About Lithium Urban Technologies
Lithium Urban Technologies is a Transportation, Automotive & Logistics company based in Bengaluru (India) founded in 2015 by Sanjay Krishnan, and was acquired by EverSource Capital in March 2022. Ride-hailing services are booked via an online platform for corporates. Lithium Urban Technologies has raised $26.78 million across 7 funding rounds from investors including KPIT, International Finance Corporation and INDAG Rubber. The company has 510 employees. Lithium Urban Technologies has completed 1 acquisition, including Smart Commute. Lithium Urban Technologies was last valued at $39.51 million in March 2019. Its chief executive, as recorded, is Sanjay Krishnan. Its Indian entity Lithium Urban Technologies Private Limited reported revenue of ₹192 Cr. Its focus areas include Consumer, Road Transport Tech, Ride Hailing and Cars. Its competitors include eee-Taxi, MyOfficeCab and Easy2Commute; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Bengaluru, India
- Employees 510
- Founders Sanjay Krishnan
- Stage Acquired
- SectorsTransportation, Automotive & Logistics
- Email••••••••
- Phone•••• ••••
- Website project-lithium.com
- Social LinkedIn X Facebook YouTube
- Acquired by EverSource Capital (Mar 2022)
- Legal Name Lithium Urban Technologies Private Limited
- Date of Incorporation 20 Oct, 2014
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹192 Cr
FY 2025 · +18% YoY
- Net Loss-₹62.63 Cr
FY 2025 · -33% margin
- EBITDA₹25.39 Cr
FY 2025 · 13% margin
- Total Equity Funding$26.78M (USD)
in 7 rounds
- InvestorsKPIT
& 41 more
- Employee Count510
- Investments & Acquisitions
- Acquired byEverSource Capital
(Mar 2022)
Associated legal entities of Lithium Urban Technologies
Lithium Urban Technologies operates through Lithium Urban Technologies 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 |
|---|---|---|---|---|---|---|---|
| Lithium Urban Technologies Private Limited CIN U74900KA2014PTC076835 | Active | 20 Oct 2014 | Bangalore, Karnataka | ₹192 Cr | 510 | 9 | View details |
Apps and channels of Lithium Urban Technologies
its YouTube channel Lithium Urban Technologies has 218 subscribers and 7 videos.
Videos from Lithium Urban Technologies
The most watched videos on Lithium Urban Technologies's YouTube channel, Lithium Urban Technologies (218 subscribers). Click a video to play it here.
More on Lithium Urban Technologies.
Funding Insights of Lithium Urban Technologies
Lithium Urban Technologies has successfully raised a total of $26.78M across 7 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 $26.78M
- Total Rounds 7
- First Round $242,100
(Feb 2015)
- Investors Count 41
All 7 funding rounds of Lithium Urban Technologies 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 2026 | Series B | – | – | ||
| Mar 2019 | $7.52M | Series B | $39.51M | IFC | – |
| Apr 2018 | $16.92M | Series A | $32.87M | Lightrock India | |
| Jan 2017 | $1.06M | Series A | $••••• | Virya Mobility, INDAG Rubber | |
| Mar 2016 | $543,124 | Seed | $••••• | Uday Harsh Khemka | |
| Apr 2015 | $504,396 | Seed | $••••• | – | |
| Feb 2015 | $242,100 | Angel Round | $••••• | Narayan Ramachandran |
| Date | Valuation | Stage |
|---|---|---|
| Mar 2019 | $39.51M | •••••••• |
| Apr 2018 | $32.87M | •••••••• |
| Jan 2017 | $••••• | •••••••• |
| Mar 2016 | $••••• | •••••••• |
| Apr 2015 | $••••• | •••••••• |
| Feb 2015 | $••••• | •••••••• |
Full valuation and stage history of Lithium Urban Technologies
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $39.51M (Mar 2019). 42 investors in total: 9 institutional and 33 angel.
Investors in Lithium Urban Technologies
Lithium Urban Technologies has secured backing from 42 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include KPIT, International Finance Corporation and INDAG Rubber.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
IFC is focused on private sector development in emerging markets. | 1956 | ifc.org | ||
Private equity firm focused on healthcare, renewable energy, education, and other sectors | 2019 | lr-india.com | Bengaluru, India | |
Infrastructure investment and management are conducted in India. | 2018 | eversourcecapital.com | Mumbai, India | |
| lgtlightstone.com | ||||
Develops innovative powertrain technologies for electric vehicles. | 2017 | viryamobility.com | Bengaluru, India | |
Autonomous driving and ADAS solutions are developed for vehicles. | 1990 | kpit.com | Pune, India | |
Operates Hyundai showrooms, service centers, and used car sales in Karnataka. | 1998 | advaithhyundai.com | Bengaluru, India | |
| jsw.in | ||||
SC Sushil Choksey | unknown_2bf1b8e7b0d447048 | |||
SK Srinivasan Karthikeyan | unknown_76b8c3eb6a1742349 |
Investor details for Lithium Urban Technologies
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Board of directors of Lithium Urban Technologies Private Limited (Lithium Urban Technologies)
Lithium Urban Technologies Private Limited is the primary company behind Lithium Urban Technologies. The board of Lithium Urban Technologies Private Limited currently have 6 directors; the longest-serving is Sanjay Akhileswaran Krishnan, appointed in 2014. 21 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sanjay Akhileswaran Krishnan DIN 06969194 | Director | 20 Oct 2014 | 12 yrs | Lithium Urban Technologies Private Limited |
| Shishir Maheshwari DIN 03136246 | Director | 16 Mar 2022 | 4 yrs 7 mo | Lithium Urban Technologies Private Limited |
| Rituparna Chakraborty DIN 07332241 | Director | 08 Nov 2023 | 3 yrs | Lithium Urban Technologies Private Limited |
| Namrata Suri DIN 10518309 | CFO | 15 Nov 2023 | 2 yrs 11 mo | Lithium Urban Technologies Private Limited |
| Rohit Sharad Talwalkar DIN 00981843 | Nominee Director | 11 Jun 2024 | 2 yrs 5 mo | Lithium Urban Technologies Private Limited |
| Don John Thomas DIN 10801746 | CEO | 23 Sep 2024 | 2 yrs 1 mo | Lithium Urban Technologies Private Limited |
People of Lithium Urban Technologies
27 people are tracked at Lithium Urban Technologies (14 in leadership, 13 in team); the tracked headcount is 510.
