About Grinntech Motors & Services
Grinntech Motors & Services is a Transportation, Automotive & Logistics company based in Chennai (India) founded in 2011 by Nikhilesh Mishra, and was acquired by Yuma Energy in February 2025. Provider of lithium-ion battery for e-rickshaw. It operates in the Transportation, Automotive & Logistics and Energy & Utilities sectors. Grinntech Motors & Services has raised $2 million across 3 funding rounds from investors including RTBI, Lakshmi Narayanan and K S Manian. The company has 42 employees. Grinntech Motors & Services was last valued at $5.52 million in July 2020. Its chief executive, as recorded, is Nikhilesh Mishra. Its Indian entity Grinntech Motors And Services Private Limited reported revenue of ₹15.60 Cr. Grinntech Motors & Services offers products and services including Battery Packs, Off-the-Shelf Products, Custom Battery Development, and Battery Analytics. Its focus areas include Energy Tech, Electric Vehicles, Components and Batteries. Its competitors include Lohum and Exponent Energy; 2 of its 2 listed competitors have raised funding.
Company details
Grinntech Motors Services was established in 2011 in Chennai, India, within the electric vehicle battery sector. Lithium-ion batteries tailored for e-rickshaws are manufactured and supplied, alongside options for two-wheelers and starter batteries. Custom battery development is undertaken, and a battery analytics platform is maintained to support operations. Services are directed toward the Indian market, emphasizing sustainable energy solutions for mobility.
- Headquarters Chennai, India
- Employees 42
- Founders Nikhilesh Mishra
- Stage Acquired
- SectorsTransportation, Automotive & LogisticsEnergy & Utilities
- Website grinntech.com
- Social LinkedIn X Facebook YouTube
- Acquired by Yuma Energy (Feb 2025)
- Legal Name Grinntech Motors And Services Private Limited
- Date of Incorporation 20 Feb, 2013
- Jurisdiction Dehradun, Uttarakhand, India
- Annual Revenue₹15.60 Cr
FY 2025 · +275% YoY
- Net Loss-₹14.40 Cr
FY 2025 · -92% margin
- EBITDA-₹10.26 Cr
FY 2025 · -66% margin
- Total Equity Funding$2M (USD)
in 3 rounds
- Latest Funding Round$2M (USD), Debt – Conventional
Jun 2021
- InvestorsRTBI
& 5 more
- Employee Count42
- Acquired byYuma Energy
(Feb 2025)
Associated legal entities of Grinntech Motors & Services
Grinntech Motors & Services operates through Grinntech Motors And Services 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 |
|---|---|---|---|---|---|---|---|
| Grinntech Motors And Services Private Limited CIN U29220UR2013PTC000567 | Active | 20 Feb 2013 | Dehradun, Uttarakhand | ₹15.6 Cr | 42 | 2 | View details |
Products & Services of Grinntech Motors & Services
Grinntech Motors & Services offers a comprehensive portfolio of products and services, including Battery Packs, Off-the-Shelf Products, Custom Battery Development, and Battery Analytics.
Fully integrated lithium-ion batteries for electric vehicles.
Pre-made solutions addressing common EV segments.
Optimized battery designs made to customer specifications.
Tools for enhancing battery performance and safety.
Apps and channels of Grinntech Motors & Services
its YouTube channel Grinntech has 174 subscribers and 7 videos.
Videos from Grinntech Motors & Services
The most watched videos on Grinntech Motors & Services's YouTube channel, Grinntech (174 subscribers). Click a video to play it here.
More on Grinntech.
Funding Insights of Grinntech Motors & Services
Grinntech Motors & Services has successfully raised a total of $2M across 3 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $2 million completed in June 2021. 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 $2M
- Total Rounds 3
- Last Round Debt – Conventional — $2M
- Investors Count 5
All 3 funding rounds of Grinntech Motors Services 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 |
|---|---|---|---|---|---|
| Jun 2021 | $2M | Debt – Conventional | – | – | – |
| Jul 2020 | $2M | Seed | $5.52M | Lakshmi Narayanan, Venkataramani Sumantran | |
| Jun 2018 | Seed | – | RTBI | – |
| Date | Valuation | Stage |
|---|---|---|
| Jul 2020 | $5.52M | •••••••• |
Last known valuation $5.52M (Jul 2020). 6 investors in total: 3 institutional and 3 angel.
