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MiniMines - About the company

MiniMines is a series A company based in Bengaluru (India), founded in 2020 by Arvind Bhardwaj and Anupam Kumar. It operates as a Provider of lithium-ion battery recycling and commodity extraction clean-tech solutions. MiniMines has raised $4.48M in funding from investors like Micelio, Marlaccelerator and Shastra, with a current valuation of ₹*****. The company has 74 active competitors, including 35 funded and 7 that have exited. Its top competitors include companies like Lohum, Attero and Recyclekaro.

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
$4.48M in 7 rounds
Post Money Valuation
₹***** as on Jul 22, 2024
Investors
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
85 as on Sep 30, 2026
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MiniMines's funding and investors

MiniMines has raised a total funding of $4.48M over 7 rounds. Its latest funding round was a Grant (prize money) round on Mar 26, 2026 for $*****. 1 investor participated in its latest round. MiniMines has 21 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
Mar 26, 2026
9900691
Grant (prize money)
8153043
1972794
5655201
6211091
Jan 30, 2026
8265502
Grant (prize money)
4065433
8246055
9627446
8041093
Sep 02, 2025
9702710
Grant (prize money)
7167802
2027644
7958339
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MiniMines' founders and board of directors

Founder? Claim Profile
The founders of MiniMines are Arvind Bhardwaj and 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. Arvind Bhardwaj and Anupam Kumar are part of team.
Here is the list of MiniMines' board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
5y 2m
Team
-
Current
5y 2m

MiniMines' employee count trend

MiniMines has 85 employees as of Sep 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 Recyclekaro. 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
76/100
2nd
Logo for Attero
Attero
2008, Noida (India), Series C
Provider of e-waste and lithium-ion battery recycling solutions
$49.2M
72/100
3rd
Logo for MiniMines
MiniMines
2020, Bengaluru (India), Series A
Provider of lithium-ion battery recycling and commodity extraction clean-tech solutions
$4.48M
66/100
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 SiTration
SiTration
2020, Cambridge (United States), Seed
Provider of battery recycling solutions
$17.4M
63/100
7th
Logo for Cylib
Cylib
2022, Aachen (Germany), Series A
Provider of sustainable battery recycling and recycled raw materials
$71.5M
63/100
8th
Logo for BatX Energies
BatX Energies
2020, Gurugram (India), Series A
Provider of lithium-ion battery recycling and critical mineral recovery services
$18.6M
63/100
9th
Logo for Aqua Metals
Aqua Metals
2013, Reno (United States), Public
Provider of battery recycling solutions
$6M
62/100
10th
Logo for NEU Battery Materials
NEU Battery Materials
2021, Singapore (Singapore), Series A
Provider of lithium iron phosphate battery recycling and battery-grade lithium supply
$11.9M
61/100
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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. The cap table displayed below is for MINIMINES CLEANTECH SOLUTIONS PRIVATE LIMITED which is the legal entity associated with MiniMines.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
59.13%
85.7Cr
5435878
9165120
4768079
1796156
7858502
7560149
9583447
7883432
8211236
2965064
2620503
3717083
1753586
8597038
1051229
6030474
Fund
26.28%
38.1Cr
8218892
6652964
4255444
3004423
9080034
8178372
5427515
5228593
6983214
2189127
1667
4732
6570
9917
7440
2141
Enterprise
0.74%
1.08Cr
0
0
0
0
Angel
0.20%
28.8L
0
0
0
0
Other People
3.33%
4.83Cr
637
799
720
545
ESOP Pool
10.31%
15Cr
8498112
4499496
4789709
6727139
Total
100.00%
145Cr
9982367
5639115
1083937
8911883
Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
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shareholding pattern of this entity
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

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 5 events in the last 1 year, 1 of them has been about company updates and 1 about partnerships.
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