When was Adiabatic founded?

Adiabatic was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Where is Adiabatic located?

Adiabatic is headquartered in Ahmednagar, India. It is registered at H. NO. 4-67/49 FLAT NO 309, V K RESIDENCY, SHIVAM HOMES, Medak, SANGAREDDY, Telangana, India, 502285.

Which legal entities is Adiabatic associated with?

Adiabatic is associated with ADIABATIC TECHNOLOGIES PRIVATE LIMITED.

How many employees does Adiabatic have?

As of Jul 31, 2026, the latest employee count at Adiabatic is 26.

Is Adiabatic a funded company?

Adiabatic is a funded company, having raised a total of $1.11M across 4 funding rounds to date. The company's 1st funding round was a $***** Grant (prize money) round, raised on Feb 2023.

How much is Adiabatic worth?

The latest valuation of Adiabatic is ₹***** as of Jul 28, 2026.

When was the latest funding round of Adiabatic?

Adiabatic's latest funding was a $***** Seed round on Jul 28, 2026, with participation from 8 investors. Its primary sector is Auto Components. In India, the Auto Components sector has seen $61.2M in funding in 2026 to date.

What is the annual revenue of Adiabatic?

Annual revenue of Adiabatic is less than ₹10 Cr as on Mar 31, 2025

Where does Adiabatic rank among its competitors?

Adiabatic ranks 74th amongst 1773 active competitors, of which 171 are funded. It stands 9th in terms of total funding among its competitors. The most recent competitor to raise funding was Adiabatic, which secured $871K in Jul, 2026.

Who are the top competitors of Adiabatic?

Adiabatic's top competitors include QuantumScape, Amprius Technologies and Proterra. Among them, Adiabatic secured the most recent funding round in July, 2026.

Adiabatic - 2026 Company Profile, Team, Funding, Competitors & Financials

Adiabatic is a seed company based in Ahmednagar (India), founded in 2022 by Darshan Meher, Chandrashekhar Dhangar and Saurabh Gawali. It operates as a Manufacturer of lithium battery packs and energy management system components. Adiabatic has raised $1.11M in funding from investors like Malpani Ventures, AIC Sangam and Soonicorn Ventures, with a current valuation of ₹*****. The company has 1773 active competitors, including 171 funded and 141 that have exited. Its top competitors include companies like QuantumScape, Amprius Technologies and Proterra.

Company Details

Manufacturer of lithium battery packs and energy management system components. This business produces energy storage units, battery management systems, and charging hardware for robotics, drones, and mobile equipment. The production process covers the design and assembly of the full energy stack to support various industrial applications.

Website: www.adiabatic.co.in/
Social
Email ID: *****@adiabatic.co.in
Phone Number: +91 **********
Registered Address: H. NO. 4-67/49 FLAT NO 309, V K RESIDENCY, SHIVAM HOMES, Medak, SANGAREDDY, Telangana, India, 502285

Key Metrics

Founded Year

2022

Location

Ahmednagar, India

Stage

Seed

Total Funding

$1.11M in 4 rounds

Latest Funding Round

Seed, Jul 28, 2026, $*****

Post Money Valuation

₹***** as on Jul 28, 2026

Investors

Malpani Ventures & 18 more

Ranked

74^th among 1773 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

26 as on Jul 31, 2026

Similar Companies

Sunwoda Electronic & 1681 more

View Adiabatic's full profile

Adiabatic is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
ADIABATIC TECHNOLOGIES PRIVATE LIMITED CIN: U31100TG2022PTC162462 , India, Active	May 10, 2022	0 - ₹10 Cr (As on Mar 31, 2025)	-

Adiabatic has raised a total funding of $1.11M over 4 rounds. Its first funding round was on Feb 2023. Its latest funding round was a Seed round on Jul 28, 2026 for $*****. 8 investors participated in its latest round. Adiabatic has 13 institutional investors and 6 angel investors.

Here is the list of recent funding rounds of Adiabatic:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 28, 2026	4993614	Seed	8963130	8048395	6656799	3504769
Nov 08, 2025	6717947	Seed	5386165	8239329	8290556	AIC-GIM Foundation & 1 more
May 15, 2023	9969339	Seed	9134578	7937290	AIC Sangam	IIMK LIVE

Access funding benchmarks and valuations. Sign up today!

View details of Adiabatic's funding rounds and investors

The founders of Adiabatic are Darshan Meher, Chandrashekhar Dhangar and Saurabh Gawali.

