About Indigrid Technology
Indigrid Technology is a company based in Gurugram (India) founded in 2017 by Rishab Puri and Sameer Narang. Indigrid Technology has raised $13.28 million across 4 funding rounds from investors including Cactus Venture Partners, Swasti Bhowmick and Valour Capital. The company has 84 employees as of April 02, 2025. Indigrid Technology offers products and services including EV Solutions and ESDM Solutions. Indigrid Technology operates in a competitive market with competitors including SunPower, 24m Technologies, Enovix, QuantumScape and Farasis Energy, among others.
- Headquarter Gurugram, India
- Employees 84 as on 02 Apr, 2025
- Founders Rishab Puri, Sameer Narang
- Stage Minicorn
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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- Legal Name Indigrid Technology Private Limited
- Date of Incorporation 08 Jun, 2016
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$7.9 M (USD)-3.62as on Mar 31, 2024
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Net Profit
-$246.99 K (USD)-361.92as on Mar 31, 2024
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EBITDA
$52.83 K (USD)-91.33as on Mar 31, 2024
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Total Equity Funding
$13.28 M (USD)
in 4 rounds
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Latest Funding Round
$5.56 M (USD), Series A
Jan 09, 2026
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Investors
Cactus Venture Partners
& 5 more
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Employee Count
84
as on Apr 02, 2025
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Products & Services of Indigrid Technology
Indigrid Technology offers a comprehensive portfolio of products and services, including EV Solutions and ESDM Solutions.
Provides battery packs and charging infrastructure for electric vehicles.
Offers electronic system design and custom hardware development services.
People of Indigrid Technology
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Funding Insights of Indigrid Technology
Indigrid Technology has successfully raised a total of $13.28M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5.56 million completed in January 2026. 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 Indigrid Technology
Indigrid Technology has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Cactus Venture Partners, Swasti Bhowmick and Valour Capital.
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Investor details for Indigrid Technology
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Investments & Acquisitions by Indigrid Technology
Investment portfolio details for Indigrid Technology
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Financial Statements - Indigrid Technology
Detailed financials for Indigrid Technology
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Indigrid Technology Comparisons
Peer comparison for Indigrid Technology
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Competitors of Indigrid Technology
Indigrid Technology 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 SunPower, 24m Technologies, Enovix, QuantumScape and Farasis Energy, among others.
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Semi-solid lithium-ion batteries are developed to address manufacturing issues.
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Lithium-ion battery cells are developed with 3D silicon anode technology.
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Solid-state lithium-metal batteries are manufactured with anode-less cell design.
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Farasis Energy is engaged in sustainable energy solutions development.
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Silicon nanowire-based Li-Ion batteries are developed for high energy density.
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Detailed competitors of Indigrid Technology
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Latest news on Indigrid Technology
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Frequently Asked Questions about Indigrid Technology
Indigrid Technology was founded in 2017 and raised its 1st funding round 5 years after it was founded.
Indigrid Technology is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Indigrid Technology is a funded company, having raised a total of $13.28M across 4 funding rounds to date.
As of Apr 02, 2025, the latest employee count at Indigrid Technology is 84.
Annual revenue of Indigrid Technology is $7.9M as on Mar 31, 2024.
Indigrid Technology was founded in 2017 and is based in Gurugram, India. Operations center on the electric vehicle sector, where powertrain products, advanced battery packs, and charging infrastructure are developed. Electronic design and manufacturing services (ESDM) are also delivered to support the electric mobility ecosystem. Solutions are tailored for efficiency and sustainability in this field.
Indigrid Technology's top competitors include SunPower, 24m Technologies and Enovix.
Indigrid Technology offers EV Solutions and ESDM Solutions.
Indigrid Technology has 6 investors. Key investors include Cactus Venture Partners, Swasti Bhowmick, Valour Capital, Xenon Trust, and ITI Growth Opportunities.
The valuation of Indigrid Technology is $44.41M as of May 2024.