About Li-Circle
Li-Circle is an Environment company based in Bengaluru (India) founded in 2020 by Santosh Kumar J. It operates as a lithium-ion batteries are recycled to recover and reuse critical materials. Li-Circle has raised $36.76 thousand across 4 funding rounds from investors including FiiRE, Campus Fund and Subhabrata Ghosh. The company has 1 employees. Its Indian entity Trishulavel Eshan Private Limited reported revenue of ₹6.97 Cr. Li-Circle offers products and services including Battery Recycling Service. Its focus areas include Environment Tech, Solid Waste Management Tech, Recycling and Tech Enabled Recyclers. Its competitors include Lohum, Redwood Materials, Ascend Elements, Li Industries and Metastable Materials and 2 more; 7 of its 7 listed competitors have raised funding.
Company details
Li-Circle was founded in 2020 in Bengaluru, India, and operates in the lithium-ion battery recycling sector. Critical materials from end-of-life batteries are recovered and reused through mechanical and chemical processes. End-of-life battery disposal is integrated with circular economy principles. Recycling operations are conducted to ensure safety, efficiency, and environmental responsibility in material recovery.
- Headquarters Bengaluru, India
- Employees 1
- Founders Santosh Kumar J
- SectorsEnvironment
- Phone•••• ••••
- Website licircle.com
- Social LinkedIn
- Legal Name Trishulavel Eshan Private Limited
- Date of Incorporation 15 Sep, 2020
- Jurisdiction Bengaluru, Karnataka, India
- Annual Revenue₹6.97 Cr
FY 2025 · +244% YoY
- Net Profit₹67.6 Lakh
FY 2025 · 10% margin
- EBITDA₹86.5 Lakh
FY 2025 · 12% margin
- Total Equity Funding$36.76K (USD)
in 4 rounds
- InvestorsFiiRE
& 2 more
- Employee Count1
Associated legal entities of Li-Circle
Li-Circle operates through Trishulavel Eshan 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 |
|---|---|---|---|---|---|---|---|
| Trishulavel Eshan Private Limited CIN U51909KA2020PTC138628 | Active | 15 Sep 2020 | Chintamani, Karnataka | ₹7.0 Cr | – | 2 | View details |
Products & Services of Li-Circle
Li-Circle offers a comprehensive portfolio of products and services, including Battery Recycling Service.
Service for safely processing and recycling end-of-life lithium-ion batteries.
Funding Insights of Li-Circle
Li-Circle has successfully raised a total of $36.76K across 4 strategic funding rounds. 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 $36,762
- Total Rounds 4
- First Round $1,500
(Jan 2022)
- Investors Count 3
All 4 funding rounds of Li-Circle 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 |
|---|---|---|---|---|---|
| Feb 2025 | – | Angel Round | – | Subhabrata Ghosh | – |
| Sep 2023 | $24,084 | Seed | – | FiiRE | – |
| Jun 2022 | $12,679 | Seed | – | FiiRE | – |
| Jan 2022 | $1,500 | Grant | – | – |
3 investors in total: 2 institutional and 1 angel.
Investors in Li-Circle
Li-Circle has secured backing from 3 investors, including venture fund and angel investors. Prominent investors backing the company include FiiRE, Campus Fund and Subhabrata Ghosh.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Student-led startups are invested in by this venture capital firm. | – | yourcampusfund.com | Bengaluru, India | |
Startup incubation and support services in TourismTech, sustainability, and hospitality in Goa. | 2018 | fiire.org.in | Margao, India | |
SG Subhabrata Ghosh | - | – | unknown_be77130d3e9b4af38 | - |
Investor details for Li-Circle
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Trishulavel Eshan Private Limited (Li-Circle)
Trishulavel Eshan Private Limited is the primary company behind Li-Circle. The board of Trishulavel Eshan Private Limited currently have 2 directors; the longest-serving is Santosh Kumar Jayavel, appointed in 2020.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Santosh Kumar Jayavel DIN 08879519 | Director | 15 Sep 2020 | 6 yrs 1 mo | Trishulavel Eshan Private Limited |
| Palani Jayavel Swamy DIN 07978221 | Director | 15 Sep 2020 | 6 yrs 1 mo | Trishulavel Eshan Private Limited |
People of Li-Circle
1 people are tracked at Li-Circle (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Santosh Kumar J | Founder | Leadership |
Complete people profiles for Li-Circle
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Li-Circle
Figures of Trishulavel Eshan Private Limited, the primary company behind Li-Circle, for FY 2025. Revenue was ₹6.97 Cr (+244% year on year). Net profit was ₹67.6 Lakh (10% margin). EBITDA was ₹86.5 Lakh (12% margin). Revenue has grown at a compounded annual rate of +345% over three years.
