About Lithium Urban Technologies
Lithium Urban Technologies is a company based in Bengaluru (India) founded in 2015 by Sanjay Krishnan was acquired by EverSource Capital in March 2022. Lithium Urban Technologies has raised $26.78 million across 6 funding rounds from investors including KPIT, International Finance Corporation and INDAG Rubber. The company has 510 employees as of May 14, 2024. Lithium Urban Technologies has completed 1 acquisition, including Smart Commute. Lithium Urban Technologies operates in a competitive market with competitors including eee-Taxi, MyOfficeCab, Easy2Commute, TrustPool and Employee Comfort Pool Program, among others.
- Headquarter Bengaluru, India
- Employees 510 as on 14 May, 2024
- Founders Sanjay Krishnan
- Stage Minicorn
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Sectors
Transportation, Automotive & Logistics
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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 Lithium Urban Technologies Private Limited
- Date of Incorporation 20 Oct, 2014
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$10.02 M (USD)158.11as on Mar 31, 2023
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Net Profit
-$6.04 M (USD)-272.78as on Mar 31, 2023
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EBITDA
-$2.84 M (USD)-42.69as on Mar 31, 2023
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Total Equity Funding
$26.78 M (USD)
in 6 rounds
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Latest Funding Round
$7.52 M (USD), Series B
Mar 28, 2019
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Investors
KPIT
& 40 more
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Employee Count
510
as on May 14, 2024
- Investments & Acquisitions
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Acquired by
EverSource Capital
(Mar 21, 2022)
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People of Lithium Urban Technologies
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Funding Insights of Lithium Urban Technologies
Lithium Urban Technologies has successfully raised a total of $26.78M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $7.52 million completed in March 2019. 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 Lithium Urban Technologies
Lithium Urban Technologies has secured backing from 41 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include KPIT, International Finance Corporation and INDAG Rubber.
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IFC is focused on private sector development in emerging markets.
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Private equity firm focused on healthcare, renewable energy, education, and other sectors
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Infrastructure investment and management are conducted in India.
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Investor details for Lithium Urban Technologies
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Investments & Acquisitions by Lithium Urban Technologies
Lithium Urban Technologies has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Smart Commute.
Investment portfolio details for Lithium Urban Technologies
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of commute planning and optimization tools
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Complete acquisition details for Lithium Urban Technologies
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Financial Statements - Lithium Urban Technologies
Detailed financials for Lithium Urban Technologies
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Lithium Urban Technologies Comparisons
Peer comparison for Lithium Urban Technologies
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Competitors of Lithium Urban Technologies
Lithium Urban Technologies 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 eee-Taxi, MyOfficeCab, Easy2Commute, TrustPool and Employee Comfort Pool Program, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Tech-enabled platform offering electric vehicle ride-hailing management solutions
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Eco-transportation solutions for corporate employees are provided end-to-end.
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Offers an online booking platform for corporate carpooling services.
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Online carpooling services for corporate employees are enabled.
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Offers an online platform and app for organizational carpooling.
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Detailed competitors of Lithium Urban Technologies
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Latest news on Lithium Urban Technologies
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Frequently Asked Questions about Lithium Urban Technologies
Lithium Urban Technologies was founded in 2015.
Lithium Urban Technologies is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Sanjay Krishnan is the current CEO of Lithium Urban Technologies. They have also founded this company.
Lithium Urban Technologies is a funded company, having raised a total of $26.78M across 6 funding rounds to date.
As of May 14, 2024, the latest employee count at Lithium Urban Technologies is 510.
Annual revenue of Lithium Urban Technologies is $10.02M as on Mar 31, 2023.
Founded in 2015 in Bengaluru, India, Lithium Urban Technologies operates in the ride-hailing sector. An online platform is utilized for booking rides, where locations, user details, and payment information are provided. The system encompasses software, electric vehicle fleets, and charging infrastructure tailored for corporate clients. A cloud-based transportation management solution is offered, with cabs fitted with cameras, GPS, and WiFi capabilities.
Lithium Urban Technologies's top competitors include eee-Taxi, MyOfficeCab and TrustPool.
Lithium Urban Technologies has made 1 acquisition, including Smart Commute.
Lithium Urban Technologies has 41 investors. Key investors include KPIT, International Finance Corporation, INDAG Rubber, Virya Mobility, and EverSource Capital.
The valuation of Lithium Urban Technologies is $39.51M as of Mar 2019.