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Maxvolt Energy - About the company

Maxvolt Energy is a public company based in Noida (India), founded in 2019 by Vishal Gupta, Bhuvneshwar Pal Singh and 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 1453 active competitors, including 153 funded and 214 that have exited. Its top competitors include companies like A123 Systems, QuantumScape and Sunwoda Electronic.

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.
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
Noida, India
Stage
Public
Total Funding
$1.5M in 1 round
Latest Funding Round
Ranked
Annual Revenue
₹109Cr as on Mar 31, 2025
Employee Count
141 as on Mar 31, 2026
Exit Details
Public

Maxvolt Energy's IPO details

Maxvolt Energy got listed on Feb 19, 2025.
Click here to take a look at Maxvolt Energy's IPO in detail
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Maxvolt Energy's funding and investors

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 6 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
9993682
Seed
8078306
8227693
9052843
6905018
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Maxvolt Energy's founders and board of directors

Founder? Claim Profile
The founders of Maxvolt Energy are Vishal Gupta, Bhuvneshwar Pal Singh and Satendra Shukla.
Here are the details of Maxvolt Energy's key team members:

Maxvolt Energy's Board of Directors

Maxvolt Energy's board has 5 active members. Vishal Gupta and Bhuvneshwar Pal Singh 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
Team
-
Current
5y 1m
Team
-
Current
3y 4m
Independent board member
-
Current
1y 11m
eyulzcm
Independent board member
-
Current
1y 7m
xylmown
Independent board member
-
Current
3y 3m

Maxvolt Energy's employee count trend

Maxvolt Energy has 141 employees as of Mar 26. Here is Maxvolt Energy's employee count trend over the years:
Employee count trend for Maxvolt Energy
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Maxvolt Energy's Competitors and alternates

Top competitors of Maxvolt Energy include A123 Systems, QuantumScape and Sunwoda Electronic. 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
Logo for A123 Systems
A123 Systems
2001, Hangzhou (China), Public
Manufacturer of automotive lithium-ion batteries
$201M
76/100
2nd
Logo for QuantumScape
QuantumScape
2010, San Jose (United States), Public
Developer of solid-state lithium-metal battery technology for electric vehicle applications
$1B
73/100
3rd
Logo for Sunwoda Electronic
Sunwoda Electronic
1997, Shenzhen (China), Public
Manufacturer of lithium-ion batteries, energy storage systems, and related hardware
-
71/100
4th
Logo for Greenfuel Energy Solutions
Greenfuel Energy Solutions
2006, Gurugram (India), Acquired
Manufacturer of CNG, LNG, and hydrogen components for vehicle and stations
-
-
70/100
5th
Logo for Neuron Energy
Neuron Energy
2018, Mumbai (India), Series A
Manufacturer of lithium-ion batteries for electric vehicles and energy storage
$9.61M
69/100
6th
Logo for FlexGen
FlexGen
2009, Durham (United States), Series C
Battery energy storage solutions and software platform for energy transition
$276M
69/100
7th
Logo for SES Technologies
SES Technologies
2012, Woburn (United States), Public
Developer of Li-Metal batteries and AI-powered battery management solutions
$336M
67/100
8th
Logo for EnerSys
EnerSys
1999, Reading (United States), Public
Global leader providing stored energy solutions for diverse industries and applications
-
67/100
9th
Logo for Solid Power
Solid Power
2011, Louisville (United States), Public
Developer of solid-state lithium-ion battery
$182M
66/100
10th
Logo for LG Energy Solutions
LG Energy Solutions
2020, Seoul (South Korea), Public
Manufacturer of advanced batteries for automotive, mobility, IT, and ESS applications
-
-
65/100
28th
Logo for Maxvolt Energy
Maxvolt Energy
2019, Noida (India), Public
Manufacturer of lithium-ion battery packs for electric vehicles and energy storage solutions
$1.5M
60/100
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Maxvolt Energy's Latest cap tables and shareholding

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
5588205
2742349
1289190
4519679
3263204
7759019
9198995
9671422
9343530
8017830
8453041
8673849
1640817
3153841
2079437
2803674
4391368
3104771
8287737
7101825
2598385
8226206
Fund
2.41%
2.1Cr
75
51
60
85
Enterprise
1.70%
1.48Cr
7
4
5
1
Angel
17.91%
15.6Cr
4865356
5930397
1402462
2349576
5136422
3118876
7772448
8461345
1505490
7495321
0
0
0
0
0
0
Other People
19.48%
17Cr
9001903
3376751
2167319
4310139
Other Investors
6.44%
5.63Cr
679918
456932
684531
668752
Total
100.00%
87.4Cr
3402668
1691151
9832059
3226437
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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 Maxvolt Energy's Shareholding

Maxvolt Energy's Investments and acquisitions

Maxvolt Energy has made no investments or acquisitions yet.

News related to Maxvolt Energy

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Media has covered Maxvolt Energy for a total of 4 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
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