manufacturersEV charging station & charger companiesBattery management system & battery swapping companiesElectric vehicle & EV component companiesFuel cell, hydrogen & renewable energy techEnergy storage startups in Telangana

Battery & energy storage system manufacturers

Makers of lithium-ion, lead acid and other batteries and energy storage systems.

  1. Trex Energy

    Provider of residential, commercial, telecom, and electric vehicle energy solutions

    Energy storage tech
    See in list
  2. PUR Energy

    Manufacturer of energy storage products and electric vehicles with lithium batteries

    Energy storage tech
    See in list
  3. Genesis Poweronics

    Provider of energy storage systems

    Energy storage tech
    See in list
  4. VAR Electrochem

    Technology solutions provider for batteries

    Energy storage tech
    See in list
  5. Zunax

    Provider of batteries

    Energy storage tech
    Website

EV charging station & charger companies

Operators and manufacturers of electric vehicle chargers and charging networks.

  1. Senatla EV Products

    Manufacturer of electric vehicle battery chargers

    Electric vehicles
    See in list
  2. RACE

    Developer of modular swappable EV batteries and battery swapping stations for electric auto-rickshaws and fleets

    Electric vehicles
    See in list
  3. AxonifyTech

    Provider of electric vehicle charging systems and related charging infrastructure

    Electric vehicles
    See in list
  4. CHARZION

    Provider of chargers for electric vehicles

    Energy storage tech
    See in list
  5. Cero

    Cloud-enabled platform offering electric-vehicle charge station management solutions

    Energy storage tech
    See in list

Battery management system & battery swapping companies

Companies building battery management systems and battery swapping solutions.

  1. RACE

    Developer of modular swappable EV batteries and battery swapping stations for electric auto-rickshaws and fleets

    Electric vehicles
    See in list
  2. Tride Mobility

    Battery management system for electric vehicles

    Logistics tech
    See in list
  3. Bijliride

    Operator of electric vehicle rental services with battery swapping infrastructure

    Energy storage tech
    See in list
  4. RapidE Power and Mobility Solutions

    Provider of EV battery swapping solution

    Energy storage tech
    See in list
  5. OptimumP

    Manufacturer of battery management systems

    Energy storage
    See in list

Electric vehicle & EV component companies

Manufacturers of electric two-wheelers, four-wheelers and EV components.

  1. PUR Energy

    Manufacturer of energy storage products and electric vehicles with lithium batteries

    Energy storage tech
    See in list
  2. Senatla EV Products

    Manufacturer of electric vehicle battery chargers

    Electric vehicles
    See in list
  3. RACE

    Developer of modular swappable EV batteries and battery swapping stations for electric auto-rickshaws and fleets

    Electric vehicles
    See in list
  4. AxonifyTech

    Provider of electric vehicle charging systems and related charging infrastructure

    Electric vehicles
    See in list
  5. CHARZION

    Provider of chargers for electric vehicles

    Energy storage tech
    See in list

Fuel cell, hydrogen & renewable energy tech

Companies working on fuel cells, redox flow storage and clean energy generation.

  1. Arkle Energy

    Provider of vanadium redox flow battery energy storage solutions

    Energy storage tech
    See in list
  2. Aquavayuelements

    Developer of hydrogen-based fuel technology for the automobile and power sectors

    Energy storage tech
    See in list
  3. Onelement

    Provider of solutions for clean energy and hydrogen generation

    Energy storage tech
    Website
  4. ATUM Charge

    Developer of solar-powered EV charging station

    Electric vehicles
    See in list
  5. Trex Energy

    Provider of residential, commercial, telecom, and electric vehicle energy solutions

    Energy storage tech
    See in list

Energy storage startups in Telangana

Newer energy storage companies founded in recent years.

