About Lithion Power
Lithion Power is a company based in Delhi (India) founded in 2016 by Prem Chand Gupta, Chandrashekhar Bhide, and Piyush Gupta. Lithion Power has raised $2.74 million across 9 funding rounds from investors including Prime Securities, Setu Securities and GKK Capital Markets. The company has 22 employees as of April 10, 2024. Lithion Power operates in a competitive market with competitors including Eatron, Ion Energy Labs, Electra Vehicles, Williams Advanced Engineering and Breathe Battery Technologies, among others.
- Headquarter Delhi, India
- Employees 22 as on 10 Apr, 2024
- Founders Prem Chand Gupta, Chandrashekhar Bhide, Piyush Gupta
- 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 Lithion Power Private Limited
- Date of Incorporation 28 Aug, 2017
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$165.61 K (USD)9.34as on Mar 31, 2022
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Net Profit
-$753.47 K (USD)-469.12as on Mar 31, 2022
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EBITDA
-$738.17 K (USD)-557.84as on Mar 31, 2022
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Total Equity Funding
$2.74 M (USD)
in 9 rounds
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Latest Funding Round
$717.55 K (USD), Seed
Sep 25, 2024
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Investors
Prime Securities
& 51 more
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Employee Count
22
as on Apr 10, 2024
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People of Lithion Power
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Funding Insights of Lithion Power
Lithion Power has successfully raised a total of $2.74M across 9 strategic funding rounds. The most recent funding activity was a Seed round of $717.55 thousand completed in September 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 Lithion Power
Lithion Power has secured backing from 52 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Prime Securities, Setu Securities and GKK Capital Markets.
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Private equity investments are made for buyouts and expansions.
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Venture capital firm focused on multiple sectors
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Investor details for Lithion Power
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Investments & Acquisitions by Lithion Power
Investment portfolio details for Lithion Power
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Financial Statements - Lithion Power
Detailed financials for Lithion Power
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Lithion Power Comparisons
Peer comparison for Lithion Power
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Competitors of Lithion Power
Lithion Power 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 Eatron, Ion Energy Labs, Electra Vehicles, Williams Advanced Engineering and Breathe Battery Technologies, among others.
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AI-enabled battery management and motion control systems are developed.
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Battery intelligence platform for utility-scale energy storage systems is developed.
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Battery management systems for electric vehicles are developed and provided.
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Battery management systems for electric vehicles are provided.
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Physics-based battery management software is developed for batteries.
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Battery management systems are developed for modular lithium battery packs.
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Detailed competitors of Lithion Power
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Latest news on Lithion Power
Complete news archive for Lithion Power
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Frequently Asked Questions about Lithion Power
Lithion Power was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Lithion Power is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Piyush Gupta is the current CEO of Lithion Power. They have also founded this company.
Lithion Power is a funded company, having raised a total of $2.74M across 9 funding rounds to date.
As of Apr 10, 2024, the latest employee count at Lithion Power is 22.
Annual revenue of Lithion Power is $165.61K as on Mar 31, 2022.
Lithion Power was founded in 2016 in Delhi, India, within the electric vehicle sector. A network for battery swapping is maintained to support multi-category vehicles, including electric bikes and three-wheelers. Battery-as-a-service is provided, enabling owners to exchange drained batteries for charged ones at designated stations, thereby reducing downtime. Operations are centered on urban mobility solutions in India.
Lithion Power's top competitors include Eatron, Breathe Battery Technologies and Brill Power.
Lithion Power has 52 investors. Key investors include Prime Securities, Setu Securities, GKK Capital Markets, Tejas Shah, and Rajeev Praful Shah.
The valuation of Lithion Power is $9.76M as of Sep 2024.