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Indigrid Technology - About the company

Indigrid Technology is a series A company based in Gurugram (India), founded in 2017 by Rishab Puri and Sameer Narang. It operates as a Platform offering electric vehicle powertrain products and electronic design manufacturing services. Indigrid Technology has raised $13.9M in funding from investors like Cactus Venture Partners, Valour Capital and Cactus Partners, with a current valuation of *****. The company has 1362 active competitors, including 144 funded and 104 that have exited. Its top competitors include companies like QuantumScape, Amprius Technologies and Sunwoda Electronic.

Company Details

Platform offering electric vehicle powertrain products and electronic design manufacturing services. It offers solutions for electric mobility, encompassing advanced battery packs and charging infrastructure. The company also provides electronic design and manufacturing services (ESDM). Its focus is on delivering reliable, efficient, and sustainable solutions for the electric vehicle ecosystem. The services are designed to support the transition towards a greener future.
Email ID
*****@indigridtechnology.com
Phone Number
+91 **********
Registered Address
G-49 Lajpat Nagar-2, South Delhi, New Delhi, Delhi, India, 110024
Key Metrics
Founded Year
2017
Location
Gurugram, India
Stage
Series A
Total Funding
$13.9M in 4 rounds
Latest Funding Round
Post Money Valuation
***** as on Jan 09, 2026
Ranked
Annual Revenue
₹110Cr as on Mar 31, 2025
Employee Count
194 as on Aug 31, 2025
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Indigrid Technology's funding and investors

Indigrid Technology has raised a total funding of $13.9M over 4 rounds. Its first funding round was on Jun 07, 2022. Its latest funding round was a Series A round on Jan 09, 2026 for $*****. 5 investors participated in its latest round. Indigrid Technology has 9 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of Indigrid Technology:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jan 09, 2026
4899108
Series A
4729380
3438320
6489146
3843028
Mar 28, 2025
2471469
Series A
2910760
1516332
8184142
5298779
May 17, 2024
1108449
Series A
7636607
8949856
7939924
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Indigrid Technology's founders and board of directors

Founder? Claim Profile
The founders of Indigrid Technology are Rishab Puri and Sameer Narang.
Here are the details of Indigrid Technology's key team members:

Indigrid Technology's employee count trend

Indigrid Technology has 194 employees as of Aug 25. The total employee count is 143.0% more than what it was in Aug 24. Here is Indigrid Technology's employee count trend over the years:
Employee count trend for Indigrid Technology
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Indigrid Technology's Competitors and alternates

Top competitors of Indigrid Technology include QuantumScape, Amprius Technologies and Sunwoda Electronic. Here is the list of Top 10 competitors of Indigrid Technology, 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
73/100
2nd
Logo for Amprius Technologies
Amprius Technologies
2009, Fremont (United States), Public
Developer of silicon nano-wire-based Li-Ion batteries
$55M
72/100
3rd
Logo for Sunwoda Electronic
Sunwoda Electronic
1997, Shenzhen (China), Public
Manufacturer of lithium-ion batteries, energy storage systems, and related hardware
-
71/100
4th
Logo for Enovix
Enovix
2006, Fremont (United States), Public
Battery cells developer for lithium-ion batteries
$220M
70/100
5th
Logo for Greenfuel Energy Solutions
Greenfuel Energy Solutions
2006, Gurugram (India), Acquired
Manufacturer of CNG, LNG, and hydrogen components for vehicle and stations
-
-
70/100
6th
Logo for 24m Technologies
24m Technologies
2010, Cambridge (United States), Series H
Developer of battery technology for electric vehicles and energy storage
$500M
70/100
7th
Logo for Neuron Energy
Neuron Energy
2018, Mumbai (India), Series A
Platform offering lithium-ion batteries for electric vehicles and energy storage
$9.61M
69/100
8th
Logo for InoBat
InoBat
2019, Bratislava (Slovakia), Series B
Developer of battery solutions for energy security and sustainable e-mobility
$147M
68/100
9th
Logo for Fluence
Fluence
2018, Washington, DC (United States), Public
Provider of energy storage products, services, and digital applications for renewables
$125M
67/100
10th
Logo for Ion Storage Systems
Ion Storage Systems
2015, College Park (United States), Series A
Manufacturer of solid-state battery technology for consumer electronics and electric vehicles
$38M
67/100
14th
Logo for Indigrid Technology
Indigrid Technology
2017, Gurugram (India), Series A
Platform offering electric vehicle powertrain products and electronic design manufacturing services
$13.9M
65/100
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Indigrid Technology's Latest cap tables and shareholding

Founders (largest shareholder) own 62.73%, Funds own 22.07%, Enterprises own 0.28% and Angels own 0.99%. The net worth of Indigrid Technology's founders is INR 401Cr as of Jan 09, 2026.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
62.73%
401Cr
5352485
9214868
1353016
2007997
5459635
2082129
6391572
8469799
9183429
3122537
4917721
8727152
7485797
2109315
6511306
8350550
Fund
22.07%
141Cr
8248397
2663468
3855540
7307895
26
96
13
27
10
58
2700955
6042459
6587185
2129441
4896891
5430216
Enterprise
0.28%
1.76Cr
0
0
0
0
Angel
0.99%
6.33Cr
0
0
0
0
0
0
0
0
0
0
Other People
4.01%
25.7Cr
1725
8617
6928
7507
ESOP Pool
9.93%
63.5Cr
2673433
4330489
8697151
8023228
Total
100.00%
640Cr
4401363
1355878
2336170
3193009
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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

Indigrid Technology's Investments and acquisitions

Indigrid Technology has made no investments or acquisitions yet.

Reports related to Indigrid Technology

Here is the latest report on Indigrid Technology's sector:

News related to Indigrid Technology

Media has covered Indigrid Technology for a total of 4 events in the last 1 year.
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