Lohum - About the company
Lohum is a series B company based in Noida (India), founded in 2018 by Rajat Verma, Justin Lemmon and Gazanfar Safavi. It operates as a Sustainable critical minerals and advanced materials producer. Lohum has raised $109M in funding from investors like Baring Private Equity Partners, Cactus Venture Partners and Singularity AMC, with a current valuation of ₹*****. The company has 69 active competitors, including 32 funded and 8 that have exited. Its top competitors include companies like Attero, Aqua Metals and Redwood Materials.
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
- 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 B
Total Funding
$109M in 15 rounds
Latest Funding Round
Post Money Valuation
₹***** as on May 06, 2026
Investors
Ranked
1st among 69 active competitors
Annual Revenue
₹500 - ₹1,000 Cr as on Mar 31, 2025
Employee Count
346 as on Apr 30, 2026
Legal entities associated with Lohum
Lohum is associated with 7 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
LOHUM CATALYSTS PRIVATE LIMITED CIN: U24200DL2025PTC445320 , India, Active | Mar 28, 2025 | - | 31 (As on Apr 30, 2026) | |
Lohum Infrastructure Llp CIN: ACJ-7464 , India, Active | Oct 01, 2024 | - | - | |
LOHUM MAGNETS & ENERGY SOLUTIONS PRIVATE LIMITED CIN: U24209DL2025PTC442695 , India, Active | Feb 15, 2025 | - | - | |
LOHUM CLEANTECH PRIVATE LIMITED CIN: U74999DL2018PTC331175 , India, Active | Mar 19, 2018 | ₹500 - ₹1,000 Cr (As on Mar 31, 2025) | 127 (As on Apr 30, 2026) | |
LOHUM RESEARCH & INNOVATION FOUNDATION CIN: U72100DL2024NPL438951 , India, Active | Nov 20, 2024 | 0 - ₹10 Cr (As on Mar 31, 2025) | - | |
LOHUM MATERIALS PRIVATE LIMITED CIN: U38300DL2023PTC420974 , India, Active | Oct 09, 2023 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 163 (As on Apr 30, 2026) | |
LOHUM NICKEL PRIVATE LIMITED CIN: U20110DL2023PTC422039 , India, Active | Oct 30, 2023 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 25 (As on Apr 30, 2026) |
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Lohum's funding and investors
Lohum has raised a total funding of $109M over 15 rounds. Its first funding round was on Aug 30, 2018. Its latest funding round was a Angel round on Jan 08, 2026 for $*****. 2 investors participated in its latest round. Lohum has 40 institutional investors and 69 angel investors.
Here is the list of recent funding rounds of Lohum:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 08, 2026 | 3703440 | Angel | 4055716 | 9630235 | 7087927 | 4317347 |
Dec 18, 2025 | 2661966 | Series B | 3383984 | 4108547 | 6998208 | |
Oct 16, 2025 | 8196588 | Series B | 1209125 | 1901981 |
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Lohum's founders and board of directors
Founder? Claim ProfileThe founders of Lohum are Rajat Verma, Justin Lemmon and Gazanfar Safavi. Rajat Verma and Chidambaram Mandan are the CEOs of Lohum.
Here are the details of Lohum's key team members:
- Rajat Verma: Co-Founder & Co-CEO of Lohum. They are also an angel investor in 5 startups and serve on the boards of 3 companies.Contact Info: 1 phone number
- Justin Lemmon: Co-Founder of Lohum. Contact Info: 1 email address
- Gazanfar Safavi: Head of Recycling of Lohum.
