When was Lithium Urban Technologies founded?

Lithium Urban Technologies was founded in 2015.

Where is Lithium Urban Technologies located?

Lithium Urban Technologies is headquartered in Bengaluru, India. It is registered at No.158, 1st Floor,Seetaramapalya Village, Mahadevapura, KR Puram Hobli, Bangalore, Bangalore, Karnataka, India, 560048.

Who is the current CEO of Lithium Urban Technologies?

Sanjay Akhileswaran Krishnan of Lithium Urban Technologies. They have also founded 1 company.

Which legal entities is Lithium Urban Technologies associated with?

Lithium Urban Technologies is associated with LITHIUM URBAN TECHNOLOGIES PRIVATE LIMITED.

How many employees does Lithium Urban Technologies have?

As of Aug 31, 2025, Lithium Urban Technologies has 460 employees, reflecting a 11% year-over-year decline in headcount.

Is Lithium Urban Technologies a funded company?

Lithium Urban Technologies is a funded company, having raised a total of $26.8M across 8 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round.

How much is Lithium Urban Technologies worth?

The last known valuation of Lithium Urban Technologies was $***** as of Mar 21, 2022.

When was the latest funding round of Lithium Urban Technologies?

Lithium Urban Technologies' latest funding was a $***** Series B round on Jun 25, 2026, with participation from 1 investor. Its primary sector is Road Transport Tech. In India, the Road Transport Tech sector has seen $370M in funding in 2026 to date.

What is the annual revenue of Lithium Urban Technologies?

Annual revenue of Lithium Urban Technologies is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Lithium Urban Technologies rank among its competitors?

Lithium Urban Technologies ranks 1st amongst 3 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Lithium Urban Technologies, which secured an undisclosed amount in Jun, 2026.

Lithium Urban Technologies - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Platform offering operator of electric mobility services, fleet management, and charging infrastructure. It provides fully electric vehicle fleets and related services. It offers transportation solutions, including people transport and business travel. The company also delivers charging infrastructure and fleet management through a software platform.

Website: project-lithium.com
Social
Email ID: *****@project-lithium.com
Registered Address: No.158, 1st Floor,Seetaramapalya Village, Mahadevapura, KR Puram Hobli, Bangalore, Bangalore, Karnataka, India, 560048

Key Metrics

Founded Year

2015

Location

Bengaluru, India

Stage

Acquired

Total Funding

$26.8M in 8 rounds

Latest Funding Round

Series B, Jun 25, 2026, $*****

Last Known Valuation

$***** as on Mar 21, 2022

Investors

IFC & 47 more

Ranked

1^st among 3 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

460 as on Aug 31, 2025

Investment & Acquisitions

Smart Commute

Similar Companies

eee-Taxi & 2 more

Exit Details

Acquired by EverSource Capital (Mar 21, 2022)

View Lithium Urban Technologies' full profile

Lithium Urban Technologies is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
LITHIUM URBAN TECHNOLOGIES PRIVATE LIMITED CIN: U74900KA2014PTC076835 , India, Active	Oct 20, 2014	₹100 - ₹500 Cr (As on Mar 31, 2025)	410 (As on Apr 01, 2026)

Lithium Urban Technologies got acquired by EverSource Capital on Mar 21, 2022 at an acquisition amount of $*****.

Click here to take a look at Lithium Urban Technologies's acquisition in detail

Lithium Urban Technologies has raised a total funding of $26.8M over 8 rounds. Its latest funding round was a Series B round on Jun 25, 2026 for $*****. 1 investor participated in its latest round. Lithium Urban Technologies has 11 institutional investors and 37 angel investors.

Here is the list of recent funding rounds of Lithium Urban Technologies:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jun 25, 2026	8554210	Series B	1317503	9506625	7399214	9138230
Mar 28, 2019	2853760	Series B	4109367	7408211	2300407	4631126
Apr 30, 2018	1964887	Series A	3661994	2144335	Lightrock India	IFC & 1 more

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View details of Lithium Urban Technologies's funding rounds and investors

The founders of Lithium Urban Technologies are Ashwin Mahesh and Sanjay Akhileswaran Krishnan. Sanjay Akhileswaran Krishnan is the CEO of Lithium Urban Technologies.

Here are the details of Lithium Urban Technologies' key team members:

Ashwin Mahesh: Former Co-Founder of Lithium Urban Technologies and founder of 1 other company. They are also an angel investor in 3 startups.
Contact Info: 1 email address
Sanjay Akhileswaran Krishnan: Co-Founder & CEO of Lithium Urban Technologies. They serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number

Lithium Urban Technologies' Board of Directors

Lithium Urban Technologies's board has 4 active members. Sanjay Akhileswaran Krishnan and Rohit Sharad Talwalkar are part of team and Shishir Maheshwari and Rituparna Chakraborty are independent board members.

Here is the list of Lithium Urban Technologies' board of directors:

Name	Type	Representing	Status	Duration
Sanjay Akhileswaran Krishnan	Team	-	Current	6y 6m
Rohit Sharad Talwalkar	Investor	-	Current	2y 0m
Shishir Maheshwari	Independent board member	-	Current	4y 5m
ekfq{dj	Independent board member	-	Current	2y 2m

View details of Lithium Urban Technologies's Founder profiles and Board Members

Lithium Urban Technologies' employee count trend

Lithium Urban Technologies has 460 employees as of Aug 25. The total employee count is 12.0% lower than what it was in Aug 24. Here is Lithium Urban Technologies's employee count trend over the years:

Employee count trend for Lithium Urban Technologies

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Top competitors of Lithium Urban Technologies include eee-Taxi and MyOfficeCab. Here is the list of Top 10 competitors of Lithium Urban Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Lithium Urban Technologies 2015, Bengaluru (India), Acquired	Platform offering operator of electric mobility services, fleet management, and charging infrastructure	$26.8M	LGT Group, Lightrock India & 46 others	60/100
2nd	eee-Taxi 2016, Gurugram (India), Seed	Provider of electric vehicle taxi and employee transportation services	$932K	Pallia Trans Logistics, Shell & 10 others	36/100
3rd	MyOfficeCab 2014, Bengaluru (India), Seed	Operator of online sports betting services and digital casino games	$74.7K	Viridian Accelerator Centre, Mobile10x & 7 others	22/100

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Founders own 32.88%, Funds (largest shareholder) own 50.22%, Enterprises own 2.39% and Angels own 4.90%. The net worth of Lithium Urban Technologies's founders is INR 90.1Cr as of Mar 28, 2019.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	32.88%	90.1Cr	1946796	6195869	7031597	3089250
Sanjay Akhileswaran Krishnan	9594936	5144384	2608272	1850050	1656290	5093069
Fund	50.22%	138Cr	1555894	4791378	4039493	4953535
IFC	7648077	6028734	9919828	8384284	3347164	5061400
Enterprise	2.39%	6.55Cr	28	56	28	47
Angel	4.90%	13.4Cr	5078	1511	7294	8082
Sushil Choksey	0	0	0	0	0	0
Chetan Maini	0	0	0	0	0	0
Other People	9.60%	26.3Cr	5972114	9553004	2034004	5289558
Total	99.99%	274Cr	4358747	8043339	1563973	7047153