Company lists
The Uttar Pradesh edition · 2026

Energy storage techcompanies in Uttar Pradesh

Batteries, storage systems, EV charging, hydrogen & renewables, fleet & mobility and more: the companies building energy storage tech in Uttar Pradesh, with their founders, funding, team size and business models.

89 company profiles55 with reported revenue10 with recorded fundingOctober 2026 edition

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 Uttar Pradesh, by revenue

Browse energy storage tech companies in Uttar Pradesh by reported revenue, one-year revenue growth, revenue model, age and stage. The 50 companies below are the largest by their most recent reported revenue among 55 energy storage tech companies in Uttar Pradesh 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 50

Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining

Energy storage tech
₹835.12 crFY 2024-25
Not reported
518+131% 12 mo to Sep 2024LinkedIn · Oct 2026
8 yr2018
0none in 3 months

Provider of mobile phone chargers and adapters

Electric vehicles
₹528.47 crFY 2024-25
-4%2024–2025
207+13% 12 mo to Aug 2024recorded Aug 2024
9 yr2017
0none in 3 months

Provider of energy storage systems

Energy storage tech
₹247.44 crFY 2024-25
+78%2024–2025
48+214% 12 mo to Sep 2024LinkedIn · Oct 2026
16 yr2010
0none in 3 months

Manufacturer of lithium-ion batteries and EV powertrain components

Energy storage tech
₹220.39 crFY 2024-25
+66%2024–2025
275-10% 12 mo to Aug 2024LinkedIn · Oct 2026
7 yr2019
0none in 3 months · last posted Jun 2026

Lithium ion battery manufacturer

Renewable energy tech
₹133.49 crFY 2024-25
+15%2024–2025
39LinkedIn · Oct 2026
7 yr2019
0none in 3 months

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

Energy storage
₹109.28 crFY 2024-25
+124%2024–2025
183+650% 12 mo to Sep 2024LinkedIn · Oct 2026
7 yr2019
0none in 3 months · last posted Jun 2026

Provider of energy storage systems

Energy storage tech
₹76.69 crFY 2024-25
+13%2024–2025
66LinkedIn · Jul 2026
26 yr2000
0none in 3 months · last posted Dec 2025

Manufacturer of water electrolysis based hydrogen gas plants and related systems

Energy storage tech
₹51.60 crFY 2024-25
+112%2024–2025
48+14% 12 mo to Jul 2024LinkedIn · Jul 2026
32 yr1994
0none in 3 months · last posted May 2026

Provider of sustainable mobility charging solutions

Energy storage tech
₹45.67 crFY 2024-25
+645%2024–2025
44LinkedIn · Jul 2026
4 yr2022
0none in 3 months · last posted Jun 2026

Manufacturer of electric vehicle charging components and power electronic systems

Energy storage tech
₹42.61 crFY 2024-25
+213%2024–2025
23LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Developer of battery management systems, chargers, vehicle intelligence modules, and clusters

Energy storage tech
₹34.62 crFY 2024-25
+103%2024–2025
213+124% 12 mo to Aug 2024LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Manufacturer of batteries

Energy storage tech
₹28.79 crFY 2021-22
Not reported
—Not available
7 yr2019
0none in 3 months

Provider of intermediate chemicals for lithium and sodium-ion battery applications

Energy storage tech
₹30.36 crFY 2024-25
+5053%2024–2025
2,610LinkedIn · Jul 2026
5 yr2021
0none in 3 months

Manufacturer of batteries

Energy storage tech
₹26.20 crFY 2024-25
+154%2024–2025
11LinkedIn · Jul 2026
3 yr2023
0none in 3 months

Platform provides industrial gas and compressed air solutions,including nitrogen gas generators,compressed air dryers etc

Energy storage tech
₹25.80 crFY 2024-25
+32%2024–2025
29LinkedIn · Jul 2026
23 yr2003
0none in 3 months

Provider of hydrogen generation plants

Renewable energy tech
₹11.00 crFY 2024-25
+25%2024–2025
20+0% 12 mo to Sep 2024LinkedIn · Jul 2026
11 yr2015
0none in 3 months

SaaS and IoT-enabled platform offering electric fleet management solutions

Iot applications
₹10.28 crFY 2024-25
Not reported
28-18% 12 mo to Sep 2024recorded Sep 2024
9 yr2017
0none in 3 months

Provider of industrial power solutions

Energy storage tech
₹8.97 crFY 2021-22
Not reported
—Not available
30 yr1996
—No postings tracked

Provider of lithium-ion batteries

Energy storage tech
₹8.09 crFY 2023-24
-51%2023–2024
12+5% 12 mo to Dec 2023LinkedIn · Jul 2026
10 yr2016
0none in 3 months