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
Manohar Ps | General Manager - EV Charging Infrastructure | Leadership |
Prashant Rajput | Product Head - Mobility, Regional Head Operations | Leadership |
Satheesh Kumar | Business Finance Head | Leadership |
Niloy Rajbangshi | Head Of Customer Success (india) | Leadership |
Madhav Raj S M | Manager Human Resources Business Partner | Leadership |
Manoraj | Senior Manager - HR Business Partner | Leadership |
Shammy Joseph | Chief Human Resources Officer | Leadership |
Surendra Prakash | General Manager – Sales | Leadership |
Akhil Jain | Chief Operating Officer | Leadership |
| Chief Financial Officer | Leadership | |
Rakesh Katagihallimath | National Head Of Operations | Leadership |
Vinay Setty | National Head - Asset Maintenance | Leadership |
Ojaswi Dixit | Head Of New Initiatives | Leadership |
Rahul Kadam | Operations Executive | Team |
Akash Pratap Singh | Assistant Manager | Team |
Dilwar Hussain | Recruitment Executive | Team |
Karthik Prasad | Manager Recruitment & Fleet | Team |
Aakash Saxena | Hr-onboarding Executive | Team |
Karamvir Yadav | Human Resources Executive | Team |
7 more people are available in the full profile.
Complete people profiles for Lithium Urban Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Lithium Urban Technologies
Figures of Lithium Urban Technologies Private Limited, the primary company behind Lithium Urban Technologies, for FY 2025. Revenue was ₹192 Cr (+18% year on year). Net loss was -₹62.63 Cr (-33% margin). EBITDA was ₹25.39 Cr (13% margin). Revenue has grown at a compounded annual rate of +86% over three years and +28% over five years.
- ₹192 CrRevenue · FY 2025 · +18% YoY
- -₹62.63 CrNet loss · -33% margin
- ₹25.39 CrEBITDA · 13% margin
- ₹110 CrPaid-up capital
- 510Employees (provident fund records)
- +86%Revenue CAGR, 3 years
- +28%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Lithium Urban Technologies Private Limited are on its company page.
Detailed financial statements for Lithium Urban Technologies
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of commute planning and optimization tools | smartcommute.ca | Toronto, Canada | 2009 | May 2021 | •••• |
Complete acquisition details for Lithium Urban Technologies
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Timeline of Lithium Urban Technologies
6 dated milestones of Lithium Urban Technologies across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Lithium Urban Technologies is founded.
- Funding First funding round of $242K.
- Milestone Reaches Minicorn status.
- Acquisition Acquires Smart Commute.
- Exit Acquired by EverSource Capital.
- Funding Latest funding round, Series B,.
Competitors of Lithium Urban Technologies
Lithium Urban Technologies has 3 listed competitors in our database, 2 of them funded. They include eee-Taxi, MyOfficeCab and Easy2Commute.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| eeetaxi.com | 2016 | Gurugram, India | $932,023 | 31 | Tech-enabled platform offering electric vehicle ride-hailing management solutions | |
| myofficecab.in | 2014 | Bengaluru, India | $74,747 | Eco-transportation solutions for corporate employees are provided end-to-end. | ||
| easy2commute.com | 2009 | Gurugram, India | Offers an online booking platform for corporate carpooling services. |
Detailed competitors of Lithium Urban Technologies
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Web traffic of Lithium Urban Technologies
The website of Lithium Urban Technologies (project-lithium.com) receives about 7.8K visits a month.
- Monthly visits7.8K
▲ 486.4% vs previous month
Websites whose visitors overlap most with Lithium Urban Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
lithiumindia.in | lithiumindia.in | 100% | #2,195,353 | – |
Top companies in Electric & Green Mobility
3 companies that operate in the same segment as Lithium Urban Technologies (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 37.93 M | 401 | |
Manufacturer of electric scooters, charging infrastructure, smart helmets, and accessories | 2013 | Bengaluru, Karnataka, India | USD 502.02 M | USD 407.47 M | 1,917 |
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Related news about Lithium Urban Technologies
Complete news archive for 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 CEO of Lithium Urban Technologies, as recorded in our data. They have also founded this company.
Lithium Urban Technologies is a funded company, having raised a total of $26.78M across 7 funding rounds to date. The company's 1st funding round was a Angel Round of $242.1K, raised on Feb 2015.
Lithium Urban Technologies has 510 employees.
The primary company behind Lithium Urban Technologies, Lithium Urban Technologies Private Limited, reported revenue of ₹192 Cr for FY 2025, up 18% year on year.
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 Easy2Commute.
Lithium Urban Technologies has made 1 acquisition, including Smart Commute.
Lithium Urban Technologies has 42 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.
Lithium Urban Technologies operates through Lithium Urban Technologies Private Limited.