- ₹6.97 CrRevenue · FY 2025 · +244% YoY
- ₹67.6 LakhNet profit · 10% margin
- ₹86.5 LakhEBITDA · 12% margin
- ₹23.2 LakhPaid-up capital
- +345%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Trishulavel Eshan Private Limited are on its company page.
Detailed financial statements for Li-Circle
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
Verified entity values are shown only after access is granted.
Timeline of Li-Circle
3 dated milestones of Li-Circle across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Li-Circle is founded.
- Funding First funding round of $2K.
- Funding Latest funding round, Angel Round,.
Competitors of Li-Circle
Li-Circle has 7 listed competitors in our database, 7 of them funded. They include Lohum, Redwood Materials, Ascend Elements, Li Industries and Metastable Materials, among others.
| 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 | |
| redwoodmaterials.com | 2017 | Carson, United States | $2.22B | 101 | Used battery packs are repurposed for modular energy storage systems. | |
| ascendelements.com | 2015 | Westborough, United States | $1.1B | 87 | Lithium-ion battery materials are manufactured from reclaimed battery elements. | |
| li-ind.com | 2017 | Blacksburg, United States | $49.29M | 18 | Lithium-ion battery recycling | |
| metastable.in | 2021 | Bengaluru, India | $2.79M | 21 | End-to-end lithium-ion battery recycling services are provided. | |
| circunomics.com | 2019 | Mainz, Germany | $10.36M | – | Waste management services for electric vehicle batteries are provided. | |
| altilium.tech | 2020 | London, United Kingdom | $41.5M | 12 | Recycled EV battery materials are developed for automotive applications. |
Detailed competitors of Li-Circle
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Li-Circle
The website of Li-Circle (licircle.com) receives about 1.2K visits a month.
- Monthly visits1.2K
▲ 124% vs previous month
Top companies in Waste & Water Management Systems
10 companies that operate in the same segment as Li-Circle (Waste & Water Management Systems), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Wastewater and energy management services are provided internationally. | 1853 | Aubervilliers, Seine-saint-denis, France | – | USD 52.17 B | 215,040 | |
Sustainable infrastructure solutions in renewable energy are developed and managed. | 1931 | Alcobendas, Comunidad De Madrid, Spain | – | USD 1.9 M | 44 | |
Provider of climate-smart deeptech solutions for renewable energy and sustainable agriculture | 2010 | Pune, Maharashtra, India | USD 76.38 M | USD 56.11 M | 702 | |
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | – | USD 25.2 B | 61,700 | |
Integrated waste management services are provided nationwide. | 1998 | Phoenix, Arizona, United States | – | USD 16.59 B | 42,000 | |
Provider of smart water purifier rental and maintenance services | 2016 | Bengaluru, Karnataka, India | USD 19.29 M | USD 3.62 M | – | |
Sensor-based sorting and recycling solutions are provided for multiple industries. | 1972 | Asker, Viken, Norway | – | USD 1.53 B | 4,950 | |
Smart water dispensers with flavored options are provided for offices. | 2013 | Boston, Massachusetts, United States | USD 135.53 M | – | 102 | |
Surplus goods are shared among neighbors through a mobile app. | 2015 | London, England, United Kingdom | USD 51.2 M | – | – | |
Water and waste treatment services are provided worldwide. | 1966 | London, England, United Kingdom | – | USD 4.18 B | 9,750 |
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Frequently Asked Questions about Li-Circle
Li-Circle was founded in 2020 and raised its 1st funding round 2 years after it was founded.
Li-Circle is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Li-Circle is a funded company, having raised a total of $36.76K across 4 funding rounds to date. The company's 1st funding round was a Grant of $1.5K, raised on Jan 2022.
Li-Circle has 1 employees.
The primary company behind Li-Circle, Trishulavel Eshan Private Limited, reported revenue of ₹6.97 Cr for FY 2025, up 244% year on year.
Li-Circle was founded in 2020 in Bengaluru, India, and operates in the lithium-ion battery recycling sector. Critical materials from end-of-life batteries are recovered and reused through mechanical and chemical processes. End-of-life battery disposal is integrated with circular economy principles. Recycling operations are conducted to ensure safety, efficiency, and environmental responsibility in material recovery.
Li-Circle's top competitors include Lohum, Redwood Materials and Ascend Elements.
Li-Circle offers Battery Recycling Service.
Li-Circle has 3 investors. Key investors include FiiRE, Campus Fund, and Subhabrata Ghosh.
Li-Circle operates through Trishulavel Eshan Private Limited.
The legal entities of Li-Circle currently have 2 directors, including Santosh Kumar Jayavel, Palani Jayavel Swamy.