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Clean Electric - About the company

Clean Electric is a series A company based in Pune (India), founded in 2020 by Akash Gupta and Ankit Joshi. It operates as a Manufacturer of lithium ion battery solutions for electric vehicle applications. Clean Electric has raised $8.35M in funding from investors like Kalaari Capital, iCreate and pi Ventures, with a current valuation of *****. The company has 412 active competitors, including 59 funded and 55 that have exited. Its top competitors include companies like A123 Systems, Log9 and QuantumScape.

Company Details

Manufacturer of lithium ion battery solutions for electric vehicle applications. These products utilize liquid cooling technology to manage thermal performance and support rapid charging capabilities. The hardware includes integrated battery intelligence platforms for monitoring and diagnostics. The offerings are designed for use in various vehicle types and stationary energy storage systems.
Social
XFacebook
Email ID
*****@cleanelectric.in
Phone Number
+91 **********
Registered Address
AT ASHOK NAGAR,POKHARIA NH-31 PS TOWN BEGUSARAI-851101, BIHAR, INDIA, Begusarai, BIHAR, Bihar, India, 851101
Key Metrics
Founded Year
2020
Location
Pune, India
Stage
Series A
Total Funding
$8.35M in 4 rounds
Latest Funding Round
Post Money Valuation
***** as on Aug 23, 2024
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
69 as on May 31, 2026
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Clean Electric's funding and investors

Clean Electric has raised a total funding of $8.35M over 4 rounds. Its first funding round was on Nov 18, 2021. Its latest funding round was a Series A round on Aug 23, 2024 for $*****. 10 investors participated in its latest round. Clean Electric has 14 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of Clean Electric:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 23, 2024
9422616
Series A
9289449
7011538
3925588
6077229
Oct 28, 2022
7713507
Seed
7155692
7902607
3836144
Jun 02, 2022
9592100
Seed
7100340
9935532
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Clean Electric's founders and board of directors

Founder? Claim Profile
The founders of Clean Electric are Akash Gupta and Ankit Joshi. Akash Gupta is the CEO of Clean Electric.
Here are the details of Clean Electric's key team members:

Clean Electric's Board of Directors

Clean Electric's board has 3 active members. Akash Gupta, Shubham Sandeep and Abhinav Roy are part of team.
Here is the list of Clean Electric's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
10y 2m
Team
-
Current
10y 2m
Investor
pi Ventures
Current
1y 10m

Clean Electric's employee count trend

Clean Electric has 69 employees as of May 26. The total employee count is 33.0% more than what it was in May 25. Here is Clean Electric's employee count trend over the years:
Employee count trend for Clean Electric
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Clean Electric's Competitors and alternates

Top competitors of Clean Electric include A123 Systems, Log9 and QuantumScape. Here is the list of Top 10 competitors of Clean Electric, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for A123 Systems
A123 Systems
2001, Hangzhou (China), Public
Manufacturer of automotive lithium-ion batteries
$201M
76/100
2nd
Logo for Log9
Log9
2015, Bengaluru (India), Series B
Online platform offering advanced battery technology solutions for electric vehicles
$90.3M
75/100
3rd
Logo for QuantumScape
QuantumScape
2010, San Jose (United States), Public
Developer of solid-state lithium-metal battery technology for electric vehicle applications
$1B
73/100
4th
Logo for SES Technologies
SES Technologies
2012, Woburn (United States), Public
Developer of Li-Metal batteries and AI-powered battery management solutions
$336M
72/100
5th
Logo for Neuron Energy
Neuron Energy
2018, Mumbai (India), Series A
Manufacturer of lithium-ion batteries for electric vehicles and energy storage
$9.61M
69/100
6th
Manufacturer of battery systems for electric vehicles and energy storage
-
67/100
7th
Logo for Emo Energy
Emo Energy
2022, Bengaluru (India), Series A
Provider of energy management systems integrating battery technology and charging hardware
$14.1M
67/100
8th
Logo for SK On
SK On
2021, Seoul (South Korea), Series E
Provider of energy and chemical products, including batteries and lubricants
$1.73B
66/100
9th
Logo for Forsee Power
Forsee Power
2011, Paris (France), Public
Manufacturer of battery systems for electric vehicles and mobility applications
$143M
66/100
10th
Logo for ACC
ACC
2020, Bruges (France), Series D
Manufacturer of lithium-ion battery cells and modules for electric four-wheelers
$1.2B
65/100
11th
Logo for Clean Electric
Clean Electric
2020, Pune (India), Series A
Manufacturer of lithium ion battery solutions for electric vehicle applications
$8.35M
65/100
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Clean Electric's Latest cap tables and shareholding

Founders own 22.23%, Funds (largest shareholder) own 47.10%, Enterprises own 0.19% and Angels own 1.52%. The net worth of Clean Electric's founders is INR 39.2Cr as of Aug 23, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
22.23%
39.2Cr
5522569
6907282
8046237
8705046
5935307
8918214
3809136
2524928
9789134
4352089
Fund
47.10%
83.1Cr
7616831
1858986
3748451
6846426
2741277
2540400
6756710
3287782
7107983
8220902
2179534
3768678
7038678
5099892
5138781
9313345
50
47
39
80
43
10
35
18
12
49
52
88
0
0
0
0
0
0
0
0
0
0
0
0
Enterprise
0.19%
33.7L
0
0
0
0
Angel
1.52%
2.69Cr
7
1
4
6
0
0
0
0
0
0
0
0
0
0
0
0
ESOP Pool
28.96%
51.1Cr
8476096
4773648
6787017
1720511
Total
100.00%
177Cr
4817028
1108417
3560444
8367746
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Clean Electric's Shareholding

Clean Electric's Investments and acquisitions

Clean Electric has made no investments or acquisitions yet.

Reports related to Clean Electric

Here is the latest report on Clean Electric's sector:

News related to Clean Electric

Media has covered Clean Electric for 1 event in last 1 year, It was about company updates.
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