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Ziptrax - About the company

Ziptrax is a seed company based in Delhi (India), founded in 2016 by Sonia Singh. It operates as a Platform offering AI-powered solutions for repurposing and recycling lithium-ion batteries. Ziptrax has raised $119K in funding, with a current valuation of $*****. The company has 73 active competitors, including 36 funded and 9 that have exited. Its top competitors include companies like Lohum, Attero and Aqua Metals.

Company Details

Platform offering AI-powered solutions for repurposing and recycling lithium-ion batteries. It includes second-life battery packs and material recovery systems designed for applications in electric mobility, energy storage, and renewable energy integration. Utilizing machine learning algorithms and IoT-enabled hardware, the system assesses and reconfigures used battery cells, extending their lifespan and optimizing performance. Additionally, it employs patented material recycling techniques to recover critical minerals such as lithium, cobalt, nickel, and manganese from spent batteries, supporting a circular economy approach.
Website
ziptrax.in
Social
XFacebook
Email ID
*****@ziptrax.in
Registered Address
C-65/203, 2ND FLOOR JVTS GARDENS, CHATTARPUR EXTN, South Delhi, DELHI, Delhi, India, 110074
Key Metrics
Founded Year
2016
Location
Delhi, India
Stage
Seed
Total Funding
$119K in 1 round
Latest Funding Round
Post Money Valuation
$***** as on Oct 16, 2019
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
5 as on Jun 30, 2026
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Ziptrax's funding and investors

Ziptrax has raised a total funding of $119K over 1 round. Its latest funding round was a Seed round on Aug 28, 2019 for $*****. 1 investor participated in its latest round. Ziptrax has 2 institutional investors.

Here is the list of recent funding rounds of Ziptrax:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Aug 28, 2019
7430925
Seed
9856438
1874260
2739263
1572638
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Ziptrax's founders and board of directors

Founder? Claim Profile
The founders of Ziptrax is Sonia Singh. Sonia Singh is the CEO of Ziptrax.
Here are the details of Ziptrax's key team members:

Ziptrax's Board of Directors

Ziptrax's board has 2 active members. Rohan Singh Bais and Sonia Singh are part of team.
Here is the list of Ziptrax's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
9y 7m
Team
-
Current
9y 7m

Ziptrax's employee count trend

Ziptrax has 5 employees as of Jun 26. Here is Ziptrax's employee count trend over the years:
Employee count trend for Ziptrax
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Ziptrax's Competitors and alternates

Top competitors of Ziptrax include Lohum, Attero and Aqua Metals. Here is the list of Top 10 competitors of Ziptrax, 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
63/100
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
35th
Logo for Ziptrax
Ziptrax
2016, Delhi (India), Seed
Platform offering AI-powered solutions for repurposing and recycling lithium-ion batteries
$119K
35/100
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Ziptrax's Latest cap tables and shareholding

Founders (largest shareholder) own 92.00% and Enterprises own 8.00%. The net worth of Ziptrax's founders is INR 9.8Cr as of Oct 16, 2019.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
92.00%
9.8Cr
2015797
4079565
7613632
1758533
5973689
1621304
7222974
6516422
6138478
1393149
Enterprise
8.00%
85.3L
4929832
9432326
8459946
1808795
Total
100.00%
10.7Cr
5710428
9727341
5837185
8689220
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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 Ziptrax's Shareholding

Ziptrax's Investments and acquisitions

Ziptrax has made no investments or acquisitions yet.

Reports related to Ziptrax

Here is the latest report on Ziptrax's sector:

FAQs about Ziptrax

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