Manufacturer of lithium-ion batteries

Energy storage
₹7.72 crFY 2024-25
+32%2024–2025
—Not available
5 yr2021
0none in 3 months

Manufacturer of lithium ion batteries and solar powered street lights

Energy storage tech
₹6.56 crFY 2024-25
-61%2024–2025
—Not available
11 yr2015
0none in 3 months

Manufacturer of lithium ion battery packs and related raw materials for various applications

Energy storage tech
₹6.16 crFY 2023-24
+15%2023–2024
5LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Provider of sustainable EV charging, energy storage, and e-waste solutions

Energy storage tech
₹5.42 crFY 2024-25
-12749%2024–2025
26-25% 12 mo to Jun 2024LinkedIn · Jul 2026
4 yr2022
0none in 3 months

Lithium ion-based technology solutions provider for batteries

Energy storage tech
₹4.29 crFY 2021-22
Not reported
9LinkedIn · Jul 2026
8 yr2018
0none in 3 months

Provider of lithium-ion-based energy storage solution

Energy storage tech
₹4.33 crFY 2024-25
+264%2024–2025
54LinkedIn · Jul 2026
4 yr2022
0none in 3 months
50 of 89 companies shown here · the full list is on Radar
Fliar Radar

Explore all 89 energy storage tech companies in Uttar Pradesh on Radar

This page shows the top 50. Radar has the complete, filterable list with contacts and live company signals.

Open energy storage tech in Uttar Pradesh on Radar
  • Every company, not just 50All 89 energy storage tech companies in Uttar Pradesh, 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 Uttar Pradesh by what you are looking for

Find top energy storage companies in Uttar Pradesh, from lithium-ion battery manufacturers to energy storage system providers. Browse energy storage startups in Uttar Pradesh, EV charging companies and firms hiring.

8 ways to explore energy storage tech in Uttar Pradesh

Lithium-ion battery manufacturers & recyclersEnergy storage system providersEV charging & electric vehicle companiesHydrogen, solar & renewable energy tech companiesElectric fleet & mobility technology companiesEnergy storage startups in Uttar Pradesh

Lithium-ion battery manufacturers & recyclers

Makers of lithium-ion batteries, battery packs and battery recycling.

  1. Lohum

    Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining

    Energy storage tech
    See in list
  2. CLN Energy

    Manufacturer of lithium-ion batteries and EV powertrain components

    Energy storage tech
    See in list
  3. RCRS Innovations

    Lithium ion battery manufacturer

    Renewable energy tech
    See in list
  4. Vecmocon

    Developer of battery management systems, chargers, vehicle intelligence modules, and clusters

    Energy storage tech
    See in list
  5. Enerzone

    Manufacturer of batteries

    Energy storage tech
    See in list

Energy storage system providers

Providers of energy storage systems and battery management systems.

  1. Lohum

    Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining

    Energy storage tech
    See in list
  2. Wisepower

    Provider of mobile phone chargers and adapters

    Electric vehicles
    See in list
  3. GPES

    Provider of energy storage systems

    Energy storage tech
    See in list
  4. CLN Energy

    Manufacturer of lithium-ion batteries and EV powertrain components

    Energy storage tech
    See in list
  5. RCRS Innovations

    Lithium ion battery manufacturer

    Renewable energy tech
    See in list

EV charging & electric vehicle companies

Electric vehicle chargers, charging networks and EV component makers.

  1. Wisepower

    Provider of mobile phone chargers and adapters

    Electric vehicles
    See in list
  2. Maxvolt Energy

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

    Energy storage
    See in list
  3. Belectriq

    Provider of sustainable mobility charging solutions

    Energy storage tech
    See in list
  4. Solterra Technologies

    Manufacturer of electric vehicle charging components and power electronic systems

    Energy storage tech
    See in list
  5. ElectreeFi

    SaaS and IoT-enabled platform offering electric fleet management solutions

    Iot applications
    See in list

Hydrogen, solar & renewable energy tech companies

Hydrogen generation, fuel cell and solar energy technology companies.

  1. RCRS Innovations

    Lithium ion battery manufacturer

    Renewable energy tech
    See in list
  2. Eastern Electrolyser

    Manufacturer of water electrolysis based hydrogen gas plants and related systems

    Energy storage tech
    See in list
  3. Adsorbtech Engineers

    Platform provides industrial gas and compressed air solutions,including nitrogen gas generators,compressed air dryers etc

    Energy storage tech
    See in list
  4. Hydrogen Gentech

    Provider of hydrogen generation plants

    Renewable energy tech
    See in list
  5. Jakson Green

    Developer of solar PV projects

    Solar energy
    Website

Electric fleet & mobility technology companies

Fleet management, electric bus and scooter rental platforms.

