About Altmin
Altmin is a company based in Hyderabad (India) founded in 2023 by Ankit Jain, Kiriti Varma, and Anjani Sri Mourya Sunkavalli. Altmin has raised $3.61 million across 1 funding round from investors including Sudeep Pharma. Altmin offers products and services including LFP Cathode Materials, Anode Materials, and Supply Chain Services. Altmin operates in a competitive market with competitors including Nanoramic, Wildcat Discovery Technologies, Ningbo Shanshan, Solidion Technology and Ten-Nine Technologies, among others.
- Annual Revenue₹27.4 Lakh
FY 2025 · +752% YoY
- Net Loss-₹8.24 Cr
FY 2025 · -3005% margin
- EBITDA-₹4.85 Cr
FY 2025 · -1770% margin
- Total Equity Funding$3.61M (USD)
in 1 rounds
- Latest Funding Round$3.61M (USD), Series A
Jan 2024
- Investors
Associated legal entities of Altmin
Altmin operates through Altmin Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Altmin Private Limited CIN U13209TG2023PTC170229 | Active | 09 Jan 2023 | Hyderabad, Telangana | ₹0.3 Cr | 22 | 5 | View details |
Products & Services of Altmin
Altmin offers a comprehensive portfolio of products and services, including LFP Cathode Materials, Anode Materials, and Supply Chain Services.
Materials for manufacturing Lithium Ion batteries
Components for energy storage in batteries
Integrated chain for battery material sourcing and delivery
Apps and channels of Altmin
its YouTube channel Altmin India has 26 subscribers.
Funding Insights of Altmin
Altmin has successfully raised a total of $3.61M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.61 million completed in January 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $3.61M
- Total Rounds 1
- Last Round Series A — $3.61M
- First Round $3.61M
(Jan 2024)
- Investors Count 1
All 1 funding rounds of Altmin with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2024 | $3.61M | Series A | $16.08M | – |
| Date | Valuation | Stage |
|---|---|---|
| Jan 2024 | $16.08M | •••••••• |
Last known valuation $16.08M (Jan 2024). 1 investors in total: 1 institutional.
Investors in Altmin
Altmin has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sudeep Pharma.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Sudeep Pharma is involved in pharmaceutical and nutrition sectors. | – | sudeepgroup.com | - |
Investor details for Altmin
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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Verified entity values are shown only after access is granted.
Board of directors of Altmin Private Limited (Altmin)
Altmin Private Limited is the primary company behind Altmin. The board of Altmin Private Limited currently have 5 directors; the longest-serving is Anjani Sri Mourya Sunkavalli, appointed in 2023. 4 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anjani Sri Mourya Sunkavalli DIN 07619322 | Managing Director | 09 Jan 2023 | 3 yrs 9 mo | Altmin Private Limited |
| Ankit Jain DIN 05300070 | Director | 09 Jan 2023 | 3 yrs 9 mo | Altmin Private Limited |
| Kiriti Varma Kalidindi DIN 09684003 | Director | 09 Jan 2023 | 3 yrs 9 mo | Altmin Private Limited |
| Sreenivasa Reddy Kandula DIN 10141798 | Director | 17 Oct 2023 | 2 yrs 11 mo | Altmin Private Limited |
| Shanil Sujit Bhayani DIN 08877823 | Director | 08 Jan 2024 | 2 yrs 9 mo | Altmin Private Limited |
People of Altmin
3 people are tracked at Altmin (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Co-Founder & COO | Leadership | |
| Co-Founder & Managing Director | Leadership |
Complete people profiles for Altmin
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Altmin
Figures of Altmin Private Limited, the primary company behind Altmin, for FY 2025. Revenue was ₹27.4 Lakh (+752% year on year). Net loss was -₹8.24 Cr (-3005% margin). EBITDA was -₹4.85 Cr (-1770% margin).
- ₹27.4 LakhRevenue · FY 2025 · +752% YoY
- -₹8.24 CrNet loss · -3005% margin
- -₹4.85 CrEBITDA · -1770% margin
- ₹1.3 LakhPaid-up capital
- 22Employees (provident fund records)
Balance sheet, profit and loss, cash flow and ratios of Altmin Private Limited are on its company page.
Detailed financial statements for Altmin
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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- Downloads
Verified entity values are shown only after access is granted.
Timeline of Altmin
3 dated milestones of Altmin across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Altmin is founded.
