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Lohum - About the company

Lohum is a series C company based in Noida (India), founded in 2018 by Rajat Verma and Justin Lemmon. It operates as a Sustainable critical minerals and advanced materials producer. Lohum has raised $135M in funding from investors like Baring Private Equity Partners, Cactus Partners and 360 One, with a current valuation of ₹*****. The company has 84 active competitors, including 37 funded and 8 that have exited. Its top competitors include companies like Attero, Aqua Metals and Recyclekaro.

Company Details

Sustainable critical minerals and advanced materials producer. It is focused on strengthening global supply chains through innovative recycling, refining, and resource recovery technologies. Supporting the energy transition, advanced electronics, healthcare, aerospace, and industrial sectors, the organization delivers high-purity materials including lithium, nickel, cobalt, copper, zinc, silicon, rare earth elements, and platinum group metals. It helps businesses achieve regulatory compliance, material traceability, and circular economy goals. Through advanced recovery processes, digital transparency systems, and a commitment to sustainability, the organization is driving resource independence, reducing waste, and creating a reliable supply of critical materials for a net-zero future.
Website
lohum.com
Social
XFacebook
Email ID
*****@lohum.com
Phone Number
+91 **********
Registered Address
B-357/A, SHOP NO. 6, GROUND FLOOR, OPP. METRO PILLAR NO. 157, NEW ASHOK NAGAR, East Delhi, East Delhi, East Delhi, Delhi, India, 110096
Key Metrics
Founded Year
2018
Location
Noida, India
Stage
Series C
Total Funding
$135M in 16 rounds
Latest Funding Round
Post Money Valuation
₹***** as on Jul 06, 2026
Ranked
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
346 as on Apr 30, 2026
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Lohum's funding and investors

Lohum has raised a total funding of $135M over 16 rounds. Its first funding round was on Aug 30, 2018. Lohum has 50 institutional investors and 84 angel investors.

Here is the list of recent funding rounds of Lohum:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Jul 28, 2026
5769386
Series C
4711282
7292763
8599875
7120222
Jul 06, 2026
2139890
Series B
4029253
5035923
5567951
Dec 18, 2025
4892652
Series B
5311733
9965905
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Lohum's founders and board of directors

Founder? Claim Profile
The founders of Lohum are Rajat Verma and Justin Lemmon. Rajat Verma is the CEO of Lohum.
Here are the details of Lohum's key team members:

Lohum's Board of Directors

Lohum's board has 9 active members. Rajat Verma and Tarun Singhal are part of team and Yash Kela, Arul Kamal Mehra, Vidur Talwar, Arul Mehra, Farhan Ahmad, Satyavrat Arya and Supriya Srivastava are independent board members.
Here is the list of Lohum's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
6y 9m
Investor
-
Current
5y 5m
Independent board member
-
Current
1y 5m
rh{fksa
Independent board member
-
Current
9y 3m
ugbs{c{
Independent board member
-
Current
3y 7m
wtmaajv
Independent board member
-
Current
5y 8m
dwewjzf
Independent board member
-
Current
3y 1m
yehvwlz
Independent board member
-
Current
8y 9m
xss{esz
Independent board member
-
Past
5y 2m

Lohum's employee count trend

Lohum has 346 employees as of Apr 26. The total employee count is 12.0% more than what it was in Apr 25. Here is Lohum's employee count trend over the years:
Employee count trend for Lohum
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Lohum's Competitors and alternates

Top competitors of Lohum include Attero, Aqua Metals and Recyclekaro. Here is the list of Top 10 competitors of Lohum, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Lohum
Lohum
2018, Noida (India), Series C
Sustainable critical minerals and advanced materials producer
$135M
76/100
2nd
Logo for Attero
Attero
2008, Noida (India), Series C
Provider of e-waste and lithium-ion battery recycling solutions
$31.1M
71/100
3rd
Logo for Aqua Metals
Aqua Metals
2013, Reno (United States), Public
Provider of battery recycling solutions
$6M
65/100
4th
Logo for Recyclekaro
Recyclekaro
2010, Navi Mumbai (India), Series A
Manufacturer of recycled metals and provider of electronic waste and battery recycling services
$21.8M
65/100
5th
Logo for ABTC
ABTC
2011, Reno (United States), Public
Provider of Lithium-ion battery recycling platform
-
64/100
6th
Logo for Mangrove Lithium
Mangrove Lithium
2013, Delta (Canada), Series B
Developer of modular scalable lithium refining technology for battery‑grade production
$46.5M
64/100
7th
Logo for MiniMines
MiniMines
2020, Bengaluru (India), Series A
Provider of lithium-ion battery recycling and commodity extraction clean-tech solutions
$5.01M
64/100
8th
Logo for SiTration
SiTration
2020, Cambridge (United States), Seed
Provider of battery recycling solutions
$17.4M
62/100
9th
Logo for Redwood Materials
Redwood Materials
2017, Carson City (United States), Series E
Provider of repurposed battery packs for modular energy storage systems
$2.29B
60/100
10th
Logo for Ascend Elements
Ascend Elements
2015, Westborough (United States), Series D
Manufacturer of engineered materials from recycled lithium-ion batteries and battery scrap
$1.1B
60/100
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Lohum's Latest cap tables and shareholding

Founders own 2.51%, Funds (largest shareholder) own 34.51%, Enterprises own 5.54% and Angels own 13.00%. The net worth of Lohum's founders is INR 119Cr as of Jul 06, 2026.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
2.51%
119Cr
18
28
39
54
84
62
89
71
41
79
0
0
0
0
0
0
Fund
34.51%
1,640Cr
9977219
8049380
6148091
5333069
2128328
4142652
7224456
9307454
1010354
9211692
19
86
89
85
55
80
18
69
63
48
56
30
0
0
0
0
0
0
Enterprise
5.54%
263Cr
41086
26535
66825
34520
Angel
13.00%
617Cr
5494629
9805414
7759028
4369722
Other People
36.03%
1,710Cr
2079458
8173883
8752045
2000061
ESOP Pool
8.41%
399Cr
2236352
3555613
9835325
2661852
Total
100.00%
4,740Cr
3476877
5516576
3641996
9312071
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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 Lohum's Shareholding

Lohum's Investments and acquisitions

Lohum has made no investments or acquisitions yet.

Reports related to Lohum

Here is the latest report on Lohum's sector:

News related to Lohum

lockFilter this list
Media has covered Lohum for a total of 16 events in the last 1 year, 7 of them have been about company updates and 2 about partnerships.
•
Used Batteries Can Power India's EV FutureIndia.com•Mar 30, 2026•Lohum
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