  1. ElectreeFi

    SaaS and IoT-enabled platform offering electric fleet management solutions

    Iot applications
    See in list
  2. FleetA2Z

    End-to-End fleet management solutions for electric fleet operators

    Energy storage tech
    See in list
  3. Easy-Mobility

    Provider of accessible transportation solutions and related support services

    Energy storage tech
    See in list
  4. Zeway

    App-based electric scooter rental platform

    Auto e-commerce & content
    See in list
  5. Massive Mobility

    Provider of cloud software for electric vehicle charging station management

    Electric vehicles
    See in list

Energy storage startups in Uttar Pradesh

Recently founded energy storage tech companies in Uttar Pradesh.

  1. Belectriq

    Provider of sustainable mobility charging solutions

    Energy storage tech
    See in list
  2. Solterra Technologies

    Manufacturer of electric vehicle charging components and power electronic systems

    Energy storage tech
    See in list
  3. GFCL EV

    Provider of intermediate chemicals for lithium and sodium-ion battery applications

    Energy storage tech
    See in list
  4. Varcas

    Manufacturer of batteries

    Energy storage tech
    See in list
  5. LITHIUM ENERGY EXPERTS

    Manufacturer of lithium-ion batteries

    Energy storage
    See in list
34 companies in Uttar Pradesh

Energy storage tech companies hiring in Uttar Pradesh

Companies with open roles in battery and energy storage.

  1. CLN Energy

    Manufacturer of lithium-ion batteries and EV powertrain components

    Energy storage tech
    See in list
  2. Maxvolt Energy

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

    Energy storage
    See in list
  3. Offcom Systems

    Provider of energy storage systems

    Energy storage tech
    See in list
  4. Eastern Electrolyser

    Manufacturer of water electrolysis based hydrogen gas plants and related systems

    Energy storage tech
    See in list
  5. Belectriq

    Provider of sustainable mobility charging solutions

    Energy storage tech
    See in list
11 companies in Uttar Pradesh

Listed energy storage tech companies in Uttar Pradesh

Publicly listed energy storage companies.

  1. GPES

    Provider of energy storage systems

    Energy storage tech
    See in list
  2. CLN Energy

    Manufacturer of lithium-ion batteries and EV powertrain components

    Energy storage tech
    See in list
  3. Maxvolt Energy

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

    Energy storage
    See in list
3 companies in Uttar Pradesh
Mobile reach

Top 8 energy storage tech apps from Uttar Pradesh

The most-installed Android apps published by energy storage tech companies headquartered in Uttar Pradesh — 28K installs between them. 8 companies on this page publish at least one app; each company (legal entity) appears once, with its most-installed app.

1 of 8
1

Volttic

by Volttic

Installs18K
Rating—
Last updatedMay 2026
View on Google Play ↗
Volttic screenshot 1Volttic screenshot 2Volttic screenshot 3Volttic screenshot 4Volttic screenshot 5Volttic screenshot 6
2

Aeidth BMS

by AEIDTH

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

Zeway Ride

by Zeway

Installs1K
Rating—
Last updatedMay 2026
View on Google Play ↗
Zeway Ride screenshot 1Zeway Ride screenshot 2Zeway Ride screenshot 3Zeway Ride screenshot 4Zeway Ride screenshot 5Zeway Ride screenshot 6
6

Battery Buddy

by Vecmocon

Installs408
Rating—
Last updatedApr 2026
View on Google Play ↗
Battery Buddy screenshot 1Battery Buddy screenshot 2Battery Buddy screenshot 3Battery Buddy screenshot 4Battery Buddy screenshot 5
8

Belectriq : EVSE Configuration

by Belectriq

Installs4
Rating—
Last updatedMay 2026
View on Google Play ↗
Belectriq : EVSE Configuration screenshot 1Belectriq : EVSE Configuration screenshot 2Belectriq : EVSE Configuration screenshot 3Belectriq : EVSE Configuration screenshot 4Belectriq : EVSE Configuration screenshot 5Belectriq : EVSE Configuration screenshot 6
The business behind the activity

Energy storage tech financials in Uttar Pradesh

Revenue, profit and growth from the filed annual accounts of 47 energy storage tech companies in Uttar Pradesh for FY24-25 — 51 of the 89 companies on this page file accounts with the Ministry of Corporate Affairs. The five largest earn 67% of the revenue, so medians describe the typical company better than totals.

