When was Maxvolt Energy founded?

Maxvolt Energy was founded in 2019 and raised its 1st funding round 4 years after it was founded.

Where is Maxvolt Energy located?

Maxvolt Energy is headquartered in Ghaziabad, India. It is registered at A-51 S/Floor New Ashok Nagar Near Police Chocki, New Delhi, Delhi, Delhi, India, 110096.

Which legal entities is Maxvolt Energy associated with?

Maxvolt Energy is associated with MAXVOLT ENERGY INDUSTRIES LIMITED and 1 other.

How many employees does Maxvolt Energy have?

As of Sep 30, 2026, the latest employee count at Maxvolt Energy is 187.

Is Maxvolt Energy a funded company?

Maxvolt Energy is a funded company, having raised a total of $***** in its 1st and only funding round, a Seed round on Nov 27, 2023.

When was the latest funding round of Maxvolt Energy?

Maxvolt Energy's latest funding was a $***** Seed round on Nov 27, 2023, with participation from 21 investors.

What is the annual revenue of Maxvolt Energy?

Annual revenue of Maxvolt Energy is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Maxvolt Energy rank among its competitors?

Maxvolt Energy ranks 30th amongst 459 active competitors, of which 63 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Emo Energy, which secured $6.2M in Feb, 2026.

Who are the top competitors of Maxvolt Energy?

Maxvolt Energy's top competitors include A123 Systems, Proterra and QuantumScape. Among them, Emo Energy secured the most recent funding round in February, 2026.

Maxvolt Energy - 2026 Company Profile, Team, Funding, Competitors & Financials

Maxvolt Energy is a public company based in Ghaziabad (India), founded in 2019 by Satendra Shukla. It operates as a Manufacturer of lithium-ion battery packs for electric vehicles and energy storage solutions. Maxvolt Energy has raised $1.5M in funding. The company has 459 active competitors, including 63 funded and 58 that have exited. Its top competitors include companies like A123 Systems, Proterra and QuantumScape.

Company Details

Manufacturer of lithium-ion battery packs for electric vehicles and energy storage solutions. It provides batteries for e-cycles, e-scooters/bikes, e-rickshaws, solar applications, and customized solutions. The company also offers lithium battery energy storage solutions and caters to applications such as portable lighting and consumer electronics.

Website: www.maxvoltenergy.com/
Email ID: *****@maxvoltenergy.com
Phone Number: +91 **********
Registered Address: A-51 S/Floor New Ashok Nagar Near Police Chocki, New Delhi, Delhi, Delhi, India, 110096

Key Metrics

Founded Year

2019

Location

Ghaziabad, India

Stage

Public

Total Funding

$1.5M in 1 round

Latest Funding Round

Seed, Nov 27, 2023, $*****

Investors

Maruna Exports & 26 more

Ranked

30^th among 459 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

187 as on Sep 30, 2026

Similar Companies

Proterra & 300 more

Exit Details

Public

View Maxvolt Energy's full profile

Maxvolt Energy is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
MAXVOLT ENERGY INDUSTRIES LIMITED CIN: L40106DL2019PLC349854 , India, Active	May 09, 2019	₹100 - ₹500 Cr (As on Mar 31, 2025)	42 (As on Aug 01, 2024)
MAXVOLT ENERGY PRIVATE LIMITED CIN: U74999DL2017PTC318770 , India, Strike off	Jun 06, 2017	0 - ₹10 Cr (As on Mar 31, 2018)	-

Maxvolt Energy got listed on Feb 19, 2025.

Click here to take a look at Maxvolt Energy's IPO in detail

Maxvolt Energy has raised a total funding of $1.5M over 1 round. Its latest funding round was a Seed round on Nov 27, 2023 for $*****. 21 investors participated in its latest round. Maxvolt Energy has 7 institutional investors and 20 angel investors.

Here is the list of recent funding rounds of Maxvolt Energy:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Nov 27, 2023	8852230	Seed	9966769	5906269	4428418	6835585

Access funding benchmarks and valuations. Sign up today!

View details of Maxvolt Energy's funding rounds and investors

The founders of Maxvolt Energy is Satendra Shukla.

Here are the details of Maxvolt Energy's key team members:

Satendra Shukla: Co-Founder of Maxvolt Energy.
Contact Info: 1 email address

Maxvolt Energy's Board of Directors

Maxvolt Energy's board has 5 active members. Bhuvneshwar Pal Singh and Vishal Gupta are part of team and Kavita Dixit, Preet Kumar and Neha Yadav are independent board members.