- Funding First funding round of $3.6M.
- Milestone Reaches Minicorn status.
Competitors of Altmin
Altmin operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Nanoramic, Wildcat Discovery Technologies, Ningbo Shanshan, Solidion Technology and Ten-Nine Technologies, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nanoramic.com | 2009 | Boston, United States | – | 66 | Nanotech-based electrode materials for supercapacitors are provided. | |
| wildcatdiscovery.com | 2006 | San Diego, United States | $188.95M | 122 | Advanced materials for batteries and energy storage are developed. | |
| ssgf.net | 1992 | Ningbo, China | – | 8,095 | Manufacturer of lithium-ion battery materials and LCD polarizer films | |
| solidiontech.com | 2023 | Dallas, United States | – | 32 | Provider of anode materials for batteries | |
| ten-ninetech.com | 2014 | Tulsa, United States | – | – | Battery materials are developed for energy parity with fossil fuels. | |
| piersica.com | 2020 | Miami Beach, United States | – | – | Battery components including lithium metal anodes are designed and developed. | |
| primetprecision.com | 2003 | Ithaca, United States | $7.57M | 14 | Battery components are manufactured using advanced materials by Primet Precision. | |
| jrenergysolution.com | 2022 | – | $6.5M | – | Electrodes for batteries are manufactured, with production technology solutions provided. | |
| bettergy.com | 2008 | Peekskill, United States | – | – | Lithium-based battery solutions are provided via an online platform. |
Detailed competitors of Altmin
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Altmin
The website of Altmin (altmin.in) receives about 1.6K visits a month.
- Monthly visits1.6K
▼ 6.3% vs previous month
Latest news on Altmin
Complete news archive for Altmin
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
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Similar companies to Altmin
10 companies that operate in the same segment as Altmin (Energy Storage Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Silicon-based solar PV modules are manufactured for diverse applications. | 1985 | San Jose, California, United States | USD 171.73 M | USD 300 M | 600 | |
EV charging station network is operated for vehicle users. | 2017 | Munchen, Bayern, Germany | USD 791 M | – | – | |
Platform offering smart electric vehicle charging solutions | 2018 | London, England, United Kingdom | USD 63.18 M | – | – | |
Iron-air energy storage systems are developed for renewable energy projects. | 2009 | Somerville, Massachusetts, United States | USD 1.88 B | – | – | |
Provider of electric vehicle charging solutions | 2009 | London, England, United Kingdom | USD 58.39 M | – | – | |
Monta is recognized as a provider of EV charging software solutions. | 2020 | Copenhagen, Denmark | USD 134.51 M | – | – | |
Provider of EV battery-swapping network | 2019 | Gurugram, Haryana, India | USD 187.76 M | USD 22.56 M | 482 | |
Portable electric vehicle charging solutions are developed and provided. | 2014 | Boston, Massachusetts, United States | USD 104.86 M | – | 50 | |
Provider of solar integrated power storage system | 2010 | Wildpoldsried, Bavaria, Germany | USD 168.42 M | USD 132.91 M | – | |
Lithium-ion batteries for electric vehicles are manufactured across categories. | 2006 | Gurugram, Haryana, India | – | USD 34.18 M | 177 |
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Frequently Asked Questions about Altmin
Altmin was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Altmin is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Altmin is a funded company, having raised a total of $3.61M across 1 funding round to date. The company's 1st funding round was a Series A of $3.61M, raised on Jan 2024.
The primary company behind Altmin, Altmin Private Limited, reported revenue of ₹27.4 Lakh for FY 2025, up 752% year on year.
Altmin was founded in 2023 in Hyderabad, India. Lithium-ion battery materials are produced, with emphasis on eco-friendly cathode and anode components. A supply chain is developed to meet global energy needs within the battery materials sector. Operations focus on sustainable production processes, supporting advancements in energy storage technologies across international markets.
Altmin's top competitors include Nanoramic, Wildcat Discovery Technologies and Ningbo Shanshan.
Altmin offers LFP Cathode Materials, Anode Materials, and Supply Chain Services.
Altmin has 1 investor. Key investors include Sudeep Pharma.
The valuation of Altmin is $16.08M as of Jan 2024.
Altmin operates through Altmin Private Limited.
The legal entities of Altmin currently have 5 directors, including Anjani Sri Mourya Sunkavalli, Sreenivasa Reddy Kandula, Ankit Jain and others.