  1. Trex Energy

    Provider of residential, commercial, telecom, and electric vehicle energy solutions

    Energy storage tech
    See in list
  2. Green PMU Semi

    Developer of energy-harvesting IC solutions for IoT device

    Energy storage tech
    See in list
  3. OptimumP

    Manufacturer of battery management systems

    Energy storage
    See in list
  4. Agasty Energy

    Provider of innovative green energy solutions

    Energy storage tech
    See in list
  5. PowerBank

    Provider of electric vehicle charging solution

    Energy storage tech
    See in list
29 companies in Telangana

Energy storage companies hiring in Telangana

Energy storage companies in Telangana with open roles.

  1. Trex Energy

    Provider of residential, commercial, telecom, and electric vehicle energy solutions

    Energy storage tech
    See in list
  2. PUR Energy

    Manufacturer of energy storage products and electric vehicles with lithium batteries

    Energy storage tech
    See in list
  3. Genesis Poweronics

    Provider of energy storage systems

    Energy storage tech
    See in list
  4. Bijliride

    Operator of electric vehicle rental services with battery swapping infrastructure

    Energy storage tech
    See in list
  5. Zynetic

    Provider of rapid electric vehicle charging solutions for commercial and passenger fleets

    Electric vehicles
    See in list
8 companies in Telangana
Mobile reach

Top 10 energy storage tech apps from Telangana

The most-installed Android apps published by energy storage tech companies headquartered in Telangana — 243K installs between them. 12 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 10
1

Bijliride : E-Bike Rental

by Bijliride

Installs162K
Rating—
Installs, year on year+112%
Last updatedApr 2026
View on Google Play ↗
Bijliride : E-Bike Rental screenshot 1Bijliride : E-Bike Rental screenshot 2Bijliride : E-Bike Rental screenshot 3Bijliride : E-Bike Rental screenshot 4Bijliride : E-Bike Rental screenshot 5Bijliride : E-Bike Rental screenshot 6
2

PowerbankEV Charging

by PowerBank

Installs43K
Rating—
Last updatedDec 2024
View on Google Play ↗
PowerbankEV Charging screenshot 1PowerbankEV Charging screenshot 2PowerbankEV Charging screenshot 3
3

ThunderPlus EV Charging

by ThunderPlus

Installs17K
Rating—
Last updatedApr 2026
View on Google Play ↗
ThunderPlus EV Charging screenshot 1ThunderPlus EV Charging screenshot 2ThunderPlus EV Charging screenshot 3ThunderPlus EV Charging screenshot 4ThunderPlus EV Charging screenshot 5
4

Voltran

by Voltran

Installs10K
Rating—
Last updatedMay 2026
View on Google Play ↗
Voltran screenshot 1Voltran screenshot 2Voltran screenshot 3Voltran screenshot 4Voltran screenshot 5
6

RACE

by RACE

Installs2K
Rating—
Last updatedApr 2024
View on Google Play ↗
RACE screenshot 1RACE screenshot 2RACE screenshot 3RACE screenshot 4RACE screenshot 5RACE screenshot 6
7

Zynetic - EV Charging Network

by Zynetic

Installs1K
Rating—
Last updatedJun 2026
View on Google Play ↗
Zynetic - EV Charging Network screenshot 1Zynetic - EV Charging Network screenshot 2Zynetic - EV Charging Network screenshot 3Zynetic - EV Charging Network screenshot 4Zynetic - EV Charging Network screenshot 5Zynetic - EV Charging Network screenshot 6
8

CERO

by Cero

Installs768
Rating—
Last updatedOct 2025
View on Google Play ↗
CERO screenshot 1CERO screenshot 2CERO screenshot 3CERO screenshot 4CERO screenshot 5CERO screenshot 6
10

CharzNeT EV Charging

by CharzNeT

Installs289
Rating—
Last updatedOct 2024
View on Google Play ↗
CharzNeT EV Charging screenshot 1CharzNeT EV Charging screenshot 2CharzNeT EV Charging screenshot 3CharzNeT EV Charging screenshot 4CharzNeT EV Charging screenshot 5
The business behind the activity

Energy storage tech financials in Telangana

Revenue, profit and growth from the filed annual accounts of 31 energy storage tech companies in Telangana for FY24-25 — 43 of the 75 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 91% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹522.35 cr