Here is the list of Maxvolt Energy's board of directors:

Name	Type	Representing	Status	Duration
Bhuvneshwar Pal Singh	Team	-	Current	3y 10m
Vishal Gupta	Team	-	Current	5y 7m
Kavita Dixit	Independent board member	-	Current	2y 5m
cngszko	Independent board member	-	Current	5y 2m
ilbrskw	Independent board member	-	Current	1y 4m

View details of Maxvolt Energy's Founder profiles and Board Members

Maxvolt Energy's employee count trend

Maxvolt Energy has 187 employees as of Sep 26. Here is Maxvolt Energy's employee count trend over the years:

Uncover Maxvolt Energy's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Maxvolt Energy include A123 Systems, Proterra and QuantumScape. Here is the list of Top 10 competitors of Maxvolt Energy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	A123 Systems 2001, Hangzhou (China), Public	Manufacturer of automotive lithium-ion batteries	$201M	General Electric, Qualcomm Ventures & 19 others	76/100
2nd	Proterra 2004, Burlingame (United States), Public	Manufacturer of battery systems for heavy duty and commercial vehicles	$858M	Kleiner Perkins, GM Ventures & 38 others	76/100
3rd	QuantumScape 2010, San Jose (United States), Public	Developer of solid-state lithium-metal battery technology for electric vehicle applications	$1B	Volkswagen Group, Toyota Motor & 16 others	73/100
4th	SES Technologies 2012, Woburn (United States), Public	Developer of Li-Metal batteries and AI-powered battery management solutions	$336M	Temasek, Applied Materials & 16 others	72/100
5th	Neuron Energy 2018, Mumbai (India), Series A	Manufacturer of lithium-ion batteries for electric vehicles and energy storage	$9.61M	Equanimity Investments, Chona Family Office ... & 53 others	69/100
6th	Emo Energy 2022, Bengaluru (India), Series A	Provider of energy management systems integrating battery technology and charging hardware	$14.1M	Subhkam Ventures, Gruhas & 49 others	67/100
7th	Contemporary Amperex Technology 2011, Ningde (China), Public	Manufacturer of battery systems for electric vehicles and energy storage	-	Fortera Capital, Strait Huifu Industrial Investment Fund Management ... & 18 others	67/100
8th	SK On 2021, Seoul (South Korea), Series E	Provider of energy and chemical products, including batteries and lubricants	$1.73B	MBK Partners, Korea Investment Holdings & 3 others	66/100
9th	Forsee Power 2011, Paris (France), Public	Manufacturer of battery systems for electric vehicles and mobility applications	$143M	Idinvest Partners, European Investment Bank ... & 3 others	66/100
10th	ACC 2020, Bruges (France), Series D	Manufacturer of lithium-ion battery cells and modules for electric four-wheelers	$1.2B	Mercedes-Benz, Bundesministerium fur Wirtschaft und Klimaschutz ... & 8 others	65/100
30th	Maxvolt Energy 2019, Ghaziabad (India), Public	Manufacturer of lithium-ion battery packs for electric vehicles and energy storage solutions	$1.5M	Maruna Exports, Chittorgarh Infotech & 25 others	59/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Maxvolt Energy's competitors? Click here to see the top ones

Founders (largest shareholder) own 52.08%, Funds own 2.41%, Enterprises own 1.70% and Angels own 17.91%. The net worth of Maxvolt Energy's founders is INR 45.5Cr as of May 20, 2024.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	52.08%	45.5Cr	7887693	9270499	1748954	1949739
Satendra Shukla	1874116	5754868	7944809	4166828	7060402	3422497
Fund	2.41%	2.1Cr	46	43	30	23
Enterprise	1.70%	1.48Cr	4	6	5	6
Angel	17.91%	15.6Cr	8580983	1031507	9455418	3008416
Hitesh Mohan Bhai Patel	6480577	2240203	8642078	2654991	1578956	8893806
Pooja Sharma	0	0	0	0	0	0
Other People	19.48%	17Cr	6318312	3574797	6570121	8285259
Other Investors	6.44%	5.63Cr	930560	696959	384579	995928
Total	100.00%	87.4Cr	2307500	8254088	7923605	9690000