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Log9 - About the company

Log9 is a series B company based in Bengaluru (India), founded in 2015 by Karthik Hajela, Akshay V Singhal and Pankaj Sharma. It operates as an Online platform offering advanced battery technology solutions for electric vehicles. Log9 has raised $90.3M in funding from investors like Amara Raja Group, RTBI and PETRONAS, with a current valuation of $*****. The company has 22 active competitors, including 10 funded and 2 that have exited. Its top competitors include companies like SES Technologies, Emo Energy and ACC.

Company Details

Online platform offering advanced battery technology solutions for electric vehicles. It is an innovative nanotechnology company specializing in the production of graphene based materials and the development of advanced battery solutions.
Social
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Registered Address
# 9, Bellary Road, Off Jakkur Main Rd, Next to Aditya Birla Nuvo Ltd, Jakkur La, yout, Bangalore, Byatarayanapura, Karnataka, India, 560092
Key Metrics
Founded Year
2015
Location
Bengaluru, India
Stage
Series B
Total Funding
$90.3M in 16 rounds
Latest Funding Round
Post Money Valuation
$***** as on Oct 03, 2023
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2024
Employee Count
256 as on Aug 31, 2026
Investment & Acquisitions
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Log9's funding and investors

Log9 has raised a total funding of $90.3M over 16 rounds. Its first funding round was on Jul 22, 2016. Its latest funding round was a Angel round on May 10, 2024 for $*****. 6 investors participated in its latest round. Log9 has 46 institutional investors and 36 angel investors.

Here is the list of recent funding rounds of Log9:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 10, 2024
7757644
Angel
5589675
4482597
2763557
8743395
Oct 03, 2023
3190280
Series B
3902634
3811385
1161525
Jan 23, 2023
3389068
Conventional Debt
6417680
3650068
6572663
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Log9's founders and board of directors

Founder? Claim Profile
The founders of Log9 are Karthik Hajela, Akshay V Singhal and Pankaj Sharma.
Here are the details of Log9's key team members:

Log9's Board of Directors

Log9's board has 3 active members. Karthik Hajela, Akshay V Singhal and Pankaj Sharma are part of team.
Here is the list of Log9's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
11y 3m
xgmykfw
Team
-
Past
8y 2m
dostxki
Team
-
Past
7y 9m
hd{zvkq
Independent board member
-
Past
1y 5m

Log9's employee count trend

Log9 has 256 employees as of Aug 26. Here is Log9's employee count trend over the years:
Employee count trend for Log9
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Log9's Competitors and alternates

Top competitors of Log9 include SES Technologies, Emo Energy and ACC. Here is the list of Top 10 competitors of Log9, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Log9
Log9
2015, Bengaluru (India), Series B
Online platform offering advanced battery technology solutions for electric vehicles
$90.3M
75/100
2nd
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
3rd
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
4th
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
5th
Logo for Clean Electric
Clean Electric
2020, Pune (India), Series A
Manufacturer of battery technology for energy storage and electric vehicles
$8.35M
65/100
6th
Logo for StoreDot
StoreDot
2012, Herzliya (Israel), Series D
Manufacturer of fast charging batteries for electric vehicles
$226M
63/100
7th
Logo for Exponent Energy
Exponent Energy
2020, Bengaluru (India), Series B
Provider of rapid-charging battery, charger, and connector technology for EVs
$68.3M
60/100
8th
Logo for XING Mobility
XING Mobility
2015, Taipei (Taiwan), Funding Raised
Developer of immersion-cooled battery systems for electric vehicles and energy storage
-
47/100
9th
Logo for Ionblox
Ionblox
2017, Fremont (United States), Series B
Developer of lithium-ion battery technology for automotive and aviation applications
$56M
46/100
10th
Logo for Enevate
Enevate
2006, Irvine (United States), Series E
Developer of lithium-ion batteries
$191M
46/100
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Log9's Latest cap tables and shareholding

Founders (largest shareholder) own 34.81%, Funds own 34.57%, Enterprises own 19.87% and Angels own 2.76%. The net worth of Log9's founders is INR 661Cr as of May 10, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
34.81%
661Cr
3312446
1417189
6160945
1637093
8924554
4779154
4869709
4814003
6988558
5420233
2952
9772
4862
6845
3678
3350
647
298
171
331
375
466
Fund
34.57%
656Cr
6217442
3427891
9154994
2067379
5631135
5849140
6712333
9276542
8954070
9414660
0
0
0
0
0
0
0
0
0
0
0
0
Enterprise
19.87%
377Cr
4876410
1999245
1542962
1327632
Angel
2.76%
52.5Cr
15
41
90
78
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Other People
0.44%
8.32Cr
0
0
0
0
ESOP Pool
7.57%
144Cr
7625337
8074078
6803885
7223597
Total
100.00%
1,900Cr
2966305
8944468
6144223
5106942
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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 Log9's Shareholding

Log9's Investments and acquisitions

Log9 has made 2 investments in Chara and TSAW. Log9 has not made any acquisitions as of now.

Reports related to Log9

Here is the latest report on Log9's sector:

News related to Log9

lockFilter this list
Media has covered Log9 for 1 event in last 1 year, It was about company updates.
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FAQs about Log9

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