About ElecXion
ElecXion is a Transportation, Automotive & Logistics company based in Vijayawada (India) founded in 2020 by Prasanth SD. Lithium-ion battery packs for electric two-wheelers are developed. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. The company has 1 employees. Its Indian entity Elecxion Energy Private Limited reported revenue of ₹10 Lakh. ElecXion offers products and services including X3R Battery Platform, NEURO-X BMS, E-THERM Thermal Platform, NEUROSYNC Analytics Platform, and XPAC Battery Pack. Its focus areas include Energy Tech, Energy Storage Tech, Battery and Secondary Battery. Its competitors include Lohum and Exponent Energy; 2 of its 2 listed competitors have raised funding.
Company details
ElecXion was founded in 2020 in Vijayawada, India, within the energy storage sector. Lithium-ion batteries tailored for electric two-wheelers are produced, incorporating features such as optimized charging capacity, lightweight construction, swappable design, cost efficiency, and extended lifespan. Operations focus on battery pack development to support urban mobility solutions in the Indian market.
- Headquarters Vijayawada, India
- Employees 1
- Founders Prasanth SD
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Website elecxionenergy.com
- Social LinkedIn
- Legal Name Elecxion Energy Private Limited
- Date of Incorporation 10 Jul, 2020
- Jurisdiction Visakhapatnam, Andhra Pradesh, India
- Annual Revenue₹10 Lakh
FY 2023 · -17% YoY
- Net Loss-₹13 Lakh
FY 2023 · -130% margin
- EBITDA-₹11.4 Lakh
FY 2023 · -114% margin
- Employee Count1
Associated legal entities of ElecXion
ElecXion operates through Elecxion Energy Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Elecxion Energy Private Limited CIN U34100AP2020PTC114927 | Active | 10 Jul 2020 | Visakhapatnam, Andhra Pradesh | ₹0.1 Cr | 2 | View details |
Products & Services of ElecXion
ElecXion offers a comprehensive portfolio of products and services, including X3R Battery Platform, NEURO-X BMS, E-THERM Thermal Platform, NEUROSYNC Analytics Platform, and XPAC Battery Pack.
Patented weldless case for easy assembly, maintenance, and recycling of batteries.
Monitors and protects battery packs with IoT for safe operations.
Direct cooling system to enhance battery lifespan and safety.
Real-time monitoring and optimization via digital twins for performance.
Smart, sustainable packs for electric vehicles with integrated connectivity.
Board of directors of Elecxion Energy Private Limited (ElecXion)
Elecxion Energy Private Limited is the primary company behind ElecXion. The board of Elecxion Energy Private Limited currently have 2 directors; the longest-serving is Praveen Bhaskar Reddi, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Praveen Bhaskar Reddi DIN 08789031 | Director | 10 Jul 2020 | 6 yrs 4 mo | Elecxion Energy Private Limited |
| Taduthuri Sourya Pradeep DIN 09075330 | Director | 22 Feb 2021 | 5 yrs 8 mo | Elecxion Energy Private Limited |
People of ElecXion
1 people are tracked at ElecXion (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Prasanth SD | Co-Founder | Leadership |
Complete people profiles for ElecXion
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
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Verified entity values are shown only after access is granted.
Financials of ElecXion
Figures of Elecxion Energy Private Limited, the primary company behind ElecXion, for FY 2023. Revenue was ₹10 Lakh (-17% year on year). Net loss was -₹13 Lakh (-130% margin). EBITDA was -₹11.4 Lakh (-114% margin).
- ₹10 LakhRevenue · FY 2023 · -17% YoY
- -₹13 LakhNet loss · -130% margin
- -₹11.4 LakhEBITDA · -114% margin
- ₹2 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Elecxion Energy Private Limited are on its company page.
Detailed financial statements for ElecXion
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
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Competitors of ElecXion
ElecXion has 2 listed competitors in our database, 2 of them funded. They include Lohum and Exponent Energy.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| lohum.com | 2018 | Noida, India | $115.92M | 286 | Recycles lithium-ion batteries and repurposes battery raw materials through low-carbon refining | |
| exponent.energy | 2020 | Bengaluru, India | $47.2M | 222 | Rapid-charging technology for electric vehicles is developed and scaled. |
Detailed competitors of ElecXion
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- Full competitor set
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- Competitive positioning
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Top companies in Electric & Green Mobility
3 companies that operate in the same segment as ElecXion (Electric & Green Mobility) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Electric ride-hailing and cab services are provided via mobile app. | 2019 | Mumbai, Maharashtra, India | USD 168.52 M | |||
Shared electric two-wheelers are rented via an online platform. | 2017 | Bengaluru, Karnataka, India | USD 187.54 M | USD 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 407.47 M | 1,917 |
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Frequently Asked Questions about ElecXion
ElecXion was founded in 2020.
ElecXion is headquartered in Vijayawada, India. It is registered at Vijayawada, Andhra Pradesh, India.
ElecXion has 1 employees.
The primary company behind ElecXion, Elecxion Energy Private Limited, reported revenue of ₹10 Lakh for FY 2023, down 17% year on year.
ElecXion was founded in 2020 in Vijayawada, India, within the energy storage sector. Lithium-ion batteries tailored for electric two-wheelers are produced, incorporating features such as optimized charging capacity, lightweight construction, swappable design, cost efficiency, and extended lifespan. Operations focus on battery pack development to support urban mobility solutions in the Indian market.
ElecXion's top competitors include Lohum and Exponent Energy.
ElecXion offers X3R Battery Platform, NEURO-X BMS, E-THERM Thermal Platform, NEUROSYNC Analytics Platform, and XPAC Battery Pack.
ElecXion operates through Elecxion Energy Private Limited.
The legal entities of ElecXion currently have 2 directors, including Taduthuri Sourya Pradeep, Praveen Bhaskar Reddi.