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Enerzolve - About the company

Enerzolve is a seed company based in Bengaluru (India), founded in 2025 by Abhay Adya. It operates as an Energy technology company designing and manufacturing smart grid, power electronics, and energy storage systems. Enerzolve has raised $5.37M in funding from Kae Capital and Jungle Ventures, with a current valuation of ₹*****. The company has 1881 active competitors, including 160 funded and 140 that have exited. Its top competitors include companies like QuantumScape, Waaree Energies and Landis+Gyr.

Company Details

Energy technology company designing and manufacturing smart grid, power electronics, and energy storage systems. Its solutions span smart grid and automation, power electronics, energy storage, and full-stack metering systems, serving sectors including energy, defence and aerospace, railways, and industrials.
Email ID
*****@enerzolve.com
Phone Number
+91 **********
Registered Address
4th floor, 780, 19th Main, Vanganahalli, Sector 1, HSR Layout, Bangalore, Bangalore South, Karnataka, India, 560102
Key Metrics
Founded Year
2025
Location
Bengaluru, India
Stage
Seed
Total Funding
$5.37M in 1 round
Latest Funding Round
Post Money Valuation
₹***** as on Jul 21, 2026
Investors
Ranked
Employee Count
41 as on May 31, 2026
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Enerzolve's funding and investors

Enerzolve has raised a total funding of $5.37M over 1 round. Its latest funding round was a Seed round on Nov 29, 2025 for ₹*****. 12 investors participated in its latest round. Enerzolve has 6 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Enerzolve:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 29, 2025
1894996
Seed
4403326
2314041
8711775
2788129
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Enerzolve's founders and board of directors

Founder? Claim Profile
The founders of Enerzolve is Abhay Adya. Abhay Adya is the CEO of Enerzolve.
Here are the details of Enerzolve's key team members:

Enerzolve's Board of Directors

Enerzolve's board has 2 active members. Abhay Adya and Anupam Kumar Bhatt are part of team.
Here is the list of Enerzolve's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
1y 0m
Team
-
Current
1y 0m

Enerzolve's employee count trend

Enerzolve has 41 employees as of May 26. Here is Enerzolve's employee count trend over the years:
Employee count trend for Enerzolve
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Enerzolve's Competitors and alternates

Top competitors of Enerzolve include QuantumScape, Waaree Energies and Landis+Gyr. Here is the list of Top 10 competitors of Enerzolve, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for QuantumScape
QuantumScape
2010, San Jose (United States), Public
Developer of solid-state lithium-metal battery technology for electric vehicle applications
$1B
75/100
2nd
Logo for Waaree Energies
Waaree Energies
1990, Mumbai (India), Public
Manufacturer of solar PV modules
$261M
74/100
3rd
Logo for Landis+Gyr
Landis+Gyr
1896, Cham (Switzerland), Acquired
Manufacturer of electric meters and grid edge data management software
$1.03B
73/100
4th
Logo for Amprius Technologies
Amprius Technologies
2009, Fremont (United States), Public
Developer of silicon nano-wire-based Li-Ion batteries
$55M
73/100
5th
Logo for Sense
Sense
2013, Cambridge (United States), Series D
Smart energy platform providing real-time electricity usage insights for homes and utilities
$177M
68/100
6th
Logo for Sunwoda Electronic
Sunwoda Electronic
1997, Shenzhen (China), Public
Manufacturer of lithium-ion batteries, energy storage systems, and related hardware
-
71/100
7th
Logo for Verkor
Verkor
2020, Grenoble (France), Series C
Manufacturer of lithium ion battery cells for electric vehicle mobility
$1.34B
70/100
8th
Logo for EnerSys
EnerSys
Public
Manufacturer of industrial battery systems and energy power storage solutions
-
69/100
9th
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
10th
Logo for Itron
Itron
1977, Liberty Lake (United States), Public
Provider of solutions for managing energy, water, and city services
-
68/100
116th
Logo for Enerzolve
Enerzolve
2025, Bengaluru (India), Seed
Energy technology company designing and manufacturing smart grid, power electronics, and energy storage systems
$5.37M
45/100
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Enerzolve's Latest cap tables and shareholding

Founders (largest shareholder) own 56.90%, Funds own 27.64%, Enterprises own 0.12% and Angels own 0.41%. The net worth of Enerzolve's founders is INR 455Cr as of Jul 21, 2026. The cap table displayed below is for ENERZOLVE SMART TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with Enerzolve.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
56.90%
455Cr
6757160
1649317
7338267
6129736
3253199
3742826
3275956
1891616
3322974
2119837
Fund
27.64%
221Cr
9016734
9191379
6239703
1884951
3411197
3832428
4809126
8474841
9730856
8120916
9567974
4546304
7884613
1665103
1165644
9282289
Enterprise
0.12%
98.8L
0
0
0
0
Angel
0.41%
3.31Cr
0
0
0
0
Other People
4.95%
39.5Cr
8066
6457
5368
9253
ESOP Pool
9.98%
79.8Cr
8042817
9252882
2185908
1878012
Total
100.00%
799Cr
9165722
3551377
4011653
3859985
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
$9.99$4.23(excl. taxes)
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  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

Enerzolve's Investments and acquisitions

Enerzolve has made no investments or acquisitions yet.

Reports related to Enerzolve

Here is the latest report on Enerzolve's sector:

News related to Enerzolve

Media has covered Enerzolve for a total of 2 events in the last 1 year.
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