- Chidambaram Mandan: Co-CEO of Lohum. Contact Info: 1 email address
Lohum's Board of Directors
Lohum's board has 7 active members. Rajat Verma is part of team and Tarun Singhal, Yash Kela, Arul Kamal Mehra, Vidur Talwar, Farhan Ahmad 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 5m | |
Independent board member | - | Current | 5y 1m | |
vzkp{vk | Independent board member | - | Current | 6y 4m |
{altgzf | Independent board member | - | Current | 2y 7m |
vfubtll | Independent board member | - | Current | 8y 7m |
vjiofsl | Independent board member | - | Current | 1y 2m |
cidmxxt | Independent board member | - | Current | 1y 3m |
View details of Lohum's Founder profiles and Board Members
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:
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Lohum's Competitors and alternates
Top competitors of Lohum include Attero, Aqua Metals and Redwood Materials. Here is the list of Top 10 competitors of Lohum, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sustainable critical minerals and advanced materials producer | $109M | 75/100 | ||
2nd | Provider of e-waste and lithium-ion battery recycling | $31.1M | 71/100 | ||
3rd |  Aqua Metals 2013, Reno (United States), Public | Provider of battery recycling solutions | $6M | 65/100 | |
4th | Redwood Materials 2017, Carson City (United States), Series E | Provider of repurposed battery packs for modular energy storage systems | $2.29B | 65/100 | |
5th | Mangrove Lithium 2013, Delta (Canada), Series B | Developer of modular scalable lithium refining technology for battery‑grade production | $46.5M | 64/100 | |
6th |  Recyclekaro 2010, Navi Mumbai (India), Series A | Provider of e-waste, battery, vehicle, and office equipment recycling services | $18.3M | 64/100 | |
7th | Provider of lithium-ion battery recycling and commodity extraction clean-tech solutions | $4.97M | 63/100 | ||
8th |  ABTC 2011, Reno (United States), Public | Provider of Lithium-ion battery recycling platform | - | 63/100 | |
9th | Provider of sustainable battery recycling and recycled raw materials | $71.5M | 63/100 | ||
10th |  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 2.53%, Funds (largest shareholder) own 34.06%, Enterprises own 5.46% and Angels own 13.06%. The net worth of Lohum's founders is INR 119Cr as of May 06, 2026.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 2.53% | 119Cr | 55 | 17 | 26 | 77 |
68 | 55 | 67 | 69 | 35 | 74 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Fund | 34.06% | 1,610Cr | 4739654 | 2292580 | 6869396 | 4143295 |
1508339 | 4557526 | 9442574 | 9131793 | 5176962 | 2365354 | |
34 | 40 | 90 | 47 | 14 | 79 | |
8 | 7 | 3 | 1 | 5 | 1 | |
Enterprise | 5.46% | 258Cr | 59950 | 31881 | 46751 | 26965 |
Angel | 13.06% | 617Cr | 1871118 | 7774704 | 3581160 | 7796448 |
0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 0 | |
Other People | 36.11% | 1,700Cr | 1642996 | 5445301 | 3848187 | 3409279 |
ESOP Pool | 8.78% | 414Cr | 7814196 | 3672379 | 8224524 | 6653111 |
Total | 100.00% | 4,720Cr | 5539618 | 9357386 | 1133941 | 2334214 |
To unlock detailed Cap Table of Lohum Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Lohum's Shareholding
Lohum's Investments and acquisitions
Lohum has made no investments or acquisitions yet.
News related to Lohum
Filter this listMedia has covered Lohum for a total of 9 events in the last 1 year, 3 of them have been about company updates.
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Lohum to Target Rs 10,000 Crore Revenue with New Zimbabwe Lithium MinesFinancial Express•Jun 01, 2026•Lohum
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PE-backed Lohum's strategy head on financial performance, rare earth foray and moreVCCircle•Dec 22, 2025•Lohum
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Lohum to build India's first integrated rare earth magnet facility in Uttar PradeshMoneycontrol•Nov 10, 2025•Lohum
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Singularity AMC sees $100B m-cap potential in key sectors showing promiseMoneycontrol•Jun 11, 2025•Sterling And Wilson, Singularity Capital, Lohum
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Lohum founder Rajat Verma eyes IPO by 2027, targets 5x capacity addition in 3 yrsFortune India•Apr 08, 2025•Lohum
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