Axiom - About the company
Axiom is an early stage company based in Hyderabad (India), founded in 1997. It operates as a Developer of motor controllers for multi-category electric vehicles. Axiom has raised $3.31M in funding from Magenta, with a current valuation of ₹*****. The company has 1296 active competitors, including 156 funded and 91 that have exited. Its top competitors include companies like Wallbox, Span.IO and myenergi.
Company Details
Developer of motor controllers for multi-category electric vehicles. The company develops motor controllers for electric two and three-wheelers. Also, it develops chargers, converters, adapters for Telecom, IT, and Home appliances sectors.
- Website
- axiomenergy.co.in
- Social
- Email ID
- *****@axiomenergy.co.in
- Registered Address
- PLOT NO.207/4 & 5IDA PHASE II CHERLAPALLY, HYDERABAD, Telangana, India, 500051
Key Metrics
Founded Year
1997
Location
Hyderabad, India
Stage
Early Stage
Total Funding
$3.31M in 1 round
Latest Funding Round
Post Money Valuation
₹***** as on Dec 14, 2021
Ranked
153rd among 1296 active competitors
Annual Revenue
₹50 - ₹100 Cr as on Mar 31, 2025
Employee Count
264 as on May 31, 2026
Legal entities associated with Axiom
Axiom is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
AXIOM ENERGY CONVERSION LIMITED CIN: U40108TG1997PLC027946 , India, Active | Sep 12, 1997 | $1M - $10M (As on Mar 31, 2025) | 272 (As on Jul 01, 2025) | |
AXIOM EV PRODUCTS PRIVATE LIMITED CIN: U74900TG2012PTC084590 , India, Active | Dec 04, 2012 | $0 - $1M (As on Mar 31, 2025) | 46 (As on Jan 31, 2023) |
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Axiom's funding and investors
Axiom has raised a total funding of $3.31M over 1 round. Its latest funding round was a Unattributed round on Dec 09, 2021 for $*****. 1 investor participated in its latest round. Axiom has 2 institutional investors and 14 angel investors.
Here is the list of recent funding rounds of Axiom:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 09, 2021 | 4980809 | Unattributed | 2083375 | 3437383 | 7184186 | 7647245 |
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Axiom's founders and board of directors
Founder? Claim ProfileAxiom's Board of Directors
Axiom's board has 2 active members. Mohanlal Jesaji Purohit is part of team and Mahesh Kumar Purohit is independent board member.Here is the list of Axiom's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 28y 8m | |
Independent board member | - | Current | 4y 6m | |
lwjjprk | Independent board member | - | Past | 4y 3m |
ukdyyom | Independent board member | - | Past | 7y 5m |
pvwjegc | Independent board member | - | Past | 7y 5m |
c{rolqf | Independent board member | - | Past | 3y 4m |
Axiom's employee count trend
Axiom has 264 employees as of May 26. Here is Axiom's employee count trend over the years:
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Axiom's Competitors and alternates
Top competitors of Axiom include Wallbox, Span.IO and myenergi. Here is the list of Top 10 competitors of Axiom, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of electric-vehicle charging solutions | $70.2M | 78/100 | ||
2nd |  Span.IO 2014, San Francisco (United States), Series C | Provider of smart panel for home energy management | $419M | 72/100 | |
3rd | myenergi 2016, Market Rasen (United Kingdom), Series C | Manufacturer of eco-smart home energy management and electric vehicle charging products | $36.8M | 71/100 | |
4th | Ossia 2008, Bellevue (United States), Series C | Provider of wireless charging solution | $54.6M | 68/100 | |
5th | Provider of Electric vehicle charging solutions | $123M | 67/100 | ||
6th | Energous 2012, San Jose (United States), Public | Provider of RF-based charging solutions | $5.5M | 66/100 | |
7th |  Esyasoft 2014, Dubai (United Arab Emirates), Series A | Provider of AI driven smart grid,metering and utility digitalization solutions | $4.43M | 65/100 | |
8th |  DG Matrix 2022, Tempe (United States), Series A | Provider of a DC fast charger for electric vehicles | $80M | 63/100 | |
9th | Offering optical wireless charging solutions | $23M | 63/100 | ||
10th | WiTricity 2007, Watertown (United States), Series G | Magnetic resonance-based wireless charging solutions for electric vehicles | $146M | 62/100 | |
153rd | Developer of motor controllers for multi-category electric vehicles | $3.31M | 36/100 |
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Axiom's Latest cap tables and shareholding
Founders own 14.63%, Enterprises own 25.08% and Other People (largest shareholder) own 60.28%. The net worth of Axiom's founders is INR 14.6Cr as of Dec 14, 2021.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 14.63% | 14.6Cr | 4789016 | 9544915 | 9679824 | 1638981 |
Enterprise | 25.08% | 25Cr | 2551722 | 7209494 | 1491173 | 1186148 |
Other People | 60.28% | 60.1Cr | 5683664 | 3050357 | 2177921 | 8983155 |
Total | 99.99% | 99.7Cr | 9004274 | 1686900 | 4244087 | 2763910 |
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Axiom's Investments and acquisitions
Axiom has made no investments or acquisitions yet.
Reports related to Axiom
Here is the latest report on Axiom's sector:
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