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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 $4.97M 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
$4.97M in 3 rounds
Post Money Valuation
***** as on Jul 22, 2024
Investors
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
69 as on Jul 31, 2026
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MiniMines's funding and investors

MiniMines has raised a total funding of $4.97M over 3 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:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 02, 2025
6874656
Grant (prize money)
6255686
5070141
6656734
9492242
Mar 05, 2024
1390168
Series A
4285640
5721636
4400198
Jan 21, 2024
1262539
Seed
3563411
7896817
8305182
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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 69 employees as of Jul 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
$4.97M
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
9078795
6531990
3262485
5794739
5169567
8368547
6325054
6438055
6644143
9491190
Fund
26.28%
38.1Cr
9844410
2083515
9907779
4716492
7823673
4853827
5645757
3198437
4686134
8397025
2840
8927
8006
5416
1610
6970
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
155
997
318
736
ESOP Pool
10.31%
15Cr
8200355
7799018
1774837
4434385
Total
100.00%
145Cr
4385699
5148141
2882276
5090544
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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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