Neuron Energy

Neuron Energy

Manufacturer of lithium-ion batteries for electric vehicles and energy storage

Founded

2018

Headquarters

Mumbai

Status

Series A

Company Details

Website

Socials

Email

Phone

+91 - 18001022139

Neuron Energy is a leading lithium-ion battery manufacturer in India specializing in sustainable energy solutions for electric vehicles, renewable energy storage, and industrial applications. The company produces high-performance batteries with advanced Battery Management Systems (BMS), thermal protection, and remote diagnostics to ensure safety, longevity, and efficiency across diverse use cases.

Core products and services

  • Lithium-ion batteries for two-wheelers (2WS) and three-wheelers (L3/L5 categories), AIS 156 certified for high-speed EVs, e-rickshaws, and autos.

  • Batteries for e-tractors, light commercial vehicles (LCVs), golf carts, drones, floor cleaning machines, and aerial work platforms.

  • Solar energy storage solutions and stationary batteries for renewable integration and industrial backup systems.

  • EV chargers, lead-acid batteries, and battery leasing programs with nationwide service support including remote assistance and on-ground repairs.

Business model and revenue streams

  • Operates manufacturing facilities with 1 GWh total capacity, supplying OEMs, fleet operators, dealers, and distributors through a pan-India network of warehouses and service centers.

  • Revenue primarily from direct battery sales (over 116,500 units sold), leasing models, and after-sales services, with 80-90% from EV two- and three-wheeler segments.

Key People

Pratik Kamdar

Raj Shah

Key Metrics

Total Equity Funding

$9.61Million

No. of Funding Rounds

4

Latest Funding Round

$3.5Million, Series A

as of November 27, 2025

Post Money Valuation

$26.7Million

as of June 18, 2025

Funding Multiple

-

as of N/A

Investors

Capri Global Capital

and 4 more

Employee Count

81

Similar Companies

Moonrider

Exit Details

No Exits

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
November 27, 2025Series A$3.5Million-$22.9Million- Equanimity Investments, Rajiv Dadlani Group, Chona Family Office
June 18, 2025Series A$695K-$25.8Million- Equanimity Investments
August 2, 2024Series A$2.38Million$24.5Million$16.2Million- Chona Family Office, Capri Global Family Office, NISA Family Trust
May 31, 2023Seed$3.03Million$4.58Million$3.03Million- Equanimity Investments, Rajiv Dadlani Group, NISA Family Trust, Chona Family Office, Kayenne Ventures

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