combined revenue, FY24-25₹1,564.68 cr

47 companies filing accounts

combined net profit₹11.80 cr

0.8% aggregate margin

are profitable53%

25 of 47 companies

median revenue~₹2.1 cr

the typical company

median revenue growth+62%

into FY24-25

earned by the top five67%

revenue concentration

Six-year view

Combined revenue of filing companies

₹350.96 crFY19-2019 filers
₹530.16 crFY20-2123 filers
₹1,300.18 crFY21-2228 filers
₹1,491.21 crFY22-2334 filers
₹1,234.74 crFY23-2441 filers
₹1,564.68 crFY24-2547 filers

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

Like-for-like

The same 32 companies over three years

+0%
FY22-23₹1,474.62 cr₹40.09 cr net
FY23-24₹1,206.89 cr₹62.76 cr net
FY24-25₹1,479.67 cr₹14.78 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 cr1817% profitable
₹1–10 cr1369% profitable
₹10–100 cr1080% profitable
₹100–1,000 cr683% 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%6
20–50%5
50–100%6
Doubled+14

39 companies with accounts for both years; median growth +62%.

Profitability

Profit is concentrated at the top

25profitable
22loss-making
0.8%aggregate margin
0.3%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
BelectriqBELECTRIQ MOBILITY PRIVATE LIMITED+645%₹45.67 cr
VarcasVARCAS INDUSTRIES PRIVATE LIMITED+154%₹26.20 cr
Maxvolt EnergyMAXVOLT ENERGY INDUSTRIES LIMITED+124%₹109.28 cr
Eastern ElectrolyserEASTERN ELECTROLYSER LIMITED+112%₹51.60 cr
VecmoconVECMOCON TECHNOLOGIES PRIVATE LIMITED+103%₹34.62 cr
GPESGP ECO SOLUTIONS INDIA LIMITED+77%₹241.06 cr
Profit leaders · ₹10 cr+ revenue

Highest net margins, FY24-25

CompanyMarginRevenue
Maxvolt EnergyMAXVOLT ENERGY INDUSTRIES LIMITED9.3%₹109.28 cr
Hydrogen GentechHYDROGEN GENTECH PRIVATE LIMITED8.9%₹11.00 cr
RCRS InnovationsRCRS INNOVATIONS LIMITED8.6%₹133.49 cr
Getsun PowerSAINIK INDUSTRIES PRIVATE LIMITED7.9%₹146.23 cr
Eastern ElectrolyserEASTERN ELECTROLYSER LIMITED7.1%₹51.60 cr
Solterra TechnologiesSOLTERRA TECHNOLOGIES PRIVATE LIMITED6.3%₹42.61 cr
Inside the industry

Sub-sectors compared, FY24-25

Sub-sectorCompaniesRevenueMedian revenueProfitableMargin
Energy storage tech32₹1,287.33 cr~₹3.6 cr56%-0.4%
Electric vehicles8₹4.63 cr~₹51 lakh12%-120.2%
Leaders

Largest energy storage tech companies by revenue, FY24-25

Company · legal entityRevenueNet resultMarginGrowth
LohumLOHUM CLEANTECH PRIVATE LIMITED₹308.09 cr−₹7.19 cr-2.3%-30%
GPESGP ECO SOLUTIONS INDIA LIMITED₹241.06 cr₹10.25 cr4.3%+77%
CLN EnergyCln Energy Limited₹220.39 cr₹12.92 cr5.9%+66%
Getsun PowerSAINIK INDUSTRIES PRIVATE LIMITED₹146.23 cr₹11.51 cr7.9%+5%
RCRS InnovationsRCRS INNOVATIONS LIMITED₹133.49 cr₹11.42 cr8.6%+15%
Maxvolt EnergyMAXVOLT ENERGY INDUSTRIES LIMITED₹109.28 cr₹10.12 cr9.3%+124%
Offcom SystemsOFFCOM SYSTEMS PRIVATE LIMITED₹76.69 cr₹2.07 cr2.7%+13%
Eastern ElectrolyserEASTERN ELECTROLYSER LIMITED₹51.60 cr₹3.65 cr7.1%+112%
BelectriqBELECTRIQ MOBILITY PRIVATE LIMITED₹45.67 cr₹2.24 cr4.9%+645%
Solterra TechnologiesSOLTERRA TECHNOLOGIES PRIVATE LIMITED₹42.61 cr₹2.70 cr6.3%—
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 Uttar Pradesh 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 Uttar Pradesh

10 energy storage tech companies in Uttar Pradesh have recorded equity funding, US$241.07m in total. Totals and round dates describe the historical record; they are not current valuations.

Founders and momentum in Uttar Pradesh

Meet the people behind energy storage tech companies in Uttar Pradesh. 55 of 89 companies list founders or leaders; where a public LinkedIn profile matches exactly, the expanded profile shows the photo, headline, location and education.

Explore Uttar Pradesh energy storage tech companies by sub-sector

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

Keep exploring energy storage tech in India and nearby markets.

Coming soon