Investors in Grinntech Motors & Services
Grinntech Motors & Services has secured backing from 6 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include RTBI, Lakshmi Narayanan and K S Manian.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Startups in rural technologies are incubated by government-backed RTBI. | rtbi.in | Chennai, India | ||
Magnetic meter systems are designed for industrial flow measurement. | ||||
LN Lakshmi Narayanan | Angel investor, ex-CEO of Cognizant, focused on tech and innovation | unknown_818280faf03e48f4a | ||
KS K S Manian | unknown_ae13ffe508044d539 | |||
VS Venkataramani Sumantran | unknown_f0d50020bf2d4656a | |||
Yuma Energy is recognized as India's leading Battery-as-a-Service provider. | yuma.energy | India |
Investor details for Grinntech Motors Services
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Board of directors of Grinntech Motors And Services Private Limited (Grinntech Motors & Services)
Grinntech Motors And Services Private Limited is the primary company behind Grinntech Motors & Services. The board of Grinntech Motors And Services Private Limited currently have 2 directors; the longest-serving is Pankaj Chowdhary, appointed in 2023. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Pankaj Chowdhary DIN 07284001 | Nominee Director | 13 Sep 2023 | 3 yrs 1 mo | Grinntech Motors And Services Private Limited |
| Matteo Del Sorbo DIN 09683937 | Director | 19 Feb 2025 | 1 yr 8 mo | Grinntech Motors And Services Private Limited |
People of Grinntech Motors & Services
1 people are tracked at Grinntech Motors & Services (1 in leadership); the tracked headcount is 42.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership |
Complete people profiles for Grinntech Motors & Services
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Financials of Grinntech Motors & Services
Figures of Grinntech Motors And Services Private Limited, the primary company behind Grinntech Motors & Services, for FY 2025. Revenue was ₹15.60 Cr (+275% year on year). Net loss was -₹14.40 Cr (-92% margin). EBITDA was -₹10.26 Cr (-66% margin). Revenue has grown at a compounded annual rate of +50% over three years and +81% over five years.
- ₹15.60 CrRevenue · FY 2025 · +275% YoY
- -₹14.40 CrNet loss · -92% margin
- -₹10.26 CrEBITDA · -66% margin
- ₹2 LakhPaid-up capital
- 42Employees (provident fund records)
- +50%Revenue CAGR, 3 years
- +81%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Grinntech Motors And Services Private Limited are on its company page.
Detailed financial statements for Grinntech Motors & Services
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Grinntech Motors & Services
5 dated milestones of Grinntech Motors & Services across 14 years, from founding to its latest funding, stage changes and deals.
- Founded Grinntech Motors & Services is founded.
- Funding First funding round.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Debt – Conventional, of $2.0M.
- Exit Acquired by Yuma Energy.
Competitors of Grinntech Motors & Services
Grinntech Motors & Services 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 Grinntech Motors Services
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Web traffic of Grinntech Motors & Services
The website of Grinntech Motors & Services (grinntech.com) receives about 1.5K visits a month.
- Monthly visits1.5K
▲ 194.2% vs previous month
Websites whose visitors overlap most with Grinntech Motors & Services. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| aqueouss.in | 100% | #3,480,980 | View details | ||
karacusenergy.com | karacusenergy.com | 97% | – | ||
| yuma.energy | 96% | #5,471,157 | View details | ||
| shizenenergy.in | 85% | #687,576 | View details |
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Grinntech Motors & Services (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 2.14 M | 251 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 391.37 M | 1,917 |
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Related news about Grinntech Motors & Services
Complete news archive for Grinntech Motors Services
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Frequently Asked Questions about Grinntech Motors & Services
Grinntech Motors & Services was founded in 2011 and raised its 1st funding round 7 years after it was founded.
Grinntech Motors & Services is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.
Nikhilesh Mishra is the CEO of Grinntech Motors & Services, as recorded in our data. They have also founded this company.
Grinntech Motors & Services is a funded company, having raised a total of $2M across 3 funding rounds to date.
Grinntech Motors & Services has 42 employees.
The primary company behind Grinntech Motors & Services, Grinntech Motors And Services Private Limited, reported revenue of ₹15.60 Cr for FY 2025, up 275% year on year.
Grinntech Motors Services was established in 2011 in Chennai, India, within the electric vehicle battery sector. Lithium-ion batteries tailored for e-rickshaws are manufactured and supplied, alongside options for two-wheelers and starter batteries. Custom battery development is undertaken, and a battery analytics platform is maintained to support operations. Services are directed toward the Indian market, emphasizing sustainable energy solutions for mobility.
Grinntech Motors & Services's top competitors include Lohum and Exponent Energy.
Grinntech Motors & Services offers Battery Packs, Off-the-Shelf Products, Custom Battery Development, and Battery Analytics.
Grinntech Motors & Services has 6 investors. Key investors include RTBI, Lakshmi Narayanan, K S Manian, Venkataramani Sumantran, and Magnetic Meter Systems.
The valuation of Grinntech Motors & Services is $5.52M as of Jul 2020.
Grinntech Motors & Services operates through Grinntech Motors And Services Private Limited.