Energy Tech Series A Founded 2018

Neuron Energy

📍 Mumbai, India · Energy Storage Tech,

www.neuronenergy.in/ ↗ · LinkedIn ↗ · Twitter/X ↗

Funding snapshot

Last roundSeries A

Amount$4M

Date7 August 2025

Total raised$10M

Valuation36,706,580 (Nov 6, 2025)

Team size106

About

Neuron Energy is a manufacturer of lithium-ion batteries for electric vehicles and energy storage systems in India. The company provides batteries for two-wheelers, three-wheelers (L3 and L5), light commercial vehicles, and e-tractors, with products approved under AIS 156 Amendment III Phase 2 standards. Neuron Energy also offers custom battery packs for industrial and renewable energy applications, featuring intelligent Battery Management Systems (BMS), advanced thermal protection, and safety protocols. The company provides Bluetooth-enabled batteries for remote diagnostics and repair, supported by 100+ trained service engineers across India. With a total capacity of 1 GWH across 4 depots and 15+ service centers, Neuron Energy is a market leader in the L5 electric vehicle battery segment with 16,500+ batteries sold. Founded in 2018 and headquartered in Mumbai, India, the company has raised $9.6 million in Series A funding from investors including Equanimity Investments, Rajiv Dadlani Group, and ACG Group.

Business model

Electric Vehicles > Components > Batteries > Multi Category Vehicles,

Energy Storage Tech > Battery > Secondary Battery > Lithium Ion > Electric Vehicles

Team background

College Wise > London School of Economics and Political Science, University College London

Institutional investors

Equanimity Investments Rajiv Dadlani Group Chona Family Office Kayenne Ventures NISA Family Trust Laxmi Investments Capri Loans Capri Global Family Office Thackersey Group Capricon Realty Keynote ACG Group Bhavana Rajiv Dadlani Riddhi Shah Viraj Mahadevia