About Clean Electric
Clean Electric is a company based in Pune (India) founded in 2016 by Ankit Joshi, Akash Gupta, and Abhinav Roy. Clean Electric has raised $8.35 million across 4 funding rounds from investors including Info Edge, LetsVenture and pi Ventures. The company has 61 employees as of June 04, 2025. Clean Electric offers products and services including MACH 020, FLO 051, INSTA 250, MACH 123, and FLO 105. Clean Electric operates in a competitive market with competitors including Lohum, Microvast, Contemporary Amperex Technology, Forsee Power and A123 Systems, among others.
- Headquarter Pune, India
- Employees 61 as on 04 Jun, 2025
- Founders Ankit Joshi, Akash Gupta, Abhinav Roy
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Clean Electric Private Limited
- Date of Incorporation 31 May, 2016
- Jurisdiction Bihar, Bihar, India
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Annual Revenue
$220.15 K (USD)222.05as on Mar 31, 2024
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Net Profit
-$1.37 M (USD)-474.87as on Mar 31, 2024
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EBITDA
-$1.27 M (USD)-447.12as on Mar 31, 2024
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Total Equity Funding
$8.35 M (USD)
in 4 rounds
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Latest Funding Round
$6 M (USD), Series A
Aug 23, 2024
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Investors
Info Edge
& 23 more
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Employee Count
61
as on Jun 04, 2025
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Products & Services of Clean Electric
Clean Electric offers a comprehensive portfolio of products and services, including MACH 020, FLO 051, INSTA 250, MACH 123, and FLO 105.
Offers 2.1 kWh energy capacity for EV applications.
Provides 5.1 kWh for energy storage and vehicle use.
Delivers 2.5 kWh with fast charging for portable needs.
Features 12.3 kWh for high-capacity EV requirements.
Includes 10.5 kWh for efficient energy storage solutions.
Funding Insights of Clean Electric
Clean Electric has successfully raised a total of $8.35M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $6 million completed in August 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.
Investors in Clean Electric
Clean Electric has secured backing from 24 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Info Edge, LetsVenture and pi Ventures.
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Deep-tech venture capital investments in early-stage companies.
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Investment firm focusing on tech-enabled enterprises in social and environmental sectors.
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Investments in early-stage technology companies are made by Kalaari Capital.
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Investor details for Clean Electric
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Investments & Acquisitions by Clean Electric
Investment portfolio details for Clean Electric
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Financial Statements - Clean Electric
Detailed financials for Clean Electric
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Clean Electric Comparisons
Peer comparison for Clean Electric
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Competitors of Clean Electric
Clean Electric 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 Lohum, Microvast, Contemporary Amperex Technology, Forsee Power and A123 Systems, among others.
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Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining
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Lithium-ion batteries for multi-category electric vehicles are developed.
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Comprehensive solutions for electric vehicles and energy storage are provided.
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Lithium battery systems for electric vehicles and gadgets are manufactured.
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Lithium-ion batteries for automotive and industrial uses are manufactured.
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Rapid-charging technology for electric vehicles is developed and scaled.
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Detailed competitors of Clean Electric
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Latest news on Clean Electric
Complete news archive for Clean Electric
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Frequently Asked Questions about Clean Electric
Clean Electric was founded in 2016 and raised its 1st funding round 5 years after it was founded.
Clean Electric is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.
Akash Gupta is the current CEO of Clean Electric. They have also founded this company.
Clean Electric is a funded company, having raised a total of $8.35M across 4 funding rounds to date.
As of Jun 04, 2025, the latest employee count at Clean Electric is 61.
Annual revenue of Clean Electric is $220.15K as on Mar 31, 2024.
Clean Electric was founded in 2016 in Pune, India, within the battery manufacturing sector. Battery packs with varying energy capacities, voltages, and operating voltages are produced for electric vehicles and energy storage applications. LFP chemistry and fireproof features are incorporated into the products, which support uses in three-wheelers, four-wheelers, and stationary systems. Battery intelligence platforms and thermal management systems are developed alongside core operations.
Clean Electric's top competitors include Lohum, Microvast and Solid Power.
Clean Electric offers MACH 020, FLO 051, INSTA 250, MACH 123, and FLO 105.
Clean Electric has 24 investors. Key investors include Info Edge, LetsVenture, pi Ventures, Lok Capital, and Sarcha Advisors.
The valuation of Clean Electric is $21.06M as of Aug 2024.