31 companies filing accounts

combined net profit−₹50.39 cr

-9.6% aggregate margin

are profitable42%

13 of 31 companies

median revenue~₹78 lakh

the typical company

median revenue growth+26%

into FY24-25

earned by the top five91%

revenue concentration

Six-year view

Combined revenue of filing companies

₹150.08 crFY19-209 filers
₹234.61 crFY20-2116 filers
₹605.21 crFY21-2224 filers
₹780.51 crFY22-2331 filers
₹937.48 crFY23-2432 filers
₹522.35 crFY24-2531 filers

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

Like-for-like

The same 20 companies over three years

+42%
FY22-23₹362.85 cr−₹19.32 cr net
FY23-24₹386.47 cr−₹27.56 cr net
FY24-25₹516.91 cr−₹41.54 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 cr1724% profitable
₹1–10 cr956% profitable
₹10–100 cr367% profitable
₹100–1,000 cr2100% profitable
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

Shrinking8
0–20%4
20–50%2
50–100%2
Doubled+9

25 companies with accounts for both years; median growth +26%.

Profitability

Profit is concentrated at the top

13profitable
17loss-making
-9.6%aggregate margin
-4.4%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
Trex EnergyTREX ENERGY PRIVATE LIMITED+135%₹190.74 cr
Genesis PoweronicsGENESIS POWERONICS INDIA PRIVATE LIMITED+13%₹85.01 cr
PUR EnergyPUR ENERGY LIMITED+5%₹137.38 cr
APS Tech SystemsAPS TECH SYSTEMS PRIVATE LIMITED-0%₹19.25 cr
Cygni EnergyCYGNI ENERGY PRIVATE LIMITED-5%₹45.22 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Trex EnergyTREX ENERGY PRIVATE LIMITED5.7%₹190.74 cr
APS Tech SystemsAPS TECH SYSTEMS PRIVATE LIMITED2.0%₹19.25 cr
PUR EnergyPUR ENERGY LIMITED1.9%₹137.38 cr
Genesis PoweronicsGENESIS POWERONICS INDIA PRIVATE LIMITED1.0%₹85.01 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Energy storage tech26₹505.52 cr~₹71 lakh42%-8.9%
Leaders

Largest energy storage tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
Trex EnergyTREX ENERGY PRIVATE LIMITED₹190.74 cr₹10.93 cr5.7%+135%
PUR EnergyPUR ENERGY LIMITED₹137.38 cr₹2.55 cr1.9%+5%
Genesis PoweronicsGENESIS POWERONICS INDIA PRIVATE LIMITED₹85.01 cr₹86.07 lakh1.0%+13%
Cygni EnergyCYGNI ENERGY PRIVATE LIMITED₹45.22 cr−₹8.65 cr-19.1%-5%
APS Tech SystemsAPS TECH SYSTEMS PRIVATE LIMITED₹19.25 cr₹37.57 lakh2.0%-0%
BijlirideBIJLIRIDE PRIVATE LIMITED₹9.84 cr−₹47.23 lakh-4.8%+178%
AxonifyTechAXONIFY TECH SYSTEMS PRIVATE LIMITED₹8.28 cr−₹3.63 cr-43.9%-27%
Green PMU SemiGREEN PMU SEMI PRIVATE LIMITED₹5.93 cr₹17.04 lakh2.9%+4%
Volty Nxt EnergyVOLTY NXT ENERGY PRIVATE LIMITED₹3.41 cr₹1.12 lakh0.3%-4%
OptimumPOPTIMUMP PRIVATE LIMITED₹3.10 cr₹19.69 lakh6.4%+591%
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.

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 Telangana 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 Telangana

14 energy storage tech companies in Telangana have recorded equity funding, US$64.32m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Telangana

Meet the people behind energy storage tech companies in Telangana. 55 of 75 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Telangana energy storage tech companies by sub-sector

The most common specialisations among energy storage tech companies in Telangana. 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.

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