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 1796 active competitors, including 172 funded and 144 that have exited. Its top competitors include companies like A123 Systems, QuantumScape and Proterra.
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.
- Website
- www.neuronenergy.in/
- Social
- 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
Investors
Ranked
8th among 1796 active competitors
Annual Revenue
₹100 - ₹500 Cr as on Mar 31, 2025
Employee Count
106 as on Aug 31, 2025
Similar Companies
Legal entities associated with Neuron Energy
Neuron Energy is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
NEURON ENERGY PRIVATE LIMITED CIN: U31909MH2022PTC388295 , India, Active | Aug 05, 2022 | ₹100 - ₹500 Cr (As on Mar 31, 2025) | 143 (As on May 01, 2026) |
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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:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Aug 07, 2025 | 8200495 | Series A | 8423241 | 4163663 | 7647928 | 1225795 |
Jun 18, 2025 | 6055281 | Series A | 2238534 | 1548357 | 4480261 | |
Aug 02, 2024 | 5274925 | Series A | 3438593 | 2320711 |
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Neuron Energy's founders and board of directors
Founder? Claim ProfileThe 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:
- Pratik Rajesh Kamdar: Co-Founder & CEO & MD of Neuron Energy. They serve on the board of 1 company.Contact Info: 1 email address and 1 phone number
- Raj Shah: Co-Founder of Neuron Energy and founder of 1 other company. Contact Info: 1 email address
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 2m | |
Team | - | Current | 4y 2m |
View details of Neuron Energy's Founder profiles and Board Members
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:
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Neuron Energy's Competitors and alternates
Top competitors of Neuron Energy include A123 Systems, QuantumScape and Proterra. Here is the list of Top 10 competitors of Neuron Energy, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | _1591002989634.png?devicePixelRatio=2&height=30&width=30){kind=logo} A123 Systems 2001, Hangzhou (China), Public | Manufacturer of automotive lithium-ion batteries | $201M | 76/100 | |
2nd |  QuantumScape 2010, San Jose (United States), Public | Developer of solid-state lithium-metal battery technology for electric vehicle applications | $1B | 75/100 | |
3rd | Proterra 2004, Burlingame (United States), Public | Manufacturer of battery systems for heavy duty and commercial vehicles | $858M | 72/100 | |
4th | Amprius Technologies 2009, Fremont (United States), Public | Developer of silicon nano-wire-based Li-Ion batteries | $55M | 72/100 | |
5th |  Sunwoda Electronic 1997, Shenzhen (China), Public | Manufacturer of lithium-ion batteries, energy storage systems, and related hardware | - | 71/100 | |
6th | Manufacturer of lithium ion battery cells for electric vehicle mobility | $1.34B | 69/100 | ||
7th | _1591158709139.png?devicePixelRatio=2&height=30&width=30){kind=logo} SES Technologies 2012, Woburn (United States), Public | Developer of Li-Metal batteries and AI-powered battery management solutions | $336M | 69/100 | |
8th |  Neuron Energy 2018, Mumbai (India), Series A | Manufacturer of lithium-ion batteries for electric vehicles and energy storage | $9.61M | 69/100 | |
9th | 24m Technologies 2010, Cambridge (United States), Series H | Developer of battery technology for electric vehicles and energy storage | $500M | 69/100 | |
10th | Developer of battery solutions for energy security and sustainable e-mobility | $148M | 68/100 |
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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 | 6409743 | 6693787 | 7463816 | 4501760 |
4699915 | 2299030 | 7256087 | 3491638 | 6935478 | 5775944 | |
5921276 | 5716623 | 4770394 | 9582478 | 6080122 | 8263000 | |
Fund | 27.11% | 88.1Cr | 8757723 | 9876087 | 3964068 | 7247984 |
9266367 | 4372547 | 1821861 | 6975132 | 5580395 | 8421556 | |
Enterprise | 3.89% | 12.6Cr | 439 | 583 | 697 | 744 |
Angel | 12.08% | 39.3Cr | 6041008 | 5817670 | 5098548 | 2254915 |
8 | 6 | 3 | 7 | 6 | 6 | |
Other People | 0.12% | 39.9L | 0 | 0 | 0 | 0 |
ESOP Pool | 7.57% | 24.6Cr | 4060980 | 8209138 | 9124625 | 7546280 |
Total | 100.00% | 325Cr | 1978799 | 7514081 | 2194456 | 4614934 |
To unlock detailed Cap Table of Neuron Energy Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView 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.
•
EV-focused Neuron Energy forays into BESS with 5-GWh factory in IndiaRenewables Now•Apr 03, 2026•Neuron Energy
•
Neuron Energy Secures INR 31 Cr in Pre-Series B Funding Round Co-led by Equanimity VenturesEnablers•Nov 27, 2025•Neuron Energy, Equanimity Investments, Thackersey Group, Chona Financial Services
•
Indian Battery Manufacturer Opens 1.5 Gwh Lithium-ion Plant For Evs, Storagepv magazine•Jan 15, 2025•Neuron Energy
•
Neuron Energy partners with Pointo to transform e-rickshaw battery leasing in IndiaIndiatimes•Sep 18, 2024•Neuron Energy, Pointo
•
Neuron Energy has secured INR 20 Cr in Series A funding round co-led by Chona Family and Capri Global Family OfficeEnablers•Aug 06, 2024•Neuron Energy, Capri Family Office, Amara Raja Energy & Mobility, Altigreen and 2 others
•
Neuron Energy And Hexall Motors Team Up To Power L5 EVsElectronicsB2B•May 28, 2024•Neuron Energy, Hexallmotors
•
Neuron Energy raises Rs 20 Cr in pre-Series A led by EquanimityEntrackr•Jul 12, 2023•Neuron Energy, Equanimity Investments, Havmor Ice Cream
•
Neuron Energy to Invest ₹500 Million in Increasing Lithium-Ion Battery ProductionMercom India•Dec 13, 2022•Neuron Energy
•
Neuron Energy Collaborated with EV Giant E-AshwaSMEStreet.in•Sep 10, 2022•Neuron Energy, e-Ashwa Automotive
•
Neuron Energy Collaborated with EV Giant E-AshwaSMEStreet.in•Aug 24, 2022•Neuron Energy, e-Ashwa Automotive
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