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MiniMines - About the company

MiniMines is a series A company based in Bengaluru (India), founded in 2020 by Anupam Kumar. It operates as a Provider of lithium-ion battery recycling and commodity extraction clean-tech solutions. MiniMines has raised $5.01M in funding from investors like Micelio, Marlaccelerator and Shastra, with a current valuation of ₹*****. The company has 63 active competitors, including 32 funded and 7 that have exited. Its top competitors include companies like Lohum, Attero and Aqua Metals.

Company Details

Provider of lithium-ion battery recycling and commodity extraction clean-tech solutions. The company develops processes to obtain commodities from end-of-life lithium-ion batteries and battery manufacturing scrap. It offers a hybrid hydrometallurgy process for recycling lithium-ion batteries. The company aims to provide battery-grade materials for re-entry into the supply chain.
Social
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Email ID
*****@minimines.com
Phone Number
+91 **********
Registered Address
Plot No 41, Doddaballapura, IND Area, Veerapura Village, Kasaba HobliI, Dodballapura, Bangalore Rural, Doddaballapura, Karnataka, India, 561203
Key Metrics
Founded Year
2020
Location
Bengaluru, India
Stage
Series A
Total Funding
$5.01M in 4 rounds
Post Money Valuation
₹***** as on Jul 22, 2024
Investors
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
74 as on Aug 31, 2026
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MiniMines's funding and investors

MiniMines has raised a total funding of $5.01M over 4 rounds. Its first funding round was on Jan 21, 2024. Its latest funding round was a Grant (prize money) round on Sep 02, 2025 for $*****. 3 investors participated in its latest round. MiniMines has 20 institutional investors and 4 angel investors.

Here is the list of recent funding rounds of MiniMines:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 02, 2025
7587230
Grant (prize money)
1238017
6173024
8066376
9283225
Jul 05, 2024
4154557
Series A
2194191
8950350
7785794
Mar 05, 2024
3644412
Series A
9308751
1742896
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MiniMines' founders and board of directors

Founder? Claim Profile
The founders of MiniMines is Anupam Kumar. Anupam Kumar is the CEO of MiniMines.
Here are the details of MiniMines' key team members:

MiniMines' Board of Directors

MiniMines's board has 2 active members. Anupam Kumar and Arvind Bhardwaj are part of team.
Here is the list of MiniMines' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 0m
Team
-
Current
5y 0m

MiniMines' employee count trend

MiniMines has 74 employees as of Aug 26. Here is MiniMines's employee count trend over the years:
Employee count trend for MiniMines
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MiniMines's Competitors and alternates

Top competitors of MiniMines include Lohum, Attero and Aqua Metals. Here is the list of Top 10 competitors of MiniMines, 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
75/100
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 Mangrove Lithium
Mangrove Lithium
2013, Delta (Canada), Series B
Developer of modular scalable lithium refining technology for battery‑grade production
$46.5M
64/100
6th
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
7th
Logo for ABTC
ABTC
2011, Reno (United States), Public
Provider of Lithium-ion battery recycling platform
-
63/100
8th
Logo for SiTration
SiTration
2020, Cambridge (United States), Seed
Provider of battery recycling solutions
$17.4M
61/100
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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MiniMines's Latest cap tables and shareholding

Founders (largest shareholder) own 59.13%, Funds own 26.28%, Enterprises own 0.74% and Angels own 0.20%. The net worth of MiniMines's founders is INR 85.7Cr as of Jul 22, 2024.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
59.13%
85.7Cr
9346316
4083327
1632559
9615931
8952123
6335552
8623797
6067025
5633603
4952822
Fund
26.28%
38.1Cr
4583990
3337400
3950303
7183501
2425676
4996975
8351289
9608389
7836787
7740533
1098
9694
8697
2164
7041
6853
0
0
0
0
0
0
Enterprise
0.74%
1.08Cr
0
0
0
0
Angel
0.20%
28.8L
0
0
0
0
Other People
3.33%
4.83Cr
762
898
831
954
ESOP Pool
10.31%
15Cr
4219719
7159298
4496575
9187122
Total
100.00%
145Cr
5430875
6844584
4680280
4152373
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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 MiniMines's Shareholding

MiniMines's Investments and acquisitions

MiniMines has made no investments or acquisitions yet.

Reports related to MiniMines

Here is the latest report on MiniMines's sector:

News related to MiniMines

Media has covered MiniMines for a total of 6 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.
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