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Neuron Energy - About the company

Neuron Energy is a series A company based in Mumbai (India), founded in 2018 by Pratik Rajesh Kamdar and Raj Shah. It operates as a Manufacturer of lithium-ion batteries for electric vehicles and energy storage. Neuron Energy has raised $9.61M in funding from investors like Equanimity Investments, Chona Family Office and NISA Family Trust, with a current valuation of $*****. The company has 1608 active competitors, including 166 funded and 136 that have exited. Its top competitors include companies like A123 Systems, QuantumScape and SES Technologies.

Company Details

Manufacturer of lithium-ion batteries for electric vehicles and energy storage. The company provides batteries for two-wheelers, three-wheelers, light commercial vehicles, and e-tractors. It also offers custom battery packs for industrial and renewable energy applications. The company’s batteries feature battery management systems, thermal protection, and safety protocols.
Social
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Email ID
*****@neuronenergy.in
Phone Number
+91 **********
Registered Address
505, 5th Floor, Sai Heritage, Tilak Road, Ghatkopar (East), Mumbai City, Mumbai, Maharashtra, India, 400077
Key Metrics
Founded Year
2018
Location
Mumbai, India
Stage
Series A
Total Funding
$9.61M in 4 rounds
Latest Funding Round
Post Money Valuation
$***** as on Nov 06, 2025
Ranked
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
106 as on Aug 31, 2025
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Neuron Energy's funding and investors

Neuron Energy has raised a total funding of $9.61M over 4 rounds. Its first funding round was on May 31, 2023. Its latest funding round was a Series A round on Aug 07, 2025 for $*****. 21 investors participated in its latest round. Neuron Energy has 12 institutional investors and 43 angel investors.

Here is the list of recent funding rounds of Neuron Energy:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 07, 2025
9372663
Series A
9518995
6063011
2473423
7451996
Jun 18, 2025
6025876
Series A
8595597
1472692
1025762
Aug 02, 2024
4176603
Series A
6165444
8639851
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Neuron Energy's founders and board of directors

Founder? Claim Profile
The founders of Neuron Energy are Pratik Rajesh Kamdar and Raj Shah. Pratik Rajesh Kamdar is the CEO of Neuron Energy.
Here are the details of Neuron Energy's key team members:

Neuron Energy's Board of Directors

Neuron Energy's board has 2 active members. Pratik Rajesh Kamdar and Raj Kamlesh Shah are part of team.
Here is the list of Neuron Energy's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
4y 0m
Team
-
Current
4y 0m

Neuron Energy's employee count trend

Neuron Energy has 106 employees as of Aug 25. The total employee count is 83.0% more than what it was in Aug 24. Here is Neuron Energy's employee count trend over the years:
Employee count trend for Neuron Energy
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Neuron Energy's Competitors and alternates

Top competitors of Neuron Energy include A123 Systems, QuantumScape and SES Technologies. Here is the list of Top 10 competitors of Neuron 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 SES Technologies
SES Technologies
2012, Woburn (United States), Public
Developer of Li-Metal batteries and AI-powered battery management solutions
$336M
72/100
4th
Logo for Amprius Technologies
Amprius Technologies
2009, Fremont (United States), Public
Developer of silicon nano-wire-based Li-Ion batteries
$55M
72/100
5th
Logo for Sunwoda Electronic
Sunwoda Electronic
1997, Shenzhen (China), Public
Manufacturer of lithium-ion batteries, energy storage systems, and related hardware
-
71/100
6th
Logo for 24m Technologies
24m Technologies
2010, Cambridge (United States), Series H
Developer of battery technology for electric vehicles and energy storage
$500M
69/100
7th
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
8th
Logo for Verkor
Verkor
2020, Grenoble (France), Series C
Manufacturer of lithium ion battery cells for electric vehicle mobility
$1.34B
68/100
9th
Logo for InoBat
InoBat
2019, Bratislava (Slovakia), Series B
Developer of battery solutions for energy security and sustainable e-mobility
$148M
68/100
10th
Manufacturer of battery systems for electric vehicles and energy storage
-
67/100
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Neuron Energy's Latest cap tables and shareholding

Founders (largest shareholder) own 49.23%, Funds own 27.11%, Enterprises own 3.89% and Angels own 12.08%. The net worth of Neuron Energy's founders is INR 160Cr as of Nov 06, 2025.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
49.23%
160Cr
9893745
4197342
9229184
2114504
8750369
9635591
2200850
6261484
8020165
8497432
4278540
2714058
6364563
8613757
5497174
8620641
Fund
27.11%
88.1Cr
1181645
3642972
4215994
8603990
8652269
7520134
9138515
5242152
4657218
8606652
Enterprise
3.89%
12.6Cr
917
662
844
559
Angel
12.08%
39.3Cr
2546807
2201024
1865395
2328554
8
6
8
5
7
4
Other People
0.12%
39.9L
0
0
0
0
ESOP Pool
7.57%
24.6Cr
1512829
8673754
4176544
6951508
Total
100.00%
325Cr
4864638
9534415
3853291
3092544
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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 Neuron Energy's Shareholding

Neuron Energy's Investments and acquisitions

Neuron Energy has made no investments or acquisitions yet.

Reports related to Neuron Energy

Here is the latest report on Neuron Energy's sector:

News related to Neuron Energy

Media has covered Neuron Energy for a total of 2 events in the last 1 year, 1 of them has been about company updates.
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FAQs about Neuron Energy

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