Here are the details of Adiabatic's key team members:

Darshan Meher: Co-Founder of Adiabatic. They serve on the board of 1 company.
Contact Info: 1 email address
Chandrashekhar Dhangar: Former Co-Founder of Adiabatic.
Contact Info: 1 email address and 1 phone number
Saurabh Gawali: Co-Founder of Adiabatic.

Adiabatic's Board of Directors

Adiabatic's board has 2 active members. Darshan Meher is part of team and Ajay Ashok Katariya is independent board member.

Here is the list of Adiabatic's board of directors:

Name	Type	Representing	Status	Duration
Darshan Meher	Team	-	Current	4y 5m
Ajay Ashok Katariya	Independent board member	-	Current	2y 1m

View details of Adiabatic's Founder profiles and Board Members

Adiabatic's employee count trend

Adiabatic has 26 employees as of Jul 26. Here is Adiabatic's employee count trend over the years:

Uncover Adiabatic's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Adiabatic include QuantumScape, Amprius Technologies and Proterra. Here is the list of Top 10 competitors of Adiabatic, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	QuantumScape 2010, San Jose (United States), Public	Developer of solid-state lithium-metal battery technology for electric vehicle applications	$1B	Volkswagen Group, Toyota Motor & 17 others	75/100
2nd	Amprius Technologies 2009, Fremont (United States), Public	Developer of silicon nano-wire-based Li-Ion batteries	$55M	Kleiner Perkins, Airbus Official & 19 others	73/100
3rd	Proterra 2004, Burlingame (United States), Public	Manufacturer of battery systems for heavy duty and commercial vehicles	$858M	Kleiner Perkins, GM Ventures & 39 others	72/100
4th	A123 Systems 2001, Hangzhou (China), Public	Manufacturer of automotive lithium-ion batteries	$201M	General Electric, Qualcomm Ventures & 19 others	72/100
5th	Sunwoda Electronic 1997, Shenzhen (China), Public	Manufacturer of lithium-ion batteries, energy storage systems, and related hardware	-	Broad Vision Funds, Cygnus Equity & 8 others	71/100
6th	Verkor 2020, Grenoble (France), Series C	Manufacturer of lithium ion battery cells for electric vehicle mobility	$1.34B	Renault, EQT & 37 others	70/100
7th	EnerSys Public	Manufacturer of industrial battery systems and energy power storage solutions	-	Metalmark Capital, Slater Technology Fund ... & 3 others	69/100
8th	Neuron Energy 2018, Mumbai (India), Series A	Manufacturer of lithium-ion batteries for electric vehicles and energy storage	$9.61M	Equanimity Investments, Chona Family Office ... & 53 others	69/100
9th	SES Technologies 2012, Woburn (United States), Public	Developer of Li-Metal batteries and AI-powered battery management solutions	$336M	Temasek, Applied Materials & 16 others	69/100
10th	SK On 2021, Seoul (South Korea), Series E	Provider of energy and chemical products, including batteries and lubricants	$1.73B	MBK Partners, Korea Investment Holdings & 3 others	67/100
74th	Adiabatic 2022, Ahmednagar (India), Seed	Manufacturer of lithium battery packs and energy management system components	$1.11M	Malpani Ventures, Soonicorn Ventures & 17 others	53/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Adiabatic's competitors? Click here to see the top ones

Founders (largest shareholder) own 72.75%, Funds own 8.53%, Angels own 9.80% and Other People own 0.01%. The net worth of Adiabatic's founders is INR 25.5Cr as of Jul 28, 2026. The cap table displayed below is for ADIABATIC TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with Adiabatic.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	72.75%	25.5Cr	4342447	2870989	8024215	6310810
Darshan Meher	7334634	8803419	1776981	9682822	7247335	9651349
Fund	8.53%	2.99Cr	9563449	3963979	9124120	3200541
IIMK LIVE	44	10	46	65	59	96
AIC Sangam	14	40	12	65	10	90
AIC-GIM Foundation	4	2	8	6	1	6
Soonicorn Ventures	0	0	0	0	0	0
Angel	9.80%	3.43Cr	7608473	3263645	6634579	3225099
Other People	0.01%	25.5K	0	0	0	0
ESOP Pool	8.91%	3.12Cr	1517154	6271960	5426530	6607815
Total	100.00%	35Cr	7621469	9169374	9608154	6247416