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.
- Headquarter Hyderabad, India
- Founders Ankit Jain, Kiriti Varma, Anjani Sri Mourya Sunkavalli
- Stage Minicorn
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Sectors
Energy & Utilities
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Phone
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Website
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Social
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- Legal Name Altmin Private Limited
- Date of Incorporation 09 Jan, 2023
- Jurisdiction Seri Lingampally, Telangana, India
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Annual Revenue
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Net Profit
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EBITDA
-$6.42 K (USD)0as on Mar 31, 2023
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Total Equity Funding
$3.61 M (USD)
in 1 rounds
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Latest Funding Round
$3.61 M (USD), Series A
Jan 08, 2024
- Investors
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Employee Count
Employee Count
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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
People of Altmin
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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 Total Funding
- Total Rounds 1
- Last Round Series A — $3.6M
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First Round
First Round
(08 Jan 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Series A - Altmin | Valuation |
investors |
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 |
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Sudeep Pharma is involved in pharmaceutical and nutrition sectors.
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Founded Year | Domain | Location |
Investments & Acquisitions by Altmin
Financial Statements - Altmin
Altmin Comparisons
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 year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Nanotech-based electrode materials for supercapacitors are provided.
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| domain | founded_year | HQ Location |
Advanced materials for batteries and energy storage are developed.
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| domain | founded_year | HQ Location |
Manufacturer of lithium-ion battery materials and LCD polarizer films
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| domain | founded_year | HQ Location |
Provider of anode materials for batteries
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| domain | founded_year | HQ Location |
Battery materials are developed for energy parity with fossil fuels.
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| domain | founded_year | HQ Location |
Battery components including lithium metal anodes are designed and developed.
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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 08, 2024.
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.